Vitals
  • Total Assets
    439.1M 18.5 %
  • Total Deposits
    399.8M 20.3 %
  • Total Net Loans
    338.4M 11.6 %
  • Net Income
    3.1M 8.7 %
  • Book Value
    36.4M 4.1 %
  • Book Value x2
    72.8M 4.1 %
  • Book Value x3
    109.2M 4.1 %
ROAA

.79

ROAE

8.687

Efficiency Ratio

73.123

Net Interest Margin

3.695

Balance Sheet Highlights
Financial Highlights First National Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 439,067 858,303
Total Net Loans 338,424 607,607
Total Deposits 399,761 699,932
Total Equity 36,386 97,657
Profitability
Net Income 3,114 7,896
Return on Average Assets .79 .794
Return on Average Equity 8.687 6.983
Net Interest Margin 3.695 3.805
Efficiency Ratio 73.123 71.157
Noninterest Income/Revenue 19.668 16.327
Balance Sheet Ratios
Loan-to-Deposit 84.657 84.705
Securities/Assets .063 .136
Total Equity/Total Assets .083 .114
Tangible Equity/Tangible Assets .082 .103
Capital Adequacy
Tier 1 Common Capital 37,718 87,521
Tier 1 Capital 37,718 87,589
Tier 2 Capital 2,972 6,159
Total Capital 40,690 93,977
Total Risk Weighted Assets 348,617 657,024
Leverage Ratio 8.94 10.765
Common Equity Tier 1 Capital Ratio 10.82 14.768
Tier 1 Capital Ratio 10.82 14.769
Total Capital Ratio 11.67 15.893

Timeline for First National Bank

Pinnacle Bankshares Corporation

Pinnacle Bankshares Corporation became a new parent organization for First National Bank.

View Profile May 01 1997

Coreast Federal Savings Bank

Acquisition: First National Bank acquired a new subsidiary, Coreast Federal Savings Bank, 32 years

View Profile Mar 07 1992

First National Bank

First National Bank was established 116 years ago and is currently headquartered in Altavista, VA.

Mar 01 1908
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Coreast Federal Savings Bank Seller 537,977 Failure 3/7/1992
Relationships Role Relationship Start Relationship End
Pinnacle Bankshares Corporation Parent 5/1/1997
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