Branch Banking and Trust Company of Virginia in Richmond, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2006

  • Branch Banking and Trust Company of Virginia in Richmond, Virginia (VA)
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Branch Banking and Trust Company of Virginia - Overview

  • General
  • FDIC Certificate #: 22584
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 969723
    Date Established: January 04, 1978
    WWW: http://www.bbandt.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 401 (Interstate: No)
    FDIC's unique #: 15752
    Numeric code: 21
    Regulator: FDIC
    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: January 04, 1978
    Last Structure Change Effective Date: December 31, 2006
    Last Structure Change Process Date: January 23, 2007
    Last Data Update: January 23, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 823 E. Main Street, Richmond, VA 23219
    County: Richmond City
    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): Richmond-Petersburg, VA (#6760)
    Core Based Statistical Area (CBSA): Richmond, VA (#40060)
    CBSA Metro Statistical Area: Richmond, VA (#40060)
  • Financial Summary
  • Total assets: $24,758.8 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, 2005)

  • Dollar figures in thousands
  • 3,864Total employees (full-time equivalent)
  • $22,505,908Total assets
  • $684,168Cash and due from depository institutions
  • $500Interest-bearing balances
  • $7,809,887Securities
  • $257,627Federal funds sold & reverse repurchase agreements
  • $11,190,142Net loans & leases
  • $114,290Loan loss allowance
  • $0Trading account assets
  • $265,121Bank premises and fixed assets
  • $8,381Other real estate owned
  • $1,885,035Goodwill and other intangibles
  • $0Life insurance assets
  • $405,547All other assets
  • $22,505,908Total liabilities and capital
  • $19,234,793Total liabilities
  • $18,432,140Total deposits
  • $14,058,037Interest-bearing deposits
  • $18,432,140Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $588,924Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $46,508Other borrowed funds
  • $0Subordinated debt
  • $167,221All other liabilities
  • $3,271,115Total equity capital
  • $3,271,115Total bank equity capital
  • $3,271,115Perpetual preferred stock
  • $0Common stock
  • $6,886Surplus
  • $3,218,890Undivided profits
  • Memoranda
  • $45,339Noncurrent loans and leases
  • $4,668,696Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $24,529Earning assets
  • $88Long-term assets (5+ years)
  • $91,151Average Assets, year-to-date
  • $19,258,156Average Assets, quarterly
  • $7,296,543Volatile liabilities
  • $22,344,600Insider loans
  • $22,628,917FHLB advances
  • $2,850,133Loans and leases held for sale
  • $28,539Unused loan commitments
  • $8,235Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $71Total risk weighted assets
  • $4,668,696Total unused commitments
  • $442Restructured Loans and leases
  • $114,878Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $1,024,590Total interest income
  • $278,063Total interest expense
  • $746,527Net interest income
  • $13,054Provision for loan and lease losses
  • $261,393Total noninterest income
  • $17,554Fiduciary activities
  • $138,955Service charges on deposit accounts
  • $0Trading account gains & fees
  • $104,884Additional noninterest income
  • $481,613Total noninterest expense
  • $183,005Salaries and employee benefits
  • $69,656Premises and equipment expense
  • $228,952Additional noninterest expense
  • $513,253Pre-tax net operating income
  • $6,466Securities gains (losses)
  • $172,441Applicable income taxes
  • $347,278Income before extraordinary items
  • $0Extraordinary gains - net
  • $347,278Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $8,012Sale, conversion, retirement of capital stock, net
  • $309,245Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.31%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.87%Net interest margin
  • 1.35%Noninterest income to earning assets
  • 2.50%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.55%Return on assets (ROA)
  • 2.33%Pretax return on assets
  • 10.56%Return on equity (ROE)
  • 1.16%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 162.93%Credit loss provision to net charge-offs
  • 65.69%Efficiency ratio
  • 44,251Assets per employee
  • 5.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.05%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 465.94%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 60.71%Net loans and leases to core deposits
  • 69.04%Equity capital to assets
  • 14.53%Core capital (leverage) ratio
  • 7.61%Tier 1 risk-based capital ratio
  • 11.62%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $22,344,600Average earning assets
  • $3,287,640Average equity
  • $19,294,511Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,107,191Managed Assets
  • 1Number of Accounts
  • $1,877,593Personal trust and agency accounts
  • $1,019,570Employee benefit-defined contribution accounts
  • $71,888Employee benefit-defined benefit accounts
  • $20,914Other retirement accounts
  • $274,558Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $490,484Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $179Non-managed Assets
  • 3764Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $229,598Other retirement accounts
  • $45,808Corporate trust and agency accounts
  • $61,521Other fiduciary accounts
  • $44,583Fiduciary accounts held in foreign offices

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