Vitals
  • Total Assets
    396.3M 2.6 %
  • Total Deposits
    369.4M 2.4 %
  • Total Net Loans
    240.6M 11.3 %
  • Net Income
    1.7M 14.2 %
  • Book Value
    24.6M 3.8 %
  • Book Value x2
    49.3M 3.8 %
  • Book Value x3
    73.9M 3.8 %
ROAA

.585

ROAE

9.367

Efficiency Ratio

69.516

Net Interest Margin

2.907

Balance Sheet Highlights
Financial Highlights Patrick Henry National Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 396,279 364,717
Total Net Loans 240,552 263,512
Total Deposits 369,385 292,857
Total Equity 24,629 37,688
Profitability
Net Income 1,704 14,801
Return on Average Assets .585 1.119
Return on Average Equity 9.367 11.312
Net Interest Margin 2.907 4.223
Efficiency Ratio 69.516 66.252
Noninterest Income/Revenue 5.288 13.317
Balance Sheet Ratios
Loan-to-Deposit 65.122 85.949
Securities/Assets .22 .599
Total Equity/Total Assets .062 .103
Tangible Equity/Tangible Assets .062 -.198
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 24,629 34,382
Tier 2 Capital 2,578 3,131
Total Capital 27,207 37,707
Total Risk Weighted Assets 239,118 277,728
Leverage Ratio 6.3 10.506
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.3 14.084
Total Capital Ratio 11.38 15.254

Timeline for Patrick Henry National Bank

Carter Bank & Trust

Patrick Henry National Bank was acquired by Carter Bank & Trust 17 years

View Profile Dec 30 2006

Mountain National Bank

Patrick Henry National Bank was acquired by Mountain National Bank 27 years

View Profile Jul 01 1996

Shenandoah National Bank

Patrick Henry National Bank was acquired by Shenandoah National Bank 27 years

View Profile Jul 01 1996

Galax Savings And Loan Association

Acquisition: Patrick Henry National Bank acquired a new subsidiary, Galax Savings And Loan Association, 40 years

View Profile Apr 23 1984

Patrick Henry National Bank

Patrick Henry National Bank was established 47 years ago and is currently headquartered in Bassett, VA.

Oct 29 1976
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Carter Bank & Trust Buyer 4,743,943 Acquisition Discontinued 12/30/2006
Mountain National Bank Buyer 240,479 Split 7/1/1996
Shenandoah National Bank Buyer 116,897 Split 7/1/1996
Galax Savings And Loan Association Seller 27,328 Discontinued 4/23/1984
Relationships Role Relationship Start Relationship End
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