Bank of the Commonwealth (former bank) — historical data

Bank of the Commonwealth no longer operates under this certificate. It failed on September 23, 2011. See the failure record.

Bank of the Commonwealth is a bank based in Norfolk, Virginia.

There is not enough recent publicly reported data to show a TellerScore for Bank of the Commonwealth.

TellerScore · —

Scorecard

Capital cushion—/100

Tier 1 leverage ratio: —

Loan quality—/100

Noncurrent loans ÷ total loans: —

Earnings—/100

Return on assets (annualized): —

Funding & liquidity—/100

Loans ÷ deposits and uninsured-deposit share: —

Problem-loan coverage—/100

"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): —

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

0 quarters

Health trend

Quarter-by-quarter figures
Quarter	Score	Assets	Capital	Problem loans	ROA	Loans/deposits

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio—

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Total risk-based capital—

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Problem loans—

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Net charge-offs—

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Return on assets—

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Net interest margin—

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Efficiency ratio—

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Loans to deposits—

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Uninsured deposits—

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Loan-loss reserves—

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Texas ratio—

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Deposit insurance

Is my money safe at Bank of the Commonwealth?

Bank of the Commonwealth is no longer an active bank in FDIC records (since 2011).

Check how much of your own balance is covered

Identity & history

Profile

Legal name: Bank of the Commonwealth
Type: State-chartered bank (Fed member)
FDIC certificate #: 20408
RSSD ID: 821120
Primary regulator: FED
Holding company: Commonwealth Bankshares Inc
Established: April 14, 1971
Headquarters: Boush And Freemason Streets, Norfolk, VA 23510

Quick answers

Bank of the Commonwealth: common questions

Is Bank of the Commonwealth FDIC insured?

Bank of the Commonwealth is no longer an active bank in FDIC records (since 2011).

Has Bank of the Commonwealth ever failed?

FDIC records show Bank of the Commonwealth failed on September 23, 2011.