Columbia First Bank, a Federal Savings Bank in Arlington, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 03, 1995

  • Columbia First Bank, a Federal Savings Bank in Arlington, Virginia (VA)
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Columbia First Bank, a Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28093
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Union National Bank of Virginia (#6904)
    Federal Reserve ID: 745477
    Date Established: January 01, 1907
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 889
    FDIC's unique #: 40927
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: September 24, 1935
    Last Structure Change Effective Date: November 03, 1995
    Last Structure Change Process Date: November 13, 1995
    Last Data Update: November 13, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1560 Wilson Boulevard, Arlington, VA 22209
    County: Arlington
    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: $2,647.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $444Total assets
  • $2,911,524Cash and due from depository institutions
  • $22,376Interest-bearing balances
  • $29Securities
  • $555,116Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $2,235,273Loan loss allowance
  • $16,401Trading account assets
  • $0Bank premises and fixed assets
  • $11,369Other real estate owned
  • $11,184Goodwill and other intangibles
  • $69,538Life insurance assets
  • $6,668All other assets
  • $0Total liabilities and capital
  • $2,911,524Total liabilities
  • $2,778,526Total deposits
  • $1,536,034Interest-bearing deposits
  • $1,488,693Deposits held in domestic offices
  • 1536034.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $286,332Trading liabilities
  • $0Other borrowed funds
  • $941,926Subordinated debt
  • $0All other liabilities
  • $14,234Total equity capital
  • $14,234Total bank equity capital
  • $132,998Perpetual preferred stock
  • $0Common stock
  • $37Surplus
  • $59,064Undivided profits
  • Memoranda
  • $73,897Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,000Income earned, not collected on loans
  • $11,999Earning assets
  • $2,790,418Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,677,033Average Assets, quarterly
  • $2,880,066Volatile liabilities
  • $1,427,146Insider loans
  • $7,888FHLB advances
  • $916,817Loans and leases held for sale
  • $0Unused loan commitments
  • $126,088Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $134,514Total risk weighted assets
  • $1,632,698Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $165,602Total interest expense
  • $115,600Net interest income
  • $50,002Provision for loan and lease losses
  • $410Total noninterest income
  • $6,979Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $6,979Total noninterest expense
  • $41,155Salaries and employee benefits
  • $18,867Premises and equipment expense
  • $11,026Additional noninterest expense
  • $11,262Pre-tax net operating income
  • $15,416Securities gains (losses)
  • $2,018Applicable income taxes
  • $6,514Income before extraordinary items
  • $10,920Extraordinary gains - net
  • $0Net income attributable to bank
  • $10,920Net charge-offs
  • $4,152Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $619Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.48%Cost of funding earning assets
  • 4.52%Net interest margin
  • 1.96%Noninterest income to earning assets
  • 0.27%Noninterest expense to earning assets
  • 1.61%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 0.65%Return on equity (ROE)
  • 8.47%Retained earnings to average equity (YTD only)
  • 8.47%Net charge-offs to loans
  • 0.22%Credit loss provision to net charge-offs
  • 9.87%Efficiency ratio
  • 69,964Assets per employee
  • 6.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.73%Loss allowance to noncurrent loans
  • 117.15%Noncurrent assets plus other real estate owned to assets
  • 0.86%Noncurrent loans to loans
  • 0.62%Net loans and leases to deposits
  • 145.52%Net loans and leases to core deposits
  • 167.17%Equity capital to assets
  • 4.57%Core capital (leverage) ratio
  • 4.63%Tier 1 risk-based capital ratio
  • 8.24%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $2,677,033Average earning assets
  • $128,875Average equity
  • $2,555,292Average loans
1
Amy V Peters
⚠
Nov 15, 2021 @ 8:08 am
Status of CDs purchased in 1980, 1984, 1985 & 1994!

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