Oak View National Bank in Warrenton, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Oak View National Bank - Overview

  • General
  • FDIC Certificate #: 58827
    Status: Active
    Federal Reserve ID: 3816190
    Date Established: June 08, 2009
    WWW: http://www.oakviewbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 469625
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 08, 2009
    Last Structure Change Effective Date: June 08, 2009
    Last Structure Change Process Date: June 08, 2009
    Last Data Update: June 08, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 128 Broadview Avenue, Warrenton, VA 20186
    County: Fauquier
    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
  • New Institution
    Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $115.7 mil
    Equity capital: $9.1 mil
    Deposits held in domestic offices: $101.9 mil
    Return on assets (ROA): -0.57% (-$0.7 mil)
    Quarterly return on assets: 0.64% ($0.7 mil)
    Return on Equity (ROE): -6.65% (-$0.6 mil)
    Quarterly return on equity: 8.10% ($0.7 mil)
    Net income: -$0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: -0.57% (-$659.2 mil)
    Quarterly Pretax return on assets: 0.64% ($740.2 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, 2011)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $115,654Total assets
  • $19,096Cash and due from depository institutions
  • $18,639Interest-bearing balances
  • $1,003Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $91,468Net loans & leases
  • $1,142Loan loss allowance
  • $0Trading account assets
  • $3,057Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $115,654Life insurance assets
  • $1,030All other assets
  • $106,505Total liabilities and capital
  • $101,946Total liabilities
  • $90,682Total deposits
  • $101,946Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $559Subordinated debt
  • $9,149All other liabilities
  • $9,149Total equity capital
  • $9,149Total bank equity capital
  • $0Perpetual preferred stock
  • $1,532Common stock
  • $13,426Surplus
  • $-5,809Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $259Long-term assets (5+ years)
  • $111,110Average Assets, year-to-date
  • $5,714Average Assets, quarterly
  • $103,409Volatile liabilities
  • $113,579Insider loans
  • $78,562FHLB advances
  • $113,717Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,149Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,229Restructured Loans and leases
  • $1,760Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,615Total interest income
  • $1,175Total interest expense
  • $3,440Net interest income
  • $286Provision for loan and lease losses
  • $183Total noninterest income
  • $0Fiduciary activities
  • $32Service charges on deposit accounts
  • $0Trading account gains & fees
  • $151Additional noninterest income
  • $3,926Total noninterest expense
  • $2,277Salaries and employee benefits
  • $364Premises and equipment expense
  • $1,285Additional noninterest expense
  • -$589Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$589Income before extraordinary items
  • $0Extraordinary gains - net
  • -$589Net income attributable to bank
  • $0Net charge-offs
  • -$589Cash dividends
  • $5Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.67%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 3.48%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.98%Noninterest expense to earning assets
  • -0.57%Net operating income to assets
  • -0.57%Return on assets (ROA)
  • -0.57%Pretax return on assets
  • -6.65%Return on equity (ROE)
  • -6.65%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 5720.00%Credit loss provision to net charge-offs
  • -60.60%Efficiency ratio
  • 108,363Assets per employee
  • 4.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 89.72%Net loans and leases to core deposits
  • 93.96%Equity capital to assets
  • 7.91%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 11.65%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $103,409Average earning assets
  • $8,859Average equity
  • $98,720Average loans

List of branches

  • 2 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0469625Oak View National Bank128 Broadview Avenue, Warrenton, VA 20186June 08, 2009Full Service Brick and Mortar
    1493486Marshall Office Branch4174 D Old Stockyard Road, Marshall, VA 20115June 08, 2009Full Service Brick and Mortar

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