Annual | Annual | ||||||
2015 | 2014 | ||||||
Net | Net | Increase | Increase | ||||
Most | Income | Income | (Decrease) | (Decrease) | |||
City | State | Recent | (Loss) | (Loss) | Amount | % | |
All West Virginia Publicly-Held Companies | HQs | HQs | FYE | $ mils | $ mils | $ mils | |
Banking Companies | |||||||
United Bankshares Inc | Charleston | WV | Dec 15 | 138.0 | 130.0 | 8.0 | |
WesBanco Inc | Wheeling | WV | Dec 15 | 80.8 | 70.0 | 10.8 | |
City Holding Company | Charleston | WV | Dec 15 | 54.1 | 53.0 | 1.1 | |
Summit Financial Group | Moorefield | WV | Dec 15 | 16.1 | 11.4 | 4.7 | |
Premier Financial Bancorp | Huntington | WV | Dec 15 | 12.4 | 13.2 | (0.8) | |
MVB Financial Corp | Fairmont | WV | Dec 15 | 6.8 | 2.1 | 4.7 | |
Total all 6 Banks | 308.2 | 279.7 | 28.5 | 10% | |||
Non-Banking Companies | |||||||
American Public Education Inc | Charles Town | WV | Dec 15 | 32.4 | 40.9 | (8.5) | |
Energy Services of America Corp | Huntington | WV | Sep 15 | 2.1 | 3.7 | (1.6) | |
Champion Industries Inc | Huntington | WV | Oct 15 | (1.2) | (1.1) | (0.1) | |
ProtoKinetix | ST. Marys | WV | Dec 15 | (1.3) | (0.2) | (1.1) | |
Protea Biosciences Group | Morgantown | WV | Dec 15 | (9.6) | (11.5) | 1.9 | |
Trans Energy Inc | ST. Marys | WV | Dec 15 | (69.0) | (12.5) | (56.5) | |
Total all 6 Non-Banks | (46.6) | 19.3 | (65.9) | -341% | |||
Total all 12 Companies | 261.6 | 299.0 | (37.4) | -13% |
Trans Energy hasn't filed its December 2015 financial statements with the SEC yet. The Company did file with the SEC on March 31, 2016 that it expected its 2015 Operating Loss to be $18 mil to $20 mil and also that it would record a $50 mil Impairment Charge related to its Oil and Gas Properties.
Also from a review of US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and for each of earlier Years of 2009-2014 for each of the 6 Publicly-Held Banks HQed in West Virginia:
Annual | Annual | Annual | Annual | Annual | Annual | Annual | ||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | ||||
Net | Net | Net | Net | Net | Net | Net | ||||
Most | Income | Income | Income | Income | Income | Income | Income | |||
City | State | Recent | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | |
All West Virginia Publicly-Held Financial Companies | HQs | HQs | FYE | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils |
Banking Companies | ||||||||||
City Holding Company | Charleston | WV | Dec 15 | 54.1 | 53.0 | 48.2 | 38.9 | 40.7 | 39.0 | 42.6 |
MVB Financial Corp | Fairmont | WV | Dec 15 | 6.8 | 2.1 | 4.0 | 4.2 | 2.7 | 2.2 | 1.4 |
Premier Financial Bancorp | Huntington | WV | Dec 15 | 12.4 | 13.2 | 13.2 | 10.3 | 7.2 | 9.2 | 9.1 |
Summit Financial Group | Moorefield | WV | Dec 15 | 16.1 | 11.4 | 8.1 | 5.7 | 4.1 | (2.0) | (0.7) |
United Bankshares Inc | Charleston | WV | Dec 15 | 138.0 | 130.0 | 85.6 | 82.6 | 75.6 | 71.9 | 67.3 |
WesBanco Inc | Wheeling | WV | Dec 15 | 80.8 | 70.0 | 63.9 | 49.5 | 43.8 | 35.6 | 23.9 |
Total all 6 Banks | 308.2 | 279.7 | 223.0 | 191.2 | 174.1 | 155.9 | 143.6 | |||
2015 Total Earning % Increase Over: | ||||||||||
………. 2014 | 10% | |||||||||
………. 2013 | 38% | |||||||||
………. 2012 | 61% | |||||||||
………. 2011 | 77% | |||||||||
………. 2010 | 98% | |||||||||
………. 2009 | 115% |