The Blue Grass Valley Bank in city_name, state_name - Detailed Financial Reports, Location

The Blue Grass Valley Bank in Blue Grass, Virginia (VA)
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The Blue Grass Valley Bank routing number info

The Blue Grass Valley Bank - Overview

General
FDIC Certificate #: 8672
Status: Active
Federal Reserve ID: 755421
Date Established: December 02, 1915
WWW: http://www.bluegrassvalleybank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 15735
FDIC's unique #: 5527
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
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: 2583 Blue Grass Valley Road, Blue Grass, VA 24413
County: Highland
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
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $35.4 mil
Equity capital: $4.0 mil
Deposits held in domestic offices: $31.2 mil
Return on assets (ROA): 0.60% ($0.2 mil)
Quarterly return on assets: 0.71% ($0.2 mil)
Return on Equity (ROE): 5.42% ($0.2 mil)
Quarterly return on equity: 6.20% ($0.2 mil)
Net income: $0.2 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.89% ($314.8 mil)
Quarterly Pretax return on assets: 1.04% ($367.8 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
12Total employees (full-time equivalent)
$35,370Total assets
$987Cash and due from depository institutions
$136Interest-bearing balances
$2,318Securities
$1,022Federal funds sold & reverse repurchase agreements
$28,966Net loans & leases
$568Loan loss allowance
$0Trading account assets
$908Bank premises and fixed assets
$505Other real estate owned
$0Goodwill and other intangibles
$35,370Life insurance assets
$664All other assets
$31,394Total liabilities and capital
$31,183Total liabilities
$26,588Total deposits
$31,183Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$211Subordinated debt
$3,976All other liabilities
$3,976Total equity capital
$3,976Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$69Surplus
$3,407Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,495Income earned, not collected on loans
$0Earning assets
$272Long-term assets (5+ years)
$32,442Average Assets, year-to-date
$736Average Assets, quarterly
$35,550Volatile liabilities
$35,057Insider loans
$27,666FHLB advances
$35,069Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,976Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,904Restructured Loans and leases
$928Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,893Total interest income
$517Total interest expense
$1,376Net interest income
$96Provision for loan and lease losses
$103Total noninterest income
$0Fiduciary activities
$55Service charges on deposit accounts
$0Trading account gains & fees
$48Additional noninterest income
$1,067Total noninterest expense
$527Salaries and employee benefits
$114Premises and equipment expense
$426Additional noninterest expense
$316Pre-tax net operating income
$0Securities gains (losses)
$102Applicable income taxes
$214Income before extraordinary items
$0Extraordinary gains - net
$214Net income attributable to bank
$0Net charge-offs
$214Cash dividends
$45Sale, conversion, retirement of capital stock, net
$104Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.78%Yield on earning assets
1.58%Cost of funding earning assets
4.20%Net interest margin
0.31%Noninterest income to earning assets
3.26%Noninterest expense to earning assets
0.60%Net operating income to assets
0.60%Return on assets (ROA)
0.89%Pretax return on assets
5.42%Return on equity (ROE)
2.78%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
213.33%Credit loss provision to net charge-offs
9.16%Efficiency ratio
72,143Assets per employee
2.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.60%Loss allowance to loans
1.92%Loss allowance to noncurrent loans
37.99%Noncurrent assets plus other real estate owned to assets
5.65%Noncurrent loans to loans
5.06%Net loans and leases to deposits
92.89%Net loans and leases to core deposits
92.89%Equity capital to assets
11.24%Core capital (leverage) ratio
11.34%Tier 1 risk-based capital ratio
14.37%Total risk-based capital ratio
Memoranda
$16Average assets
$35,550Average earning assets
$3,950Average equity
$32,758Average loans

List of branches

2 Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	5527	The Blue Grass Valley Bank	2583 Blue Grass Valley Road, Blue Grass, VA 24413	December 02, 1915	Full Service Brick and Mortar
1	358769	Monterey Branch	East Main Street, Monterey, VA 24465	November 13, 2000	Full Service Brick and Mortar

The Blue Grass Valley Bank in Blue Grass, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Blue Grass Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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The Blue Grass Valley Bank in Blue Grass, Virginia (VA)Overview, Financial Summary, Detailed Financial Reports, Branches

The Blue Grass Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

The Blue Grass Valley Bank in Blue Grass, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches