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- Banks in Virginia (VA)
- First Virginia Bank - Planters
First Virginia Bank - Planters in Bridgewater, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of June 25, 1994
- First Virginia Bank - Planters in Bridgewater, Virginia (VA)
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First Virginia Bank - Planters - Overview
- General
- FDIC Certificate #: 6136
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Virginia Bank - Blue Ridge (#6134)
Federal Reserve ID: 142722
Date Established: Febuary 02, 1898
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 6 (Interstate: No)
FDIC's unique #: 4141
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: June 25, 1994
Last Structure Change Process Date: July 14, 1994
Last Data Update: July 14, 1994
Data Source Date: April 05, 2012 - Location
- Address: 111 North Main Street, Bridgewater, VA 22812
County: Rockingham
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
Core Based Statistical Area (CBSA): Harrisonburg, VA (#25500)
CBSA Metro Statistical Area: Harrisonburg, VA (#25500) - Financial Summary
- Total assets: $120.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1993)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $66Total assets
- $119,040Cash and due from depository institutions
- $3,629Interest-bearing balances
- $0Securities
- $19,018Federal funds sold & reverse repurchase agreements
- $250Net loans & leases
- $92,856Loan loss allowance
- $1,126Trading account assets
- $0Bank premises and fixed assets
- $2,069Other real estate owned
- $0Goodwill and other intangibles
- $1,105Life insurance assets
- $113All other assets
- $0Total liabilities and capital
- $119,040Total liabilities
- $109,851Total deposits
- $108,935Interest-bearing deposits
- $94,683Deposits held in domestic offices
- 108935.00%% insured (estimated)
- $95Federal funds purchased & repurchase agreements
- $161Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $0All other liabilities
- $755Total equity capital
- $755Total bank equity capital
- $9,189Perpetual preferred stock
- $0Common stock
- $2,700Surplus
- $1,600Undivided profits
- Memoranda
- $4,889Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $97Income earned, not collected on loans
- $129Earning assets
- $112,124Long-term assets (5+ years)
- $26,129Average Assets, year-to-date
- $116,086Average Assets, quarterly
- $118,299Volatile liabilities
- $4,063Insider loans
- $856FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $8,935Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $9,076Total risk weighted assets
- $82,216Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1993)
- Dollar figures in thousands
- $0Total interest income
- $9,608Total interest expense
- $3,180Net interest income
- $6,428Provision for loan and lease losses
- $166Total noninterest income
- $674Fiduciary activities
- $0Service charges on deposit accounts
- $417Trading account gains & fees
- $0Additional noninterest income
- $257Total noninterest expense
- $3,670Salaries and employee benefits
- $1,406Premises and equipment expense
- $318Additional noninterest expense
- $1,946Pre-tax net operating income
- $3,266Securities gains (losses)
- $0Applicable income taxes
- $1,152Income before extraordinary items
- $2,114Extraordinary gains - net
- $0Net income attributable to bank
- $2,114Net charge-offs
- $10Cash dividends
- $1,221Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1993)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 8.78%Cost of funding earning assets
- 2.91%Net interest margin
- 5.87%Noninterest income to earning assets
- 0.62%Noninterest expense to earning assets
- 3.35%Net operating income to assets
- 1.82%Return on assets (ROA)
- 1.82%Pretax return on assets
- 2.81%Return on equity (ROE)
- 24.16%Retained earnings to average equity (YTD only)
- 10.21%Net charge-offs to loans
- 0.01%Credit loss provision to net charge-offs
- 1660.00%Efficiency ratio
- 50,014Assets per employee
- 1.80%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 57.76%Loss allowance to loans
- 1.20%Loss allowance to noncurrent loans
- 1160.82%Noncurrent assets plus other real estate owned to assets
- 0.08%Noncurrent loans to loans
- 0.10%Net loans and leases to deposits
- 85.24%Net loans and leases to core deposits
- 88.41%Equity capital to assets
- 7.72%Core capital (leverage) ratio
- 7.69%Tier 1 risk-based capital ratio
- 11.04%Total risk-based capital ratio
- Memoranda
- $12Average assets
- $116,086Average earning assets
- $8,751Average equity
- $109,457Average loans
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- Banks in Virginia (VA)
- First Virginia Bank - Planters
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