# VIRGINIA BUSINESS BANK
RICHMOND, VA · FDIC certificate 58283 · asset band <$300M · latest filing 2011-06 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 9 (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 | $83.5M | |
| Deposits | $73.0M | |
| Loans and leases | $69.1M | |
| Total equity | $499,000 | |
| Loans / deposits | 90.12% (p86 of band) | 71.80% |
| Liquid assets / assets | 16.40% (p11 of band) | |
| Uninsured deposits / deposits | 0.01% (p2 of band) | 7.92% |
| Brokered deposits | 1.53% | |
| Wholesale funding | 12.67% (p86 of band) | |
| FHLB advances / assets | 11.14% | |
| Tier 1 leverage | 0.55% (p0 of band) | 9.80% |
| Unrealized securities loss / equity | 0.00% (p12 of band) | 2.62% |
| AOCI / equity | 0.00% (p15 of band) | |
| ROA (annualized) | -5.95% (p1 of band) | 0.68% |
| Net interest margin | 3.61% (p36 of band) | 3.84% |
| Efficiency ratio | 150.39% (p98 of band) | |
| Noncurrent loans | 8.68% (p95 of band) | 1.53% |
| Net charge-offs (annualized) | 6.30% (p100 of band) | |
| Reserve coverage of noncurrent | 56.42% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 943.49% (p100 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | – | |
| Employees | 8 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 9 |  |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2010-06-03 [Virginia Business Bank tries to break out of holding pattern - Richmond BizSense](https://news.google.com/rss/articles/CBMiowFBVV95cUxOSWRrMEVEWFdReVVoczFBeHRfVGFEOU9sN3pFV3pvdl8tajE4ZTJGdTk3N3piZlNKYUhTTHNWOXNiWjhCZ21HWkt2RDdEWmhHUlVnZGQtVEdBVnMwcDE4WF9ZQXVTQy1lSHRTUG5ZMEZaNXFGVUJrRjEwN1hxUzI5MHFtSlVnb1FRT0dCUVN2VjBPeE83WjJ4Vk5pa0RXbnFROWpv?oc=5) · Richmond BizSense
- 2020-08-29 [Real Estate - Virginia Business](https://news.google.com/rss/articles/CBMiU0FVX3lxTFBub0lPSXQ2YTAzcU81cVJEaTFZcXh4aHlkUjRaMVVCNVVFUTZwSG1GRnF3NVRCd3ZUWnNaNGtsNlhNSURhVUpPRlFhN0pHQ01QMlhN?oc=5) · Virginia Business
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2023-03-13 [The collapse of Silicon Valley Bank: What does it mean? - CBC](https://news.google.com/rss/articles/CBMifEFVX3lxTE5hczFoVGFySV9FMFdlRk15bUt0YWYyc0p5aEdqMmU1cjJ5ejJsaEtBZWZzQ1hZdnRzS0dRa3FUZmFNeXRRTDJ2R3lRc1dkMlZHX0d0Vk9zZWtXR05WencydFk0dFdYN0NKbG9HM0s4bE1TbGRzU3JEWHdMb2w?oc=5) · CBC
- 2026-02-08 [Frank Miller Obituary (1937 - 2026) - Richmond, VA - Richmond Times-Dispatch - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxNZHBOMzAzRkxGaWpBRFFuMnBZd1JyaFhQZ29VcW9Ic0RSQUtEZ2pXcVBsdVlsalBmdWpuaVRtaEtmd0o5VnhnOTRHYWw1ZFMzdVJIMWlSRGdHd01XRE5lYWFDYUFxX2IxMzIwT0c3ekliODhIekMtc2dRUlNueDlKS1JuR1NqVmRGMlEwb2ZQSFZUMVE?oc=5) · legacy.com
- 2011-04-28 [The Fall of the French Empire - richmondmagazine.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOdmtXaGNyaTVnUnZTTmFXOE1NeGpGRlJqNmIyVWxqTmpWcU5raEkyMUZINHp0dEFnNHNKLWE2anVqNEZOd3hTSGZVcEdxT1FHOXdzRHBXSW8tYjVxR3VNcmNIWk0xaE9OeW1RaDJabTZfZzRoSUktLUx5dzJoQkFfQQ?oc=5) · richmondmagazine.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58283 (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/43.json (key "58283", 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