Clear Mountain Bank, Inc.
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Data as of · sourced from FFIEC call reports. How we update
Clear Mountain Bank, Inc. is an FDIC-insured commercial bank headquartered in Bruceton Mills, WV, established in 1931 (FDIC certificate 2443), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $1.03B, up 4.8% from Q2 2025, the 4th largest of 40 banks headquartered in West Virginia. It reports no CET1 ratio; its Tier 1 leverage ratio was 13.08% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 2443
- Headquarters
- Bruceton Mills, WV
- Established
- 1931
- Total assets, Q2 2026
- $1.03B
- Assets vs Q2 2025
- +4.8%
- Tier 1 leverage ratio, Q2 2026
- 13.08%
- Domestic offices
- 12 FDIC institution directory, current count
- Routing number
- 051502599
- Holding company
- STATE BANCORP, INC.
- Asset rank in state
- 4th of 40 in West Virginia
Clear Mountain Bank, Inc. earns an unusually wide margin on its lending. Its balance sheet stood at $1.0 billion at June 30, 2026, up 4.8% from a year earlier; it is based in Bruceton Mills, West Virginia. It keeps 4.57 cents of net interest income on every dollar of earning assets, higher than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 3.71 cents). It also holds commercial real estate loans worth 1.2 times its capital, about half the median of 2.2 times for banks its size.
Earnings jumped: net income for the quarter was $4.5 million, 30% above the same quarter a year earlier. Over the same year, loans grew 9.0% and deposits grew 2.5%.
As of June 30, 2026, Clear Mountain Bank, Inc. reported a return on assets of 1.75%, a nonperforming-loan ratio of 0.30% and a Texas ratio of 1.85%. The figures come from its call report filed with the FFIEC.
Of the 40 banks headquartered in West Virginia, Clear Mountain Bank, Inc. is the 4th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 1.4% to $1.03B, loans rose 1.1% and deposits rose 1.1%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 50.8% of total loans, followed by owner-occupied commercial real estate loans at 12.9%. Its 12 offices in the FDIC Summary of Deposits are in 10 cities across 2 states; its Morgantown 3 offices book 44% of its branch deposits. By the capital ratios in its Q2 2026 call report, Clear Mountain Bank, Inc. meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 160 Morgantown St, Bruceton Mills, WV 26525
- County
- Preston
- Metro Area
- Morgantown, WV
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1931
- Former names
- Clear Mountain Bank (2005)
- Domestic offices
- 12 FDIC institution directory, current count
- Employees (FTE)
- 153
- Domestic deposits
- $887.5M
- Allowance for credit losses
- $10.4M
- Net charge-offs (YTD)
- $231K
- Average total assets
- $1.02B
- Average total loans
- $760.9M
- Average interest-bearing deposits
- $615.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 2443
- Fed RSSD
- 886624
- Website
- www.clearmountain.bank →
- Parent Holding Company
- STATE BANCORP, INC. (RSSD 1076150)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Clear Mountain Bank, Inc. reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Clear Mountain Bank, Inc.'s total assets ran between $927.6M (Q3 2023) and $1.03B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.03B total assets against $979.5M; $907.8M total liabilities against $874.0M.
$753.5M net loans and leases against $691.3M; $887.5M total deposits against $865.6M.
$164.1M securities against $183.8M; $44.0M cash and balances due against $46.6M.
$14.5M total interest income against $13.9M; $3.4M total interest expense against $3.8M.
$11.1M net interest income against $10.2M.
$2.4M total noninterest income against $1.9M; $7.6M total noninterest expense against $7.4M.
$245K provision for credit losses against $200K.
$4.5M net income against $3.4M.
1.75% return on assets against 1.40%; 4.57% net interest margin against 4.33%.
13.08% tier 1 leverage ratio against 13.13%.
Inside the full Clear Mountain Bank, Inc. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeClear Mountain Bank, Inc. rankings
Its closest position to the top of a national ranking is 824 of 3,611, for ROA; its furthest is 2,318 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.03% (Q4 2025) to 1.75% (Q2 2026) and its net interest margin ran from 3.76% (Q3 2024) to 4.57% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.08% | 1.75% | 0.30% | 1.85% | 4.57% |
| Q1 2026 | 13.60% | 1.51% | 0.34% | 2.28% | 4.49% |
| Q4 2025 | 13.15% | 1.03% | 0.34% | 2.32% | 4.49% |
| Q3 2025 | 13.36% | 1.34% | 0.33% | 2.10% | 4.40% |
| Q2 2025 | 13.13% | 1.40% | 0.35% | 2.24% | 4.33% |
| Q1 2025 | 12.87% | 1.35% | 0.41% | 2.64% | 4.03% |
| Q4 2024 | 12.59% | 1.20% | 0.44% | 2.84% | 4.02% |
| Q3 2024 | 12.06% | 1.21% | 0.34% | 2.14% | 3.76% |
Swipe the table sideways to see every column.
Branch Network
View all 12 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Pierpont Centre Branch | Morgantown , WV | 26508 | $162.3M |
| Sabraton Branch | Morgantown , WV | 26505 | $149.5M |
| Kingwood Office | Kingwood , WV | 26537 | $118.7M |
| Clear Mountain Bank | Bruceton Mills , WV | 26525 | $94.9M |
| Oakland Branch | Oakland , MD | 21550 | $81.9M |
| Suncrest Branch | Morgantown , WV | 26505 | $75.6M |
| Reedsville Office | Reedsville , WV | 26547 | $59.4M |
| The Terra Alta Bank Branch | Terra Alta , WV | 26764 | $53.7M |
| White Oaks Branch | Bridgeport , WV | 26330 | $49.5M |
| Rowlesburg Branch | Rowlesburg , WV | 26425 | $18.3M |
| Sutton Branch | Sutton , WV | 26601 | $17.5M |
| White Hall Branch | White Hall , WV | 26554 | $6.3M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 11, 2005 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 11, 2005 | Structure Change | Acquired The Terra Alta Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (Federal Reserve); 1 against individuals associated with it
- February 12, 2018, Federal Reserve: Civil Money Penalty, $14,000: Clear Mountain Bank
- Period: Most recent institution action February 12, 2018. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 1.7% of deposits in WV, rank 11 of 65 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 585 applications, 411 loans originated, $148.2M originated, across 8 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 3 loans, $431K approved, $144K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Clear Mountain Bank, Inc.
What are Clear Mountain Bank, Inc.'s total assets?
As of the Q2 2026 filing, Clear Mountain Bank, Inc. reported total assets of $1.03 billion in its FFIEC call report.
Where is Clear Mountain Bank, Inc. headquartered?
It is headquartered in Bruceton Mills, WV, United States.
When was Clear Mountain Bank, Inc. founded?
It was established in 1931, per the FDIC institution directory.
Is Clear Mountain Bank, Inc. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #2443). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Clear Mountain Bank, Inc.?
Clear Mountain Bank, Inc.'s primary federal regulator is the Federal Reserve.
How many branches does Clear Mountain Bank, Inc. operate?
It operates 12 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Clear Mountain Bank, Inc.'s Texas Ratio?
Its Texas Ratio is 1.85% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Clear Mountain Bank, Inc. previously called?
The charter now named Clear Mountain Bank, Inc. has also operated as Clear Mountain Bank (2005), per FDIC structure-change records.
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