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Village Bank (VA)


Overview / Commentary
www.villagebank.com
804-897-3900
13531 Midlothian Turnpike
Midlothian, VA 23113

Village Bank (VA) is headquartered in Midlothian and is the 35th largest bank in the state of Virginia. It is also the 1,185th largest bank in the nation. It was established in 1999 and as of June of 2020, it had grown to 148 employees at 9 locations. Village Bank (VA) has an A health rating.

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Health
A

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #35111
Year Established1999
Employees148
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD12.76%
Annual Interest Income$11.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$724.2MM$534.0MM
LoansQ2 2020vs Q2 2019$622.0MM$429.8MM
DepositsQ2 2020vs Q2 2019$580.4MM$447.6MM
Equity CapitalQ2 2020vs Q2 2019$57.8MM$50.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$3.8MM$3.0MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.8MM$1.7MM
Real Estate OwnedQ2 2020vs Q2 2019$336.00K$526.00K
Rates

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Locations


Village Bank (VA) Locations
Sliding Hill Branch10035 Sliding Hill RoadAshland, VA 23005
Village Bank13531 Midlothian TurnpikeMidlothian, VA 23113
Chester Branch1440 West Hundred RoadChester, VA 23831
Forest Park Branch1501 Santa Rosa RoadRichmond, VA 23229
Willow Lawn Branch1650 Willow Lawn DriveRichmond, VA 23230
South Creek Branch1793 South Creek OnePowhatan, VA 23139
Winterpock Branch6736 Southshore DriveMidlothian, VA 23112
Mechanicsville Branch8051 Mechanicsville TurnpikeMechanicsville, VA 23111
Williamsburg Branch5372 Discovery Park BlvdWilliamsburg, VA 23188

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