Vitals
  • Total Assets
    1.2B 5.9 %
  • Total Deposits
    1.0B 9.5 %
  • Total Net Loans
    878.6M 9.9 %
  • Net Income
    10.4M 625.9 %
  • Book Value
    117.4M 6.6 %
  • Book Value x2
    234.8M 6.6 %
  • Book Value x3
    352.2M 6.6 %
ROAA

.871

ROAE

8.956

Efficiency Ratio

68.294

Net Interest Margin

3.851

Balance Sheet Highlights
Financial Highlights Essex Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 1,249,631 858,303
Total Net Loans 878,570 607,607
Total Deposits 1,039,775 699,932
Total Equity 117,389 97,657
Profitability
Net Income 10,387 7,896
Return on Average Assets .871 .794
Return on Average Equity 8.956 6.983
Net Interest Margin 3.851 3.805
Efficiency Ratio 68.294 71.157
Noninterest Income/Revenue 8.62 16.327
Balance Sheet Ratios
Loan-to-Deposit 84.496 84.705
Securities/Assets .21 .136
Total Equity/Total Assets .094 .114
Tangible Equity/Tangible Assets .093 .103
Capital Adequacy
Tier 1 Common Capital 118,256 87,521
Tier 1 Capital 118,256 87,589
Tier 2 Capital 9,350 6,159
Total Capital 127,606 93,977
Total Risk Weighted Assets 979,430 657,024
Leverage Ratio 9.5 10.765
Common Equity Tier 1 Capital Ratio 12.07 14.768
Tier 1 Capital Ratio 12.07 14.769
Total Capital Ratio 13.03 15.893

Timeline for Essex Bank

Suburban Federal Savings Bank

Acquisition: Essex Bank acquired a new subsidiary, Suburban Federal Savings Bank, 15 years

View Profile Jan 31 2009

The Community Bank

Acquisition: Essex Bank acquired a new subsidiary, The Community Bank, 15 years

View Profile Nov 22 2008

Transcommunity Bank, National Association

Acquisition: Essex Bank acquired a new subsidiary, Transcommunity Bank, National Association, 15 years

View Profile Aug 01 2008

Community Bankers Trust Corporation

Community Bankers Trust Corporation became a new parent organization for Essex Bank.

View Profile Jun 01 2008

Boe Financial Services Of Virginia, Inc.

Boe Financial Services Of Virginia, Inc. became a new parent organization for Essex Bank.

View Profile Jul 03 2000

Want to see more?

Complete timeline for Essex Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Suburban Federal Savings Bank Seller 347,408 Failure 1/31/2009
The Community Bank Seller 634,901 Failure 11/22/2008
Transcommunity Bank, National Association Seller 305,517 Acquisition Discontinued 8/1/2008
Relationships Role Relationship Start Relationship End
Community Bankers Trust Corporation Parent 6/1/2008
Boe Financial Services Of Virginia, Inc. Parent 7/3/2000 5/31/2008
Essex Services, Inc. Subsidary 6/30/2007
Essex Services, Inc. Subsidary 7/3/2000 6/29/2007
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