Blue Ridge Bank in Luray, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Blue Ridge Bank - Overview

  • General
  • FDIC Certificate #: 6872
    Status: Active
    Federal Reserve ID: 233527
    Bank Holding Company (Regulatory Top Holder): Blue Ridge Bankshares, Inc. (RSSDID: 1426960, Location: Luray, VA)
    Date Established: April 14, 1893
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 4618
    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: January 01, 1934
    Last Structure Change Effective Date: October 14, 2011
    Last Structure Change Process Date: November 15, 2011
    Last Data Update: November 15, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 17 West Main Street, Luray, VA 22835
    County: Page
    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
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $198.9 mil
    Equity capital: $16.7 mil
    Deposits held in domestic offices: $163.5 mil
    Return on assets (ROA): 0.82% ($1.6 mil)
    Quarterly return on assets: 0.68% ($1.4 mil)
    Return on Equity (ROE): 9.37% ($1.6 mil)
    Quarterly return on equity: 7.04% ($1.2 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.10% ($2,188.2 mil)
    Quarterly Pretax return on assets: 0.87% ($1,730.6 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
  • 36Total employees (full-time equivalent)
  • $198,924Total assets
  • $3,344Cash and due from depository institutions
  • $2,092Interest-bearing balances
  • $60,649Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $125,159Net loans & leases
  • $1,457Loan loss allowance
  • $0Trading account assets
  • $1,878Bank premises and fixed assets
  • $497Other real estate owned
  • $606Goodwill and other intangibles
  • $198,924Life insurance assets
  • $6,791All other assets
  • $182,265Total liabilities and capital
  • $163,455Total liabilities
  • $143,119Total deposits
  • $163,455Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 752.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $17,593Trading liabilities
  • $0Other borrowed funds
  • $465Subordinated debt
  • $16,659All other liabilities
  • $16,659Total equity capital
  • $16,659Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $6,500Surplus
  • $8,159Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $9,610Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $494Income earned, not collected on loans
  • $0Earning assets
  • $611Long-term assets (5+ years)
  • $187,900Average Assets, year-to-date
  • $85,469Average Assets, quarterly
  • $151,967Volatile liabilities
  • $170,040Insider loans
  • $111,367FHLB advances
  • $171,951Loans and leases held for sale
  • $2,144Unused loan commitments
  • $1,607Tier 1 (core) risk-based capital
  • $15,840Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $537Total unused commitments
  • $8,345Restructured Loans and leases
  • $1,625Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,751Total interest income
  • $1,759Total interest expense
  • $4,992Net interest income
  • $325Provision for loan and lease losses
  • $683Total noninterest income
  • $0Fiduciary activities
  • $310Service charges on deposit accounts
  • $0Trading account gains & fees
  • $373Additional noninterest income
  • $3,726Total noninterest expense
  • $1,647Salaries and employee benefits
  • $371Premises and equipment expense
  • $1,708Additional noninterest expense
  • $1,624Pre-tax net operating income
  • $41Securities gains (losses)
  • $417Applicable income taxes
  • $1,248Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,248Net income attributable to bank
  • $0Net charge-offs
  • $1,248Cash dividends
  • $162Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.51%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.10%Pretax return on assets
  • 9.37%Return on equity (ROE)
  • 9.37%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 200.62%Credit loss provision to net charge-offs
  • 12.03%Efficiency ratio
  • 65,656Assets per employee
  • 5.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 294.94%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 76.57%Net loans and leases to core deposits
  • 85.57%Equity capital to assets
  • 8.37%Core capital (leverage) ratio
  • 9.21%Tier 1 risk-based capital ratio
  • 14.22%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $151,967Average earning assets
  • $13,319Average equity
  • $142,223Average loans

List of branches

  • 4 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04618Blue Ridge Bank17 West Main Street, Luray, VA 22835April 14, 1893Full Service Brick and Mortar
    1212458East End Branch612 East Main Street, Luray, VA 22835June 18, 1974Full Service Brick and Mortar
    2364016Shenandoah Branch600 South Third Street, Shenandoah, VA 22849March 14, 2002Full Service Brick and Mortar
    3419197Mcgaheysville Branch9972 Spotswood Trail, Mc Gaheysville, VA 22840March 24, 2003Full Service Brick and Mortar

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