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703-436-3800
11325 Random Hills Road
Fairfax, VA 22030

First Virginia Community Bank is headquartered in Fairfax and is the 42nd largest bank in the state of Virginia. It is also the 1,280th largest bank in the nation. It was established in 2007 and as of March of 2014, it had grown to 67 employees at 4 locations. First Virginia Community Bank has a A+ health rating.

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Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Virginia Community Bank had $2.92 million in non-current loans and owned real-estate with $67.05 million in equity and loan loss allowances on hand to cover it. This gives First Virginia Community Bank a Texas Ratio of 4.35% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for First Virginia Community Bank decreased dramatically from 9.94% as of March 31, 2013 to 4.35% as of March 31, 2014, resulting in a positive change of 56.24%.This indicates that the balance sheet and financial strength for First Virginia Community Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, First Virginia Community Bank has increased its total deposits by $84.5 million, resulting in 22.53% 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 First Virginia Community Bank has shown is excellent.

Capitalization

GRADE:
A+

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. First Virginia Community Bank has $527.89 million in assets with $67.05 million in equity, resulting in a capitalization level of 12.70%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58696
Year Established2007
Employees67
Primary RegulatorFED
Assets and Liabilities
Assets$527.89 million
Loans$415.16 million
Deposits$459.47 million
Equity Capital$62.23 million
Loan Loss Allowance$4.83 million
Unbacked Noncurrent Loans$2.92 million
Real Estate Owned$0
Historic Data - March 2013
Assets$419.50 million
Equity Capital$39.67 million
Loan Loss Allowance$3.86 million
Unbacked Noncurrent Loans$2.92 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.46%
Return on Assets0.63%
Return on Equity5.27%
Interest Income$5.05 million
Rates

Always verify rates and promotions with the bank or credit union. We are not First Virginia Community Bank, we are a rate comparison website and can not provide official rates or promotions.

First Virginia Community Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--First Business Savings
0.30%--First Student Savings
0.30%--Health Savings Account
0.30%--First Statement Savings

First Virginia Community Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$25k-Business Money Market
0.20%$25k-Personal Money Market

First Virginia Community Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Not For Profit Solution
0.15%--Senior Checking
0.10%--Business Interest Checking
0.10%--Interest Checking

First Virginia Community Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.40%--60 Month CD
1.20%--48 Month CD
1.20%--Business 48 Month CD
1.00%--36 Month CD
1.00%--Business 36 Month CD
0.45%--Business 12 Month CD

First Virginia Community Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-36 Month IRA
0.45%--12 Month IRA
Locations


First Virginia Community Bank Locations
Reston Office Branch11260 Roger Bacon Drive, Suite 101Reston, VA 20190
First Virginia Community Bank11325 Random Hills RoadFairfax, VA 22030
Arlington Branch2500 Wilson Boulevard Suite 100Arlington, VA 22201
Sudley Office7900 Sudley Road, Suite 100Manassas, VA 20109