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

First Union Bank of Virginia in Vienna, Virginia (VA)
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First Union Bank of Virginia - Overview

General
FDIC Certificate #: 33751
Status: Inactive
Closing history: Corrections
Acquiring institution: First Union National Bank of Virginia (#6904)
Federal Reserve ID: 2007012
Date Established: December 11, 1992
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 47958
Numeric code: 21
Regulator: FDIC
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: December 11, 1992
Last Structure Change Effective Date: July 22, 1993
Last Structure Change Process Date: August 12, 1993
Last Data Update: May 02, 1994
Data Source Date: April 05, 2012
Location
Address: 133 Maple Avenue, East, Vienna, VA 22180
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)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $26.8 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$22Total assets
$30,411Cash and due from depository institutions
$2,684Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$18,420Net loans & leases
$7,043Loan loss allowance
$3,789Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$892Life insurance assets
$1,372All other assets
$0Total liabilities and capital
$30,411Total liabilities
$27,906Total deposits
$27,826Interest-bearing deposits
$23,974Deposits held in domestic offices
27826.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$80Total equity capital
$80Total bank equity capital
$2,505Perpetual preferred stock
$0Common stock
$2,000Surplus
$500Undivided profits
Memoranda
$5Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,694Income earned, not collected on loans
$209Earning assets
$25,463Long-term assets (5+ years)
$57Average Assets, year-to-date
$30,411Average Assets, quarterly
$30,411Volatile liabilities
$1,102Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,105Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,133Total risk weighted assets
$11,302Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$80Total interest expense
$60Net interest income
$20Provision for loan and lease losses
$0Total noninterest income
$19Fiduciary activities
$0Service charges on deposit accounts
$15Trading account gains & fees
$0Additional noninterest income
$4Total noninterest expense
$34Salaries and employee benefits
$33Premises and equipment expense
$0Additional noninterest expense
$1Pre-tax net operating income
$5Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
$5Extraordinary gains - net
$0Net income attributable to bank
$5Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$2,500Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
0.31%Cost of funding earning assets
0.24%Net interest margin
0.08%Noninterest income to earning assets
0.07%Noninterest expense to earning assets
0.13%Net operating income to assets
0.02%Return on assets (ROA)
0.02%Pretax return on assets
0.02%Return on equity (ROE)
0.20%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
87,179Assets per employee
1.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
34.98%Loss allowance to noncurrent loans
102.57%Noncurrent assets plus other real estate owned to assets
12.15%Noncurrent loans to loans
34.10%Net loans and leases to deposits
25.31%Net loans and leases to core deposits
26.35%Equity capital to assets
8.24%Core capital (leverage) ratio
3.80%Tier 1 risk-based capital ratio
10.03%Total risk-based capital ratio
Memoranda
$12Average assets
$30,411Average earning assets
$2,505Average equity
$25,463Average loans

First Union Bank of Virginia in Vienna, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Union Bank of Virginia - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Union Bank of Virginia in Vienna, Virginia (VA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Union Bank of Virginia - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Union Bank of Virginia in Vienna, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches