Investor Presentaiton
Our Presence in Key Markets
Virginia
Richmond
Rank
Institution
Deposits Market
($mm)
Share
Deposits
Market
Branches
Rank
Institution
Branches
($mm)
Share
1
Truist Financial Corp
$48,832
23.8%
368
1
Truist Financial Corp
$9,311
29.2%
71
2
Wells Fargo & Co
33,337
16.2
230
2
Wells Fargo & Co
7,968
25.0
56
3
Bank of America Corp.
21,769
10.6
118
3
Atlantic Union Bankshares Corp
4,938
15.5
26
4
Atlantic Union Bankshares Corp
15,360
7.5
123
4
Bank of America Corp.
2,396
7.5
5
United Bankshares, Inc.
8,596
4.2
85
5
TowneBank
1,198
3.8
6
TowneBank
8,522
4.2
32
6
C&F Financial Corp.
1,064
3.3
7
Capital One Financial Corp.
7,165
3.5
27
7
Community Bankers Trust Corp.
773
2.4
8
PNC Financial Services Group Inc.
5,112
2.5
95
8
Southern National Bancorp of Virginia
689
2.2
9
Blue Ridge Bankshares
3,391
1.7
37
9
Blue Ridge Bankshares, Inc.
603
1.9
10
Carter Bank & Trust
3,121
1.5
57
10
Village Bank and Trust Financial Corp.
569
1.8
12852278
20
(1)
Northern Virginia
Coastal Virginia
Rank
Institution
1
Truist Financial Corp
Deposits Market
($mm)
Share
$21,608
23.5%
Deposits
Branches
Rank
Institution
($mm)
Market
Share
Branches
152
1
TowneBank
$7,557
25.4%
2
Bank of America Corp.
13,723
14.9
60
2
Truist Financial Corp
7,064
23.8
3
Wells Fargo & Co.
11,934
13.0
88
3
Wells Fargo & Co.
5,810
19.5
4
Capital One Financial Corp.
7,165
7.8
37
4
Bank of America Corp.
3,676
12.4
5
United Bankshares Inc.
6,565
7.2
48
5
Atlantic Union Bankshares Corp.
1,336
4.5
6
Atlantic Union Bankshares Corp.
4,937
5.4
32
6
Old Point Financial Corp.
1,014
3.4
7
PNC Financial Services Group Inc.
4.424
4.8
82
7
Chesapeake Financial Shares Inc.
582
2.0
8
Toronto-Dominion Bank
2,759
3.0
24
8
Southern BancShares (N.C.) Inc.
573
1.9
9
10
Burke & Herbert Bank & Trust Co.
Citigroup Inc.
2,706
3.0
25
9
1,550
1.7
6
10
PNC Financial Services Group Inc.
Farmers Bankshares Inc.
458
1.5
428
1.4
222222∞ == ∞
28
72
42
29
15
8
11
11
8
Atlantic
Source: S&P Global Market Intelligence
Note: Deposit data excludes branches with deposits greater than $5 billion
Deposit data as of 6/30/20; pro forma for announced transactions and AUB branch count is proforma based on completed branch closings
(1) Northern Virginia includes only the Virginia branches of the Washington, Alexandria, and DC MSA
Union Bankshares (2) Coastal Virginia includes the Virginia Beach, Norfolk, and Newport News MSA and the Outer Banks of North Carolina
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