The Bank of Marion

Marion, VA
IDRSSD: 858528
Total Assets
$595.59M
Latest filing
Total Deposits
$526.03M
Latest filing
Net Interest Margin
4.02%
Profitability

Locations

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Main Office
The Bank of Marion
102 W Main St
Marion, VA 24354
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/13/1874FDIC Certificate 6107

Branches (16)

Page 1 of 3
NameAddressCity / State
The Bank of Marion (Main)102 W Main StMarion, VA
WEBER CITY BRANCH2768 Us Highway 23 NorthWeber City, VA
ROYAL OAK BRANCH1600 N Main StMarion, VA
WASHINGTON AVENUE BRANCH1026 S Main StMarion, VA
CHILHOWIE BRANCH1155 E Lee HwyChilhowie, VA
GLADE SPRING BRANCH656 S Monte Vista DrGlade Spring, VA
RURAL RETREAT BRANCH512 N Main StRural Retreat, VA
SALTVILLE BRANCH101 Bank StSaltville, VA
Showing 7 of 16

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date04/13/1874
Community BankYes
Ownership TypeNot Mutual
ZIP24354
State and County Number51173
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number05
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameN/A

Operational Info

Number of Employees117
Domestic Offices17
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.bankofmarionva.com
Data Updated11/14/2025
CERT9507
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$595.59M
Total Deposits$526.03M
Total Liabilities$543.60M
Total Equity Capital$52.00M
Net Income$1.84M
Net Loans and Leases$403.66M
Assets Per Employee ($Millions)$5.22M
Bank Premises and Fixed Assets$7.00M
Cash and Balances due from Depository Institutions$14.83M
Deposits Held in Domestic Offices$526.03M

Key Performance Ratios

Return on Assets (ROA)1.24%
Return on Equity (ROE)14.83%
Net Interest Margin4.02%
Efficiency Ratio64.47%
Tier 1 Risk-Based Capital Ratio18.351%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.17%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.731%
Earning Assets to total Assets91.41%

Income and Expense

Total Interest Income$7.14M
Total Noninterest Income$1.39M
Total Interest Expense$1.71M
Total Noninterest Expense$4.40M
Net Interest Income$5.43M
Pre-tax Net Operating Income$2.17M
Provision for Credit Losses$250.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$105.00k
Other borrowed funds$12.50M
Federal Funds Sold & Reverse Repurchase Agreement$438.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$5.06M
Total Liabilities and Capital$595.59M

Securities

Securities$137.82M
Available-for-sale debt securities$137.82M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Bank of Marion?
$595.59M as of the latest filing.
How much are The Bank of Marion's total deposits?
$526.03M in total deposits.
Where is The Bank of Marion located?
Marion, VA.
What is the Net Interest Margin?
4.02%.
How many domestic offices does it operate?
17.
When was it established?
04/13/1874.
What is the Return on Assets (ROA)?
1.24%.
How much are total loans and leases?
$403.66M (latest filing).
What is the total interest income (latest filing)?
$7.14M.