Vitals
  • Total Assets
    240.5M 3.7 %
  • Total Deposits
    223.7M 3.7 %
  • Total Net Loans
    137.0M 13.0 %
  • Net Income
    1.2M 12.1 %
  • Book Value
    16.2M 3.7 %
  • Book Value x2
    32.4M 3.7 %
  • Book Value x3
    48.6M 3.7 %
ROAA

.698

ROAE

10.176

Efficiency Ratio

61.052

Net Interest Margin

2.633

Balance Sheet Highlights
Financial Highlights Mountain National Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 240,479 364,717
Total Net Loans 137,044 263,512
Total Deposits 223,700 292,857
Total Equity 16,209 37,688
Profitability
Net Income 1,217 14,801
Return on Average Assets .698 1.119
Return on Average Equity 10.176 11.312
Net Interest Margin 2.633 4.223
Efficiency Ratio 61.052 66.252
Noninterest Income/Revenue 4.786 13.317
Balance Sheet Ratios
Loan-to-Deposit 61.262 85.949
Securities/Assets .232 .599
Total Equity/Total Assets .067 .103
Tangible Equity/Tangible Assets .067 -.198
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 16,209 34,382
Tier 2 Capital 1,716 3,131
Total Capital 17,925 37,707
Total Risk Weighted Assets 138,241 277,728
Leverage Ratio 6.9 10.506
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.73 14.084
Total Capital Ratio 12.97 15.254

Timeline for Mountain National Bank

Carter Bank & Trust

Mountain National Bank was acquired by Carter Bank & Trust 17 years

View Profile Dec 30 2006

Mountain National Bank

Mountain National Bank was established 27 years ago and is currently headquartered in Galax, VA.

Jul 01 1996

Patrick Henry National Bank

Acquisition: Mountain National Bank acquired a new subsidiary, Patrick Henry National Bank, 27 years

View Profile Jul 01 1996
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Carter Bank & Trust Buyer 4,743,943 Acquisition Discontinued 12/30/2006
Patrick Henry National Bank Seller 396,279 Split 7/1/1996
Relationships Role Relationship Start Relationship End
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