Peoples Bank of Virginia

Peoples Bank of Virginia is headquartered in Richmond and is the 67^th largest bank in the state of Virginia. It is also the 2,338^th largest bank in the nation. It was established in 2002 and as of March of 2012, it had grown to 37 employees at 4 locations. Peoples Bank of Virginia has a 5-star health rating.

Peoples Bank of Virginia Routing Number: 051409142

Data for Q1 2012

Institution Statistics Peoples Bank of Virginia FDIC Certificate # 57364 BankRate Report View Year Established 2002 Employees 37 Primary Regulator FED Assets and Liabilities Assets $276.54 million Loans $183.78 million Deposits $236.44 million Equity Capital $39.52 million Loan Loss Allowance $4.05 million Unbacked Noncurrent Loans $3.05 million Real Estate Owned $175,000 Historic Data - March 2011 Assets $290.40 million Equity Capital $37.47 million Loan Loss Allowance $4.08 million Unbacked Noncurrent Loans $2.23 million Real Estate Owned $50,000 Profit Margin - Quarterly Net Interest Margin 3.03% Return on Assets 0.64% Return on Equity 4.58% Interest Income $2.81 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 March 31, 2012 Peoples Bank of Virginia had $3.22 million in non-current loans and owned real-estate with $43.57 million in equity and loan loss allowances on hand to cover it. This gives Peoples Bank of Virginia a Texas Ratio of 7.39% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Peoples Bank of Virginia held steady from 5.52% as of March 31, 2011 to 7.39% as of March 31, 2012, resulting in a negative change of 33.86%. This indicates that the balance sheet and financial strength for Peoples Bank of Virginia has held steady in recent periods. Deposit Growth In the past year, Peoples Bank of Virginia has decreased its total deposits by -$11.91 million, resulting in -4.79% 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 Peoples Bank of Virginia 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. Peoples Bank of Virginia has $276.54 million in assets with $43.57 million in equity, resulting in a capitalization level of 15.76%, which is excellent.

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