F & M Bank/Central Virginia in Charlottesville, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 2002

  • F & M Bank/Central Virginia in Charlottesville, Virginia (VA)
  • Show street view No street view available for this location

F & M Bank/Central Virginia - Overview

  • General
  • FDIC Certificate #: 21205
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company of Virginia (#22584)
    Federal Reserve ID: 926025
    Date Established: September 04, 1973
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 14 (Interstate: No)
    FDIC's unique #: 14664
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 04, 1973
    Last Structure Change Effective Date: March 16, 2002
    Last Structure Change Process Date: April 26, 2002
    Last Data Update: April 26, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 1425 Seminole Trail, Charlottesville, VA 22901
    County: Albemarle
    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): Charlottesville, VA (#1540)
    Core Based Statistical Area (CBSA): Charlottesville, VA (#16820)
    CBSA Metro Statistical Area: Charlottesville, VA (#16820)
  • Financial Summary
  • Total assets: $216.5 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, 2001)

  • Dollar figures in thousands
  • 91Total employees (full-time equivalent)
  • $216,505Total assets
  • $8,160Cash and due from depository institutions
  • $0Interest-bearing balances
  • $53,134Securities
  • $92,104Federal funds sold & reverse repurchase agreements
  • $47,573Net loans & leases
  • $1,052Loan loss allowance
  • $0Trading account assets
  • $5,689Bank premises and fixed assets
  • $0Other real estate owned
  • $8,083Goodwill and other intangibles
  • $0Life insurance assets
  • $1,762All other assets
  • $216,505Total liabilities and capital
  • $194,899Total liabilities
  • $188,314Total deposits
  • $151,098Interest-bearing deposits
  • $188,314Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,154Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,431All other liabilities
  • $21,606Total equity capital
  • $21,606Total bank equity capital
  • $21,606Perpetual preferred stock
  • $0Common stock
  • $1,881Surplus
  • $10,843Undivided profits
  • Memoranda
  • $8,882Noncurrent loans and leases
  • $4,508Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $202Earning assets
  • $0Long-term assets (5+ years)
  • $1,177Average Assets, year-to-date
  • $192,811Average Assets, quarterly
  • $7,094Volatile liabilities
  • $223,222Insider loans
  • $216,294FHLB advances
  • $17,531Loans and leases held for sale
  • $2,382Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,508Total unused commitments
  • $0Restructured Loans and leases
  • $1,005Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $12,736Total interest income
  • $5,871Total interest expense
  • $6,865Net interest income
  • $645Provision for loan and lease losses
  • $2,114Total noninterest income
  • $0Fiduciary activities
  • $1,271Service charges on deposit accounts
  • $0Trading account gains & fees
  • $843Additional noninterest income
  • $7,333Total noninterest expense
  • $3,002Salaries and employee benefits
  • $881Premises and equipment expense
  • $3,450Additional noninterest expense
  • $1,001Pre-tax net operating income
  • $1,718Securities gains (losses)
  • $925Applicable income taxes
  • $1,794Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,794Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $177Sale, conversion, retirement of capital stock, net
  • $870Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.48%Yield on earning assets
  • 2.99%Cost of funding earning assets
  • 3.49%Net interest margin
  • 1.07%Noninterest income to earning assets
  • 3.73%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.22%Pretax return on assets
  • 8.47%Return on equity (ROE)
  • 4.36%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 364.41%Credit loss provision to net charge-offs
  • 9.30%Efficiency ratio
  • 75,086Assets per employee
  • 2.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.49%Loss allowance to loans
  • 2.16%Loss allowance to noncurrent loans
  • 520.79%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 25.26%Net loans and leases to core deposits
  • 27.04%Equity capital to assets
  • 9.98%Core capital (leverage) ratio
  • 5.98%Tier 1 risk-based capital ratio
  • 15.70%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $223,222Average earning assets
  • $21,181Average equity
  • $196,660Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with F & M Bank/Central Virginia.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents