Blue Ridge Bank, National Association

1 East Market Street
Martinsville, VA 24112

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35274
Date Established 2000
Assets $0.54 billion
Loans $0.44 billion
Deposits $0.42 billion
Capital $0.05 billion

Blue Ridge Bank, National Association is an FDIC insured institution located in Martinsville, VA. It was founded in 2000 and has approximately $0.54 billion in assets. Customers can open an account at one of its 9 branches.

For a more detailed analysis of Blue Ridge Bank, National Association'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 Blue Ridge Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Blue Ridge Bank, National Association’s loan portfolio does not show any specific loan specialty.

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 40.65
Multifamily
Mortgages
3.25
Credit Card Loans 0.01
Consumer Auto Loans 5.60
Small Business Loans 8.49
Construction and Development Loans 6.76
Commercial Real Estate 30.92
Commercial and Industrial Loans 9.17
Farm Loans 0.05

Deposit Rates - April 21, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $1,000 - Learn MoreShow Less
Premium Money Market Account
0.05% $1 $14,999 Learn MoreShow Less
Premium Money Market Account
0.15% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.01% $5,000 - Learn MoreShow Less
6 Mo CD
0.03% $5,000 - Learn MoreShow Less
12 Mo CD
0.10% $5,000 - Learn MoreShow Less
Special: 13 Mo CD
0.60% $5,000 - Learn MoreShow Less
18 Mo CD
0.20% $5,000 - Learn MoreShow Less
24 Mo CD
0.25% $5,000 - Learn MoreShow Less
36 Mo CD
0.40% $5,000 - Learn MoreShow Less
48 Mo CD
0.50% $5,000 - Learn MoreShow Less
60 Mo CD
0.60% $5,000 - Learn MoreShow Less
Special: 60 Mo CD
3.00% $10,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.65% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 - Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Blue Ridge Bank, National Association

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: CL-2925. NMLSID#2925
4.031% 4.000% 0.38 $945 $1,194 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info

Note to Blue Ridge Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Blue Ridge Bank, National Association 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:
Seattle,Washington


Blue Ridge Bank, National Association Locations


Financial Details

Blue Ridge Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Blue Ridge Bank, National Association. 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
Blue Ridge Bank, National Association U.S. Bank Average
14.67% 6.97%

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 December 31, 2018, Blue Ridge Bank, National Association had $7,535,000 in non-current loans and $134,000 in owned real estate. To cover these potential losses it had $48,697,000 in equity and $3,580,000 in loans loss reserves. That gives it a Texas Ratio of 14.67%.

Return on Equity
Blue Ridge Bank, National Association U.S. Bank Average
11.36% 8.80%

Blue Ridge Bank, National Association has a Return on Equity of 11.36% versus the BestCashCow average of 8.80%. 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
Blue Ridge Bank, National Association U.S. Bank Average
9.04% 12.29%

Blue Ridge Bank, National Association has a Capitalization of 9.04% versus the BestCashCow average of 12.29. 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.

Blue Ridge Bank, National Association Balance Sheet Analysis

As of December 31, 2018, Blue Ridge Bank, National Association had assets of $538,871,000, loans of $440,521,000, and deposits of $415,054,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.05 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.44 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 $0.02 billion
     Total Assets $0.49 billion
LIABILITIES
Total deposits $0.42 billion
      Interest-bearing deposits $0.33 billion
      Deposits held in domestic offices $0.42 billion
      % insured (estimated) 72.48%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.07 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.49 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Blue Ridge Bank, National Association

Branches and Savings

Is Blue Ridge Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #35274.

Why does Blue Ridge Bank, National Association pay such low interest on savings accounts?

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

Why are Blue Ridge Bank, National Association CD rates not competitive?

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

Is Blue Ridge Bank, National Association a commercial bank?

Yes

Where are Blue Ridge Bank, National Association locations?

See branch locations nearby.

Is Blue Ridge Bank, National Association open on Saturdays?

Is Blue Ridge Bank, National Association open on Sundays?

What time does Blue Ridge Bank, National Association open?

What time does Blue Ridge Bank, National Association close?

Are Blue Ridge Bank, National Association ATMs Open 24/7?

Do Blue Ridge Bank, National Association ATMs accept cash deposits?

Can Blue Ridge Bank, National Association customers use other ATMs?

Do Blue Ridge Bank, National Association branches have notaries?

Will Blue Ridge Bank, National Association notarize my document?

What address for Blue Ridge Bank, National Association should I put for incoming ACH transfers?

Will the Blue Ridge Bank, National Association branch print checks?

Do Blue Ridge Bank, National Association checks expire?

Does Blue Ridge Bank, National Association require US citizenship to open account?

Can Blue Ridge Bank, National Association close my account?

Does Blue Ridge Bank, National Association Report to credit bureaus?

Does Blue Ridge Bank, National Association Use Equifax?

What is Blue Ridge Bank, National Association's ACH Routing Number?

What is Blue Ridge Bank, National Association's SWIFT code?

Products

Does Blue Ridge Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Blue Ridge Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Blue Ridge Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Blue Ridge Bank, National Association offer student loans?

Will Blue Ridge Bank, National Association cash a check?

Will Blue Ridge Bank, National Association redeem a savings bond?

Does Blue Ridge Bank, National Association cash savings bonds?

Will Blue Ridge Bank, National Association cash money orders?

Can Blue Ridge Bank, National Association issue a money order?

Does Blue Ridge Bank, National Association do currency exchange?

Background on The Bank

Who owns Blue Ridge Bank, National Association?

How long has Blue Ridge Bank, National Association been around?

Can Blue Ridge Bank, National Association transfer to other banks?

Does Blue Ridge Bank, National Association have quick pay?

Does Blue Ridge Bank, National Association accept rolled coins?

Will Blue Ridge Bank, National Association accept loose change?

Where is Blue Ridge Bank, National Association headquarters?

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