Vitals
  • Total Assets
    1.5B 3.4 %
  • Total Deposits
    765.5M -8.0 %
  • Total Net Loans
    1.1B 3.3 %
  • Net Income
  • Book Value
    238.1M 0.9 %
  • Book Value x2
    476.2M 0.9 %
  • Book Value x3
    714.4M 0.9 %
ROAA

ROAE

Efficiency Ratio

130.653

Net Interest Margin

2.837

Balance Sheet Highlights
Financial Highlights Resource Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 1,500,298 410,827
Total Net Loans 1,097,530 301,923
Total Deposits 765,530 315,062
Total Equity 238,132 43,343
Profitability
Net Income — 5,678
Return on Average Assets — .988
Return on Average Equity — 9.656
Net Interest Margin 2.837 4.078
Efficiency Ratio 130.653 75.779
Noninterest Income/Revenue 13.231 12.485
Balance Sheet Ratios
Loan-to-Deposit 143.369 90.037
Securities/Assets .101 .626
Total Equity/Total Assets .159 .106
Tangible Equity/Tangible Assets .062 -1.259
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 93,364 39,315
Tier 2 Capital 19,782 3,338
Total Capital 113,146 42,681
Total Risk Weighted Assets 1,053,420 321,622
Leverage Ratio 6.93 10.89
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.86 13.999
Total Capital Ratio 10.74 15.069

Timeline for Resource Bank

Fulton Bank, National Association

Resource Bank was acquired by Fulton Bank, National Association 16 years

View Profile Mar 15 2008

Health Savings Administrators, Llc

Health Savings Administrators, Llc became a new subsidiary organization for Resource Bank.

View Profile Jan 23 2006

Resource Investment, Inc.

Resource Investment, Inc. became a new subsidiary organization for Resource Bank.

View Profile Sep 09 2004

Fulton Financial Corporation

Fulton Financial Corporation became a new parent organization for Resource Bank.

View Profile Apr 01 2004

Bonney Road Llc

Bonney Road Llc became a new subsidiary organization for Resource Bank.

View Profile Mar 30 2004

Want to see more?

Complete timeline for Resource Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Fulton Bank, National Association Buyer 10,556,237 Pooling of Interests Discontinued 3/15/2008
Eastern American Bank, Fsb Seller 92,798 Acquisition Discontinued 12/1/1997
Relationships Role Relationship Start Relationship End
Fulton Financial Corporation Parent 4/1/2004 3/14/2008
Resource Bankshares Corporation Parent 7/1/1998 3/31/2004
Cw And Company Of Virginia Subsidary 6/14/2000 3/14/2008
Resource Service Corporation Subsidary 8/15/2000 3/14/2008
Resource Investment, Inc. Subsidary 9/9/2004 3/14/2008
Bonney Road Llc Subsidary 3/30/2004 3/14/2008
Health Savings Administrators, Llc Subsidary 1/23/2006 3/14/2008
Dominion Investment Group Llc Subsidary 9/10/2003 12/1/2005
Prc Title Llc Subsidary 4/23/2001 10/20/2005
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