The Marathon Bank
Stephens City, VA — Domestic Branch of a Domestic Bank
Acquired Jul 2007
Vitals
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Total Assets440.2M -0.1 %
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Total Deposits354.9M -2.4 %
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Total Net Loans367.6M 6.7 %
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Net Income2.8M -8.3 %
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Book Value44.5M 12.9 %
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Book Value x289.1M 12.9 %
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Book Value x3133.6M 12.9 %
Balance Sheet Highlights
Financial Highlights | The Marathon Bank | All Insured Commercial Banks in Virginia |
Balance Sheet $(000) | ||
Total Assets | 440,243 | 389,996 |
Total Net Loans | 367,634 | 288,577 |
Total Deposits | 354,895 | 307,524 |
Total Equity | 44,532 | 40,816 |
Profitability | ||
Net Income | 2,814 | 2,825 |
Return on Average Assets | 1.281 | 1.01 |
Return on Average Equity | 13.017 | 9.89 |
Net Interest Margin | 4.371 | 4.088 |
Efficiency Ratio | 59.356 | 71.152 |
Noninterest Income/Revenue | 9.938 | 11.289 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 103.59 | 88.53 |
Securities/Assets | .04 | .26 |
Total Equity/Total Assets | .101 | .105 |
Tangible Equity/Tangible Assets | .101 | .017 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 44,756 | 37,713 |
Tier 2 Capital | 3,648 | 3,320 |
Total Capital | 48,404 | 41,137 |
Total Risk Weighted Assets | 378,449 | 305,931 |
Leverage Ratio | 10.18 | 10.665 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.83 | 13.865 |
Total Capital Ratio | 12.79 | 14.981 |
Timeline for The Marathon Bank
Intrust Title & Escrow, Llc.
Intrust Title & Escrow, Llc. became a new subsidiary organization for The Marathon Bank.
View Profile Aug 11 2005Shenandoah Valley Title Co., Llc
Shenandoah Valley Title Co., Llc became a new subsidiary organization for The Marathon Bank.
View Profile Apr 20 1998Premier Community Bankshares, Inc.
Premier Community Bankshares, Inc. became a new parent organization for The Marathon Bank.
View Profile Oct 01 1990The Marathon Bank
The Marathon Bank was established 35 years ago and is currently headquartered in Stephens City, VA.
Dec 15 1988Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
United Bank | Buyer | 8,868,888 | Acquisition | Discontinued | 7/14/2007 |
Relationships | Role | Relationship Start | Relationship End |
Premier Community Bankshares, Inc. | Parent | 10/1/1990 | 7/13/2007 |
Intrust Title & Escrow, Llc. | Subsidary | 8/11/2005 | 7/13/2007 |
Shenandoah Valley Title Co., Llc | Subsidary | 4/20/1998 | 5/16/2005 |
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