Valley Bank in Roanoke, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Valley Bank - Overview

  • General
  • FDIC Certificate #: 34019
    Status: Active
    Federal Reserve ID: 2303086
    Bank Holding Company (Regulatory Top Holder): Valley Financial Corporation (RSSDID: 2314327, Location: Roanoke, VA)
    Date Established: May 15, 1995
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 14686
    FDIC's unique #: 55597
    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: Commercial Lending Specialization
    Date of Deposit Insurance: May 15, 1995
    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: 36 Church Avenue Southwest, Roanoke, VA 24011
    County: Roanoke 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): Roanoke, VA (#6800)
    Core Based Statistical Area (CBSA): Roanoke, VA (#40220)
    CBSA Metro Statistical Area: Roanoke, VA (#40220)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $771.2 mil
    Equity capital: $71.6 mil
    Deposits held in domestic offices: $633.5 mil
    Return on assets (ROA): 0.80% ($6.2 mil)
    Quarterly return on assets: 1.00% ($7.7 mil)
    Return on Equity (ROE): 9.17% ($6.6 mil)
    Quarterly return on equity: 10.77% ($7.8 mil)
    Net income: $6.2 mil
    Quarterly Net income: $1.9 mil
    Pretax return on assets: 1.12% ($8,637.0 mil)
    Quarterly Pretax return on assets: 1.45% ($11,181.9 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
  • 134Total employees (full-time equivalent)
  • $771,163Total assets
  • $30,569Cash and due from depository institutions
  • $22,296Interest-bearing balances
  • $189,235Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $497,487Net loans & leases
  • $9,650Loan loss allowance
  • $0Trading account assets
  • $7,491Bank premises and fixed assets
  • $17,040Other real estate owned
  • $0Goodwill and other intangibles
  • $771,163Life insurance assets
  • $29,341All other assets
  • $699,611Total liabilities and capital
  • $633,466Total liabilities
  • $615,563Total deposits
  • $633,466Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 18646.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $43,000Trading liabilities
  • $0Other borrowed funds
  • $4,499Subordinated debt
  • $71,552All other liabilities
  • $71,552Total equity capital
  • $71,552Total bank equity capital
  • $0Perpetual preferred stock
  • $40,639Common stock
  • $0Surplus
  • $30,913Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $640Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,193Income earned, not collected on loans
  • $0Earning assets
  • $2,401Long-term assets (5+ years)
  • $709,018Average Assets, year-to-date
  • $278,520Average Assets, quarterly
  • $776,140Volatile liabilities
  • $761,247Insider loans
  • $561,747FHLB advances
  • $762,006Loans and leases held for sale
  • $16,565Unused loan commitments
  • $16,565Tier 1 (core) risk-based capital
  • $70,885Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $119,097Restructured Loans and leases
  • $27,074Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $32,688Total interest income
  • $7,993Total interest expense
  • $24,695Net interest income
  • $224Provision for loan and lease losses
  • $1,893Total noninterest income
  • $0Fiduciary activities
  • $923Service charges on deposit accounts
  • $0Trading account gains & fees
  • $970Additional noninterest income
  • $18,669Total noninterest expense
  • $9,081Salaries and employee benefits
  • $1,514Premises and equipment expense
  • $8,074Additional noninterest expense
  • $7,695Pre-tax net operating income
  • $1,017Securities gains (losses)
  • $2,501Applicable income taxes
  • $6,211Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,211Net income attributable to bank
  • $0Net charge-offs
  • $6,211Cash dividends
  • $1,577Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.57%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 9.17%Return on equity (ROE)
  • 9.17%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 14.20%Credit loss provision to net charge-offs
  • 5.02%Efficiency ratio
  • 70,216Assets per employee
  • 5.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.90%Loss allowance to noncurrent loans
  • 134.16%Noncurrent assets plus other real estate owned to assets
  • 3.14%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 78.53%Net loans and leases to core deposits
  • 88.05%Equity capital to assets
  • 9.28%Core capital (leverage) ratio
  • 9.30%Tier 1 risk-based capital ratio
  • 12.62%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $776,140Average earning assets
  • $67,711Average equity
  • $715,954Average loans

Bank Assets Sold and Securitized (December 31, 2002)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $6821-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $791Commercial and industrial loans
  • $1,559All other loans and all leases

List of branches

  • 8 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    055597Valley Bank36 Church Avenue Southwest, Roanoke, VA 24011May 15, 1995Full Service Brick and Mortar
    1290310Tanglewood Branch4467 Starkey Road Southwest, Roanoke, VA 24014September 11, 1995Full Service Brick and Mortar
    2290311South Roanoke Branch2203 Crystal Spring Avenue, S.W., Roanoke, VA 24014January 15, 1997Full Service Brick and Mortar
    3290312Salem Branch8 East Main Street, Salem, VA 24153April 12, 1999Full Service Brick and Mortar
    4361214Hershberger Branch1518 Hershberger Road, Roanoke, VA 24012May 07, 2001Full Service Brick and Mortar
    5364509Vinton Branch1003 Hardy Road, Vinton, VA 24179May 20, 2002Full Service Brick and Mortar
    6430908Lewis Gale Branch3850 Keagy Road, Roanoke, VA 24018December 09, 2003Full Service Brick and Mortar
    7440230Grandin Village1327 Grandin Road, Roanoke, VA 24015May 02, 2005Full Service Brick and Mortar

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