Vitals
  • Total Assets
    2.0B 19.5 %
  • Total Deposits
    1.5B 13.9 %
  • Total Net Loans
    1.6B 16.6 %
  • Net Income
    20.0M 40.3 %
  • Book Value
    209.4M 8.8 %
  • Book Value x2
    418.8M 8.8 %
  • Book Value x3
    628.2M 8.8 %
ROAA

1.12

ROAE

9.886

Efficiency Ratio

61.305

Net Interest Margin

3.599

Balance Sheet Highlights
Financial Highlights Washingtonfirst Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 1,999,149 858,303
Total Net Loans 1,553,069 607,607
Total Deposits 1,536,685 699,932
Total Equity 209,411 97,657
Profitability
Net Income 20,040 7,896
Return on Average Assets 1.12 .794
Return on Average Equity 9.886 6.983
Net Interest Margin 3.599 3.805
Efficiency Ratio 61.305 71.157
Noninterest Income/Revenue 25.476 16.327
Balance Sheet Ratios
Loan-to-Deposit 101.066 84.705
Securities/Assets .14 .136
Total Equity/Total Assets .105 .114
Tangible Equity/Tangible Assets .1 .103
Capital Adequacy
Tier 1 Common Capital 200,621 87,521
Tier 1 Capital 200,621 87,589
Tier 2 Capital 13,891 6,159
Total Capital 214,512 93,977
Total Risk Weighted Assets 1,631,816 657,024
Leverage Ratio 10.74 10.765
Common Equity Tier 1 Capital Ratio 12.29 14.768
Tier 1 Capital Ratio 12.29 14.769
Total Capital Ratio 13.15 15.893

Timeline for Washingtonfirst Bank

1St Portfolio Holding Comp

Acquisition: Washingtonfirst Bank acquired a new subsidiary, 1St Portfolio Holding Comp , 8 years

View Profile Aug 01 2015

Washingtonfirst Mortgage Corporation

Washingtonfirst Mortgage Corporation became a new subsidiary organization for Washingtonfirst Bank.

View Profile Jul 31 2015

Millennium Bank, National Association

Acquisition: Washingtonfirst Bank acquired a new subsidiary, Millennium Bank, National Association, 10 years

View Profile Mar 01 2014

Alliance Bank Corporation

Acquisition: Washingtonfirst Bank acquired a new subsidiary, Alliance Bank Corporation, 11 years

View Profile Dec 22 2012

Washingtonfirst Bankshares, Inc.

Washingtonfirst Bankshares, Inc. became a new parent organization for Washingtonfirst Bank.

View Profile May 29 2009

Want to see more?

Complete timeline for Washingtonfirst Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
1St Portfolio Holding Comp Seller Acquisition Discontinued 8/1/2015
Millennium Bank, National Association Seller 130,305 Failure 3/1/2014
Alliance Bank Corporation Seller 520,997 Acquisition Discontinued 12/22/2012
First Liberty National Bank Seller 80,417 Acquisition Discontinued 9/16/2006
First Liberty Bancorp, Inc. Seller Acquisition Discontinued 9/16/2006
Relationships Role Relationship Start Relationship End
Washingtonfirst Bankshares, Inc. Parent 5/29/2009
Washingtonfirst Mortgage Corporation Subsidary 7/31/2015
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