Home > The Riggs National Bank of Virginia > Assets and Liabilities
The Riggs National Bank of Virginia, Assets and Liabilities
| 1995-12-31 | Rank | |
| # of Employees: | 98 | 1,968 |
| Assets and Liabilities | ||
| Total Assets: | $381,774,000 | 1,261 |
| Cash and due from depository institutions | $10,462,000 | 1,968 |
| Interest-bearing balances | $0 | 6,853 |
| Securities | $73,896,000 | 1,717 |
| Federal funds sold & reverse repurchase agreements | $48,700,000 | 345 |
| Net loans & leases | $235,135,000 | 1,252 |
| Loan loss allowance | $2,020,000 | 1,910 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $7,892,000 | 955 |
| Other real estate owned | $123,000 | 1,968 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $5,566,000 | 1,491 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $381,774,000 | 1,261 |
| Total liabilities | $344,923,000 | 1,262 |
| Total deposits | $338,916,000 | 1,174 |
| Interest-bearing deposits | $270,278,000 | 1,264 |
| Deposits held in domestic offices | $338,916,000 | 1,162 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,570,000 | 2,376 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $0 | 5,136 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $4,437,000 | 1,131 |
| Total equity capital | $36,851,000 | 1,250 |
| Total bank equity capital | $36,851,000 | 1,250 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $3,201,000 | 1,184 |
| Surplus | $17,577,000 | 1,022 |
| Undivided profits | $16,073,000 | 1,643 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,067,000 | 2,511 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $81,000 | 989 |
| Income earned, not collected on loans | $1,565,000 | 1,425 |
| Earning assets | $357,731,000 | 1,234 |
| Long-term assets (5+ years) | $52,158,000 | 1,152 |
| Average Assets, year-to-date | $371,720,000 | 1,246 |
| Average Assets, quarterly | $381,197,000 | 1,249 |
| Volatile liabilities | $24,845,000 | 2,194 |
| Insider loans | $0 | 10,773 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $44,952,000 | 1,112 |
| Tier 1 (core) risk-based capital | $36,638,000 | 1,191 |
| Tier 2 risk-based capital | $2,020,000 | 1,579 |
| Total risk weighted assets | $198,969,500 | 1,439 |
| Total unused commitments | $44,952,000 | 1,118 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 97 | 2,077 |
| Assets and Liabilities | ||
| Total Assets: | $351,154,000 | 1,340 |
| Cash and due from depository institutions | $10,921,000 | 2,077 |
| Interest-bearing balances | $0 | 7,034 |
| Securities | $72,940,000 | 1,800 |
| Federal funds sold & reverse repurchase agreements | $32,600,000 | 361 |
| Net loans & leases | $221,133,000 | 1,284 |
| Loan loss allowance | $2,315,000 | 1,756 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $9,153,000 | 797 |
| Other real estate owned | $0 | 2,077 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $4,407,000 | 1,877 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $351,154,000 | 1,340 |
| Total liabilities | $318,714,000 | 1,332 |
| Total deposits | $317,179,000 | 1,200 |
| Interest-bearing deposits | $252,350,000 | 1,299 |
| Deposits held in domestic offices | $317,179,000 | 1,190 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $507,000 | 3,911 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $1,028,000 | 3,018 |
| Total equity capital | $32,440,000 | 1,278 |
| Total bank equity capital | $32,440,000 | 1,278 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $3,201,000 | 1,201 |
| Surplus | $17,577,000 | 957 |
| Undivided profits | $11,662,000 | 2,007 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,400,000 | 2,050 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $74,000 | 942 |
| Income earned, not collected on loans | $1,247,000 | 1,565 |
| Earning assets | $326,673,000 | 1,310 |
| Long-term assets (5+ years) | $61,562,000 | 1,006 |
| Average Assets, year-to-date | $341,504,600 | 1,328 |
| Average Assets, quarterly | $342,799,000 | 1,359 |
| Volatile liabilities | $16,564,000 | 2,948 |
| Insider loans | $0 | 11,229 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $42,105,000 | 1,116 |
| Tier 1 (core) risk-based capital | $33,923,000 | 1,223 |
| Tier 2 risk-based capital | $2,305,770 | 1,391 |
| Total risk weighted assets | $184,452,570 | 1,510 |
| Total unused commitments | $42,105,000 | 1,124 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 102 | 2,050 |
| Assets and Liabilities | ||
| Total Assets: | $343,833,000 | 1,375 |
| Cash and due from depository institutions | $11,300,000 | 2,050 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $93,779,000 | 1,455 |
| Federal funds sold & reverse repurchase agreements | $24,200,000 | 571 |
| Net loans & leases | $199,804,000 | 1,389 |
| Loan loss allowance | $2,706,000 | 1,612 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $10,150,000 | 719 |
| Other real estate owned | $208,000 | 2,050 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $4,392,000 | 1,750 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $343,833,000 | 1,375 |
| Total liabilities | $312,416,000 | 1,385 |
| Total deposits | $311,015,000 | 1,276 |
| Interest-bearing deposits | $242,050,000 | 1,423 |
| Deposits held in domestic offices | $311,015,000 | 1,265 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $1,401,000 | 2,412 |
| Total equity capital | $31,417,000 | 1,306 |
| Total bank equity capital | $31,417,000 | 1,306 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $3,201,000 | 1,198 |
| Surplus | $17,577,000 | 910 |
| Undivided profits | $10,639,000 | 2,224 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $5,260,000 | 939 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $1,129,000 | 1,535 |
| Earning assets | $317,783,000 | 1,362 |
| Long-term assets (5+ years) | $62,103,000 | 1,017 |
| Average Assets, year-to-date | $344,312,200 | 1,347 |
| Average Assets, quarterly | $340,841,000 | 1,382 |
| Volatile liabilities | $14,655,000 | 3,052 |
| Insider loans | $6,734,000 | 631 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $52,218,000 | 953 |
| Tier 1 (core) risk-based capital | $31,267,000 | 1,275 |
| Tier 2 risk-based capital | $2,272,940 | 1,405 |
| Total risk weighted assets | $181,402,240 | 1,524 |
| Total unused commitments | $52,218,000 | 973 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 145 | 1,511 |
| Assets and Liabilities | ||
| Total Assets: | $352,257,000 | 1,406 |
| Cash and due from depository institutions | $26,150,000 | 1,511 |
| Interest-bearing balances | $15,000,000 | 520 |
| Securities | $98,187,000 | 1,373 |
| Federal funds sold & reverse repurchase agreements | $40,100,000 | 487 |
| Net loans & leases | $171,138,000 | 1,640 |
| Loan loss allowance | $2,928,000 | 1,567 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $11,329,000 | 647 |
| Other real estate owned | $346,000 | 1,511 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $5,007,000 | 1,648 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $352,257,000 | 1,406 |
| Total liabilities | $323,058,000 | 1,413 |
| Total deposits | $321,648,000 | 1,295 |
| Interest-bearing deposits | $265,725,000 | 1,376 |
| Deposits held in domestic offices | $321,648,000 | 1,286 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $88,000 | 3,656 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $1,322,000 | 2,615 |
| Total equity capital | $29,199,000 | 1,330 |
| Total bank equity capital | $29,199,000 | 1,330 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $3,201,000 | 1,219 |
| Surplus | $17,577,000 | 878 |
| Undivided profits | $8,421,000 | 2,625 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,256,000 | 1,589 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $926,000 | 2,137 |
| Earning assets | $324,425,000 | 1,382 |
| Long-term assets (5+ years) | $13,469,000 | 3,523 |
| Average Assets, year-to-date | $347,419,600 | 1,393 |
| Average Assets, quarterly | $348,986,500 | 1,405 |
| Volatile liabilities | $18,957,000 | 2,455 |
| Insider loans | $1,000 | 9,424 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $43,637,000 | 1,040 |
| Tier 1 (core) risk-based capital | $29,199,000 | 1,293 |
| Tier 2 risk-based capital | $2,193,770 | 1,465 |
| Total risk weighted assets | $174,767,670 | 1,620 |
| Total unused commitments | $43,637,000 | 1,059 |
| Derivatives | $0 | 651 |