Bank of Botetourt in Buchanan, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Botetourt - Overview

  • General
  • FDIC Certificate #: 6137
    Status: Active
    Federal Reserve ID: 759625
    Bank Holding Company (Regulatory Top Holder): Botetourt Bankshares, Inc. (RSSDID: 2577506, Location: Buchanan, VA)
    Date Established: September 27, 1899
    WWW: http://www.bankofbotetourt.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 15392
    FDIC's unique #: 4142
    Numeric code: 21
    Regulator: FDIC
    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: January 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 02, 2010
    Last Data Update: June 02, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 19747 Main Street, Buchanan, VA 24066
    County: Botetourt
    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): Roanoke, VA (#6800)
    Core Based Statistical Area (CBSA): Roanoke, VA (#40220)
    CBSA Metro Statistical Area: Roanoke, VA (#40220)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $307.3 mil
    Equity capital: $23.6 mil
    Deposits held in domestic offices: $281.5 mil
    Return on assets (ROA): -0.92% (-$2.8 mil)
    Quarterly return on assets: -0.66% (-$2.0 mil)
    Return on Equity (ROE): -11.62% (-$2.8 mil)
    Quarterly return on equity: -8.69% (-$2.1 mil)
    Net income: -$2.9 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: -1.44% (-$4,424.8 mil)
    Quarterly Pretax return on assets: -1.07% (-$3,287.9 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
  • 91Total employees (full-time equivalent)
  • $307,278Total assets
  • $26,862Cash and due from depository institutions
  • $19,486Interest-bearing balances
  • $15,623Securities
  • $680Federal funds sold & reverse repurchase agreements
  • $243,854Net loans & leases
  • $5,995Loan loss allowance
  • $0Trading account assets
  • $7,345Bank premises and fixed assets
  • $5,252Other real estate owned
  • $0Goodwill and other intangibles
  • $307,278Life insurance assets
  • $7,662All other assets
  • $283,703Total liabilities and capital
  • $281,532Total liabilities
  • $244,465Total deposits
  • $281,532Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $300Other borrowed funds
  • $1,871Subordinated debt
  • $23,575All other liabilities
  • $23,575Total equity capital
  • $23,575Total bank equity capital
  • $0Perpetual preferred stock
  • $1,220Common stock
  • $3,115Surplus
  • $19,240Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,801Income earned, not collected on loans
  • $0Earning assets
  • $1,040Long-term assets (5+ years)
  • $279,643Average Assets, year-to-date
  • $51,651Average Assets, quarterly
  • $311,584Volatile liabilities
  • $311,653Insider loans
  • $237,658FHLB advances
  • $310,323Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,433Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $33,187Restructured Loans and leases
  • $1,988Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,198Total interest income
  • $4,123Total interest expense
  • $11,075Net interest income
  • $7,485Provision for loan and lease losses
  • $779Total noninterest income
  • $0Fiduciary activities
  • $644Service charges on deposit accounts
  • $0Trading account gains & fees
  • $135Additional noninterest income
  • $8,848Total noninterest expense
  • $4,640Salaries and employee benefits
  • $921Premises and equipment expense
  • $3,287Additional noninterest expense
  • -$4,479Pre-tax net operating income
  • $3Securities gains (losses)
  • -$1,618Applicable income taxes
  • -$2,858Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,858Net income attributable to bank
  • $0Net charge-offs
  • -$2,858Cash dividends
  • $6,638Sale, conversion, retirement of capital stock, net
  • $81Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.32%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.87%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 3.10%Noninterest expense to earning assets
  • -0.92%Net operating income to assets
  • -0.92%Return on assets (ROA)
  • -1.44%Pretax return on assets
  • -11.62%Return on equity (ROE)
  • -11.95%Retained earnings to average equity (YTD only)
  • 2.57%Net charge-offs to loans
  • 112.76%Credit loss provision to net charge-offs
  • 0.45%Efficiency ratio
  • 74,641Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -2.83%Loss allowance to loans
  • 2.40%Loss allowance to noncurrent loans
  • 43.44%Noncurrent assets plus other real estate owned to assets
  • 6.20%Noncurrent loans to loans
  • 5.52%Net loans and leases to deposits
  • 86.62%Net loans and leases to core deposits
  • 91.94%Equity capital to assets
  • 7.67%Core capital (leverage) ratio
  • 7.23%Tier 1 risk-based capital ratio
  • 9.44%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $311,584Average earning assets
  • $24,600Average equity
  • $285,832Average loans

List of branches

  • 10 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04142Bank Of Botetourt19747 Main Street, Buchanan, VA 24066September 27, 1899Full Service Brick and Mortar
    1208821Daleville Branch670 Roanoke Road, Daleville, VA 24083November 27, 1989Full Service Brick and Mortar
    28218Eagle Rock Branch58 Railroad Ave, Eagle Rock, VA 24085April 15, 1905Full Service Brick and Mortar
    3208822Troutville Branch5462 Lee Highway, Troutville, VA 24175January 06, 1995Full Service Brick and Mortar
    4208823Bonsack Branch3801 Challenger Avenue, Roanoke, VA 24012April 16, 1997Full Service Brick and Mortar
    6360881Lexington Office Branch65 East Midland Trail, Lexington, VA 24450November 15, 2000Full Service Brick and Mortar
    7362319Peters Creek Road Branch3130 Peters Creek Road, Roanoke, VA 24019September 10, 2001Full Service Brick and Mortar
    9426806Fairfield Branch5905 North Lee Highway, Fairfield, VA 24435March 22, 2004Full Service Brick and Mortar
    10469644Moneta Branch51 Firstwatch Drive, Moneta, VA 24121November 19, 2007Full Service Brick and Mortar
    11471483Natural Bridge Station Branch9 Lloyd Tolley Road, Natural Bridge Station, VA 24579Febuary 04, 2008Full Service Brick and Mortar

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