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Balance Sheet Cash Flow Statement 5350 Lee Hwy. Arlington, VA 22207 VA Tel. 703-534-0700 Toll Free 888-446-1483 Fax 703-534-1782 |
Type: Public
On the web:
http://www.vcbonline.com
Employees:
312
Employee growth: 1.0%
Virginia Commerce Bancorp is the holding company for Virginia Commerce Bank, which has about 25 offices serving metropolitan Washington, DC's northern Virginia suburbs. The bank's customer base includes consumers and small to midsized businesses, particularly those that have contracts with the US government. It primarily originates real estate loans, including mortgages and construction loans, which account for more than 85% of its portfolio. Other offerings include checking, savings, money market, and retirement accounts; CDs; business and consumer loans; and equipment leasing.
Key numbers for fiscal year ending December, 2008:
Sales: $89.5M
One year growth: 7.7%
Net income: $13.1M
Income growth: (49.3%)
Officers:
Chairman: W. Douglas Fisher
CEO and Director; President and CEO, Virginia Commerce Bank: Peter A. Converse
President and Director: Michael G. Anzilotti
Competitors:
BB&T
Chevy Chase Bank
Wachovia Corp
