Vitals
  • Total Assets
    1.5B
  • Total Deposits
    1.0B
  • Total Net Loans
    687.5M
  • Net Income
    2.4M
  • Book Value
    379.9M
  • Book Value x2
    759.8M
  • Book Value x3
    1.1B
ROAA

.642

ROAE

5.814

Efficiency Ratio

81.759

Net Interest Margin

3.8

Balance Sheet Highlights
Financial Highlights First Virginia Bank-Southwest All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 1,483,970 314,121
Total Net Loans 687,514 194,956
Total Deposits 1,034,843 259,457
Total Equity 379,884 33,080
Profitability
Net Income 2,434 5,088
Return on Average Assets .642 1.136
Return on Average Equity 5.814 12.331
Net Interest Margin 3.8 4.087
Efficiency Ratio 81.759 64.352
Noninterest Income/Revenue 18.485 16.852
Balance Sheet Ratios
Loan-to-Deposit 66.437 75.845
Securities/Assets .091 .556
Total Equity/Total Assets .256 .105
Tangible Equity/Tangible Assets .07 -.159
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 104,485 25,831
Tier 2 Capital 7,716 2,844
Total Capital 112,201 28,952
Total Risk Weighted Assets 664,760 210,399
Leverage Ratio 7.66 9.02
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 15.72 12.887
Total Capital Ratio 16.88 14.29

Timeline for First Virginia Bank-Southwest

Branch Banking And Trust Company Of Virginia

First Virginia Bank-Southwest was acquired by Branch Banking And Trust Company Of Virginia 20 years

View Profile Oct 11 2003

Bb&T Corporation

Bb&T Corporation became a new parent organization for First Virginia Bank-Southwest.

View Profile Jul 02 2003

First Virginia Bank - Piedmont

Acquisition: First Virginia Bank-Southwest acquired a new subsidiary, First Virginia Bank - Piedmont, 25 years

View Profile Mar 06 1999

First Virginia Bank - Clinch Valley

Acquisition: First Virginia Bank-Southwest acquired a new subsidiary, First Virginia Bank - Clinch Valley, 25 years

View Profile Mar 06 1999

First Virginia Bank - Franklin County

Acquisition: First Virginia Bank-Southwest acquired a new subsidiary, First Virginia Bank - Franklin County, 25 years

View Profile Mar 06 1999

Want to see more?

Complete timeline for First Virginia Bank-Southwest is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Branch Banking And Trust Company Of Virginia Buyer 24,758,835 Acquisition Discontinued 10/11/2003
First Virginia Bank - Piedmont Seller 222,497 Pooling of Interests Discontinued 3/6/1999
First Virginia Bank - Clinch Valley Seller 266,106 Pooling of Interests Discontinued 3/6/1999
First Virginia Bank - Franklin County Seller 139,190 Pooling of Interests Discontinued 3/6/1999
Premier Bank-South, National Association Seller 235,515 Pooling of Interests Discontinued 9/22/1997
First Virginia Bank - Highlands Seller 128,909 Pooling of Interests Discontinued 6/23/1997
Coreast Federal Savings Bank Seller 537,977 Failure 3/7/1992
First Virginia Properties Inc Seller Discontinued 2/3/1990
First Virginia Bank Of The Southwest Seller 75,598 Discontinued 1/12/1985
First Virginia Bank - West Seller 53,694 Discontinued 6/1/1981
The Farmers National Bank Of Salem Seller 44,173 Discontinued 11/1/1975
Relationships Role Relationship Start Relationship End
Bb&T Corporation Parent 7/2/2003 10/10/2003
First Virginia Banks, Inc. Parent 12/4/1972 7/1/2003
Danville Community Development Corporation Subsidary 3/6/1999 8/31/2001
First Virginia Properties Inc Subsidary 10/1/1986 2/2/1990
Similar Organizations
Organization City State Total Assets
Weststar Bank
 		El Paso TX 1.5B
Southern Bank
 		Poplar Bluff MO 1.5B
Equity Bank
 		Andover KS 1.6B
First Premier Bank
 		Sioux Falls SD 1.5B
Cornerstone Bank
 		York NE 1.5B
Orrstown Bank
 		Shippensburg PA 1.4B
Marquette Bank
 		Chicago IL 1.5B
First Farmers Bank And Trust Company
 		Converse IN 1.5B
Whitaker Bank
 		Lexington KY 1.3B
Wheaton Bank & Trust
 		Wheaton IL 1.3B