# VIRGINIA COMMONWEALTH BANK
RICHMOND, VA · FDIC certificate 11200 · asset band $1-10B · latest filing 2020-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.22B | |
| Deposits | $1.04B | |
| Loans and leases | $1.06B | |
| Total equity | $131.7M | |
| Loans / deposits | 100.44% (p90 of band) | 82.21% |
| Liquid assets / assets | 9.72% (p4 of band) | |
| Uninsured deposits / deposits | 16.20% (p14 of band) | 30.18% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.33% (p40 of band) | |
| FHLB advances / assets | 0.82% | |
| Tier 1 leverage | 10.75% (p75 of band) | 9.64% |
| Unrealized securities loss / equity | 1.47% (p39 of band) | 2.31% |
| AOCI / equity | 0.79% (p41 of band) | |
| ROA (annualized) | -0.02% (p2 of band) | 1.04% |
| Net interest margin | 3.55% (p60 of band) | 3.39% |
| Efficiency ratio | 58.40% (p42 of band) | |
| Noncurrent loans | 1.85% (p91 of band) | 0.52% |
| Net charge-offs (annualized) | 0.05% (p58 of band) | |
| Reserve coverage of noncurrent | 70.52% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 104.06% (p95 of band) | |
| Auto loans | $1.1M (0.10% of loans; DQ 1.92%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | 10.7% | |
| Employees | 145 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **losing money** (`earn_negative`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 3 | expense ratio p90 |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 4 | uninsured deposits leaving |  |
| 2012-09 | 3 |  | uninsured deposits leaving |
| 2012-12 | 1 |  | construction >100% equity, expense ratio p90 |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | reserve under noncurrent |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | construction >100% equity |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 | reserve under noncurrent | capital falling |
| 2015-06 | 2 |  |  |
| 2015-09 | 3 | expense ratio p90 |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 2 | capital falling | construction >100% equity, expense ratio p90 |
| 2016-06 | 2 | charge-offs p90 | capital falling |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | charge-offs p90 |
| 2017-03 | 4 | loans exceed deposits, wholesale funding >15%, expense ratio p90 |  |
| 2017-06 | 3 |  | wholesale funding >15% |
| 2017-09 | 1 |  | loans exceed deposits, expense ratio p90 |
| 2017-12 | 1 | losing money | reserve under noncurrent |
| 2018-03 | 0 |  | losing money |
| 2018-06 | 1 | expense ratio p90 |  |
| 2018-09 | 2 | loans exceed deposits |  |
| 2018-12 | 3 | construction >100% equity |  |
| 2019-03 | 1 |  | expense ratio p90, construction >100% equity |
| 2019-06 | 2 | liquid assets <10% |  |
| 2019-09 | 1 |  | liquid assets <10% |
| 2019-12 | 0 |  | loans exceed deposits |
| 2020-03 | 0 |  |  |
| 2020-06 | 4 | loans exceed deposits, losing money, reserve under noncurrent, construction >100% equity |  |
| 2020-09 | 4 | noncurrent p90 | loans exceed deposits |
| 2020-12 | 6 | loans exceed deposits, liquid assets <10% |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-02-01 [Blue Ridge Bankshares, Inc. and Bay Banks of Virginia, Inc. Complete Merger - PR Newswire](https://news.google.com/rss/articles/CBMixgFBVV95cUxOalpoSTRLRHZHSmx3M0RlZHRKNUp1REV4N0FFd3JKV3FLVV9GMWVkcEpzWG5WNmdyZDhRaGpoZ2pPZzNDRlJNLTlBT1hsSUxPRVVSc3ZfNDU4VXd4YVc3QjF1MWFrSHZuYmxlR0xnXzlvWTNXMVJ5MTVxbV8zV2lhN0VYR3hMNzkwRDJSZ2F1eVdSVzFsQVpzWXN2U1FpVkhlSlNSQThhZ1V2RVViWTlGN2pvRm8yY09NaXhQXzRxbWNCOHkyYnc?oc=5) · PR Newswire
- 2017-04-04 [Bank of Lancaster and Virginia Commonwealth Bank celebrate merger - wtvr.com](https://news.google.com/rss/articles/CBMiYkFVX3lxTE1tVDlwQkF6R0FrcXRpX0hvczhYdVI1cnJITWlPYzQ1NURuZXhocF9neUw0RmU1d3A5Z3dFNEltVTVFZFE2NGNLYXJvek9SRjlsTnVySjdLd1JSanFyVHRlTnB3?oc=5) · wtvr.com
- 2017-04-03 [Virginia Commonwealth Bank and Bank of Lancaster Complete Merger - PR Newswire](https://news.google.com/rss/articles/CBMivAFBVV95cUxNNEpHMFVtN0d5RUlNNGEwTXJVUWZCam1RTk9KTU5icWhDQUo2NXQ4RkRrNERHUHY0QmZ3Uk9RRk9FLW5IOEZpcmZBWTF0T1BOVzFnZGFDS2Q1V1ZnRFU4SUZtdlhDWFZNZnN0YjJpbnlqQXRFMUFwRm5aelNTZzdNdVlSWGtocVNpMVB1cmRBd2pJSzRZVU0wUF8wbzNRWlNwMHRQQlFPYXBjOFlOamZUdlZTT1lCVW5wTWZ1cQ?oc=5) · PR Newswire
- 2009-09-18 [Robber assaults bank teller during brazen heist - WWBT](https://news.google.com/rss/articles/CBMilwFBVV95cUxPN0ZaM0RrdjdxOTJyWEtuVl82NGo0TW5OY3hEc0hWd2E5U2lxclZlNldCQVFDMFdLWWJjbWhPazRDNmUyMlZoLUZHQ3JlczRMckJOaXIwTnFfWDVnZG1lcjM3Qk5HTlo5eVE5VVhKWF9ZWjU5Z21wUW5OaWJjZWFabFVCbzRSam1BdDBIN093cUx6OWpCUmww0gGqAUFVX3lxTE8zS1NNSVJQYnl4OVFzU2lhM0ZVUFNJeF9oaXlVdExtTnY1QVhmMXVQQWtwYndnQjQxVUN1ZGk3ODJoTG5xS2NDeGxPWWdtQWk4YWN2NmJqLVR1R0Fqb29rUGJ2Yy1KdFNmRnJSY3FsTjUycUs5TUdFWFBiTmZCTVpWWDZYcjB1a1U3dzlRR3dQdm9aMnYxWEhqLU1xWFUzaUZuZk1Kb3l2WFFn?oc=5) · WWBT
- 2019-07-31 [William Savage Obituary - Richmond, VA - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxPSHh1OExEUnRKdDlOSXpWMUZycVFLMlJnYXNIWHNXSVNLSkZCb3JiQTgwSkZhUkkzSlN2S1o4dUlRc0E2VnN1ajhOZVc4YkNTS2VzV1RaT0tMWjdvMnNwMUtoSjd5Ymt6eDd5OU9qU0FocHk5ektUd0JTaGhHRmdDckJkcw?oc=5) · Dignity Memorial
- 2018-10-05 [Top Virginia Beach Commercial Banker, Steve Layden, Joins Virginia Commonwealth Bank - PR Newswire](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNTUdOYnUwdDhzR3hvT04xR2xsbFU4b2tVNTFGd1VUbHpmV2h4bHJ6dkdpRklNNnYxcHNRY2ZaNlN5WVpUYld4UDdJSTNUTTRWZ3E4dTFrZS1zTlVMdEJhLU5ZVUgwUEpzRENrUlh5OTRYa1FBY3FPWG5NS3FKNGJSM211el9Ma29WaGlZeTZHR0JrRVkwR01VSlBoejBQOEpHcU0ybFNleTRYWkFNcUNBaHZMN0c5TVRQUEhGSVZkdXhQeEpSTFBpdnZQd05BWGw5Ri12cg?oc=5) · PR Newswire
- 2010-04-23 [Petersburg man sentenced to 30 years for string of armed robberies - WWBT](https://news.google.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?oc=5) · WWBT
- 2017-07-11 [Virginia Commonwealth Bank Welcomes Mark Herndon To Its Richmond Community Board - PR Newswire](https://news.google.com/rss/articles/CBMi0gFBVV95cUxOOW5nYVVtZmJ2SVk1My1kYzBZT1d1Q0pJYjVQUnFrdkhaZGpaWVZBWGZUYVpGQk54cE4zLXdpNmg0WEM5YlZidXhNSkliZkpPSWxrUmtJQnhLYjdFMzVwanJpcnhTZzg5aDBHSkdya2F5STFqcFlwLWtibk9ZVFl2SzZIQzR2MnJBdmRqaDlKdHUzZUNRLThWTFlUNnY4cjEwYnkyTi01S29fLV9vMlp0QkJBVWZZeU05am1NbXZGel9QQkloTE1qcTVjTDVrTGpXcFE?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11200 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/0.json (key "11200", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide