FDIC Certificate #: 58700 Status: Active Federal Reserve ID: 2180410 Date Established: Febuary 05, 2008 WWW:http://www.tcva.com Trust Powers Granted: Yes Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 18054 FDIC's unique #: 463201 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: 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: Other Specialized Lending < 1 Billion Date of Deposit Insurance: Febuary 05, 2008 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 9030 Stony Point Parkway, Suite 300, Richmond, VA 23235 County: Richmond 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): Richmond-Petersburg, VA (#6760) Core Based Statistical Area (CBSA): Richmond, VA (#40060) CBSA Metro Statistical Area: Richmond, VA (#40060)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $6.7 mil Equity capital: $5.1 mil Deposits held in domestic offices: $0.5 mil Return on assets (ROA): 12.88% ($0.9 mil) Quarterly return on assets: 3.87% ($0.3 mil) Return on Equity (ROE): 16.32% ($0.8 mil) Quarterly return on equity: 4.94% ($0.2 mil) Net income: $0.8 mil Quarterly Net income: $0.1 mil Pretax return on assets: 20.78% ($1,391.2 mil) Quarterly Pretax return on assets: 6.27% ($419.8 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
43Total employees (full-time equivalent)
$6,695Total assets
$267Cash and due from depository institutions
$0Interest-bearing balances
$4,670Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$166Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$6,695Life insurance assets
$1,592All other assets
$1,571Total liabilities and capital
$500Total liabilities
$0Total deposits
$500Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,071Subordinated debt
$5,124All other liabilities
$5,124Total equity capital
$5,124Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$3,163Surplus
$1,960Undivided 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
$12Long-term assets (5+ years)
$4,670Average Assets, year-to-date
$0Average Assets, quarterly
$6,390Volatile liabilities
$6,509Insider loans
$2,834FHLB advances
$6,509Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,009Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$128Total interest income
$0Total interest expense
$128Net interest income
$0Provision for loan and lease losses
$8,626Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$8,626Additional noninterest income
$7,458Total noninterest expense
$5,452Salaries and employee benefits
$1,229Premises and equipment expense
$777Additional noninterest expense
$1,296Pre-tax net operating income
$32Securities gains (losses)
$505Applicable income taxes
$823Income before extraordinary items
$0Extraordinary gains - net
$823Net income attributable to bank
$0Net charge-offs
$823Cash dividends
$0Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.75%Yield on earning assets
0.00%Cost of funding earning assets
2.75%Net interest margin
185.21%Noninterest income to earning assets
160.13%Noninterest expense to earning assets
12.56%Net operating income to assets
12.88%Return on assets (ROA)
20.78%Pretax return on assets
16.32%Return on equity (ROE)
8.39%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
85,195Assets per employee
0.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.60%Loss allowance to loans
0.00%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
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
76.53%Core capital (leverage) ratio
76.95%Tier 1 risk-based capital ratio
176.75%Total risk-based capital ratio
Memoranda
$177Average assets
$6,390Average earning assets
$5,044Average equity
$4,657Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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