FDIC Certificate #: 26344 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:CENIT Bank (#28204) Federal Reserve ID: 598422 Date Established: August 26, 1985 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 7 (Interstate: No) OTS Docket #: 10944 FDIC's unique #: 32884 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: August 26, 1985 Last Structure Change Effective Date: June 03, 1998 Last Structure Change Process Date: June 11, 1998 Last Data Update: June 11, 1998 Data Source Date: April 05, 2012
Location
Address: 641 Lynnhaven Parkway, Virginia Beach, VA 23452 County: Virginia Beach 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): Norfolk-Virginia Beach-Newport News, VA-NC (#5720) Core Based Statistical Area (CBSA): Virginia Beach-Norfolk-Newport News, VA-NC (#47260) CBSA Metro Statistical Area: Virginia Beach-Norfolk-Newport News, VA-NC (#47260)
Financial Summary
Total assets: $211.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
49Total employees (full-time equivalent)
$223,056Total assets
$11,244Cash and due from depository institutions
$0Interest-bearing balances
$53,524Securities
$35,330Federal funds sold & reverse repurchase agreements
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