FDIC Certificate #: 27798 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:FNB Salem Bank and Trust, National Association (#22665) Federal Reserve ID: 633770 Date Established: January 01, 1927 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 #: 296 FDIC's unique #: 40632 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes State Chartered: No Date of Deposit Insurance: December 27, 1945 Last Structure Change Effective Date: May 06, 2002 Last Structure Change Process Date: July 18, 2002 Last Data Update: July 18, 2002 Data Source Date: April 05, 2012
Location
Address: Campbell And Second Street, Southwest, Roanoke, VA 24011 County: Roanoke 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): Roanoke, VA (#6800) Core Based Statistical Area (CBSA): Roanoke, VA (#40220) CBSA Metro Statistical Area: Roanoke, VA (#40220)
Financial Summary
Total assets: $86.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
31Total employees (full-time equivalent)
$90,677Total assets
$4,037Cash and due from depository institutions
$1,755Interest-bearing balances
$22,485Securities
$0Federal funds sold & reverse repurchase agreements
$58,863Net loans & leases
$804Loan loss allowance
$0Trading account assets
$2,610Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,682All other assets
$90,677Total liabilities and capital
$83,889Total liabilities
$75,977Total deposits
$72,405Interest-bearing deposits
$75,977Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,937Other borrowed funds
$0Subordinated debt
$975All other liabilities
$6,788Total equity capital
$6,788Total bank equity capital
$6,788Perpetual preferred stock
$0Common stock
$0Surplus
$2,618Undivided profits
Memoranda
$4,170Noncurrent loans and leases
$8,222Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$43Earning assets
$0Long-term assets (5+ years)
$462Average Assets, year-to-date
$83,103Average Assets, quarterly
$31,300Volatile liabilities
$90,931Insider loans
$92,593FHLB advances
$8,009Loans and leases held for sale
$304Unused loan commitments
$6,937Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,222Total unused commitments
$0Restructured Loans and leases
$731Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$3,904Total interest income
$1,999Total interest expense
$1,905Net interest income
$37Provision for loan and lease losses
$281Total noninterest income
$0Fiduciary activities
$86Service charges on deposit accounts
$0Trading account gains & fees
$195Additional noninterest income
$1,715Total noninterest expense
$853Salaries and employee benefits
$262Premises and equipment expense
$600Additional noninterest expense
$434Pre-tax net operating income
$10Securities gains (losses)
$129Applicable income taxes
$315Income before extraordinary items
$0Extraordinary gains - net
$315Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$23Sale, conversion, retirement of capital stock, net
$2,428Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.65%Yield on earning assets
2.38%Cost of funding earning assets
2.27%Net interest margin
0.33%Noninterest income to earning assets
2.04%Noninterest expense to earning assets
0.34%Net operating income to assets
0.35%Return on assets (ROA)
0.49%Pretax return on assets
3.98%Return on equity (ROE)
-26.67%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
160.87%Credit loss provision to net charge-offs
20.48%Efficiency ratio
78,454Assets per employee
2.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
770.79%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
1869.77%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.07%Net loans and leases to deposits
77.47%Net loans and leases to core deposits
86.60%Equity capital to assets
7.49%Core capital (leverage) ratio
6.36%Tier 1 risk-based capital ratio
9.96%Total risk-based capital ratio
Memoranda
$11Average assets
$90,931Average earning assets
$7,924Average equity
$83,956Average loans
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