Blue Ridge Bank, Financial Information

About Blue Ridge Bank

 Address:
17 West Main Street
Luray, VA
Page County, Virginia
 Established:
Apr 1893
 Number of domestic offices:
5
Total assets$207M
Net income$2M
Net income, quarterly$0M
Total deposits$169M
Domestic deposits$169M
Equity capital$17M
ROA0.77%
ROAQ, quarterly0.76%
ROA, pretax0.76%
ROAQ, quarterly, pretax1.06%
ROE9.29%
ROEQ, quarterly9.13%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Blue Ridge Bank was chartered and organized in 1893 as a state institution under the title "Page Valley Bank of Virginia." The Bank officially opened for business on Monday, January 3, 1894 with paid in capital of $15,000 and a charter maximum of $25,000. At the time of its organization it was the only bank in Page County, Virginia.

The Bank opened its first branch at 612 East Main Street, Luray, in June of 1974 to provide an additional location convenient to the new shopping center in East Luray. The second branch in Shenandoah, Virginia, opened in March of 2002. A third branch in McGaheysville, Virginia opened in April of 2003. On October 15, 2011 the name was changed from The Page Valley Bank to Blue Ridge Bank. In November of 2011 bank opened a fourth branch in Charlottesville, Virginia.

Blue Ridge Bank is extremely proud of its more than a century of customer based service, and looks forward to serving its current and new customers for many years to come, with the attention and service that only a locally owned independent community bank can provide.

Main Office
17 West Main Street
P O Box 609
Luray, VA 22835-0609

Telephone: (540)743-6521
Toll Free: (888)331-6521
Fax: (540)743-5536