Dominion Savings Bank, F.S.B. in Front Royal, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 24, 2000

  • Dominion Savings Bank, F.S.B. in Front Royal, Virginia (VA)
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Dominion Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 31448
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Greater Atlantic Bank (#32583)
    Federal Reserve ID: 1007471
    Date Established: July 20, 1964
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6985
    FDIC's unique #: 44282
    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: July 20, 1964
    Last Structure Change Effective Date: August 24, 2000
    Last Structure Change Process Date: November 17, 2000
    Last Data Update: November 17, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 South Royal Avenue, Front Royal, VA 22630
    County: Warren
    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: $40.5 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 36Total employees (full-time equivalent)
  • $43,332Total assets
  • $2,692Cash and due from depository institutions
  • $352Interest-bearing balances
  • $12,614Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $25,821Net loans & leases
  • $255Loan loss allowance
  • $0Trading account assets
  • $1,515Bank premises and fixed assets
  • $7Other real estate owned
  • $17Goodwill and other intangibles
  • $0Life insurance assets
  • $666All other assets
  • $43,332Total liabilities and capital
  • $42,517Total liabilities
  • $39,551Total deposits
  • $39,077Interest-bearing deposits
  • $39,551Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $700Other borrowed funds
  • $0Subordinated debt
  • $266All other liabilities
  • $815Total equity capital
  • $815Total bank equity capital
  • $815Perpetual preferred stock
  • $0Common stock
  • $351Surplus
  • $1,786Undivided profits
  • Memoranda
  • $-1,322Noncurrent loans and leases
  • $3,041Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $424Earning assets
  • $0Long-term assets (5+ years)
  • $184Average Assets, year-to-date
  • $38,787Average Assets, quarterly
  • $0Volatile liabilities
  • $45,558Insider loans
  • $44,523FHLB advances
  • $6,420Loans and leases held for sale
  • $0Unused loan commitments
  • $700Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,041Total unused commitments
  • $7Restructured Loans and leases
  • $255Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $3,219Total interest income
  • $1,942Total interest expense
  • $1,277Net interest income
  • $47Provision for loan and lease losses
  • $529Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $529Additional noninterest income
  • $3,188Total noninterest expense
  • $1,189Salaries and employee benefits
  • $635Premises and equipment expense
  • $1,364Additional noninterest expense
  • -$1,429Pre-tax net operating income
  • $1Securities gains (losses)
  • -$2Applicable income taxes
  • -$1,426Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,426Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$26Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.85%Yield on earning assets
  • 4.74%Cost of funding earning assets
  • 3.12%Net interest margin
  • 1.29%Noninterest income to earning assets
  • 7.78%Noninterest expense to earning assets
  • -3.13%Net operating income to assets
  • -3.13%Return on assets (ROA)
  • -3.13%Pretax return on assets
  • -73.46%Return on equity (ROE)
  • -73.46%Retained earnings to average equity (YTD only)
  • -0.10%Net charge-offs to loans
  • -180.77%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 176,523Assets per employee
  • 1.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 60.14%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 1.63%Net loans and leases to deposits
  • 65.29%Net loans and leases to core deposits
  • 72.06%Equity capital to assets
  • 1.88%Core capital (leverage) ratio
  • 2.55%Tier 1 risk-based capital ratio
  • 5.33%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $45,558Average earning assets
  • $1,941Average equity
  • $40,987Average loans

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