Vitals
  • Total Assets
    148.4M 18.2 %
  • Total Deposits
    104.3M 28.9 %
  • Total Net Loans
    117.3M 13.1 %
  • Net Income
    612000.0000 29.7 %
  • Book Value
    11.7M 17.1 %
  • Book Value x2
    23.3M 17.1 %
  • Book Value x3
    35.0M 17.1 %
ROAA

.602

ROAE

7.461

Efficiency Ratio

70.271

Net Interest Margin

3.743

Balance Sheet Highlights
Financial Highlights Bay Community Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 148,410 423,343
Total Net Loans 117,331 336,671
Total Deposits 104,277 329,819
Total Equity 11,667 42,247
Profitability
Net Income 612 3,897
Return on Average Assets .602 .797
Return on Average Equity 7.461 7.955
Net Interest Margin 3.743 3.826
Efficiency Ratio 70.271 79.793
Noninterest Income/Revenue 4.768 14.331
Balance Sheet Ratios
Loan-to-Deposit 112.519 93.618
Securities/Assets .078 .808
Total Equity/Total Assets .079 .1
Tangible Equity/Tangible Assets .079 -1.249
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 11,680 39,984
Tier 2 Capital 1,169 4,295
Total Capital 12,849 43,581
Total Risk Weighted Assets 118,479 331,540
Leverage Ratio 8.33 10.539
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.86 13.485
Total Capital Ratio 10.84 14.576

Timeline for Bay Community Bank

Union Bank & Trust

Bay Community Bank was acquired by Union Bank & Trust 15 years

View Profile Nov 01 2008

Union Insurance Group Llc

Union Insurance Group Llc became a new subsidiary organization for Bay Community Bank.

View Profile Sep 01 2003

Johnson Mortgage Company, Llc

Johnson Mortgage Company, Llc became a new subsidiary organization for Bay Community Bank.

View Profile Nov 01 2002

Union Bankshares Corporation

Union Bankshares Corporation became a new parent organization for Bay Community Bank.

View Profile Feb 22 1999

Bay Community Bank

Bay Community Bank was established 25 years ago and is currently headquartered in Newport News, VA.

Feb 11 1999
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Union Bank & Trust Buyer 8,242,173 Acquisition Discontinued 11/1/2008
Relationships Role Relationship Start Relationship End
Union Bankshares Corporation Parent 2/22/1999 10/31/2008
Johnson Mortgage Company, Llc Subsidary 11/1/2002 10/31/2008
Union Insurance Group Llc Subsidary 9/1/2003 10/31/2008
Similar Organizations
Organization City State Total Assets
Hendricks County Bank And Trust Company
 		Brownsburg IN 148.3M
Lee County Bank
 		Fort Madison IA 149.2M
Castle Rock Bank
 		Castle Rock CO 147.9M
First Bank Hampton
 		Hampton IA 147.0M
First State Bank Of Porter
 		Porter IN 144.1M
Friendly Hills Bank
 		Whittier CA 142.6M
The First State Bank & Trust Co. Of Larned
 		Larned KS 141.5M
High Plains Bank
 		Flagler CO 141.1M
Mid America Bank & Trust Company
 		Dixon MO 153.4M
Legacy Bank & Trust Company
 		Rogersville MO 153.7M