Virginia Heritage Bank
Fairfax, VA — Domestic Branch of a Domestic Bank
Acquired Nov 2014
Vitals
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Total Assets951.7M 13.9 %
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Total Deposits742.8M 4.5 %
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Total Net Loans795.6M 22.2 %
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Net Income6.8M 4.1 %
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Book Value106.2M 12.1 %
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Book Value x2212.4M 12.1 %
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Book Value x3318.6M 12.1 %
Balance Sheet Highlights
Financial Highlights | Virginia Heritage Bank | All Insured Commercial Banks in Virginia |
Balance Sheet $(000) | ||
Total Assets | 951,668 | 664,457 |
Total Net Loans | 795,577 | 446,281 |
Total Deposits | 742,829 | 549,059 |
Total Equity | 106,188 | 73,180 |
Profitability | ||
Net Income | 6,804 | 4,386 |
Return on Average Assets | .975 | .777 |
Return on Average Equity | 8.941 | 6.95 |
Net Interest Margin | 3.6 | 3.875 |
Efficiency Ratio | 60.708 | 72.86 |
Noninterest Income/Revenue | 16.595 | 16.97 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 107.101 | 81.565 |
Securities/Assets | .101 | .157 |
Total Equity/Total Assets | .112 | .11 |
Tangible Equity/Tangible Assets | .096 | .102 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 107,619 | 67,140 |
Tier 2 Capital | 10,181 | 5,416 |
Total Capital | 117,800 | 72,562 |
Total Risk Weighted Assets | 816,038 | 482,905 |
Leverage Ratio | 11.28 | 10.61 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.19 | 15.002 |
Total Capital Ratio | 14.44 | 16.264 |
Timeline for Virginia Heritage Bank
Virginia Heritage Bank
Virginia Heritage Bank was established 18 years ago and is currently headquartered in Fairfax, VA.
Nov 21 2005Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Eaglebank | Buyer | 6,749,020 | Acquisition | Discontinued | 11/1/2014 |
Relationships | Role | Relationship Start | Relationship End |
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