One Valley Bank-Central Virginia, National Association in Lynchburg, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 2000

  • One Valley Bank-Central Virginia, National Association in Lynchburg, Virginia (VA)
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One Valley Bank-Central Virginia, National Association - Overview

  • General
  • FDIC Certificate #: 27639
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company of Virginia (#22584)
    Federal Reserve ID: 206978
    Date Established: January 01, 1914
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 33 (Interstate: No)
    OTS Docket #: 34
    FDIC's unique #: 40473
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: December 30, 1955
    Last Structure Change Effective Date: November 13, 2000
    Last Structure Change Process Date: Febuary 08, 2001
    Last Data Update: Febuary 08, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 2120 Langhorne Road, Lynchburg, VA 24505
    County: Lynchburg City
    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): Lynchburg, VA (#4640)
    Core Based Statistical Area (CBSA): Lynchburg, VA (#31340)
    CBSA Metro Statistical Area: Lynchburg, VA (#31340)
  • Financial Summary
  • Total assets: $1,175.8 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
  • 308Total employees (full-time equivalent)
  • $1,218,907Total assets
  • $25,135Cash and due from depository institutions
  • $963Interest-bearing balances
  • $331,880Securities
  • $600Federal funds sold & reverse repurchase agreements
  • $784,937Net loans & leases
  • $8,901Loan loss allowance
  • $0Trading account assets
  • $17,775Bank premises and fixed assets
  • $30Other real estate owned
  • $41,736Goodwill and other intangibles
  • $0Life insurance assets
  • $16,814All other assets
  • $1,218,907Total liabilities and capital
  • $1,089,991Total liabilities
  • $901,062Total deposits
  • $834,532Interest-bearing deposits
  • $901,062Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $27,707Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $156,000Other borrowed funds
  • $0Subordinated debt
  • $5,222All other liabilities
  • $128,916Total equity capital
  • $128,916Total bank equity capital
  • $128,916Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $99,860Undivided profits
  • Memoranda
  • $28,056Noncurrent loans and leases
  • $122,961Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $637Earning assets
  • $0Long-term assets (5+ years)
  • $4,091Average Assets, year-to-date
  • $1,118,380Average Assets, quarterly
  • $530,226Volatile liabilities
  • $1,211,349Insider loans
  • $1,226,737FHLB advances
  • $197,653Loans and leases held for sale
  • $4,870Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $41,000Tier 2 risk-based capital
  • $807Total risk weighted assets
  • $122,961Total unused commitments
  • $0Restructured Loans and leases
  • $8,976Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $83,664Total interest income
  • $43,610Total interest expense
  • $40,054Net interest income
  • $455Provision for loan and lease losses
  • $5,978Total noninterest income
  • $74Fiduciary activities
  • $3,229Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,675Additional noninterest income
  • $29,458Total noninterest expense
  • $11,600Salaries and employee benefits
  • $3,546Premises and equipment expense
  • $14,312Additional noninterest expense
  • $16,119Pre-tax net operating income
  • $39Securities gains (losses)
  • $5,544Applicable income taxes
  • $10,614Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,614Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $319Sale, conversion, retirement of capital stock, net
  • $10,600Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.52%Yield on earning assets
  • 3.92%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 7.94%Return on equity (ROE)
  • 0.01%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 142.63%Credit loss provision to net charge-offs
  • 51.96%Efficiency ratio
  • 53,793Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.87%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 1397.33%Noncurrent assets plus other real estate owned to assets
  • 0.05%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 87.11%Net loans and leases to core deposits
  • 95.54%Equity capital to assets
  • 10.58%Core capital (leverage) ratio
  • 7.82%Tier 1 risk-based capital ratio
  • 12.92%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,211,349Average earning assets
  • $133,666Average equity
  • $1,112,477Average loans

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