Community Bank Of Northern Virginia
Sterling, VA — Domestic Branch of a Domestic Bank
Acquired May 2005
Vitals
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Total Assets888.5M 7.5 %
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Total Deposits650.7M 0.8 %
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Total Net Loans666.6M 16.8 %
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Net Income1.3M -46.7 %
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Book Value59.8M 2.9 %
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Book Value x2119.6M 2.9 %
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Book Value x3179.4M 2.9 %
Balance Sheet Highlights
| Financial Highlights | Community Bank Of Northern Virginia | All Insured Commercial Banks in Virginia |
| Balance Sheet $(000) | ||
| Total Assets | 888,487 | 312,414 |
| Total Net Loans | 666,556 | 219,221 |
| Total Deposits | 650,683 | 256,669 |
| Total Equity | 59,808 | 29,748 |
| Profitability | ||
| Net Income | 1,299 | 2,975 |
| Return on Average Assets | .59 | 1.126 |
| Return on Average Equity | 8.648 | 11.754 |
| Net Interest Margin | 3.73 | 4.182 |
| Efficiency Ratio | 65.066 | 65.369 |
| Noninterest Income/Revenue | 4.392 | 14.65 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 102.439 | 82.578 |
| Securities/Assets | .193 | .771 |
| Total Equity/Total Assets | .067 | .095 |
| Tangible Equity/Tangible Assets | .067 | -.27 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 60,879 | 27,042 |
| Tier 2 Capital | 17,050 | 2,723 |
| Total Capital | 77,929 | 29,960 |
| Total Risk Weighted Assets | 729,223 | 229,399 |
| Leverage Ratio | 6.92 | 9.483 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 8.35 | 12.892 |
| Total Capital Ratio | 10.69 | 14.123 |
Timeline for Community Bank Of Northern Virginia
Mercantile-Safe Deposit And Trust Company
Community Bank Of Northern Virginia was acquired by Mercantile-Safe Deposit And Trust Company 20 years
View Profile May 19 2005Community Bank & Trust Company Of Virginia
Acquisition: Community Bank Of Northern Virginia acquired a new subsidiary, Community Bank & Trust Company Of Virginia, 33 years
View Profile Feb 22 1992Community Bank Of Northern Virginia
Community Bank Of Northern Virginia was established 33 years ago and is currently headquartered in Sterling, VA.
Feb 21 1992| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Mercantile-Safe Deposit And Trust Company | Buyer | 8,557,486 | Acquisition | Discontinued | 5/19/2005 |
| Community Bank & Trust Company Of Virginia | Seller | 30,115 | Discontinued | 2/22/1992 |
| Relationships | Role | Relationship Start | Relationship End |
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