The Bank of Alexandria in Alexandria, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1998

  • The Bank of Alexandria in Alexandria, Virginia (VA)
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The Bank of Alexandria - Overview

  • General
  • FDIC Certificate #: 23988
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: F & M Bank - Northern Virginia (#25865)
    Federal Reserve ID: 736626
    Date Established: July 07, 1982
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 9497
    FDIC's unique #: 16729
    Numeric code: 21
    Regulator: FDIC
    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: July 07, 1982
    Last Structure Change Effective Date: June 01, 1998
    Last Structure Change Process Date: June 11, 1998
    Last Data Update: June 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1717 King Street, Alexandria, VA 22314
    County: Alexandria 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): 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)
  • Financial Summary
  • Total assets: $81.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $76,137Total assets
  • $6,439Cash and due from depository institutions
  • $3,827Interest-bearing balances
  • $6,202Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $57,721Net loans & leases
  • $473Loan loss allowance
  • $0Trading account assets
  • $2,196Bank premises and fixed assets
  • $2,433Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,146All other assets
  • $76,137Total liabilities and capital
  • $68,248Total liabilities
  • $67,628Total deposits
  • $53,993Interest-bearing deposits
  • $67,628Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $620All other liabilities
  • $7,889Total equity capital
  • $7,889Total bank equity capital
  • $7,889Perpetual preferred stock
  • $0Common stock
  • $3,433Surplus
  • $3,605Undivided profits
  • Memoranda
  • $851Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $798Earning assets
  • $0Long-term assets (5+ years)
  • $486Average Assets, year-to-date
  • $67,750Average Assets, quarterly
  • $4,378Volatile liabilities
  • $75,253Insider loans
  • $75,063FHLB advances
  • $6,518Loans and leases held for sale
  • $1,824Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,636Total unused commitments
  • $0Restructured Loans and leases
  • $59,465Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $6,230Total interest income
  • $2,557Total interest expense
  • $3,673Net interest income
  • $100Provision for loan and lease losses
  • $569Total noninterest income
  • $0Fiduciary activities
  • $260Service charges on deposit accounts
  • $0Trading account gains & fees
  • $309Additional noninterest income
  • $3,157Total noninterest expense
  • $1,554Salaries and employee benefits
  • $652Premises and equipment expense
  • $951Additional noninterest expense
  • $985Pre-tax net operating income
  • $0Securities gains (losses)
  • $338Applicable income taxes
  • $647Income before extraordinary items
  • $0Extraordinary gains - net
  • $647Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $173Sale, conversion, retirement of capital stock, net
  • $3Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.26%Yield on earning assets
  • 3.80%Cost of funding earning assets
  • 5.46%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 4.69%Noninterest expense to earning assets
  • 0.86%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 8.60%Return on equity (ROE)
  • 8.56%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 57.80%Credit loss provision to net charge-offs
  • 6.27%Efficiency ratio
  • 74,422Assets per employee
  • 2.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.46%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 59.27%Noncurrent assets plus other real estate owned to assets
  • 4.24%Noncurrent loans to loans
  • 1.37%Net loans and leases to deposits
  • 85.35%Net loans and leases to core deposits
  • 94.45%Equity capital to assets
  • 10.36%Core capital (leverage) ratio
  • 10.62%Tier 1 risk-based capital ratio
  • 13.20%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $75,253Average earning assets
  • $7,525Average equity
  • $67,304Average loans

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