First Virginia Community Bank

11325 Random Hills Road
Fairfax, VA 22030
703-436-3800
www.firstvirginiacommunitybank.com

FDIC

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First Virginia Community Bank is headquartered in Fairfax and is the 49^th largest bank in the state of Virginia. It is also the 1,572^nd largest bank in the nation. It was established in 2007 and as of December of 2012, it had grown to 63 employees at 4 locations. First Virginia Community Bank has a 5-star health rating.

First Virginia Community Bank Routing Number: 056009505

First Virginia Community Bank To Acquire 1St Commonwealth Bank Of Virginia (Forum) - 10/13/2012

Just spotted this tonight- Might mean the end of 1st Commonweath's RCA?

Money Market Rate Special At A DC Metro Bank (Forum) - 5/28/2012

I noticed First Virginia Community Bank is adveritising this money market account special on the rotating image on its front page as of 5/28/2012. The bank is guaranteeing a 1.01% APY on balances from $100K to $2.5M on its 1st Advantage Money Market Accou

18-Month No-Penalty CD Special at First Virginia Community Bank - DC Metro Area Only - 5/11/2011

I reported on two no-penalty CDs on Sunday, but as I mentioned on Sunday, it's hard to find good deals on no-penalty CDs. For nationwide deals, Ally Bank's 11-month no-penalty CD has been one of the b ...

18-Month No-Penalty CD at First Virginia Community Bank in DC Metro Area - Local Only - 2/18/2011

A no-penalty CD can be especially useful in today's environment when there's fear that interest rates may shoot up in the next year or two. Unfortunately, no-penalty CDs are rare. The best known one i ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

First Virginia Community Bank Checking Account Rates

Apy	Min	Max	Product
0.25%	-	-	First Not For Profit Solution
0.15%	-	-	First Plus Senior Checking
0.10%	-	-	First Business Interest Checking
0.10%	-	-	First Interest Checking

First Virginia Community Bank Savings Account Rates

Apy	Min	Max	Product
0.40%	$100	-	First Business Savings
0.40%	-	-	First Student Savings
0.40%	-	-	Health Savings Account
0.40%	-	-	First Statement Savings

First Virginia Community Bank Money Market Rates

Apy	Min	Max	Product
0.40%	$25k	-	First Business Money Market
0.40%	$25k	-	First Personal Money Market

First Virginia Community Bank CD Rates

Apy	Min	Max	Product
1.55%	$1k	-	60 Month CD
1.40%	$1k	-	48 Month CD
1.40%	$1k	-	Business 48 Month CD
1.15%	$1k	-	36 Month CD
1.15%	$1k	-	Business 36 Month CD
0.75%	$1k	-	Business 12 Month CD

First Virginia Community Bank IRA Rates

Apy	Min	Max	Product
1.15%	$1k	-	36 Month IRA
1.15%	$1k	-	36 Month SEP IRA
0.75%	$1k	-	12 Month IRA
0.75%	$1k	-	12 Month SEP IRA

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

First Virginia Community Bank
FDIC Certificate #	58696
BankRate Report	View
Year Established	2007
Employees	63
Primary Regulator	FED
Assets and Liabilities
Assets	$422.37 million
Loans	$327.32 million
Deposits	$378.73 million
Equity Capital	$39.15 million
Loan Loss Allowance	$3.82 million
Unbacked Noncurrent Loans	$5.44 million
Historic Data - December 2011
Assets	$261.04 million
Equity Capital	$33.79 million
Loan Loss Allowance	$2.75 million
Unbacked Noncurrent Loans	$5.90 million
Profit Margin - Quarterly
Net Interest Margin	4.06%
Return on Assets	0.47%
Return on Equity	4.2%
Interest Income	$15.09 million

Institution Health

Overall Score:

5 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 December 31, 2012 First Virginia Community Bank had $5.44 million in non-current loans and owned real-estate with $42.97 million in equity and loan loss allowances on hand to cover it. This gives First Virginia Community Bank a Texas Ratio of 12.67% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for First Virginia Community Bank decreased slightly from 16.16% as of December 31, 2011 to 12.67% as of December 31, 2012, resulting in a positive change of 21.60%.This indicates that the balance sheet and financial strength for First Virginia Community Bank has improved slightly in recent periods.
Deposit Growth
In the past year, First Virginia Community Bank has increased its total deposits by $155.36 million, resulting in 69.55% 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 First Virginia Community Bank has shown is excellent.
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. First Virginia Community Bank has $422.37 million in assets with $42.97 million in equity, resulting in a capitalization level of 10.17%, which is above average.