# VILLAGE BANK
MIDLOTHIAN, VA · FDIC certificate 35111 · asset band $300M-1B · latest filing 2025-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $738.6M | |
| Deposits | $639.2M | |
| Loans and leases | $600.0M | |
| Total equity | $84.3M | |
| Loans / deposits | 93.29% (p81 of band) | 80.20% |
| Liquid assets / assets | 14.80% (p14 of band) | |
| Uninsured deposits / deposits | 34.38% (p78 of band) | 25.15% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.42% (p33 of band) | |
| FHLB advances / assets | 1.35% | |
| Tier 1 leverage | 11.64% (p69 of band) | 10.44% |
| Unrealized securities loss / equity | -6.85% (p67 of band) | -13.25% |
| AOCI / equity | 1.36% (p51 of band) | |
| ROA (annualized) | -0.02% (p4 of band) | 1.02% |
| Net interest margin | 4.16% (p78 of band) | 3.54% |
| Efficiency ratio | 103.07% (p97 of band) | |
| Noncurrent loans | 0.10% (p27 of band) | 0.34% |
| Net charge-offs (annualized) | 0.00% (p28 of band) | |
| Reserve coverage of noncurrent | 588.69% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 68.70% (p66 of band) | |
| Auto loans | $689,000 (0.11% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 2.8% | |
| Employees | 120 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 3 | losing money |  |
| 2011-12 | 7 | leverage <7%, capital falling, noncurrent p90, charge-offs p90 |  |
| 2012-03 | 10 | expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving | capital falling |
| 2012-06 | 10 |  |  |
| 2012-09 | 9 |  | uninsured deposits leaving |
| 2012-12 | 9 |  |  |
| 2013-03 | 9 |  |  |
| 2013-06 | 8 |  | losing money |
| 2013-09 | 7 |  | leverage <7% |
| 2013-12 | 9 | leverage <7%, losing money |  |
| 2014-03 | 9 |  |  |
| 2014-06 | 9 |  |  |
| 2014-09 | 9 | uninsured deposits leaving | leverage <7% |
| 2014-12 | 3 |  | construction >100% equity, noncurrent p90, charge-offs p90, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-03 | 3 | noncurrent p90 | losing money |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | capital falling |  |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | losing money |  |
| 2018-03 | 4 |  | losing money |
| 2018-06 | 4 |  |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 2 |  | expense ratio p90, capital falling |
| 2019-03 | 1 |  | noncurrent p90 |
| 2019-06 | 2 | expense ratio p90 |  |
| 2019-09 | 2 | capital falling | expense ratio p90 |
| 2019-12 | 1 |  | capital falling |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | loans exceed deposits |  |
| 2020-09 | 1 |  | reserve under noncurrent |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 | reserve under noncurrent | loans exceed deposits |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | reserve under noncurrent |
| 2022-03 | 1 | reserve under noncurrent |  |
| 2022-06 | 0 |  | reserve under noncurrent |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | deposits shrinking |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | capital falling |  |
| 2023-12 | 0 |  | deposits shrinking, capital falling |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 2 | losing money, expense ratio p90 |  |

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

- 2026-03-01 [Virginia banks saw big mergers and acquisitions in 2025 - Virginia Business](https://news.google.com/rss/articles/CBMidEFVX3lxTE1WOWxCLXJ4V01nNEgwWnFpQU11bjJaam5sMWNKMThHSkFJTG1pVjhHcTNBVGt6VGJkU1V5QjFfRy1aNkpWWWUtYVBqTlFzUzFqckx4clRQejkyY1IwdVRWakZyaWp6azgweEVzVnlDQkFRUXJW?oc=5) · Virginia Business
- 2016-06-26 [Exhibit 99.1 - SEC.gov](https://news.google.com/rss/articles/CBMigAFBVV95cUxQLU9BQVBDU0NfLWVlQ3pULWp4QTVLUjNiVmJDU3M1aGItbTdlSExtaEdIc0lxLUllVzBNSHhmMlFHc2RmXzlkT21CQWpBQTN2MkNodDc4NjNQNl94Y0g3OW1lS1Ita1FzOWh1SWdrbTRYcUJXZ3dNdXhvWmVaOERBSQ?oc=5) · SEC.gov
- 2024-09-24 [TowneBank buys Virginia bank for $120M - Business North Carolina](https://news.google.com/rss/articles/CBMibkFVX3lxTE83cC1QZ2lvVXJNMmhUNll5bGRSRzZWWG5qQUY4M3ZuRkJZS2lKT2V5bmJfWHVkajJXY0JpLWdDdU5ydXJ1THhIdVNnZmZJUDBXbVNpMWlRYnVfYnRSRC0wVFJibmZlTUdrS1Q4a0xB?oc=5) · Business North Carolina
- 2025-04-04 [Virginia banks to combine in $203M deal - Banking Dive](https://news.google.com/rss/articles/CBMijwFBVV95cUxQeW5DYlFSTmgzZ1JMR2lLUDNMY0pRNnFGbC1hNE9vRTdCQ1l6bVZsZFF4TDQ3Rl9ydUFIbC0wODlLSUttVWRGMzlzbklkU3V4WlJqalViV1VmdFZfX0ktUjNpZmo2TTdyV2hvZWNOZmRHaHluNnlCYTg1aHNiaXp6b1VkYVg3cDhTNkw3dTFkcw?oc=5) · Banking Dive
- 2024-09-24 [TowneBank to expand Richmond-area footprint with $120 million acquisition - The Virginian-Pilot](https://news.google.com/rss/articles/CBMisgFBVV95cUxNZndhNTExc05WVUkzQjRNUG41WnNqVzluM0UwWUo3azB3OE9QdnpPNmdnQXFNbEQwcnluMkNzOFJyN0FtbjlrYUhIQzdFX1MyemF6QW95S0lCbWZBQXFvTXZkYUtMbHJ1aDAwTVRCSHdyNnRXLWRNaEMyZmRkcFdjaENLN05NRGV5WjlMcHdkZW5vUU5Da1JTR2RMVDVnM1hDdTlJT2t6ZTcwN2lkZjlZcFdn?oc=5) · The Virginian-Pilot
- 2025-04-03 [TowneBank finalizes acquisition of Midlothian-based Village Bank - Richmond BizSense](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOOUJDSkpLVDJpVGxHaUhYTHJuQWxIVlJ1NUJ1cTY1MjJBeUloSWNXbXM2dHlpSXBtNEdTd0hQaFFkdkFvaXNuNFhBdVNoa3dpZjk5bjdQakY1Uk9SV1RMQXpNU1pWLW1kRjctQ1FTTHoxbTNiYkJWZklqeGJoRW9sRmdzV2Z0eXNMSWQ0SjQwNHFpWHlyaGNNOG9GZ2hQdWhhbG9TcXU4bW4?oc=5) · Richmond BizSense
- 2022-06-13 [First National Bank of Waterloo to acquire The Village Bank in latest Metro East deal - KSDK](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQOGxIMWhMQnBfTXhQVHlrTW9WbmJ0UXdnNXA5TzhCNTEwZ3U2TzlVQmhfMDZaUm9Kd3V2TDNTWG0wcEw5X2F4bnVfS1dmYklaTUdRbXNjXzRwb3otUGw5ZUNGMHRfU1VSaUlQeVpCSlBxSU1OWDJuRWxpMGYwU2YwR0c3VXFVUXhzWmxhRjlpd1VDZVJDTVljSjlvdjd6VjVFUHRIOEQyUVQtU0VGLU1obVppQTZMWlNSeE9zVG1nejZEeTRkYlNQZkYxejd2LV84RzM4Ym9GYWhubllwNS1OazVqRTVkbGVXc214a0lReExHdVk?oc=5) · KSDK
- 2024-10-26 [TowneBank to acquire Village Bank for $120M - Virginia Business](https://news.google.com/rss/articles/CBMifEFVX3lxTE9KMWtpdDRPdkNkcG5DWVVrMnljNTRicDBiOHU5MXMxWmxfOWlVRk1haTN1SDg2Z3VMcTkwcGVZeUlJZ0RWV1p0bFJUUHVWWVRESmJtQk80Qko3NlozZTZfMll1anJVLTNDbHZvRnVSTmJ6V3FISDZ1NVFwLTY?oc=5) · Virginia Business

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35111 (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/39.json (key "35111", 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.

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