Virginia Commerce Bank

Headquarters

5350 Lee Highway
Arlington, VA 22207
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 3.50% →
1-Year CD N.A. 3.70% →
2-Year CD N.A. 3.80% →
5-Year CD N.A. 4.25% →
30-Year Mortgage N.A. 6.20% →
15-Year Mortgage N.A. 5.66% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Virginia Commerce Bank is an FDIC insured institution located in Arlington, VA. It was founded in 1988 and has approximately $2.74 billion in assets.

FDIC Insured Yes
FDIC Certificate # 27249
Date Established 1988
Assets $ 2.74 billion
Loans $ 2.03 billion
Deposits $ 2.08 billion
Capital $ 302.20 million
 

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

Deposit Rates - October 6, 2022

Your Current Location: Connecticut, CT 06828

There are currently no rates available for Virginia Commerce Bank, but see these great savings and CD rates:

Advertiser Disclosure
 

Loan Rates - October 6, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Virginia Commerce Bank

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




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Note to Virginia Commerce Bank
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Branches

Virginia Commerce Bank 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:
Fairfield,Connecticut


Virginia Commerce Bank Locations



Climate Initiatives

Virginia Commerce Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Virginia Commerce Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Virginia Commerce Bank. 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
Virginia Commerce Bank U.S. Bank Average
11.98% 4.06%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 June 30, 2022, Virginia Commerce Bank had $32,435,000 in non-current loans and $8,445,000 in owned real estate. To cover these potential losses it had $302,201,000 in equity and $38,932,000 in loans loss reserves. That gives it a Texas Ratio of 11.98%.

Return on Equity
Virginia Commerce Bank U.S. Bank Average
10.87% 9.98%

Virginia Commerce Bank has a Return on Equity of 10.87% versus the BestCashCow average of 9.98%. 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
Virginia Commerce Bank U.S. Bank Average
11.02% 10.23%

Virginia Commerce Bank has a Capitalization of 11.02% versus the BestCashCow average of 10.23. 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.

Virginia Commerce Bank Balance Sheet Analysis

As of December 31, 2013, Virginia Commerce Bank had assets of $2,742,790,000, loans of $2,028,935,000, and deposits of $2,084,946,000. 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

June 30, 2022
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.03 billion
Loan loss allowance $ 38.93 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 8.45 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 2.08 billion
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 2.74 billion

Summary Income Statement

June 30, 2022
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Virginia Commerce Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Virginia, Virginia Commerce Bank has a significantly higher percent of Construction and Development Loans, Commercial Real Estate 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 20.39
Multifamily
Mortgages
3.99
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 8.52
Construction and Development Loans 12.90
Commercial Real Estate 53.46
Commercial and Industrial Loans 10.68
Farm Loans 0.00

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