Bank of Northumberland, Incorporated in city_name, state_name

Bank of Northumberland, Incorporated in Heathsville, Virginia (VA)
Show street view No street view available for this location

Bank of Northumberland, Incorporated - Overview

General
FDIC Certificate #: 14329
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: EVB (#11584)
Federal Reserve ID: 196426
Date Established: March 23, 1910
WWW: http://www.bankwithbni.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Interstate: No)
FDIC's unique #: 8952
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: May 17, 1934
Last Structure Change Effective Date: April 22, 2006
Last Structure Change Process Date: April 28, 2006
Last Data Update: April 28, 2006
Data Source Date: April 05, 2012
Location
Address: 6958 Northumberland Hwy, Heathsville, VA 22473
County: Northumberland
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
Financial Summary
Total assets: $225.1 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, 2005)

Dollar figures in thousands
44Total employees (full-time equivalent)
$222,510Total assets
$4,295Cash and due from depository institutions
$0Interest-bearing balances
$39,689Securities
$0Federal funds sold & reverse repurchase agreements
$171,209Net loans & leases
$2,273Loan loss allowance
$0Trading account assets
$1,059Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$6,258All other assets
$222,510Total liabilities and capital
$204,327Total liabilities
$186,894Total deposits
$161,042Interest-bearing deposits
$186,894Deposits held in domestic offices
0.00%% insured (estimated)
$5,762Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,214Other borrowed funds
$1,000Subordinated debt
$457All other liabilities
$18,183Total equity capital
$18,183Total bank equity capital
$18,183Perpetual preferred stock
$0Common stock
$2,542Surplus
$1,865Undivided profits
Memoranda
$13,776Noncurrent loans and leases
$18,802Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$293Earning assets
$0Long-term assets (5+ years)
$1,101Average Assets, year-to-date
$210,898Average Assets, quarterly
$108,389Volatile liabilities
$212,365Insider loans
$220,763FHLB advances
$33,927Loans and leases held for sale
$1,500Unused loan commitments
$10,214Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$18,802Total unused commitments
$0Restructured Loans and leases
$2,875Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$12,694Total interest income
$3,937Total interest expense
$8,757Net interest income
$71Provision for loan and lease losses
$922Total noninterest income
$0Fiduciary activities
$611Service charges on deposit accounts
$0Trading account gains & fees
$311Additional noninterest income
$4,937Total noninterest expense
$1,887Salaries and employee benefits
$323Premises and equipment expense
$2,727Additional noninterest expense
$4,671Pre-tax net operating income
$1Securities gains (losses)
$1,297Applicable income taxes
$3,375Income before extraordinary items
$0Extraordinary gains - net
$3,375Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$133Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.34%Yield on earning assets
1.97%Cost of funding earning assets
4.37%Net interest margin
0.46%Noninterest income to earning assets
2.46%Noninterest expense to earning assets
1.59%Net operating income to assets
1.59%Return on assets (ROA)
2.20%Pretax return on assets
20.32%Return on equity (ROE)
20.32%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
53.38%Credit loss provision to net charge-offs
35.65%Efficiency ratio
51,007Assets per employee
5.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
775.77%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.17%Net loans and leases to deposits
91.61%Net loans and leases to core deposits
107.86%Equity capital to assets
8.17%Core capital (leverage) ratio
8.36%Tier 1 risk-based capital ratio
12.28%Total risk-based capital ratio
Memoranda
$14Average assets
$212,365Average earning assets
$16,606Average equity
$200,292Average loans

Bank of Northumberland, Incorporated in Heathsville, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Northumberland, Incorporated - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

Comment about this bank, ask questions, or add new information about it:

Bank of Northumberland, Incorporated in Heathsville, Virginia (VA)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Northumberland, Incorporated - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

Comment about this bank, ask questions, or add new information about it:

Bank of Northumberland, Incorporated in Heathsville, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches