Virginia Commerce Bank
Arlington, VA — Domestic Branch of a Domestic Bank
Acquired Feb 2014
Vitals
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Total Assets2.7B -2.8 %
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Total Deposits2.1B -7.6 %
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Total Net Loans2.0B -6.0 %
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Net Income33.3M -1.8 %
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Book Value302.2M 0.8 %
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Book Value x2604.4M 0.8 %
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Book Value x3906.6M 0.8 %
Balance Sheet Highlights
Financial Highlights | Virginia Commerce Bank | All Insured Commercial Banks in Virginia |
Balance Sheet $(000) | ||
Total Assets | 2,742,790 | 647,738 |
Total Net Loans | 2,028,935 | 433,347 |
Total Deposits | 2,084,946 | 525,020 |
Total Equity | 302,201 | 71,188 |
Profitability | ||
Net Income | 33,279 | 5,559 |
Return on Average Assets | 1.198 | .718 |
Return on Average Equity | 10.875 | 6.917 |
Net Interest Margin | 3.978 | 3.9 |
Efficiency Ratio | 49.077 | 74.134 |
Noninterest Income/Revenue | 6.268 | 16.688 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 97.314 | 80.069 |
Securities/Assets | .168 | .158 |
Total Equity/Total Assets | .11 | .11 |
Tangible Equity/Tangible Assets | .11 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 311,846 | 65,746 |
Tier 2 Capital | 27,119 | 5,543 |
Total Capital | 338,965 | 71,278 |
Total Risk Weighted Assets | 2,157,720 | 470,307 |
Leverage Ratio | 11.55 | 10.377 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 14.45 | 14.681 |
Total Capital Ratio | 15.71 | 15.975 |
Timeline for Virginia Commerce Bank
Virginia Commerce Bancorp, Inc.
Virginia Commerce Bancorp, Inc. became a new parent organization for Virginia Commerce Bank.
View Profile Dec 23 1999Virginia Commerce Bank
Virginia Commerce Bank was established 36 years ago and is currently headquartered in Arlington, VA.
May 16 1988Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
United Bank | Buyer | 8,868,888 | Acquisition | Discontinued | 2/1/2014 |
Relationships | Role | Relationship Start | Relationship End |
Virginia Commerce Bancorp, Inc. | Parent | 12/23/1999 | 1/31/2014 |
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