Monarch Bank
Chesapeake, VA — State Member Bank
Acquired Jun 2016
Assets
Liabilities
Liabilities | Monarch Bank | All Insured Commercial Banks in Virginia |
Total Liabilities | 1,212,196,000 | 707,040,382 |
Deposits | 1,082,158,000 | 619,511,697 |
Demand Deposits | 368,482 | 78,687 |
All NOW & ATS Accounts | — | 35,345 |
Money Market Deposit Accounts | 362,576 | 148,173 |
Other Nontransaction Savings | 18,410 | 124,626 |
Time Deposits At Or Below Insurance Limit | 288,791 | 159,991 |
Fully Insured Brokered Deposits | 207,802 | 23,158 |
Less: Fully Insured Brokered Deposits | (207,802) | (23,158) |
Time Deposits Above Insurance Limit | 26,006 | 36,713 |
Total Deposits in Foreign Offices | — | 0 |
Federal Home Loan Bank Borrowings Maturing Under One Year | — | 9,701 |
Federal Funds Purchased & Resales | — | 7,716 |
Federal Home Loan Bank Borrowing Maturing Over One Year | — | 13,180 |
Other Borrowings Maturing Under One Year | — | 0 |
Other Borrowing Maturing Over One Year | — | 65 |
Acceptances & Other Liabilities | 17,893 | 5,315 |
Capital | 130,038,000 | 87,528,684 |
Subordinated Notes and Debentures | — | 0 |
Total Equity | 130,038 | 87,529 |