FDIC Certificate #: 58501 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Transcommunity Bank, National Association (#57309) Federal Reserve ID: 3481767 Date Established: December 11, 2006 WWW:http://www.bankofrockbridge.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) FDIC's unique #: 454663 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: December 11, 2006 Last Structure Change Effective Date: June 30, 2007 Last Structure Change Process Date: July 11, 2007 Last Data Update: July 11, 2007 Data Source Date: April 05, 2012
Location
Address: 744 North Lee Highway, Lexington, VA 24450 County: Rockbridge 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
Financial Summary
Total assets: $11.0 mil
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
11Total employees (full-time equivalent)
$8,857Total assets
$336Cash and due from depository institutions
$0Interest-bearing balances
$7,206Securities
$482Federal funds sold & reverse repurchase agreements
$362Net loans & leases
$5Loan loss allowance
$0Trading account assets
$227Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$244All other assets
$8,857Total liabilities and capital
$950Total liabilities
$926Total deposits
$719Interest-bearing deposits
$926Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$24All other liabilities
$7,907Total equity capital
$7,907Total bank equity capital
$7,907Perpetual preferred stock
$0Common stock
$2,000Surplus
$6,000Undivided profits
Memoranda
$-93Noncurrent loans and leases
$35Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$1Average Assets, year-to-date
$8,050Average Assets, quarterly
$0Volatile liabilities
$8,857Insider loans
$8,857FHLB advances
$100Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$35Total unused commitments
$0Restructured Loans and leases
$5Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$24Total interest income
$0Total interest expense
$24Net interest income
$5Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$105Total noninterest expense
$60Salaries and employee benefits
$18Premises and equipment expense
$27Additional noninterest expense
-$86Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$86Income before extraordinary items
$0Extraordinary gains - net
-$86Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.30%Yield on earning assets
0.00%Cost of funding earning assets
0.30%Net interest margin
0.00%Noninterest income to earning assets
1.30%Noninterest expense to earning assets
-0.97%Net operating income to assets
-0.97%Return on assets (ROA)
-0.97%Pretax return on assets
-1.09%Return on equity (ROE)
-1.09%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
437,500Assets per employee
0.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
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I have had this account since before 2007