Potomac Bank Of Virginia
Fairfax, VA — Domestic Branch of a Domestic Bank
Acquired Feb 2007
Vitals
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Total Assets263.8M 15.3 %
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Total Deposits210.0M 16.6 %
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Total Net Loans201.7M 24.1 %
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Net Income1.9M 36.1 %
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Book Value26.1M 9.4 %
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Book Value x252.1M 9.4 %
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Book Value x378.2M 9.4 %
Balance Sheet Highlights
| Financial Highlights | Potomac Bank Of Virginia | All Insured Commercial Banks in Virginia |
| Balance Sheet $(000) | ||
| Total Assets | 263,803 | 384,088 |
| Total Net Loans | 201,680 | 279,502 |
| Total Deposits | 210,036 | 306,035 |
| Total Equity | 26,067 | 39,812 |
| Profitability | ||
| Net Income | 1,881 | 18,282 |
| Return on Average Assets | .774 | 1.145 |
| Return on Average Equity | 7.558 | 11.446 |
| Net Interest Margin | 4.183 | 4.291 |
| Efficiency Ratio | 69.282 | 70.382 |
| Noninterest Income/Revenue | 3.803 | 14.142 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 96.022 | 87.369 |
| Securities/Assets | .14 | .42 |
| Total Equity/Total Assets | .099 | .104 |
| Tangible Equity/Tangible Assets | .099 | .014 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 26,320 | 36,118 |
| Tier 2 Capital | 1,982 | 3,225 |
| Total Capital | 28,302 | 39,551 |
| Total Risk Weighted Assets | 221,433 | 294,112 |
| Leverage Ratio | 10.26 | 10.764 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 11.89 | 14.152 |
| Total Capital Ratio | 12.78 | 15.296 |
Timeline for Potomac Bank Of Virginia
Sandy Spring Bank
Potomac Bank Of Virginia was acquired by Sandy Spring Bank 17 years
View Profile Feb 16 2007
Potomac Bank Of Virginia
Potomac Bank Of Virginia was established 25 years ago and is currently headquartered in Fairfax, VA.
Aug 10 1998| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Sandy Spring Bank | Buyer | 4,799,033 | Acquisition | Discontinued | 2/16/2007 |
| Relationships | Role | Relationship Start | Relationship End |
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