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- Banks in Virginia (VA)
- F&M Bank-Winchester
F&M Bank-Winchester in Winchester, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of March 16, 2002
- F&M Bank-Winchester in Winchester, Virginia (VA)
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F&M Bank-Winchester - Overview
- General
- FDIC Certificate #: 6927
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company of Virginia (#22584)
Federal Reserve ID: 990325
Date Established: January 13, 1902
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 34 (Interstate: No)
OTS Docket #: 11654
FDIC's unique #: 4655
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 01, 1934
Last Structure Change Effective Date: March 16, 2002
Last Structure Change Process Date: April 29, 2002
Last Data Update: April 29, 2002
Data Source Date: April 05, 2012 - Location
- Address: 115 North Cameron Street, Winchester, VA 22601
County: Winchester 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
Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
Core Based Statistical Area (CBSA): Winchester, VA-WV (#49020)
CBSA Metro Statistical Area: Winchester, VA-WV (#49020) - Financial Summary
- Total assets: $1,413.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
- 396Total employees (full-time equivalent)
- $1,413,464Total assets
- $41,239Cash and due from depository institutions
- $0Interest-bearing balances
- $80,435Securities
- $670,579Federal funds sold & reverse repurchase agreements
- $588,809Net loans & leases
- $5,788Loan loss allowance
- $0Trading account assets
- $17,143Bank premises and fixed assets
- $252Other real estate owned
- $7,322Goodwill and other intangibles
- $0Life insurance assets
- $7,685All other assets
- $1,413,464Total liabilities and capital
- $1,308,242Total liabilities
- $783,880Total deposits
- $694,465Interest-bearing deposits
- $783,880Deposits held in domestic offices
- 0.00%% insured (estimated)
- $508,150Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $16,212All other liabilities
- $105,222Total equity capital
- $105,222Total bank equity capital
- $105,222Perpetual preferred stock
- $0Common stock
- $2,530Surplus
- $22,348Undivided profits
- Memoranda
- $80,344Noncurrent loans and leases
- $333,130Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $4,060Earning assets
- $0Long-term assets (5+ years)
- $3,788Average Assets, year-to-date
- $1,339,823Average Assets, quarterly
- $138,240Volatile liabilities
- $1,164,212Insider loans
- $1,289,008FHLB advances
- $568,924Loans and leases held for sale
- $11,707Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $92,733Total risk weighted assets
- $333,130Total unused commitments
- $0Restructured Loans and leases
- $5,788Derivatives
Income and Expense (December 31, 2001)
- Dollar figures in thousands
- $68,755Total interest income
- $27,623Total interest expense
- $41,132Net interest income
- $2,000Provision for loan and lease losses
- $24,392Total noninterest income
- $0Fiduciary activities
- $5,631Service charges on deposit accounts
- $0Trading account gains & fees
- $18,761Additional noninterest income
- $58,750Total noninterest expense
- $32,437Salaries and employee benefits
- $3,015Premises and equipment expense
- $23,298Additional noninterest expense
- $4,774Pre-tax net operating income
- $7,723Securities gains (losses)
- $4,527Applicable income taxes
- $7,970Income before extraordinary items
- $0Extraordinary gains - net
- $7,970Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $2,753Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2001)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 6.36%Yield on earning assets
- 2.55%Cost of funding earning assets
- 3.80%Net interest margin
- 2.26%Noninterest income to earning assets
- 5.43%Noninterest expense to earning assets
- 0.26%Net operating income to assets
- 0.68%Return on assets (ROA)
- 1.07%Pretax return on assets
- 8.04%Return on equity (ROE)
- 8.04%Retained earnings to average equity (YTD only)
- 0.45%Net charge-offs to loans
- 72.65%Credit loss provision to net charge-offs
- 2.46%Efficiency ratio
- 86,976Assets per employee
- 3.57%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 0.97%Loss allowance to noncurrent loans
- 142.56%Noncurrent assets plus other real estate owned to assets
- 0.31%Noncurrent loans to loans
- 0.68%Net loans and leases to deposits
- 75.11%Net loans and leases to core deposits
- 81.43%Equity capital to assets
- 7.44%Core capital (leverage) ratio
- 7.63%Tier 1 risk-based capital ratio
- 14.36%Total risk-based capital ratio
- Memoranda
- $15Average assets
- $1,164,212Average earning assets
- $99,079Average equity
- $1,081,640Average loans
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- Banks in Virginia (VA)
- F&M Bank-Winchester
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