Citizens Bank of Virginia in Vienna, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1996

  • Citizens Bank of Virginia in Vienna, Virginia (VA)
  • Show street view No street view available for this location

Citizens Bank of Virginia - Overview

  • General
  • FDIC Certificate #: 23987
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Bank of Maryland (#9702)
    Federal Reserve ID: 680420
    Date Established: July 01, 1982
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 16728
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1982
    Last Structure Change Effective Date: June 01, 1996
    Last Structure Change Process Date: July 18, 1996
    Last Data Update: July 18, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 8150 Leesburg Pike, Vienna, VA 22180
    County: Fairfax
    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: $251.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $73Total assets
  • $227,702Cash and due from depository institutions
  • $4,287Interest-bearing balances
  • $0Securities
  • $98,575Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $119,866Loan loss allowance
  • $1,754Trading account assets
  • $0Bank premises and fixed assets
  • $2,136Other real estate owned
  • $180Goodwill and other intangibles
  • $2,658Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $227,702Total liabilities
  • $209,083Total deposits
  • $192,338Interest-bearing deposits
  • $162,662Deposits held in domestic offices
  • 192338.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $12,202Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $4,543Total equity capital
  • $4,543Total bank equity capital
  • $18,619Perpetual preferred stock
  • $0Common stock
  • $1,886Surplus
  • $17,998Undivided profits
  • Memoranda
  • $-1,265Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $865Income earned, not collected on loans
  • $639Earning assets
  • $218,441Long-term assets (5+ years)
  • $26,227Average Assets, year-to-date
  • $182,477Average Assets, quarterly
  • $218,831Volatile liabilities
  • $33,452Insider loans
  • $3,830FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $48,804Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,386Total risk weighted assets
  • $144,481Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,186Total interest expense
  • $7,298Net interest income
  • $5,888Provision for loan and lease losses
  • $300Total noninterest income
  • $803Fiduciary activities
  • $0Service charges on deposit accounts
  • $636Trading account gains & fees
  • $0Additional noninterest income
  • $167Total noninterest expense
  • $5,257Salaries and employee benefits
  • $2,183Premises and equipment expense
  • $1,462Additional noninterest expense
  • $1,612Pre-tax net operating income
  • $1,134Securities gains (losses)
  • $0Applicable income taxes
  • $376Income before extraordinary items
  • $758Extraordinary gains - net
  • $0Net income attributable to bank
  • $758Net charge-offs
  • $63Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.58%Cost of funding earning assets
  • 4.19%Net interest margin
  • 3.38%Noninterest income to earning assets
  • 0.46%Noninterest expense to earning assets
  • 3.02%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.42%Pretax return on assets
  • 0.62%Return on equity (ROE)
  • 5.33%Retained earnings to average equity (YTD only)
  • 5.33%Net charge-offs to loans
  • 0.06%Credit loss provision to net charge-offs
  • 476.19%Efficiency ratio
  • 78,568Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 202.77%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 62.32%Net loans and leases to core deposits
  • 70.06%Equity capital to assets
  • 8.18%Core capital (leverage) ratio
  • 8.46%Tier 1 risk-based capital ratio
  • 12.73%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $182,477Average earning assets
  • $14,226Average equity
  • $174,060Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Citizens Bank of Virginia.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents