Wesbanco Bank Community Development Corporation (Tables) - WBCDC [Member]

12 Months Ended

Dec. 31, 2023

Schedule of Condensed Balance Sheet

(in thousands)	December 31, 2023
Assets
Cash and due from banks	$	75,520
Loans, net of allowance for credit losses of $0.8 million		65,378
Other assets		3,963
Total Assets	$	144,861
Liabilities	$	20
Shareholder Equity		144,841
Total Liabilities and Shareholder Equity	$	144,861

Schedule of Condensed Income Statement

(in thousands)	For the Year Ended December 31, 2023
Interest income
Loans	$	1,724
Total interest income		1,724
Provision for credit losses		53
Net interest income after provision for credit losses		1,671
Gain on investments		77
Non-interest expense		117
Income before provision for income taxes		1,631
Provision for income taxes		360
Net income	$	1,271

Schedule of Condensed Cash Flow Statement

(in thousands)	For the Year Ended December 31, 2023
Operating Activities
Net income	$	1,271
Provision for credit losses		53
Gain on investments		(77	)
Net change in other assets		(444	)
Net change in other liabilities		(1,097	)
Net cash used in operating activities		(294	)
Investing Activities
Increase in loans		(4,217	)
Proceeds from sale of investments		52
Net cash used in investing activities		(4,165	)
Financing Activities
Qualified equity investment by parent company		-
Net cash provided by financing activities		-
Net increase in cash and cash equivalents		(4,459	)
Cash and cash equivalents at beginning of year		79,979
Cash and cash equivalents at end of year	$	75,520