Blue Ridge Bank, National Association in Martinsburg, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 22, 1997

  • Blue Ridge Bank, National Association in Martinsburg, West Virginia (WV)
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Blue Ridge Bank, National Association - Overview

  • General
  • FDIC Certificate #: 33638
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank of West Virginia (#17735)
    Federal Reserve ID: 1982363
    Date Established: August 17, 1992
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 13063
    FDIC's unique #: 47705
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: August 17, 1992
    Last Structure Change Effective Date: December 22, 1997
    Last Structure Change Process Date: January 07, 1998
    Last Data Update: January 07, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 420 South Raleigh Street, Martinsburg, WV 25401
    County: Berkeley
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Scott Depot
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Core Based Statistical Area (CBSA): Hagerstown-Martinsburg, MD-WV (#25180)
    CBSA Metro Statistical Area: Hagerstown-Martinsburg, MD-WV (#25180)
  • Financial Summary
  • Total assets: $131.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $59Total assets
  • $85,105Cash and due from depository institutions
  • $6,106Interest-bearing balances
  • $55Securities
  • $17,305Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $57,372Loan loss allowance
  • $563Trading account assets
  • $0Bank premises and fixed assets
  • $906Other real estate owned
  • $52Goodwill and other intangibles
  • $984Life insurance assets
  • $2,380All other assets
  • $0Total liabilities and capital
  • $85,105Total liabilities
  • $73,863Total deposits
  • $67,243Interest-bearing deposits
  • $61,089Deposits held in domestic offices
  • 67243.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $2,153Trading liabilities
  • $0Other borrowed funds
  • $4,000Subordinated debt
  • $0All other liabilities
  • $467Total equity capital
  • $467Total bank equity capital
  • $11,242Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $11,175Undivided profits
  • Memoranda
  • $-183Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4Income earned, not collected on loans
  • $384Earning assets
  • $74,732Long-term assets (5+ years)
  • $7,565Average Assets, year-to-date
  • $98,197Average Assets, quarterly
  • $92,789Volatile liabilities
  • $12,467Insider loans
  • $261FHLB advances
  • $0Loans and leases held for sale
  • $892Unused loan commitments
  • $2,748Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,846Total risk weighted assets
  • $44,386Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $8,075Total interest expense
  • $3,948Net interest income
  • $4,127Provision for loan and lease losses
  • $300Total noninterest income
  • $546Fiduciary activities
  • $0Service charges on deposit accounts
  • $454Trading account gains & fees
  • $0Additional noninterest income
  • $92Total noninterest expense
  • $3,725Salaries and employee benefits
  • $1,548Premises and equipment expense
  • $472Additional noninterest expense
  • $1,705Pre-tax net operating income
  • $648Securities gains (losses)
  • $0Applicable income taxes
  • $244Income before extraordinary items
  • $404Extraordinary gains - net
  • $0Net income attributable to bank
  • $404Net charge-offs
  • $26Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.00%Cost of funding earning assets
  • 4.40%Net interest margin
  • 4.60%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 4.15%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 0.66%Return on equity (ROE)
  • 3.66%Retained earnings to average equity (YTD only)
  • 3.66%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 1153.85%Efficiency ratio
  • 75,348Assets per employee
  • 1.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.97%Loss allowance to noncurrent loans
  • 14075.00%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 85.32%Net loans and leases to core deposits
  • 94.16%Equity capital to assets
  • 13.21%Core capital (leverage) ratio
  • 8.49%Tier 1 risk-based capital ratio
  • 19.93%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $98,197Average earning assets
  • $11,035Average equity
  • $89,747Average loans

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