1st Commonwealth Bank of Virginia

2500 Wilson Boulevard Suite 100
Arlington, VA 22201

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58773
Date Established 2009
Assets $0.06 billion
Loans $0.05 billion
Deposits $0.05 billion
Capital $0.00 billion

1st Commonwealth Bank of Virginia is an FDIC insured institution located in Arlington, VA. It was founded in 2009 and has approximately $0.06 billion in assets.

For a more detailed analysis of 1st Commonwealth Bank of Virginia's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in 1st Commonwealth Bank of Virginia’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Virginia, 1st Commonwealth Bank of Virginia has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 84.23
Multifamily
Mortgages
0.47
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 7.19
Construction and Development Loans 0.00
Commercial Real Estate 7.19
Commercial and Industrial Loans 8.78
Farm Loans 0.00

Deposit Rates

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 1st Commonwealth Bank of Virginia

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

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Payment
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AmeriSave Mortgage Corporation
NMLS ID: 1168
License#: MC-2462
4.556% 4.500% 0.13 $1,632 $1,267 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.564% 4.500% 0.25 $1,878 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
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4.325% 4.250% 0.50 $2,337 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to 1st Commonwealth Bank of Virginia
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Branches

1st Commonwealth Bank of Virginia branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


1st Commonwealth Bank of Virginia Locations

Financial Details

1st Commonwealth Bank of Virginia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Commonwealth Bank of Virginia. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
1st Commonwealth Bank of Virginia U.S. Bank Average
0% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, 1st Commonwealth Bank of Virginia had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,596,000 in equity and $413,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
1st Commonwealth Bank of Virginia U.S. Bank Average
-53.84% 8.84%

1st Commonwealth Bank of Virginia has a Return on Equity of -53.84% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
1st Commonwealth Bank of Virginia U.S. Bank Average
4.37% 12.21%

1st Commonwealth Bank of Virginia has a Capitalization of 4.37% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

1st Commonwealth Bank of Virginia Balance Sheet Analysis

As of September 30, 2012, 1st Commonwealth Bank of Virginia had assets of $59,415,000, loans of $47,475,000, and deposits of $54,432,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.00 billion
LIABILITIES
Total deposits $0.05 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.06 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About 1st Commonwealth Bank Of Virginia

Branches and Savings

Is 1st Commonwealth Bank Of Virginia FDIC insured?

Yes. It is covered under FDIC Certificate #58773.

Why does 1st Commonwealth Bank Of Virginia pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are 1st Commonwealth Bank Of Virginia CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is 1st Commonwealth Bank Of Virginia a commercial bank?

Yes

Where are 1st Commonwealth Bank Of Virginia locations?

See branch locations nearby.

Is 1st Commonwealth Bank Of Virginia open on Saturdays?

Is 1st Commonwealth Bank Of Virginia open on Sundays?

What time does 1st Commonwealth Bank Of Virginia open?

What time does 1st Commonwealth Bank Of Virginia close?

Are 1st Commonwealth Bank Of Virginia ATMs Open 24/7?

Do 1st Commonwealth Bank Of Virginia ATMs accept cash deposits?

Can 1st Commonwealth Bank Of Virginia customers use other ATMs?

Do 1st Commonwealth Bank Of Virginia branches have notaries?

Will 1st Commonwealth Bank Of Virginia notarize my document?

What address for 1st Commonwealth Bank Of Virginia should I put for incoming ACH transfers?

Will the 1st Commonwealth Bank Of Virginia branch print checks?

Do 1st Commonwealth Bank Of Virginia checks expire?

Does 1st Commonwealth Bank Of Virginia require US citizenship to open account?

Can 1st Commonwealth Bank Of Virginia close my account?

Does 1st Commonwealth Bank Of Virginia Report to credit bureaus?

Does 1st Commonwealth Bank Of Virginia Use Equifax?

What is 1st Commonwealth Bank Of Virginia's ACH Routing Number?

What is 1st Commonwealth Bank Of Virginia's SWIFT code?

Products

Does 1st Commonwealth Bank Of Virginia offer mortgages?

Compare mortgage rates here.

Does 1st Commonwealth Bank Of Virginia offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Commonwealth Bank Of Virginia offer personal loans?

Compare personal loan rates here.

Does 1st Commonwealth Bank Of Virginia offer student loans?

Will 1st Commonwealth Bank Of Virginia cash a check?

Will 1st Commonwealth Bank Of Virginia redeem a savings bond?

Does 1st Commonwealth Bank Of Virginia cash savings bonds?

Will 1st Commonwealth Bank Of Virginia cash money orders?

Can 1st Commonwealth Bank Of Virginia issue a money order?

Does 1st Commonwealth Bank Of Virginia do currency exchange?

Background on The Bank

Who owns 1st Commonwealth Bank Of Virginia?

How long has 1st Commonwealth Bank Of Virginia been around?

Can 1st Commonwealth Bank Of Virginia transfer to other banks?

Does 1st Commonwealth Bank Of Virginia have quick pay?

Does 1st Commonwealth Bank Of Virginia accept rolled coins?

Will 1st Commonwealth Bank Of Virginia accept loose change?

Where is 1st Commonwealth Bank Of Virginia headquarters?

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