FDIC Certificate #: 26871 Status: Active Federal Reserve ID: 77422 Bank Holding Company (Regulatory Top Holder): Cbb Financial Corp. (RSSDID: 3848632, Location: Midlothian, VA) Date Established: January 02, 1987 WWW:http://www.cbbonline.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 36151 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: January 02, 1987 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: 2601 Promenade Parkway, Midlothian, VA 23113 County: Chesterfield 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $143.6 mil Equity capital: $15.0 mil Deposits held in domestic offices: $118.5 mil Return on assets (ROA): 0.35% ($0.5 mil) Quarterly return on assets: 0.21% ($0.3 mil) Return on Equity (ROE): 3.59% ($0.5 mil) Quarterly return on equity: 2.01% ($0.3 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.49% ($703.7 mil) Quarterly Pretax return on assets: 0.26% ($373.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
23Total employees (full-time equivalent)
$143,618Total assets
$25,362Cash and due from depository institutions
$25,255Interest-bearing balances
$18,381Securities
$9,733Federal funds sold & reverse repurchase agreements
$80,531Net loans & leases
$3,117Loan loss allowance
$0Trading account assets
$1,122Bank premises and fixed assets
$1,970Other real estate owned
$0Goodwill and other intangibles
$143,618Life insurance assets
$6,519All other assets
$128,651Total liabilities and capital
$118,503Total liabilities
$54,335Total deposits
$118,503Interest-bearing deposits
$93Deposits held in domestic offices
8707.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,441Subordinated debt
$14,967All other liabilities
$14,967Total equity capital
$14,967Total bank equity capital
$0Perpetual preferred stock
$2,088Common stock
$6,489Surplus
$6,390Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,988Income earned, not collected on loans
$0Earning assets
$416Long-term assets (5+ years)
$133,900Average Assets, year-to-date
$21,233Average Assets, quarterly
$148,085Volatile liabilities
$144,808Insider loans
$94,743FHLB advances
$145,442Loans and leases held for sale
$3,513Unused loan commitments
$1,718Tier 1 (core) risk-based capital
$14,864Tier 2 risk-based capital
$0Total risk weighted assets
$1,795Total unused commitments
$12,263Restructured Loans and leases
$816Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,240Total interest income
$640Total interest expense
$4,600Net interest income
$1,185Provision for loan and lease losses
$2,849Total noninterest income
$0Fiduciary activities
$1,953Service charges on deposit accounts
$0Trading account gains & fees
$896Additional noninterest income
$5,531Total noninterest expense
$2,499Salaries and employee benefits
$295Premises and equipment expense
$2,737Additional noninterest expense
$733Pre-tax net operating income
$0Securities gains (losses)
$208Applicable income taxes
$525Income before extraordinary items
$0Extraordinary gains - net
$525Net income attributable to bank
$0Net charge-offs
$525Cash dividends
$1,016Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.80%Yield on earning assets
0.46%Cost of funding earning assets
3.34%Net interest margin
2.07%Noninterest income to earning assets
4.01%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.49%Pretax return on assets
3.59%Return on equity (ROE)
3.59%Retained earnings to average equity (YTD only)
1.26%Net charge-offs to loans
116.63%Credit loss provision to net charge-offs
1.89%Efficiency ratio
74,252Assets per employee
6.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.73%Loss allowance to noncurrent loans
156.79%Noncurrent assets plus other real estate owned to assets
2.76%Noncurrent loans to loans
2.38%Net loans and leases to deposits
67.96%Net loans and leases to core deposits
85.57%Equity capital to assets
10.42%Core capital (leverage) ratio
10.22%Tier 1 risk-based capital ratio
15.69%Total risk-based capital ratio
Memoranda
$17Average assets
$148,085Average earning assets
$14,628Average equity
$137,791Average loans
List of branches
1 Virginia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
36151
Community Bankers' Bank
2601 Promenade Parkway, Midlothian, VA 23113
January 02, 1987
Full Service Brick and Mortar
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