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Virginia Commerce Bancorp, Inc. is the holding company of Virginia Commerce Bank & VCBI CAPITAL TRUST I Consolidation Northeast Land and Investment Company wholly owned subsidiary hold and market foreclosed real estate; NASDAQ Global Select Market under the symbol VCBI, VCBI CAPITAL TRUST II, III, AND IV ACTIVE, - Short-term borrowings consist of securities sold under agreements to repurchase

Virginia Commerce Bancorp, Inc. is the holding company of Virginia Commerce Bank & VCBI CAPITAL TRUST I Consolidation Northeast Land and Investment Company wholly owned subsidiary hold and market foreclosed real estate; NASDAQ Global Select Market under the symbol VCBI, VCBI CAPITAL TRUST II, III, AND IV ACTIVE, - Short-term borrowings consist of securities sold under agreements to repurchase

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Published by Mary Cochrane
Northeast Land and Investment Company wholly owned subsidiary hold and market foreclosed real estate. RESEARCH ON Collection of a HUD/FHA Commercial state community bank activities whose holding company employees as beneficiares; preferred stocks cascading five year plan. VCBI Capital Trust I, RSSD ID 3170904 Closed 2007.
Other VCBI Trust II, III, and IV Active.
-TOMBSTONE LAND COMPANY Registered Agent: Troutman Sanders LLP c/o Virginia Commerce Bank
-Northeast Land and Investment Co subsidiary holding company - holds & markest foreclosed real estate
-VCBI CREDITOR Short-term borrowings consist of securities sold under agreements to repurchase--
-VCBI Short-term borrowings also include federal funds purchased, which are unsecured overnight borrowings from other banks and are generally used to accommodate short-term liquidity needs
- Any Mortgage Lending: The Company originates residential mortgage loans, on a pre-sold basis, for sale to secondary market purchasers, on a servicing released basis. This produces benefits primarily in the form of gains on the sale of the loans at a premium. Activity in the residential mortgage loan market is highly sensitive to changes in interest rates. The loans are sold on a limited recourse basis. Most contracts with investors contain recourse periods that may vary from 90 days up to one year. In general, the Company may be required to repurchase a previously sold mortgage loan or indemnify the investor if there is major non-compliance with defined loan origination or documentation standards, including fraud, negligence or material misstatement in the loan documents. Repurchase may also be required if necessary governmental loan guarantees are canceled or never issued, or if an investor is forced to buy back a loan after it has been re-sold as part of a loan pool. In addition, the Company may have an obligation to repurchase a loan if the mortgagor has defaulted early in the loan term. The potential default period is approximately twelve months after sale of the loan to the investor. Mortgages subject to recourse are collateralized by single-family residential properties, have loan-to-value ratios of 80% or less, or have private mortgage insurance or are insured or guaranteed by an agency of the United States government. On a limited basis, the Company holds some first trust residential mortgages in portfolio which have loan-to-value ratios of 80% or less. Maximum debt service to income ratio is 45%. Adjustable rate mortgage products amortize over a 30 year period; fixed rate products amortize over 15-30 years.
These excerpts taken from the VCBI 10-K filed Mar 16, 2009.
SEC FILING Commission file number: 000-28635
54-1964895
5350 Lee Highway, Arlington, Virginia22207
Nasdaq Stock Market (Global Select)
Accelerated filer 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  No 

Directors, Executive Officers and Corporate Governance.
The information required by Item 10 is incorporated by reference
from the material under the captions “Election of Directors” and “Compliance
with Section 16(a) of the Securities Exchange Act of 1934” in the
Proxy Statement. The Company has adopted a code of ethics that applies to its
Chief Executive Officer and Chief Financial Officer. A copy of the code of
ethics will be provided to any person, without charge, upon written request
directed to Lynda Cornell, Assistant to the Chief Executive Officer, Virginia
Commerce Bancorp, Inc., 5350 Lee Highway, Arlington, Virginia 22207

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2010
Subsidiaries of the Registrant

Legal Name of Entity Jurisdiction of Organization Ownership Interest
Virginia Commerce Bancorp, Inc (registrant) Virginia
Virginia Commerce Bank Virginia 100%
Northeast Land and Investment Company Virginia 100%
Northeast Land and Investment Company wholly owned subsidiary hold and market foreclosed real estate. RESEARCH ON Collection of a HUD/FHA Commercial state community bank activities whose holding company employees as beneficiares; preferred stocks cascading five year plan. VCBI Capital Trust I, RSSD ID 3170904 Closed 2007.
Other VCBI Trust II, III, and IV Active.
-TOMBSTONE LAND COMPANY Registered Agent: Troutman Sanders LLP c/o Virginia Commerce Bank
-Northeast Land and Investment Co subsidiary holding company - holds & markest foreclosed real estate
-VCBI CREDITOR Short-term borrowings consist of securities sold under agreements to repurchase--
-VCBI Short-term borrowings also include federal funds purchased, which are unsecured overnight borrowings from other banks and are generally used to accommodate short-term liquidity needs
- Any Mortgage Lending: The Company originates residential mortgage loans, on a pre-sold basis, for sale to secondary market purchasers, on a servicing released basis. This produces benefits primarily in the form of gains on the sale of the loans at a premium. Activity in the residential mortgage loan market is highly sensitive to changes in interest rates. The loans are sold on a limited recourse basis. Most contracts with investors contain recourse periods that may vary from 90 days up to one year. In general, the Company may be required to repurchase a previously sold mortgage loan or indemnify the investor if there is major non-compliance with defined loan origination or documentation standards, including fraud, negligence or material misstatement in the loan documents. Repurchase may also be required if necessary governmental loan guarantees are canceled or never issued, or if an investor is forced to buy back a loan after it has been re-sold as part of a loan pool. In addition, the Company may have an obligation to repurchase a loan if the mortgagor has defaulted early in the loan term. The potential default period is approximately twelve months after sale of the loan to the investor. Mortgages subject to recourse are collateralized by single-family residential properties, have loan-to-value ratios of 80% or less, or have private mortgage insurance or are insured or guaranteed by an agency of the United States government. On a limited basis, the Company holds some first trust residential mortgages in portfolio which have loan-to-value ratios of 80% or less. Maximum debt service to income ratio is 45%. Adjustable rate mortgage products amortize over a 30 year period; fixed rate products amortize over 15-30 years.
These excerpts taken from the VCBI 10-K filed Mar 16, 2009.
SEC FILING Commission file number: 000-28635
54-1964895
5350 Lee Highway, Arlington, Virginia22207
Nasdaq Stock Market (Global Select)
Accelerated filer 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  No 

Directors, Executive Officers and Corporate Governance.
The information required by Item 10 is incorporated by reference
from the material under the captions “Election of Directors” and “Compliance
with Section 16(a) of the Securities Exchange Act of 1934” in the
Proxy Statement. The Company has adopted a code of ethics that applies to its
Chief Executive Officer and Chief Financial Officer. A copy of the code of
ethics will be provided to any person, without charge, upon written request
directed to Lynda Cornell, Assistant to the Chief Executive Officer, Virginia
Commerce Bancorp, Inc., 5350 Lee Highway, Arlington, Virginia 22207

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2010
Subsidiaries of the Registrant

Legal Name of Entity Jurisdiction of Organization Ownership Interest
Virginia Commerce Bancorp, Inc (registrant) Virginia
Virginia Commerce Bank Virginia 100%
Northeast Land and Investment Company Virginia 100%

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Published by: Mary Cochrane on Sep 16, 2012
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The Bank has one wholly owned subsidiary, Northeast Land and InvestmentCompany, a Virginia corporation, organized to hold and market foreclosed realestate. The Bank offers its services from its main office, located at Virginia, and26 additional banking offices, one mortgage lending office, one investmentservices office and its bank operations center
 
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
 
We consent to the incorporation by reference in Registration Statements Nos. 33-114926,333-156639 and 333-167263 on Form S-3
 
and Registration Statement Nos. 333-68576, 333-68578, 333-68580, 333-108210, 333-109079, 333-142447 and 333-166483 on Form S-8 of Virginia Commerce Bancorp, Inc.and subsidiaries of our reports dated March 16, 2011, relating to our audits of theconsolidated financial statements and internal control over financial reporting, whichappear in this Annual Report on Form 10-K of Virginia Commerce Bancorp, Inc. andsubsidiaries for the year ended December 31, 2010.
http://www.scc.virginia.gov/boi/ConsumerInquiry/ProducerSearch.aspx
 ASC 320 - Investments - Debt and Equity Securities
Virginia Commerce Bancorp, Inc. and subsidiariesVirginia Commerce Bancorp, Inc. is the parent bank holding company for Virginia Commerce Bank (the
“Bank”),a Virginia state
-chartered bank that commenced operations in May 1988
 
While loans are the Compan
y’s major asset, deposits are the Company’s major source of funding and
as a result the major contributor to interest expense
 
 
“he Company’s investment securities portfolio represents its second largest asset class and contributor to
interest income, and
is generally maintained as a primary source of liquidity”
 
Mortgage Lending.
 The Company originates residential mortgage loans, on a pre-sold basis, for sale tosecondary market purchasers, on a servicing released basis. This produces benefitsprimarily in the form of gains on the sale of the loans at a premium. Activity in theresidential mortgage loan market is highly sensitive to changes in interest rates. Theloans are sold on a limited recourse basis. Most contracts with investors contain
 
recourse periods that may vary from 90 days up to one year. In general, the Companymay be required to repurchase a previously sold mortgage loan or indemnify the investorif there is major non-compliance with defined loan origination or documentationstandards, including fraud, negligence or material misstatement in the loan documents.Repurchase may also be required if necessary governmental loan guarantees arecanceled or never issued, or if an investor is forced to buy back a loan after it has beenre-sold as part of a loan pool. In addition, the Company may have an obligation torepurchase a loan if the mortgagor has defaulted early in the loan term. The potentialdefault period is approximately twelve months after sale of the loan to the investor.Mortgages subject to recourse are collateralized by single-family residential properties,have loan-to-value ratios of 80% or less, or have private mortgage insurance or areinsured or guaranteed by an agency of the United States government. On a limited basis,the Company holds some first trust residential mortgages in portfolio which have loan-to-value ratios of 80% or less. Maximum debt service to income ratio is 45%. Adjustablerate mortgage products amortize over a 30 year period; fixed rate products amortize over15-30 years.
Bank pursues a traditional community banking strategy, offering a full range of business andconsumer banking services through twenty-seven branch offices, one residential mortgage office andone investment services office. Headquartered in Arlington, Virginia, Virginia Commerce serves theNorthern Virginia suburbs of Washington, D.C., including Arlington, Fairfax, Fauquier, Loudoun, PrinceWilliam, Spotsylvania and Stafford Counties and the cities of Alexandria, Fairfax, Falls Church,Fredericksburg, Manassas and Manassas Park. Its service area also covers, to a lesser extent,Washington, D.C. and the nearby Maryland counties of Montgomery and Prince Georges. The B
ank’s
customer base includes small-to-medium sized businesses including firms that have contracts with theU.S. government, associations, retailers and industrial businesses, professionals and their firms,business executives, investors and consumers.
Accounting by Creditors for Impairment of a Loan, which requires that losses be accrued based onthe differences between the value of collateral, present value of future cash flows or values that areobservable in the secondary market and the loan balance.
 
These excerpts taken from the VCBI 10-K filed Mar 16, 2009.
 
SEC FILING Commission file number: 000-2863554-19648955350 Lee Highway, Arlington, Virginia22207
Nasdaq Stock Market (Global Select)Accelerated filer

 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes
No

Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
The registrant’sCommon Stock is traded on the
Nasdaq Global Select Market under the symbolVCBI. The aggregate market value of the approximately 19,188,995 shares of Common Stock of the registrant issued and outstanding held by non-affiliates onJune 30, 2008 was approximately $99.6 million, based on the closing salesprice of $5.19 per share on that date. For purposes of this calculation, theterm
“affiliate” refers to all directors, executive officers and 10%
shareholders of the registrant.As of theclose of 
 business on March 1, 2009, 26,688,143 shares of the registrant’s
Common Stock were outstanding
 
Directors, Executive Officers and Corporate Governance.
 The information required by Item 10 is incorporated by reference
from the material under the captions “Election of Directors” and “Compliance
 
with Section 16(a) of the Securities Exchange Act of 1934” in the
 Proxy Statement. The Company has adopted a code of ethics that applies to itsChief Executive Officer and Chief Financial Officer. A copy of the code of ethics will be provided to any person, without charge, upon written requestdirected to Lynda Cornell, Assistant to the Chief Executive Officer, VirginiaCommerce Bancorp, Inc., 5350 Lee Highway, Arlington, Virginia 22207
 
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the fiscal year ended December 31, 2010
 
Subsidiaries of the Registrant
Legal Name of Entity
 
Jurisdictionof Organization
 
Ownership Interest
 
Virginia Commerce Bancorp, Inc (registrant)
 
Virginia
 
Virginia Commerce Bank 
 
Virginia
 
100%
 
Northeast Land and Investment Company
 
Virginia
 
100%
 
Tombstone Land Company
 
Virginia
 
100%
 
Virginia Commerce Insurance Agency,L.L.C.
 
Virginia
 
100%
 
VCBI Capital Trust II
 
Delaware
 
100% of voting securities
 
VCBI Capital Trust III
 
Delaware
 
100% of voting securities
 
VCBI Capital Trust IV
 
Delaware
 
100% of voting securities
 
Exhibit 21
 
Subsidiaries of the Registrant
 

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