- bankencyclopedia.com
- Banks in Virginia (VA)
- F & M Bank-Richmond
F & M Bank-Richmond in Richmond, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of March 16, 2002
- F & M Bank-Richmond in Richmond, Virginia (VA)
-
Show street view
No street view available for this location
F & M Bank-Richmond - Overview
- General
- FDIC Certificate #: 22390
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company of Virginia (#22584)
Federal Reserve ID: 108522
Date Established: January 03, 1977
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 15 (Interstate: No)
FDIC's unique #: 15591
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: January 03, 1977
Last Structure Change Effective Date: March 16, 2002
Last Structure Change Process Date: April 26, 2002
Last Data Update: April 26, 2002
Data Source Date: April 05, 2012 - Location
- Address: 9401 West Broad Street, Richmond, VA 23294
County: Henrico
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): Richmond-Petersburg, VA (#6760)
Core Based Statistical Area (CBSA): Richmond, VA (#40060)
CBSA Metro Statistical Area: Richmond, VA (#40060) - Financial Summary
- Total assets: $298.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
- Dollar figures in thousands
- 105Total employees (full-time equivalent)
- $298,375Total assets
- $13,525Cash and due from depository institutions
- $0Interest-bearing balances
- $14,629Securities
- $54,154Federal funds sold & reverse repurchase agreements
- $203,530Net loans & leases
- $4,944Loan loss allowance
- $0Trading account assets
- $9,163Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $0Life insurance assets
- $3,374All other assets
- $298,375Total liabilities and capital
- $273,458Total liabilities
- $263,857Total deposits
- $234,913Interest-bearing deposits
- $263,857Deposits held in domestic offices
- 0.00%% insured (estimated)
- $9,152Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $449All other liabilities
- $24,917Total equity capital
- $24,917Total bank equity capital
- $24,917Perpetual preferred stock
- $0Common stock
- $2,850Surplus
- $9,476Undivided profits
- Memoranda
- $12,591Noncurrent loans and leases
- $41,647Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $26Earning assets
- $0Long-term assets (5+ years)
- $1,067Average Assets, year-to-date
- $272,313Average Assets, quarterly
- $17,854Volatile liabilities
- $296,858Insider loans
- $298,159FHLB advances
- $48,669Loans and leases held for sale
- $3,728Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $41,647Total unused commitments
- $0Restructured Loans and leases
- $2,882Derivatives
Income and Expense (December 31, 2001)
- Dollar figures in thousands
- $20,228Total interest income
- $9,140Total interest expense
- $11,088Net interest income
- $2,810Provision for loan and lease losses
- $2,100Total noninterest income
- $0Fiduciary activities
- $1,475Service charges on deposit accounts
- $0Trading account gains & fees
- $625Additional noninterest income
- $8,821Total noninterest expense
- $4,641Salaries and employee benefits
- $1,897Premises and equipment expense
- $2,283Additional noninterest expense
- $1,557Pre-tax net operating income
- $36Securities gains (losses)
- $560Applicable income taxes
- $1,033Income before extraordinary items
- $0Extraordinary gains - net
- $1,033Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $5Sale, conversion, retirement of capital stock, net
- $1,400Net operating income
Performance and Condition Ratios (December 31, 2001)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 7.44%Yield on earning assets
- 3.36%Cost of funding earning assets
- 4.08%Net interest margin
- 0.77%Noninterest income to earning assets
- 3.24%Noninterest expense to earning assets
- 0.34%Net operating income to assets
- 0.35%Return on assets (ROA)
- 0.54%Pretax return on assets
- 4.16%Return on equity (ROE)
- -1.48%Retained earnings to average equity (YTD only)
- 0.00%Net charge-offs to loans
- 56200.00%Credit loss provision to net charge-offs
- 873.40%Efficiency ratio
- 66,887Assets per employee
- 2.84%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 135.53%Loss allowance to loans
- 2.37%Loss allowance to noncurrent loans
- 19015.38%Noncurrent assets plus other real estate owned to assets
- 0.01%Noncurrent loans to loans
- 0.01%Net loans and leases to deposits
- 77.14%Net loans and leases to core deposits
- 90.72%Equity capital to assets
- 8.35%Core capital (leverage) ratio
- 8.29%Tier 1 risk-based capital ratio
- 10.74%Total risk-based capital ratio
- Memoranda
- $12Average assets
- $296,858Average earning assets
- $24,842Average equity
- $271,871Average loans
- bankencyclopedia.com
- Banks in Virginia (VA)
- F & M Bank-Richmond
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with F & M Bank-Richmond.
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.
Comment about this bank, ask questions, or add new information about it: