Alliance Bank Corporation in Fairfax, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Alliance Bank Corporation - Overview

  • General
  • FDIC Certificate #: 34664
    Status: Active
    Federal Reserve ID: 2712978
    Bank Holding Company (Regulatory Top Holder): Alliance Bankshares Corporation (RSSDID: 3123638, Location: Chantilly, VA)
    Date Established: November 16, 1998
    WWW: http://www.alliancebankva.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 61116
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 16, 1998
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: July 16, 2009
    Last Data Update: July 16, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 12735 Shoppes Lane, Fairfax, VA 22033
    County: Fairfax
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Name Change
    Change in Location
  • Financial Summary
  • Total assets: $510.3 mil
    Equity capital: $43.3 mil
    Deposits held in domestic offices: $380.7 mil
    Return on assets (ROA): -0.05% (-$0.3 mil)
    Quarterly return on assets: -0.59% (-$3.0 mil)
    Return on Equity (ROE): -0.57% (-$0.2 mil)
    Quarterly return on equity: -7.01% (-$3.0 mil)
    Net income: -$0.3 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: -0.09% (-$459.3 mil)
    Quarterly Pretax return on assets: -0.91% (-$4,643.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $510,294Total assets
  • $50,852Cash and due from depository institutions
  • $48,646Interest-bearing balances
  • $123,463Securities
  • $11,552Federal funds sold & reverse repurchase agreements
  • $301,484Net loans & leases
  • $5,392Loan loss allowance
  • $596Trading account assets
  • $1,007Bank premises and fixed assets
  • $3,748Other real estate owned
  • $0Goodwill and other intangibles
  • $510,294Life insurance assets
  • $17,592All other assets
  • $467,010Total liabilities and capital
  • $380,656Total liabilities
  • $267,993Total deposits
  • $380,656Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 40420.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $44,350Trading liabilities
  • $0Other borrowed funds
  • $1,584Subordinated debt
  • $43,284All other liabilities
  • $43,284Total equity capital
  • $43,284Total bank equity capital
  • $0Perpetual preferred stock
  • $14,867Common stock
  • $25,173Surplus
  • $3,244Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,265Income earned, not collected on loans
  • $0Earning assets
  • $1,794Long-term assets (5+ years)
  • $485,741Average Assets, year-to-date
  • $94,653Average Assets, quarterly
  • $528,888Volatile liabilities
  • $522,629Insider loans
  • $303,014FHLB advances
  • $496,080Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $38,895Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $49,424Restructured Loans and leases
  • $1,552Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $21,706Total interest income
  • $5,253Total interest expense
  • $16,453Net interest income
  • $1,549Provision for loan and lease losses
  • -$2,770Total noninterest income
  • $0Fiduciary activities
  • $151Service charges on deposit accounts
  • -$3,132Trading account gains & fees
  • $211Additional noninterest income
  • $15,978Total noninterest expense
  • $5,301Salaries and employee benefits
  • $2,941Premises and equipment expense
  • $7,736Additional noninterest expense
  • -$3,844Pre-tax net operating income
  • $3,372Securities gains (losses)
  • -$220Applicable income taxes
  • -$252Income before extraordinary items
  • $0Extraordinary gains - net
  • -$252Net income attributable to bank
  • $0Net charge-offs
  • -$252Cash dividends
  • $1,437Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.34%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 3.29%Net interest margin
  • -0.55%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • -0.46%Net operating income to assets
  • -0.05%Return on assets (ROA)
  • -0.09%Pretax return on assets
  • -0.57%Return on equity (ROE)
  • -0.57%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 107.79%Credit loss provision to net charge-offs
  • -1.60%Efficiency ratio
  • 116,773Assets per employee
  • 8.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.76%Loss allowance to noncurrent loans
  • 40.65%Noncurrent assets plus other real estate owned to assets
  • 3.33%Noncurrent loans to loans
  • 4.32%Net loans and leases to deposits
  • 79.20%Net loans and leases to core deposits
  • 124.86%Equity capital to assets
  • 8.48%Core capital (leverage) ratio
  • 7.84%Tier 1 risk-based capital ratio
  • 12.84%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $528,888Average earning assets
  • $43,909Average equity
  • $499,873Average loans

List of branches

  • 6 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061116Alliance Bank Corporation12735 Shoppes Lane, Fairfax, VA 22033November 16, 1998Full Service Brick and Mortar
    1364281Manassas Park Branch9150 Manassas Drive, Manassas Park, VA 20111October 22, 2001Full Service Brick and Mortar
    2420123Reston Branch11730 Plaza America Drive Ste. 130, Reston, VA 20190August 05, 2002Full Service Brick and Mortar
    3420124Arlington Branch4501 N Fairfax Drive, Arlington, VA 22203June 16, 2003Full Service Brick and Mortar
    4430583Tysons Corner Branch8221 Old Courthouse Road #100, Vienna, VA 22182December 15, 2003Full Service Brick and Mortar
    5479879Annandale Branch7023 Little River Trunpike #101, Annandale, VA 22003April 07, 2008Full Service Brick and Mortar

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