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

This bank is inactive as of March 16, 2002

  • F&M Bank-Winchester in Winchester, Virginia (VA)
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F&M Bank-Winchester - Overview

  • General
  • FDIC Certificate #: 6927
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company of Virginia (#22584)
    Federal Reserve ID: 990325
    Date Established: January 13, 1902
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 34 (Interstate: No)
    OTS Docket #: 11654
    FDIC's unique #: 4655
    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: January 01, 1934
    Last Structure Change Effective Date: March 16, 2002
    Last Structure Change Process Date: April 29, 2002
    Last Data Update: April 29, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 115 North Cameron Street, Winchester, VA 22601
    County: Winchester 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
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Winchester, VA-WV (#49020)
    CBSA Metro Statistical Area: Winchester, VA-WV (#49020)
  • Financial Summary
  • Total assets: $1,413.5 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
  • 396Total employees (full-time equivalent)
  • $1,413,464Total assets
  • $41,239Cash and due from depository institutions
  • $0Interest-bearing balances
  • $80,435Securities
  • $670,579Federal funds sold & reverse repurchase agreements
  • $588,809Net loans & leases
  • $5,788Loan loss allowance
  • $0Trading account assets
  • $17,143Bank premises and fixed assets
  • $252Other real estate owned
  • $7,322Goodwill and other intangibles
  • $0Life insurance assets
  • $7,685All other assets
  • $1,413,464Total liabilities and capital
  • $1,308,242Total liabilities
  • $783,880Total deposits
  • $694,465Interest-bearing deposits
  • $783,880Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $508,150Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $16,212All other liabilities
  • $105,222Total equity capital
  • $105,222Total bank equity capital
  • $105,222Perpetual preferred stock
  • $0Common stock
  • $2,530Surplus
  • $22,348Undivided profits
  • Memoranda
  • $80,344Noncurrent loans and leases
  • $333,130Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,060Earning assets
  • $0Long-term assets (5+ years)
  • $3,788Average Assets, year-to-date
  • $1,339,823Average Assets, quarterly
  • $138,240Volatile liabilities
  • $1,164,212Insider loans
  • $1,289,008FHLB advances
  • $568,924Loans and leases held for sale
  • $11,707Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $92,733Total risk weighted assets
  • $333,130Total unused commitments
  • $0Restructured Loans and leases
  • $5,788Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $68,755Total interest income
  • $27,623Total interest expense
  • $41,132Net interest income
  • $2,000Provision for loan and lease losses
  • $24,392Total noninterest income
  • $0Fiduciary activities
  • $5,631Service charges on deposit accounts
  • $0Trading account gains & fees
  • $18,761Additional noninterest income
  • $58,750Total noninterest expense
  • $32,437Salaries and employee benefits
  • $3,015Premises and equipment expense
  • $23,298Additional noninterest expense
  • $4,774Pre-tax net operating income
  • $7,723Securities gains (losses)
  • $4,527Applicable income taxes
  • $7,970Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,970Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,753Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.36%Yield on earning assets
  • 2.55%Cost of funding earning assets
  • 3.80%Net interest margin
  • 2.26%Noninterest income to earning assets
  • 5.43%Noninterest expense to earning assets
  • 0.26%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 8.04%Return on equity (ROE)
  • 8.04%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 72.65%Credit loss provision to net charge-offs
  • 2.46%Efficiency ratio
  • 86,976Assets per employee
  • 3.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.97%Loss allowance to noncurrent loans
  • 142.56%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.68%Net loans and leases to deposits
  • 75.11%Net loans and leases to core deposits
  • 81.43%Equity capital to assets
  • 7.44%Core capital (leverage) ratio
  • 7.63%Tier 1 risk-based capital ratio
  • 14.36%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,164,212Average earning assets
  • $99,079Average equity
  • $1,081,640Average loans

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