F & M Bank - Northern Virginia in Fairfax, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 2002

  • F & M Bank - Northern Virginia in Fairfax, Virginia (VA)
  • Show street view No street view available for this location

F & M Bank - Northern Virginia - Overview

  • General
  • FDIC Certificate #: 25865
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company of Virginia (#22584)
    Federal Reserve ID: 163923
    Date Established: Febuary 04, 1985
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 31 (Interstate: No)
    OTS Docket #: 14229
    FDIC's unique #: 32105
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 04, 1985
    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: 4117 Chain Bridge Road, Fairfax, VA 22030
    County: Fairfax City
    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): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • Financial Summary
  • Total assets: $979.7 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
  • 319Total employees (full-time equivalent)
  • $979,747Total assets
  • $56,122Cash and due from depository institutions
  • $0Interest-bearing balances
  • $206,687Securities
  • $162,146Federal funds sold & reverse repurchase agreements
  • $523,774Net loans & leases
  • $8,116Loan loss allowance
  • $0Trading account assets
  • $18,146Bank premises and fixed assets
  • $1,799Other real estate owned
  • $356Goodwill and other intangibles
  • $0Life insurance assets
  • $10,717All other assets
  • $979,747Total liabilities and capital
  • $909,444Total liabilities
  • $810,641Total deposits
  • $637,247Interest-bearing deposits
  • $810,641Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $95,025Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $630Other borrowed funds
  • $0Subordinated debt
  • $3,148All other liabilities
  • $70,303Total equity capital
  • $70,303Total bank equity capital
  • $70,303Perpetual preferred stock
  • $0Common stock
  • $12,184Surplus
  • $29,674Undivided profits
  • Memoranda
  • $28,445Noncurrent loans and leases
  • $89,719Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $698Earning assets
  • $0Long-term assets (5+ years)
  • $4,280Average Assets, year-to-date
  • $892,607Average Assets, quarterly
  • $117,820Volatile liabilities
  • $941,320Insider loans
  • $971,207FHLB advances
  • $182,936Loans and leases held for sale
  • $9,514Unused loan commitments
  • $630Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $50,474Total risk weighted assets
  • $89,719Total unused commitments
  • $0Restructured Loans and leases
  • $7,231Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $56,502Total interest income
  • $19,937Total interest expense
  • $36,565Net interest income
  • $3,373Provision for loan and lease losses
  • $13,182Total noninterest income
  • $0Fiduciary activities
  • $5,514Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,668Additional noninterest income
  • $40,506Total noninterest expense
  • $21,087Salaries and employee benefits
  • $7,554Premises and equipment expense
  • $11,865Additional noninterest expense
  • $5,868Pre-tax net operating income
  • $678Securities gains (losses)
  • $2,266Applicable income taxes
  • $4,280Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,280Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $863Sale, conversion, retirement of capital stock, net
  • $3,800Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.59%Yield on earning assets
  • 2.32%Cost of funding earning assets
  • 4.26%Net interest margin
  • 1.54%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 6.30%Return on equity (ROE)
  • 0.71%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 390.85%Credit loss provision to net charge-offs
  • 10.71%Efficiency ratio
  • 80,700Assets per employee
  • 3.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.79%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 1162.75%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 64.61%Net loans and leases to core deposits
  • 72.47%Equity capital to assets
  • 7.18%Core capital (leverage) ratio
  • 7.00%Tier 1 risk-based capital ratio
  • 11.51%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $941,320Average earning assets
  • $67,929Average equity
  • $857,848Average 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 - Northern 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