Old Dominion National Bank

Old Dominion National Bank is headquartered in North Garden and is the 108^th largest bank in the state of Virginia. It is also the 6,445^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 13 employees at 2 locations. Old Dominion National Bank has a 3-star health rating.

Old Dominion National Bank Routing Number: 051409414

Data for Q1 2012

Institution Statistics Old Dominion National Bank FDIC Certificate # 58504 BankRate Report View Year Established 2007 Employees 13 Primary Regulator OCC Assets and Liabilities Assets $47.58 million Loans $35.30 million Deposits $43.75 million Equity Capital $3.81 million Loan Loss Allowance $720,000 Unbacked Noncurrent Loans $312,000 Real Estate Owned $916,000 Historic Data - March 2011 Assets $50.74 million Equity Capital $4.60 million Loan Loss Allowance $712,000 Unbacked Noncurrent Loans $247,000 Real Estate Owned $1.11 million Profit Margin - Quarterly Net Interest Margin 3.81% Return on Assets -2.35% Return on Equity -28.59% Interest Income $570,000

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 Old Dominion National Bank had $1.23 million in non-current loans and owned real-estate with $4.53 million in equity and loan loss allowances on hand to cover it. This gives Old Dominion National Bank a Texas Ratio of 27.14% 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 Old Dominion National Bank held steady from 25.49% as of March 31, 2011 to 27.14% as of March 31, 2012, resulting in a negative change of 6.47%. This indicates that the balance sheet and financial strength for Old Dominion National Bank has held steady in recent periods. Deposit Growth In the past year, Old Dominion National Bank has decreased its total deposits by -$2.11 million, resulting in -4.61% 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 Old Dominion National Bank has shown is below 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. Old Dominion National Bank has $47.58 million in assets with $4.53 million in equity, resulting in a capitalization level of 9.51%, which is average.

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