Burke & Herbert Bank & Trust Company in Alexandria, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Burke & Herbert Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 11578
    Status: Active
    Federal Reserve ID: 933621
    Date Established: January 01, 1852
    WWW: http://www.burkeandherbertbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 25 (Domestic: 25, Interstate: No)
    FDIC's unique #: 7397
    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: April 16, 2010
    Last Structure Change Process Date: May 12, 2010
    Last Data Update: May 12, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 South Fairfax Street, Alexandria, VA 22314
    County: Alexandria 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): 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)
  • Financial Summary
  • Total assets: $2,461.7 mil
    Equity capital: $248.9 mil
    Deposits held in domestic offices: $2,022.3 mil
    Return on assets (ROA): 1.50% ($36.9 mil)
    Quarterly return on assets: 1.56% ($38.4 mil)
    Return on Equity (ROE): 14.88% ($37.1 mil)
    Quarterly return on equity: 15.38% ($38.3 mil)
    Net income: $35.6 mil
    Quarterly Net income: $9.6 mil
    Pretax return on assets: 2.18% ($53,666.1 mil)
    Quarterly Pretax return on assets: 2.20% ($54,158.5 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
  • 388Total employees (full-time equivalent)
  • $2,461,748Total assets
  • $144,527Cash and due from depository institutions
  • $121,527Interest-bearing balances
  • $986,726Securities
  • $694Federal funds sold & reverse repurchase agreements
  • $1,211,088Net loans & leases
  • $15,322Loan loss allowance
  • $0Trading account assets
  • $45,070Bank premises and fixed assets
  • $3,899Other real estate owned
  • $0Goodwill and other intangibles
  • $2,461,748Life insurance assets
  • $69,744All other assets
  • $2,212,864Total liabilities and capital
  • $2,022,277Total liabilities
  • $1,638,062Total deposits
  • $2,022,277Interest-bearing deposits
  • $68Deposits held in domestic offices
  • 80157.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $95,000Trading liabilities
  • $0Other borrowed funds
  • $15,430Subordinated debt
  • $248,884All other liabilities
  • $248,884Total equity capital
  • $248,884Total bank equity capital
  • $0Perpetual preferred stock
  • $3,845Common stock
  • $10,000Surplus
  • $235,039Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $9,667Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $19,242Income earned, not collected on loans
  • $0Earning assets
  • $9,533Long-term assets (5+ years)
  • $2,320,035Average Assets, year-to-date
  • $737,482Average Assets, quarterly
  • $2,369,490Volatile liabilities
  • $2,448,046Insider loans
  • $1,798,057FHLB advances
  • $2,441,364Loans and leases held for sale
  • $36,014Unused loan commitments
  • $36,014Tier 1 (core) risk-based capital
  • $239,891Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $146,072Restructured Loans and leases
  • $16,442Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $112,478Total interest income
  • $18,566Total interest expense
  • $93,912Net interest income
  • $3,825Provision for loan and lease losses
  • $9,542Total noninterest income
  • $2,088Fiduciary activities
  • $3,544Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,910Additional noninterest income
  • $47,370Total noninterest expense
  • $27,128Salaries and employee benefits
  • $7,256Premises and equipment expense
  • $12,986Additional noninterest expense
  • $52,259Pre-tax net operating income
  • -$564Securities gains (losses)
  • $16,136Applicable income taxes
  • $35,559Income before extraordinary items
  • $0Extraordinary gains - net
  • $35,559Net income attributable to bank
  • $0Net charge-offs
  • $35,559Cash dividends
  • $2,317Sale, conversion, retirement of capital stock, net
  • $14,226Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.05%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 1.52%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 2.18%Pretax return on assets
  • 14.88%Return on equity (ROE)
  • 8.93%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 165.08%Credit loss provision to net charge-offs
  • 24.21%Efficiency ratio
  • 45,788Assets per employee
  • 6.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.01%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 79.63%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 1.57%Net loans and leases to deposits
  • 59.89%Net loans and leases to core deposits
  • 63.88%Equity capital to assets
  • 10.11%Core capital (leverage) ratio
  • 9.83%Tier 1 risk-based capital ratio
  • 13.34%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,369,490Average earning assets
  • $238,965Average equity
  • $2,229,043Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $329,886Managed Assets
  • 1Number of Accounts
  • $284,482Personal trust and agency accounts
  • $257,118Employee benefit-defined contribution accounts
  • $1,361Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $26,003Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 489Number of Accounts
  • $0Personal trust and agency accounts
  • $26,003Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $45,404Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 25 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07397Burke & Herbert Bank & Trust Company100 South Fairfax Street, Alexandria, VA 22314January 01, 1852Full Service Brick and Mortar
    1225041King Street Branch621 King Street, Alexandria, VA 22314April 22, 1963Full Service Brick and Mortar
    2225042Monroe Avenue Branch306 East Monroe Avenue, Alexandria, VA 22301December 01, 1954Full Service Brick and Mortar
    3225043Carlyle Branch1775 Jamieson Avenue, Alexandria, VA 22314September 25, 1961Full Service Brick and Mortar
    4225044Telegraph Road Branch5731 Telegraph Road, Alexandria, VA 22303April 17, 1968Full Service Brick and Mortar
    5225045Landmark Branch155 North Paxton Street, Alexandria, VA 22304Febuary 24, 1976Full Service Brick and Mortar
    6225046Crystal City Branch500 23rd St S, Arlington, VA 22202November 15, 1979Full Service Brick and Mortar
    7225047Cooper Road Branch8736-8738 Cooper Road, Alexandria, VA 22309December 22, 1986Full Service Brick and Mortar
    8225048Skyline Branch5705 Seminary Road, Falls Church, VA 22041December 15, 1989Full Service Brick and Mortar
    9225049Sherwood Hall Branch2604 Sherwood Hall Lane, Alexandria, VA 22306May 11, 1991Full Service Brick and Mortar
    10225050Franconia Road Branch5519 Franconia Road, Alexandria, VA 22310December 14, 1991Full Service Brick and Mortar
    11225051Fairlington Branch1705 Fern Street, Alexandria, VA 22302October 24, 1992Full Service Brick and Mortar
    12225052Falls Church Branch225 West Broad Street, Falls Church, VA 22046July 12, 1999Full Service Brick and Mortar
    13358770Springfield Branch6200 Backlick Road, Springfield, VA 22150October 24, 2000Full Service Brick and Mortar
    14360368Kingstowne Branch6210 Interparcel Road, Alexandria, VA 22315May 09, 2001Full Service Brick and Mortar
    15432308Smoketown Road Branch14008 Smoketown Road, Woodbridge, VA 22192October 01, 2004Full Service Brick and Mortar
    16466498Annandale Road Branch4235 Annandale Road, Annandale, VA 22003December 04, 2006Full Service Brick and Mortar
    17475444Southbridge Branch17119 Wayside Drive, Dumfries, VA 22026January 11, 2008Full Service Brick and Mortar
    18481684Weir Place Branch9103 Centreville Road, Manassas, VA 20110September 25, 2008Full Service Brick and Mortar
    19488794West Maple Branch302 Maple Ave West, Vienna, VA 22180November 29, 2008Full Service Brick and Mortar
    20497232Burke Town Plaza Branch9516 Old Keene Mill Road, Burke, VA 22015November 06, 2009Full Service Brick and Mortar
    21508194Centreville Branch14122 Lee Highway, Fairfax, VA 22031April 20, 2010Full Service Brick and Mortar
    22517570Clarendon Branch3030 Clarendon Boulevard, Arlington, VA 22201Febuary 22, 2011Full Service Brick and Mortar
    23517927Whittier Branch6705 Whittier Avenue, Mclean, VA 22101March 14, 2011Full Service Brick and Mortar
    24528023Reid's Prospect Branch4605 Daisy Reid Avenue, Woodbridge, VA 22192December 12, 2011Full Service Brick and Mortar

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