Cardinal Bankshares Corp

(CDBK)

By |

Profile

Cardinal Bankshares Corp was incorporated as a Virginia Corporation on March 12, 1996 to acquire the stock of Bank of Floyd the Bank. The Bank was acquired by the Company on June 30, 1996. The Bank was organized as a state chartered bank on February 24, 1951 through the consummation of a plan of consolidation between two state chartered community banks then operating in Floyd County, Virginia. The Bank and its wholly owned subsidiary, FBC, Inc., are incorporated and operate under the laws of the Commonwealth of Virginia. The business of the Company and Bank is to provide individual and corporate banking services through the Bank's. The Bank's wholly owned subsidiary, FBC, Inc., has interests in Virginia Title Center, LLC as well as Virginia Bankers Insurance Center, LLC, both of which act as title insurance companies. FBC, Inc. also has an interest in VBA Investment Services, LLC. The Bank is a full service retail commercial bank offering a range of services, including demand and time deposits as well as installment, mortgage and other consumer lending services. The Bank makes seasonal and term commercial loans, both alone and in conjunction with other banks or governmental agencies. The majority of loans, commitments to extend credit, and standby letters of credit have been granted to customers in the Company's market area. The majority of such customers are also depositors. The Company competes as a financial intermediary with other commercial banks, savings and loan associations, credit unions and money market mutual funds operating in its trade area and elsewhere. As a state chartered Federal Reserve member, the Bank is subject to regulation by the Virginia Bureau of Financial Institutions and the Federal Reserve. FBC, Inc.'s assets and operations consist mainly of minority interests in title insurance companies.

Contact Information

Website: www.bankoffloyd.com
Email: bkfloyd@swva.net
Main Phone: +1 540 745-4191
Address: 101 Jacksonville Circle
Address 2: P.O. Box 215
State: VA
City / Town: Floyd
Country: USA
Postal Code: 24091

Issuer Information

Exchange: OTO
CEO: Michael D. Larrowe
Employees: 39
NAICS: Commercial Banking(522110)


Gathering Data... Please wait

Profile

Cardinal Bankshares Corp was incorporated as a Virginia Corporation on March 12, 1996 to acquire the stock of Bank of Floyd the Bank. The Bank was acquired by the Company on June 30, 1996. The Bank was organized as a state chartered bank on February 24, 1951 through the consummation of a plan of consolidation between two state chartered community banks then operating in Floyd County, Virginia. The Bank and its wholly owned subsidiary, FBC, Inc., are incorporated and operate under the laws of the Commonwealth of Virginia. The business of the Company and Bank is to provide individual and corporate banking services through the Bank's. The Bank's wholly owned subsidiary, FBC, Inc., has interests in Virginia Title Center, LLC as well as Virginia Bankers Insurance Center, LLC, both of which act as title insurance companies. FBC, Inc. also has an interest in VBA Investment Services, LLC. The Bank is a full service retail commercial bank offering a range of services, including demand and time deposits as well as installment, mortgage and other consumer lending services. The Bank makes seasonal and term commercial loans, both alone and in conjunction with other banks or governmental agencies. The majority of loans, commitments to extend credit, and standby letters of credit have been granted to customers in the Company's market area. The majority of such customers are also depositors. The Company competes as a financial intermediary with other commercial banks, savings and loan associations, credit unions and money market mutual funds operating in its trade area and elsewhere. As a state chartered Federal Reserve member, the Bank is subject to regulation by the Virginia Bureau of Financial Institutions and the Federal Reserve. FBC, Inc.'s assets and operations consist mainly of minority interests in title insurance companies.

Contact Information

Website: www.bankoffloyd.com
Email: bkfloyd@swva.net
Main Phone: +1 540 745-4191
Address: 101 Jacksonville Circle
Address 2: P.O. Box 215
State: VA
City / Town: Floyd
Country: USA
Postal Code: 24091

Issuer Information

Exchange: OTO
CEO: Michael D. Larrowe
Employees: 39
NAICS: Commercial Banking(522110)
(%)
Company data no longer available
Last Price N/A Change $ N/A Change % N/A Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close N/A
Last Trade Volume 0 52 Wk Hi 9.95 52 Wk Low 8.52
Market Cap N/A Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 1,535,733.00 EPS (TTM) -1.64 PE Ratio N/A Exchange OTCPK