Carter Bank & Trust

Martinsville, VA
IDRSSD: 3476192
Total Assets
$4.83B
Latest filing
Total Deposits
$4.21B
Latest filing
Net Interest Margin
3.02%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

051403957MARTINSVILLE, VA

Key People

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Locations

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Main Office
Carter Bank & Trust
4 Commonwealth Blvd E
Martinsville, VA 24112
Full Service - Brick and Mortar
Updated 01/30/2026Established 12/30/2006FDIC Certificate 457578

Branches (66)

Page 1 of 10
NameAddressCity / State
Carter Bank & Trust (Main)4 Commonwealth Blvd EMartinsville, VA
FALMOUTH BRANCH175 Warrenton RdFalmouth, VA
ROCKY MOUNT BRANCH400 Franklin StRocky Mount, VA
BASSETT BRANCH2770 Riverside DrBassett, VA
RIVERSIDE DRIVE BRANCH141 Westover DrDanville, VA
FLOYD BRANCH213 N Locust StFloyd, VA
LEXINGTON BRANCH116 E Midland TrlLexington, VA
CHRISTIANSBURG BRANCH200 College StChristiansburg, VA
Showing 7 of 66

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 Date12/30/2006
Community BankNo
Ownership TypeNot Mutual
ZIP24112
State and County Number51089
Subchapter S CorporationsNo
Trust PowersN/A
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 NameMartinsville, VA

Operational Info

Number of Employees691
Domestic Offices67
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date10/27/2025
Date of Deposit Insurance12/30/2006
Primary Insurance AgencyDIF
Websitewww.carterbank.com
Data Updated01/30/2026
CERT58596
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$4.83B
Total Deposits$4.21B
Total Liabilities$4.43B
Total Equity Capital$397.63M
Net Income$9.27M
Net Loans and Leases$3.81B
Assets Per Employee ($Millions)$7.02M
Bank Premises and Fixed Assets$77.91M
Cash and Balances due from Depository Institutions$105.16M
Deposits Held in Domestic Offices$4.21B

Key Performance Ratios

Return on Assets (ROA)0.77%
Return on Equity (ROE)9.25%
Net Interest Margin3.02%
Efficiency Ratio76.83%
Tier 1 Risk-Based Capital Ratio10.232%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.19%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.231%
Earning Assets to total Assets94.98%

Income and Expense

Total Interest Income$59.30M
Total Noninterest Income$4.80M
Total Interest Expense$24.69M
Total Noninterest Expense$30.34M
Net Interest Income$34.60M
Pre-tax Net Operating Income$11.32M
Provision for Credit Losses$-2,258,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$142.00k
Other borrowed funds$189.43M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$21.64M
Total Liabilities and Capital$4.83B

Securities

Securities$701.90M
Available-for-sale debt securities$691.61M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$10.18M
Trading Liabilities$10.09M

Frequently Asked Questions

What are the total assets of Carter Bank & Trust?
$4.83B as of the latest filing.
How much are Carter Bank & Trust's total deposits?
$4.21B in total deposits.
Where is Carter Bank & Trust located?
Martinsville, VA.
What is the Net Interest Margin?
3.02%.
How many domestic offices does it operate?
67.
When was it established?
12/30/2006.
What is the Return on Assets (ROA)?
0.77%.
How much are total loans and leases?
$3.81B (latest filing).
What is the total interest income (latest filing)?
$59.30M.