Bank Of Virginia
Midlothian, VA — Domestic Branch of a Domestic Bank
Acquired Sep 2016
Vitals
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Total Assets353.7M 3.1 %
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Total Deposits296.8M 3.7 %
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Total Net Loans250.5M 11.4 %
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Net Income-1202000.0000 -227.5 %
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Book Value26.2M -0.7 %
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Book Value x252.5M -0.7 %
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Book Value x378.7M -0.7 %
Balance Sheet Highlights
Financial Highlights | Bank Of Virginia | All Insured Commercial Banks in Virginia |
Balance Sheet $(000) | ||
Total Assets | 353,731 | 802,116 |
Total Net Loans | 250,538 | 560,430 |
Total Deposits | 296,761 | 654,874 |
Total Equity | 26,245 | 91,533 |
Profitability | ||
Net Income | -1,202 | 3,327 |
Return on Average Assets | -.683 | .75 |
Return on Average Equity | -9.123 | 6.553 |
Net Interest Margin | 2.837 | 3.813 |
Efficiency Ratio | 125.477 | 71.937 |
Noninterest Income/Revenue | -10.852 | 16.388 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 84.424 | 84.388 |
Securities/Assets | .223 | .145 |
Total Equity/Total Assets | .074 | .114 |
Tangible Equity/Tangible Assets | .074 | .104 |
Capital Adequacy | ||
Tier 1 Common Capital | 26,253 | 81,119 |
Tier 1 Capital | 26,253 | 81,119 |
Tier 2 Capital | 915 | 5,864 |
Total Capital | 27,168 | 87,112 |
Total Risk Weighted Assets | 224,444 | 606,209 |
Leverage Ratio | 7.44 | 10.779 |
Common Equity Tier 1 Capital Ratio | 11.7 | 14.719 |
Tier 1 Capital Ratio | 11.7 | 14.743 |
Total Capital Ratio | 12.1 | 15.944 |
Timeline for Bank Of Virginia
First-Citizens Bank & Trust Company
Bank Of Virginia was acquired by First-Citizens Bank & Trust Company 7 years
View Profile Sep 01 2016Cordia Bancorp, Inc.
Cordia Bancorp, Inc. became a new parent organization for Bank Of Virginia.
View Profile Dec 10 2010Bank Of Virginia
Bank Of Virginia was established 20 years ago and is currently headquartered in Midlothian, VA.
Jan 12 2004Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First-Citizens Bank & Trust Company | Buyer | 32,795,513 | Acquisition | Discontinued | 9/1/2016 |
Relationships | Role | Relationship Start | Relationship End |
Cordia Bancorp, Inc. | Parent | 3/29/2013 | 8/31/2016 |
Cordia Bancorp, Inc. | Parent | 12/10/2010 | 3/28/2013 |
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