Virginia Company Bank
Newport News, VA — Domestic Branch of a Domestic Bank
Acquired Nov 2014
Vitals
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Total Assets127.9M -2.7 %
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Total Deposits108.4M 1.6 %
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Total Net Loans100.7M 0.2 %
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Net Income-504000.0000 -106.6 %
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Book Value12.3M -3.9 %
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Book Value x224.6M -3.9 %
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Book Value x336.9M -3.9 %
Balance Sheet Highlights
Financial Highlights | Virginia Company Bank | All Insured Commercial Banks in Virginia |
Balance Sheet $(000) | ||
Total Assets | 127,925 | 664,457 |
Total Net Loans | 100,662 | 446,281 |
Total Deposits | 108,431 | 549,059 |
Total Equity | 12,301 | 73,180 |
Profitability | ||
Net Income | -504 | 4,386 |
Return on Average Assets | -.514 | .777 |
Return on Average Equity | -5.338 | 6.95 |
Net Interest Margin | 3.93 | 3.875 |
Efficiency Ratio | 116.707 | 72.86 |
Noninterest Income/Revenue | 6.641 | 16.97 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 92.835 | 81.565 |
Securities/Assets | .105 | .157 |
Total Equity/Total Assets | .096 | .11 |
Tangible Equity/Tangible Assets | .058 | .102 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 12,595 | 67,140 |
Tier 2 Capital | 1,085 | 5,416 |
Total Capital | 13,680 | 72,562 |
Total Risk Weighted Assets | 119,180 | 482,905 |
Leverage Ratio | 9.75 | 10.61 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.57 | 15.002 |
Total Capital Ratio | 11.48 | 16.264 |
Timeline for Virginia Company Bank
Virginia Company Bank
Virginia Company Bank was established 18 years ago and is currently headquartered in Newport News, VA.
Oct 31 2005Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Evb | Buyer | 1,315,213 | Acquisition | Discontinued | 11/15/2014 |
Relationships | Role | Relationship Start | Relationship End |
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