FDIC Certificate #: 57770 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Transcommunity Bank, National Association (#57309) Federal Reserve ID: 3237825 Date Established: April 19, 2004 WWW:http://www.bankoflouisa.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 424230 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: April 19, 2004 Last Structure Change Effective Date: June 30, 2007 Last Structure Change Process Date: July 11, 2007 Last Data Update: July 11, 2007 Data Source Date: April 05, 2012
Location
Address: 217 East Main Street, Louisa, VA 23093 County: Louisa 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 Core Based Statistical Area (CBSA): Richmond, VA (#40060) CBSA Metro Statistical Area: Richmond, VA (#40060)
Financial Summary
Total assets: $33.7 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
10Total employees (full-time equivalent)
$31,049Total assets
$685Cash and due from depository institutions
$0Interest-bearing balances
$5,612Securities
$85Federal funds sold & reverse repurchase agreements
$21,818Net loans & leases
$271Loan loss allowance
$0Trading account assets
$2,289Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$560All other assets
$31,049Total liabilities and capital
$26,134Total liabilities
$25,995Total deposits
$23,195Interest-bearing deposits
$25,995Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$139All other liabilities
$4,915Total equity capital
$4,915Total bank equity capital
$4,915Perpetual preferred stock
$0Common stock
$1,500Surplus
$4,500Undivided profits
Memoranda
$-1,085Noncurrent loans and leases
$8,762Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$309Earning assets
$0Long-term assets (5+ years)
$188Average Assets, year-to-date
$27,515Average Assets, quarterly
$420Volatile liabilities
$30,187Insider loans
$30,690FHLB advances
$6,745Loans and leases held for sale
$117Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,762Total unused commitments
$0Restructured Loans and leases
$271Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$2,064Total interest income
$709Total interest expense
$1,355Net interest income
$24Provision for loan and lease losses
$236Total noninterest income
$0Fiduciary activities
$69Service charges on deposit accounts
$0Trading account gains & fees
$167Additional noninterest income
$1,457Total noninterest expense
$656Salaries and employee benefits
$244Premises and equipment expense
$557Additional noninterest expense
$110Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$110Income before extraordinary items
$0Extraordinary gains - net
$110Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.83%Yield on earning assets
2.69%Cost of funding earning assets
5.14%Net interest margin
0.90%Noninterest income to earning assets
5.53%Noninterest expense to earning assets
0.36%Net operating income to assets
0.36%Return on assets (ROA)
0.36%Pretax return on assets
2.28%Return on equity (ROE)
2.28%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
91,578Assets per employee
3.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
87.70%Noncurrent assets plus other real estate owned to assets
1.00%Noncurrent loans to loans
1.40%Net loans and leases to deposits
83.93%Net loans and leases to core deposits
113.34%Equity capital to assets
15.83%Core capital (leverage) ratio
15.97%Tier 1 risk-based capital ratio
17.34%Total risk-based capital ratio
Memoranda
$18Average assets
$30,187Average earning assets
$4,822Average equity
$26,346Average loans
Total Fiduciary and Related Assets (December 31, 2004)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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