James River Bank/Colonial in Isle Of Wight County, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 2000

  • James River Bank/Colonial in Isle Of Wight County, Virginia (VA)
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James River Bank/Colonial - Overview

  • General
  • FDIC Certificate #: 21332
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: James River Bank/Colonial (#19726)
    Federal Reserve ID: 216829
    Date Established: November 28, 1973
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 14761
    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: November 28, 1973
    Last Structure Change Effective Date: July 31, 2000
    Last Structure Change Process Date: August 04, 2000
    Last Data Update: August 04, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 1803 South Church Street, Isle Of Wight County, VA 23430
    County: Isle Of Wight
    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): Norfolk-Virginia Beach-Newport News, VA-NC (#5720)
    Core Based Statistical Area (CBSA): Virginia Beach-Norfolk-Newport News, VA-NC (#47260)
    CBSA Metro Statistical Area: Virginia Beach-Norfolk-Newport News, VA-NC (#47260)
  • Financial Summary
  • Total assets: $43.0 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
  • 26Total employees (full-time equivalent)
  • $41,582Total assets
  • $2,111Cash and due from depository institutions
  • $623Interest-bearing balances
  • $9,417Securities
  • $26Federal funds sold & reverse repurchase agreements
  • $27,836Net loans & leases
  • $395Loan loss allowance
  • $0Trading account assets
  • $1,581Bank premises and fixed assets
  • $159Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $452All other assets
  • $41,582Total liabilities and capital
  • $38,154Total liabilities
  • $37,809Total deposits
  • $29,067Interest-bearing deposits
  • $37,809Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $184Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $161All other liabilities
  • $3,428Total equity capital
  • $3,428Total bank equity capital
  • $3,428Perpetual preferred stock
  • $0Common stock
  • $2,050Surplus
  • $668Undivided profits
  • Memoranda
  • $710Noncurrent loans and leases
  • $7,824Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $206Average Assets, year-to-date
  • $37,902Average Assets, quarterly
  • $5,512Volatile liabilities
  • $41,497Insider loans
  • $41,776FHLB advances
  • $2,516Loans and leases held for sale
  • $465Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,824Total unused commitments
  • $0Restructured Loans and leases
  • $387Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $2,850Total interest income
  • $1,178Total interest expense
  • $1,672Net interest income
  • $153Provision for loan and lease losses
  • $248Total noninterest income
  • $0Fiduciary activities
  • $192Service charges on deposit accounts
  • $0Trading account gains & fees
  • $56Additional noninterest income
  • $1,752Total noninterest expense
  • $838Salaries and employee benefits
  • $210Premises and equipment expense
  • $704Additional noninterest expense
  • $15Pre-tax net operating income
  • $0Securities gains (losses)
  • -$83Applicable income taxes
  • $98Income before extraordinary items
  • $0Extraordinary gains - net
  • $98Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $69Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.57%Yield on earning assets
  • 3.13%Cost of funding earning assets
  • 4.44%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 4.66%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.04%Pretax return on assets
  • 2.81%Return on equity (ROE)
  • 2.81%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 221.74%Credit loss provision to net charge-offs
  • 2.43%Efficiency ratio
  • 91,250Assets per employee
  • 1.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 73.62%Net loans and leases to core deposits
  • 78.46%Equity capital to assets
  • 8.24%Core capital (leverage) ratio
  • 8.35%Tier 1 risk-based capital ratio
  • 11.34%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $41,497Average earning assets
  • $3,493Average equity
  • $37,627Average loans

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