Xenith Bank
Richmond, VA — State Member Bank
Acquired Jul 2016
Vitals
-
Total Assets1.1B 7.9 %
-
Total Deposits917.7M 8.3 %
-
Total Net Loans814.3M 7.0 %
-
Net Income1.7M -15.9 %
-
Book Value126.4M 9.1 %
-
Book Value x2252.7M 9.1 %
-
Book Value x3379.1M 9.1 %
Balance Sheet Highlights
Financial Highlights | Xenith Bank | All Insured Commercial Banks in Virginia |
Balance Sheet $(000) | ||
Total Assets | 1,070,637 | 802,116 |
Total Net Loans | 814,268 | 560,430 |
Total Deposits | 917,695 | 654,874 |
Total Equity | 126,364 | 91,533 |
Profitability | ||
Net Income | 1,698 | 3,327 |
Return on Average Assets | .32 | .75 |
Return on Average Equity | 2.754 | 6.553 |
Net Interest Margin | 3.097 | 3.813 |
Efficiency Ratio | 81.911 | 71.937 |
Noninterest Income/Revenue | 3.393 | 16.388 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 88.73 | 84.388 |
Securities/Assets | .131 | .145 |
Total Equity/Total Assets | .118 | .114 |
Tangible Equity/Tangible Assets | .104 | .104 |
Capital Adequacy | ||
Tier 1 Common Capital | 108,928 | 81,119 |
Tier 1 Capital | 108,928 | 81,119 |
Tier 2 Capital | 7,687 | 5,864 |
Total Capital | 116,615 | 87,112 |
Total Risk Weighted Assets | 948,334 | 606,209 |
Leverage Ratio | 10.42 | 10.779 |
Common Equity Tier 1 Capital Ratio | 11.49 | 14.719 |
Tier 1 Capital Ratio | 11.49 | 14.743 |
Total Capital Ratio | 12.3 | 15.944 |
Timeline for Xenith Bank
Colonial Virginia Bank
Acquisition: Xenith Bank acquired a new subsidiary, Colonial Virginia Bank, 9 years
View Profile Jul 01 2014Virginia Business Bank
Acquisition: Xenith Bank acquired a new subsidiary, Virginia Business Bank, 12 years
View Profile Jul 30 2011Xenith Bankshares, Inc.
Xenith Bankshares, Inc. became a new parent organization for Xenith Bank.
View Profile Aug 15 2008Xenith Bank
Xenith Bank was established 21 years ago and is currently headquartered in Richmond, VA.
Jan 27 2003Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Xenith Bank | Buyer | 3,326,344 | Acquisition | Discontinued | 7/30/2016 |
Colonial Virginia Bank | Seller | 115,096 | Acquisition | Discontinued | 7/1/2014 |
Virginia Business Bank | Seller | 83,493 | Failure | 7/30/2011 |
Relationships | Role | Relationship Start | Relationship End |
Xenith Bankshares, Inc. | Parent | 8/15/2008 | 7/29/2016 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
South Shore Bank
|
South Weymouth | MA | 1.1B |
First American Bank
|
Fort Dodge | IA | 1.1B |
Bank Of Utah
|
Ogden | UT | 1.1B |
Metropolitan Commercial Bank
|
New York | NY | 1.1B |
Smartbank
|
Pigeon Forge | TN | 1.0B |
Watertown Savings Bank
|
Watertown | MA | 1.1B |
Sonabank
|
Mclean | VA | 1.1B |
State Bank Of The Lakes
|
Antioch | IL | 1.0B |
American Heritage Bank
|
Sapulpa | OK | 1.1B |
Pacific Mercantile Bank
|
Costa Mesa | CA | 1.1B |