First Savings Bank of Virginia in city_name, state_name - Detailed Financial Reports, Location

First Savings Bank of Virginia in Springfield, Virginia (VA)
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First Savings Bank of Virginia - Overview

General
FDIC Certificate #: 32269
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Southern Financial Bank (#32470)
Federal Reserve ID: 770871
Date Established: January 31, 1985
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8073
FDIC's unique #: 45103
Numeric code: 35
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: January 31, 1985
Last Structure Change Effective Date: August 31, 2000
Last Structure Change Process Date: September 28, 2000
Last Data Update: September 28, 2000
Data Source Date: April 05, 2012
Location
Address: 6551 Loisdale Court, Suite 150, Springfield, VA 22150
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: $76.3 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
25Total employees (full-time equivalent)
$69,034Total assets
$7,602Cash and due from depository institutions
$6,104Interest-bearing balances
$12,296Securities
$0Federal funds sold & reverse repurchase agreements
$47,683Net loans & leases
$481Loan loss allowance
$0Trading account assets
$512Bank premises and fixed assets
$158Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$783All other assets
$69,034Total liabilities and capital
$64,306Total liabilities
$55,153Total deposits
$49,375Interest-bearing deposits
$55,153Deposits held in domestic offices
0.00%% insured (estimated)
$5,861Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,000Other borrowed funds
$0Subordinated debt
$292All other liabilities
$4,728Total equity capital
$4,728Total bank equity capital
$4,728Perpetual preferred stock
$0Common stock
$932Surplus
$3,276Undivided profits
Memoranda
$520Noncurrent loans and leases
$11,698Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,808Earning assets
$0Long-term assets (5+ years)
$354Average Assets, year-to-date
$66,083Average Assets, quarterly
$0Volatile liabilities
$69,903Insider loans
$71,743FHLB advances
$25,394Loans and leases held for sale
$842Unused loan commitments
$3,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,698Total unused commitments
$790Restructured Loans and leases
$481Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$5,228Total interest income
$2,881Total interest expense
$2,347Net interest income
$130Provision for loan and lease losses
$601Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$601Additional noninterest income
$2,231Total noninterest expense
$1,060Salaries and employee benefits
$556Premises and equipment expense
$615Additional noninterest expense
$587Pre-tax net operating income
$1Securities gains (losses)
$223Applicable income taxes
$365Income before extraordinary items
$0Extraordinary gains - net
$365Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$108Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.92%Yield on earning assets
4.37%Cost of funding earning assets
3.56%Net interest margin
0.91%Noninterest income to earning assets
3.38%Noninterest expense to earning assets
0.52%Net operating income to assets
0.52%Return on assets (ROA)
0.84%Pretax return on assets
8.05%Return on equity (ROE)
8.05%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
120.37%Credit loss provision to net charge-offs
6.64%Efficiency ratio
75,678Assets per employee
2.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
26.60%Noncurrent assets plus other real estate owned to assets
2.85%Noncurrent loans to loans
3.75%Net loans and leases to deposits
86.46%Net loans and leases to core deposits
123.47%Equity capital to assets
6.85%Core capital (leverage) ratio
6.84%Tier 1 risk-based capital ratio
11.71%Total risk-based capital ratio
Memoranda
$13Average assets
$69,903Average earning assets
$4,533Average equity
$65,974Average loans

First Savings Bank of Virginia in Springfield, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Savings Bank of Virginia - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

First Savings Bank of Virginia in Springfield, Virginia (VA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Savings Bank of Virginia - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

First Savings Bank of Virginia in Springfield, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches