Colonial Virginia Bank

Colonial Virginia Bank is headquartered in Gloucester and is the 92^nd largest bank in the state of Virginia. It is also the 4,342^nd largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 32 employees at 3 locations. Colonial Virginia Bank has a 3-star health rating.

Colonial Virginia Bank Routing Number: 051409210

Data for Q1 2012

Institution Statistics Colonial Virginia Bank FDIC Certificate # 57630 BankRate Report View Year Established 2003 Employees 32 Primary Regulator FED Assets and Liabilities Assets $125.57 million Loans $80.47 million Deposits $108.58 million Equity Capital $11.41 million Loan Loss Allowance $2.13 million Unbacked Noncurrent Loans $2.15 million Real Estate Owned $749,000 Historic Data - March 2011 Assets $122.96 million Equity Capital $12.04 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $560,000 Profit Margin - Quarterly Net Interest Margin 4.43% Return on Assets -0.48% Return on Equity -5.3% Interest Income $1.43 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Colonial Virginia Bank had $2.9 million in non-current loans and owned real-estate with $13.54 million in equity and loan loss allowances on hand to cover it. This gives Colonial Virginia Bank a Texas Ratio of 21.40% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Colonial Virginia Bank increased slightly from 4.20% as of March 31, 2011 to 21.40% as of March 31, 2012, resulting in a negative change of 409.33%. This indicates that the balance sheet and financial strength for Colonial Virginia Bank has declined slightly in recent periods. Deposit Growth In the past year, Colonial Virginia Bank has increased its total deposits by $4.72 million, resulting in 4.55% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Colonial Virginia Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Colonial Virginia Bank has $125.57 million in assets with $13.54 million in equity, resulting in a capitalization level of 10.78%, which is above average.

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