# VIRGINIA COMMERCE BANK
ARLINGTON, VA · FDIC certificate 27249 · asset band $1-10B · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (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 | $2.74B | |
| Deposits | $2.08B | |
| Loans and leases | $2.07B | |
| Total equity | $302.2M | |
| Loans / deposits | 97.31% (p83 of band) | 81.75% |
| Liquid assets / assets | 21.86% (p36 of band) | |
| Uninsured deposits / deposits | 48.83% (p92 of band) | 22.64% |
| Brokered deposits | 1.68% | |
| Wholesale funding | 14.47% (p73 of band) | |
| FHLB advances / assets | 2.19% | |
| Tier 1 leverage | 11.55% (p79 of band) | 9.73% |
| Unrealized securities loss / equity | -4.91% (p21 of band) | -1.30% |
| AOCI / equity | -4.18% (p34 of band) | |
| ROA (annualized) | 1.19% (p72 of band) | 0.93% |
| Net interest margin | 3.92% (p75 of band) | 3.53% |
| Efficiency ratio | 49.66% (p12 of band) | |
| Noncurrent loans | 1.57% (p63 of band) | 1.18% |
| Net charge-offs (annualized) | 0.41% (p88 of band) | |
| Reserve coverage of noncurrent | 120.03% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 86.60% (p94 of band) | |
| Auto loans | $87,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | -7.6% | |
| Employees | 261 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | construction >100% equity |  |
| 2011-06 | 3 | uninsured deposits >50%, reserve under noncurrent |  |
| 2011-09 | 1 |  | construction >100% equity, reserve under noncurrent |
| 2011-12 | 1 |  |  |
| 2012-03 | 3 | charge-offs p90, reserve under noncurrent |  |
| 2012-06 | 1 | wholesale funding >15% | uninsured deposits >50%, charge-offs p90, reserve under noncurrent |
| 2012-09 | 3 | reserve under noncurrent, deposits shrinking |  |
| 2012-12 | 0 |  | wholesale funding >15%, reserve under noncurrent, deposits shrinking |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | assets shrinking |  |
| 2013-09 | 2 | deposits shrinking |  |
| 2013-12 | 1 |  | assets shrinking |

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

- 2013-02-02 [United Bankshares Acquires Virginia Commerce Bank - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxOVXBSZ2JWcFVqUzBPWFEtd3BHd1dUY3BDdVVZN2dyanVzeDFaU2ZaY0otbkJLWlFNNHJMMTMxcllvdmx3TmZJbld3N1djWmt4WGF1WGNac2ZoVFpxT051Y2x6OEp6Z05fdGFlaVdvdUNDYWNTZm9idEsxaGJBcXVrS2xQOTdrUUFoN2Y1Um5ON1J2QzZ6cGRDNUZiMA?oc=5) · Patch
- 2021-06-03 [United Bank acquiring Essex Bank, its 33rd acquisition - WTOP News](https://news.google.com/rss/articles/CBMimgFBVV95cUxNMEtmODdtRGtUUWpaR1NxVjlVNFhFeGNYRmVvMlB5WjFLdUdnbXhpOXFXcENRbmc5cEYwLXZPWlRrWXBiU3N5OFMwOGdmV0FYcjdqY1hFWktDSC13b1NOdXl2U0hJYTVFd0tGNnEwemR3T0FzZDk5b3dUNW4tWTROaldrblM2NjdHaXlhWUd4bEw5bXR5Q0k1YjdB?oc=5) · WTOP News
- 2016-08-18 [United Bankshares to buy Cardinal Financial for $912 million - The Washington Post](https://news.google.com/rss/articles/CBMimAJBVV95cUxNT3dOTzhPaFNwUHVsWlVuN1lPSDRzMGpCQzBRNGE0OVpFZHVob09PYW1kVXFnMEZRME5xUHhQWUhsU1NRUVZKdzU1WDRYUWtFZjB1Q2R0Ykc2NVNsNHpqcUtCYXZtUEsxS3MyS2dzZmtBVnlzczBOQ2owZU8wbWpqSExoMGFyNFRDbnNyYlF3TmxVT0ZrZlIxVGcxU3l2UlpHMGtsd2JVMmduS2E1Mi1FcVd1Z0ZlaTZyNk45NUhMNmEtNlNKOGtLTkEwQkZHQkliZTRpMEt3cWlQSGF5YUFCcXE5WXhZakFWR240U0NEZW1BZFkxUkJhaDNwbUI5OUhYMmN6eU10MnZzRXlENW9rU0dxYmZIN0xC?oc=5) · The Washington Post
- 2013-01-31 [Peter Converse to be local president of United Bank, post merger - The Business Journals](https://news.google.com/rss/articles/CBMimAFBVV95cUxQT1F4SUZsRG9ac1RhekgxYWs4RDRvb3BmY3hqMzlGNWtFLWhrV3U4c01NQkxuOUIxUnBSR0VTc1NIQ0NabWsycW9aVHZneWhJcW9EMHA3SmFzY1lJREVidmhMX0ZkZnhHbkRLS3pLMW5kMHpJZ3Azd0xLYUNzNzVZVVI2SFZKczQ1QzZZaWZENTl2VC1FeFhtNQ?oc=5) · The Business Journals
- 2010-12-20 [Arrest made in two Hanover bank robberies - WWBT](https://news.google.com/rss/articles/CBMiakFVX3lxTE1lMmo1V3NaQVNJV05FejVJNTY3RDFQeTNxbzlyeFREam9JbnJsSVJYSjJXMzdnM1haQzNyMEl2MDQ0ZnN2Z1ZKNWFLUzE5Y3hjTTg3VE1mMnoyUmNxaFVQQ0l5NVZsVXZ4dEHSAXxBVV95cUxPbVViMGE3dEg2cEpXb05rcVExNE5RSWVNRzRMWG9oWld4TlBMZ3M2dnpfcE5EVU1oTDVNTlJNRE9FRHdubXlJZmtGRmJwbGZsUklESnVFM3dXaWpkcWExc1JTbzlhbFdBOWl3QVcwS2dqRTZNbWVLLXJ6V2h1?oc=5) · WWBT
- 2010-12-30 [Suspect Arrested in “Merry Christmas” Robbery - nbcwashington.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxPMVltYlNNclhmSnJnZUE1TTJ0QVY2UVl0NlMxbkd0eHkxcTBHZGdGZ1U4dmlhbTNCWHFQRS1nTDV4dmZSNExOc2VuazB3S3RqQmszdDBJZUtPRDRWWFEwQzEyN3NyajZHRWxnS1RFZDVBNDFjSndPeHYtclJNT0pBWkVJZWVvbVdXYUZWVGxFZS12ZkhEdy1TVNIBoAFBVV95cUxOQ3lwWFF2a2tlUExoTG9sWHc0aGFNc1VKOEc0cVpDOGhGZHZ4NkwybXFQODh0ekhNUUxDbHB0WG9sV195bzhrOTNKMW8wYllMTWNiRy1oM3A5N1FUWWw5akVKSnZjUFNWT1JicExrV21GRkNuT3F0R0lKS08zU0pXY1g5OVpaSVhTQnZSd1oyVVJzdGRnOFJUMmVNUTJvUG1r?oc=5) · nbcwashington.com
- 2017-08-17 [Virginia ex-bank vice president stole identities, scammed employers - The Washington Post](https://news.google.com/rss/articles/CBMihwJBVV95cUxNMV9VcU1TU05qMUstMjVoN0p5N01CMnJvMFN6YjZnQXJ4SDU4MGtNTTMtdGFkOGt1enZXYS1PODZvLXMwZmM1MVlOSzd1NDlEZzVVblRGMlotOWl4bEtUamtJSG5TdExvclJuUUtwTGFEQXpjYWROeHhMc0hBUGFIZWczZFVqMTRmU1ZvMkFUVGw3SFhxaEx2MzB1VDIyZ21MN0JUdlZNT2tXODJraVNTa3pOck1yMDRCalpQTmlHb3RqR2Q2Y2c1NmdaWXBYMWJXcnFlY20tLXNzRkctSy1UTEpWYjZ3REVueG5TRkZUX3VkOEw3a01QTnZpUFB1RjhKS3VDQ1VYNA?oc=5) · The Washington Post
- 2017-11-21 [Oakton Man To Pay $3.2M After Identity Fraud Scheme - Patch](https://news.google.com/rss/articles/CBMikwFBVV95cUxQaE5ndkNQcDU0b1RDTHl1Rm1Kc3ZVN2NiSV9XWUloY05tUW5ma0MzMURvbUJFRU9GV25tbEc0ck1LNTA0MURrak5xYmc0cmZzV3ItR3lGUkJWckR5UUNHaFl5RGR0RzduRHdINTkyM0pxQnhBN24tX2hXTXJNUkVRQURjNU1CM3ppMEllczBwV1RHZEk?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27249 (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/49.json (key "27249", 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