Peoples Community Bank in Montross, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Peoples Community Bank in Montross, Virginia (VA)
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Peoples Community Bank - Overview

  • General
  • FDIC Certificate #: 829
    Status: Active
    Federal Reserve ID: 947628
    Bank Holding Company (Regulatory Top Holder): Peoples Bankshares, Incorporated (RSSDID: 2332303, Location: Montross, VA)
    Date Established: June 17, 1913
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 519
    Numeric code: 13
    Regulator: FED
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 15960 Kings Highway, Montross, VA 22520
    County: Westmoreland
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $139.9 mil
    Equity capital: $12.7 mil
    Deposits held in domestic offices: $126.3 mil
    Return on assets (ROA): 0.38% ($0.5 mil)
    Quarterly return on assets: 0.21% ($0.3 mil)
    Return on Equity (ROE): 4.28% ($0.6 mil)
    Quarterly return on equity: 2.30% ($0.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.46% ($643.6 mil)
    Quarterly Pretax return on assets: -0.01% (-$14.0 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 47Total employees (full-time equivalent)
  • $139,918Total assets
  • $2,815Cash and due from depository institutions
  • $206Interest-bearing balances
  • $33,651Securities
  • $4,983Federal funds sold & reverse repurchase agreements
  • $88,523Net loans & leases
  • $2,161Loan loss allowance
  • $0Trading account assets
  • $3,828Bank premises and fixed assets
  • $678Other real estate owned
  • $0Goodwill and other intangibles
  • $139,918Life insurance assets
  • $5,440All other assets
  • $127,241Total liabilities and capital
  • $126,343Total liabilities
  • $115,666Total deposits
  • $126,343Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $898Subordinated debt
  • $12,677All other liabilities
  • $12,677Total equity capital
  • $12,677Total bank equity capital
  • $0Perpetual preferred stock
  • $652Common stock
  • $123Surplus
  • $11,902Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,306Income earned, not collected on loans
  • $0Earning assets
  • $539Long-term assets (5+ years)
  • $127,363Average Assets, year-to-date
  • $67,103Average Assets, quarterly
  • $135,618Volatile liabilities
  • $139,576Insider loans
  • $86,017FHLB advances
  • $140,257Loans and leases held for sale
  • $3,311Unused loan commitments
  • $3,311Tier 1 (core) risk-based capital
  • $11,977Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,096Restructured Loans and leases
  • $1,386Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,328Total interest income
  • $1,218Total interest expense
  • $5,110Net interest income
  • $585Provision for loan and lease losses
  • $445Total noninterest income
  • $0Fiduciary activities
  • $240Service charges on deposit accounts
  • $0Trading account gains & fees
  • $205Additional noninterest income
  • $4,517Total noninterest expense
  • $2,076Salaries and employee benefits
  • $678Premises and equipment expense
  • $1,763Additional noninterest expense
  • $453Pre-tax net operating income
  • $166Securities gains (losses)
  • $99Applicable income taxes
  • $520Income before extraordinary items
  • $0Extraordinary gains - net
  • $520Net income attributable to bank
  • $0Net charge-offs
  • $520Cash dividends
  • $135Sale, conversion, retirement of capital stock, net
  • $156Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.16%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 4.17%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.46%Pretax return on assets
  • 4.28%Return on equity (ROE)
  • 3.00%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 433.33%Credit loss provision to net charge-offs
  • 7.69%Efficiency ratio
  • 81,314Assets per employee
  • 2.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.00%Loss allowance to loans
  • 2.38%Loss allowance to noncurrent loans
  • 93.71%Noncurrent assets plus other real estate owned to assets
  • 2.13%Noncurrent loans to loans
  • 2.54%Net loans and leases to deposits
  • 70.07%Net loans and leases to core deposits
  • 72.37%Equity capital to assets
  • 9.06%Core capital (leverage) ratio
  • 8.54%Tier 1 risk-based capital ratio
  • 13.92%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $135,618Average earning assets
  • $12,144Average equity
  • $122,537Average loans

List of branches

  • 5 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0519Peoples Community Bank15960 Kings Highway, Montross, VA 22520June 17, 1913Full Service Brick and Mortar
    1264016Warsaw BranchU.S. Route 360 And State Route 624, Warsaw, VA 22572June 30, 1986Full Service Brick and Mortar
    2186009Stafford County BranchRte 3 & 607 (Cool Springs Road), Fredericksburg, VA 22405June 01, 1998Full Service Brick and Mortar
    4361040King George County Branch8065 Kings Highway, King George, VA 22485October 02, 2000Full Service Brick and Mortar
    6521784Dahlgren Branch5082 James Madison Highway, King George, VA 22485July 01, 2010Full Service Brick and Mortar

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