Vitals
  • Total Assets
    333.5M 1.6 %
  • Total Deposits
    301.4M 1.6 %
  • Total Net Loans
    243.2M 10.9 %
  • Net Income
    967000.0000 -1.4 %
  • Book Value
    30.5M 2.7 %
  • Book Value x2
    61.0M 2.7 %
  • Book Value x3
    91.5M 2.7 %
ROAA

.297

ROAE

3.208

Efficiency Ratio

83.02

Net Interest Margin

3.724

Balance Sheet Highlights
Financial Highlights The Business Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 333,547 647,738
Total Net Loans 243,240 433,347
Total Deposits 301,423 525,020
Total Equity 30,516 71,188
Profitability
Net Income 967 5,559
Return on Average Assets .297 .718
Return on Average Equity 3.208 6.917
Net Interest Margin 3.724 3.9
Efficiency Ratio 83.02 74.134
Noninterest Income/Revenue 6.736 16.688
Balance Sheet Ratios
Loan-to-Deposit 80.697 80.069
Securities/Assets .052 .158
Total Equity/Total Assets .091 .11
Tangible Equity/Tangible Assets .091 .101
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 30,512 65,746
Tier 2 Capital 2,972 5,543
Total Capital 33,484 71,278
Total Risk Weighted Assets 252,243 470,307
Leverage Ratio 9.25 10.377
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.1 14.681
Total Capital Ratio 13.27 15.975

Timeline for The Business Bank

Cardinal Bank

The Business Bank was acquired by Cardinal Bank 10 years

View Profile Mar 08 2014

Cardinal Financial Corporation

Cardinal Financial Corporation became a new parent organization for The Business Bank.

View Profile Jan 16 2014

Cardinal Bank Insurance Agency, Inc.

Cardinal Bank Insurance Agency, Inc. became a new subsidiary organization for The Business Bank.

View Profile Sep 09 1999

Bank Operations Center, Inc.

Bank Operations Center, Inc. became a new subsidiary organization for The Business Bank.

View Profile May 15 1991

Bank Operations Center Limited Partnership

Bank Operations Center Limited Partnership became a new subsidiary organization for The Business Bank.

View Profile Oct 05 1987

Want to see more?

Complete timeline for The Business Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Cardinal Bank Buyer 4,182,905 Pooling of Interests Discontinued 3/8/2014
Relationships Role Relationship Start Relationship End
Cardinal Financial Corporation Parent 1/16/2014 3/7/2014
United Financial Banking Companies, Inc. Parent 7/1/1983 1/15/2014
Cardinal Bank Insurance Agency, Inc. Subsidary 6/30/2007 3/7/2014
Cardinal Bank Insurance Agency, Inc. Subsidary 9/9/1999 6/29/2007
Ufbc, Inc. Subsidary 4/1/1984 12/31/1998
Bank Operations Center, Inc. Subsidary 1/1/1992 1/31/1995
Potomac Mortgage Bankers Corporation Subsidary 10/1/1990 4/1/1993
Bank Operations Center, Inc. Subsidary 5/15/1991 12/31/1991
Green Hill Mobile Home Estates Subsidary 6/2/1986 5/15/1991
Bank Operations Center Limited Partnership Subsidary 10/5/1987 5/15/1991
Potomac Mortgage Bankers Corporation Subsidary 1/5/1984 3/30/1987
First Government Investors Corporation Subsidary 10/27/1986 3/30/1987
Gerard F. Holcomb & Company, Inc. Subsidary 10/18/1985 3/30/1987
Green Hill Mortgage Corporation, The Subsidary 7/1/1984 6/1/1986
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