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Bank of Clarke County, Financial Information

AboutBank of Clarke County

 Address:
2 East Main Street
Berryville,VA
Clarke County,Virginia
 Established:
Apr 1881
 Number of domestic offices:
13
Total assets$1,123M
Net income$11M
Net income,quarterly$3M
Total deposits$1,014M
Domestic deposits$1,014M
Equity capital$101M
ROA1.14%
ROAQ,quarterly0.92%
ROA,pretax0.92%
ROAQ,quarterly,pretax1.05%
ROE11.61%
ROEQ,quarterly10.0%
UpdatedMay 20, 2021

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.

The year was 1881—a year in which the American Red Cross was founded by Clara Barton. Booker T. Washington established the prestigious Tuskegee Institute. On a ranch near old Fort Sumner, New Mexico, the infamous Western outlaw known as "Billy the Kid" was shot to death by Pat Garrett, the sheriff of Lincoln County. Jesse James and Doc Holliday participated in the shootout at the OK Corral in Tombstone, Arizona. And Bank of Clarke County opened its doors.

Bank of Clarke County is the second oldest business in Clarke County behind The Clarke Courier and remains a strong and vital community institution, committed to remaining an independent commercial bank.

Regulations will continue to be imposed. New branches and markets will most assuredly be introduced. Growth in size and profit will continue. But, perhaps most importantly, all this will be possible due to an expanding employee pool of professional, dedicated people who will respect and honor the past and work diligently to guarantee the brightness of the future.

Berryville Main Office
(540) 955-2510

Historical Data