First Bank

Strasburg, VA
IDRSSD: 899428
Total Assets
$2.03B
Latest filing
Total Deposits
$1.84B
Latest filing
Net Interest Margin
4.00%
Profitability

Locations

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Main Office
First Bank
112 W King St
Strasburg, VA 22657
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/01/1907FDIC Certificate 4648

Branches (32)

Page 1 of 5
NameAddressCity / State
First Bank (Main)112 W King StStrasburg, VA
DALEVILLE BRANCH1245 Roanoke RdDaleville, VA
BLUE RIDGE BRANCH98 Blue Ridge BlvdBlue Ridge, VA
TROUTVILLE BRANCH5192 Lee HwyTroutville, VA
CLOVERDALE BRANCH614 Lee HwyRoanoke, VA
AIRPORT BRANCH23315 Airport StPetersburg, VA
DINWIDDIE BRANCH13812 Boydton Plank RdDinwiddie, VA
MATOACA BRANCH6300 River RdSouth Chesterfield, VA
Showing 7 of 32

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 Date07/01/1907
Community BankYes
Ownership TypeNot Mutual
ZIP22657
State and County Number51171
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 Employees294
Domestic Offices33
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date10/01/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.fbvirginia.com
Data Updated11/14/2025
CERT6917
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.03B
Total Deposits$1.84B
Total Liabilities$1.85B
Total Equity Capital$181.46M
Net Income$6.10M
Net Loans and Leases$1.42B
Assets Per Employee ($Millions)$6.91M
Bank Premises and Fixed Assets$35.23M
Cash and Balances due from Depository Institutions$189.32M
Deposits Held in Domestic Offices$1.84B

Key Performance Ratios

Return on Assets (ROA)1.2%
Return on Equity (ROE)13.79%
Net Interest Margin4%
Efficiency Ratio65.26%
Tier 1 Risk-Based Capital Ratio12.361%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.04%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.936%
Earning Assets to total Assets92.85%

Income and Expense

Total Interest Income$25.09M
Total Noninterest Income$4.62M
Total Interest Expense$6.25M
Total Noninterest Expense$15.75M
Net Interest Income$18.84M
Pre-tax Net Operating Income$7.52M
Provision for Credit Losses$193.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$8.23M
Total Liabilities and Capital$2.03B

Securities

Securities$301.08M
Available-for-sale debt securities$196.48M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$104.69M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Bank?
$2.03B as of the latest filing.
How much are First Bank's total deposits?
$1.84B in total deposits.
Where is First Bank located?
Strasburg, VA.
What is the Net Interest Margin?
4.00%.
How many domestic offices does it operate?
33.
When was it established?
07/01/1907.
What is the Return on Assets (ROA)?
1.2%.
How much are total loans and leases?
$1.42B (latest filing).
What is the total interest income (latest filing)?
$25.09M.