# VIRGINIA PARTNERS BANK
FREDERICKSBURG, VA · FDIC certificate 58824 · asset band $300M-1B · latest filing 2023-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $637.2M | |
| Deposits | $544.9M | |
| Loans and leases | $523.6M | |
| Total equity | $55.0M | |
| Loans / deposits | 94.92% (p81 of band) | 79.68% |
| Liquid assets / assets | 13.79% (p14 of band) | |
| Uninsured deposits / deposits | 29.12% (p66 of band) | 24.93% |
| Brokered deposits | 4.62% | |
| Wholesale funding | 9.60% (p67 of band) | |
| FHLB advances / assets | 4.68% | |
| Tier 1 leverage | 9.50% (p31 of band) | 10.32% |
| Unrealized securities loss / equity | -23.21% (p56 of band) | -27.41% |
| AOCI / equity | -3.65% (p37 of band) | |
| ROA (annualized) | 0.80% (p32 of band) | 1.05% |
| Net interest margin | 3.71% (p63 of band) | 3.46% |
| Efficiency ratio | 70.14% (p63 of band) | |
| Noncurrent loans | 0.01% (p14 of band) | 0.25% |
| Net charge-offs (annualized) | 0.00% (p26 of band) | |
| Reserve coverage of noncurrent | 13206.25% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 62.75% (p55 of band) | |
| Auto loans | $145,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -7.0% | |
| Employees | 67 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | capital falling |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | capital falling |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | capital falling |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | capital falling |  |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | expense ratio p90 |  |
| 2016-06 | 0 |  | capital falling, expense ratio p90 |
| 2016-09 | 1 | wholesale funding >15% |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | brokered >10% |  |
| 2017-06 | 1 |  | brokered >10% |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 | capital falling | wholesale funding >15% |
| 2018-03 | 2 | brokered >10%, wholesale funding >15% | capital falling |
| 2018-06 | 0 |  | brokered >10%, wholesale funding >15% |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | wholesale funding >15% |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | loans exceed deposits |  |
| 2019-12 | 3 | NIM <2.5% |  |
| 2020-03 | 1 |  | wholesale funding >15%, NIM <2.5% |
| 2020-06 | 2 | wholesale funding >15% |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 2 |  | loans exceed deposits |
| 2021-03 | 1 |  | wholesale funding >15% |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 0 |  | capital falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-06 | 2 |  | assets shrinking |
| 2023-09 | 2 |  |  |

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

- 2023-12-05 [Bank of Delmarva parent co. closes merger with LINK - Delaware Business Times](https://news.google.com/rss/articles/CBMigAFBVV95cUxQUDZ3NHNNb0U3aFNSSWFxOFpLaXlGSlprM2FLUW1NcUJDak8tWEd0QWZJVTctQjc5M2JWM3hpM0hXaXY3WUJKSXRyX2VTLVMybElkSmM3NjhnT05YR2xPajBiTDlDWnM1U0hjTUpyeDRCRmowWFRWNkpfUTBHaE5RNw?oc=5) · Delaware Business Times
- 2025-12-24 [Biz Beat Roundup: Two banks with local ties to merge - Fredericksburg Free Press](https://news.google.com/rss/articles/CBMipgFBVV95cUxOT2pkUWNhbzdJN25abE5xcVM4S0xaU1d3V2g0UGtpckVScGtob2RKY29Hd1pUcjdmeWJlVnBxNmcwTEFtdGZwekdwM1JsOWZsUlV5VEZHOFh2RTdKVi1tYkk3ZXdmd0p5YkZpTncxU2Q2NlVlbTVwVzlpaWRLT0puWEUtMUdIbXNNMjN2M2piVTJXdExUaWpZUTktcU0wbnJwSWdIT0hB?oc=5) · Fredericksburg Free Press
- 2026-08-13 [Potomac Bank Announces Carolyn K. Johnson Appointed as Senior Vice President, Director of Digital and Payment Strategy - Morningstar](https://news.google.com/rss/articles/CBMiiAJBVV95cUxNdnRTeTZPTVVpT2p6dHMweFNkMEpIQzBweVJOQk9UY0VrNnlTeHVPVWFySnVpeDluS2V2RU80bnhMbUFqbGxoYWtxZlZvUTVFcllYWFhfRzAzQ3RxT2FPaktEQjh2VEdUU3FEM1RzdEJtMVY2aEI0Z2VEdHdIRFJrQTNuVjlycUo2Ymc4TVo0SHBFLU1kUEY4QzVXeHNmd3ZONjRxdjdxQkdIQU1OUlAyUGNUcENaU1FHTzkwdHFseXA4T0gtQm12SS0zcjNnaTJfNE42cjNvQkx4dDREdGEtNTEzNzVzV2h6QWZOUFpEdDlhODZsRjNmYVdXb3RCSE1UcTd6RkZJYlE?oc=5) · Morningstar
- 2011-08-26 [Virginia, Eastern - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMif0FVX3lxTE5MX2RGV0VZRmxTNU9xU0txWDRSUWwwVklpUjFzRzBjcjBGcTFFNmhINVNEWHV0eTlYMHlGT2V0TTlRVjhZd3FMZjB5cmV4VWVGUVRQT0V0SFNpU1VqMi1IUF9vX0tMU0tPY1RYWGx2S1JwZEEzZ0ZhTVM0U0lGaWM?oc=5) · Department of Justice (.gov)
- 2015-08-27 [Bank Robber Found, Arrested by Fredericksburg Police - Patch](https://news.google.com/rss/articles/CBMilwFBVV95cUxPckJ1cGdiTkFvX01PcGQyOWR6Z09PWEVYaDZONzB5U04tdGdQVmlVRTVGSlpVS1MyLTYxNUM2VFdselMxZ2FyU1FXNEpqb0F2dU5RZl84YkxYNUpkS1E1c2pFa1VNdFRra1RLNEc0bk1sT1d3dFVQRUpmUmZab29fY3VNSl9DQ3NJNzZ3d3U4N2Y2R1d3eVNZ?oc=5) · Patch
- 2015-03-26 [Virginia Partners Bank opens first branch out of state - Fredericksburg.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxQYkZXX3RkSkl3WGJGanVWUzRhNmVCUG16aFM3bHo4QUNEazlyVVFORGY1NTgxUUlXRVE5RVIteThWcVlvZl8wazdsU0JDMlZGc1kxSzdKMEJVNUxrRXU3b0NZb1hRSUozNkIyZzUycXF4REVzQUg2WS1GTVpOdGRkRWdubnpleEVrY0tmckVR?oc=5) · Fredericksburg.com
- 2022-11-29 [Philanthropic Motivation of ARP Encourages Next Generation of Old Town Business Owners - thezebra.org](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPMER1V1VpU3JfRnh1Qk9wQmFJMjhJU09RbTJtTUZ2LWxuY2w0eHlEX2NGWmszS0dvdV9KTEJMLUlYTy1URW5lMjNsYm90aVRWc1FCcEhjMDdiYldQSlhCRS1qeTlLZFItcWw4TEdpUGlLZHAzUE8zQUVNaXJZRFRKaDM4S3FPdWZlblFJUnJNcW14cTlhdDJQU000eXg4a1ZDYnM1eWV0VWpKVzQxcF9nUWMzd09YdGJULXphOFo5dVUwY00?oc=5) · thezebra.org
- 2020-12-30 [William Sale Obituary - Fredericksburg, VA - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPc0dRTjNLcmYyZ3duanhPMFRxSFV4dEMtZ1VkTU8tRkxNV2hsWURRV01KTTBQUVVtV3ljMnRHY3FDZkdFeHZweldBSldKQmZoWGN6TmdXSllHVWppNW5YOFR2MWttMUtMVmxaRWxQbGNRbEdqbnM4SDMxZkhTMFBrMFQzelU5YzZw?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58824 (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/8.json (key "58824", 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