First Bank
Strasburg, VA
IDRSSD: 899428
Total Assets
$2.04B
Latest filing
Total Deposits
$1.82B
Latest filing
Net Interest Margin
4.08%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First Bank
112 W King St
Strasburg, VA 22657
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/01/1907FDIC Certificate 4648
Branches (32)
Page 1 of 5| Name | Address | City / State |
|---|---|---|
| First Bank (Main) | 112 W King St | Strasburg, VA |
| DALEVILLE BRANCH | 1245 Roanoke Rd | Daleville, VA |
| BLUE RIDGE BRANCH | 98 Blue Ridge Blvd | Blue Ridge, VA |
| TROUTVILLE BRANCH | 5192 Lee Hwy | Troutville, VA |
| CLOVERDALE BRANCH | 614 Lee Hwy | Roanoke, VA |
| AIRPORT BRANCH | 23315 Airport St | Petersburg, VA |
| DINWIDDIE BRANCH | 13812 Boydton Plank Rd | Dinwiddie, VA |
| MATOACA BRANCH | 6300 River Rd | South 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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 07/01/1907 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 22657 |
| State and County Number | 51171 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 05 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 294 |
| Domestic Offices | 33 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/01/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fbvirginia.com |
| Data Updated | 01/30/2026 |
| CERT | 6917 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $2.04B |
| Total Deposits | $1.82B |
| Total Liabilities | $1.85B |
| Total Equity Capital | $188.39M |
| Net Income | $5.97M |
| Net Loans and Leases | $1.44B |
| Assets Per Employee ($Millions) | $6.62M |
| Bank Premises and Fixed Assets | $34.71M |
| Cash and Balances due from Depository Institutions | $160.91M |
| Deposits Held in Domestic Offices | $1.82B |
Key Performance Ratios
| Return on Assets (ROA) | 1.17% |
| Return on Equity (ROE) | 12.91% |
| Net Interest Margin | 4.08% |
| Efficiency Ratio | 63.59% |
| Tier 1 Risk-Based Capital Ratio | 12.593% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.19% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.241% |
| Earning Assets to total Assets | 92.98% |
Income and Expense
| Total Interest Income | $25.22M |
| Total Noninterest Income | $5.09M |
| Total Interest Expense | $5.93M |
| Total Noninterest Expense | $15.95M |
| Net Interest Income | $19.29M |
| Pre-tax Net Operating Income | $7.49M |
| Provision for Credit Losses | $950.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $25.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $9.21M |
| Total Liabilities and Capital | $2.04B |
Securities
| Securities | $320.41M |
| Available-for-sale debt securities | $217.54M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $102.95M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Bank?
$2.04B as of the latest filing.
How much are First Bank's total deposits?
$1.82B in total deposits.
Where is First Bank located?
Strasburg, VA.
What is the Net Interest Margin?
4.08%.
How many domestic offices does it operate?
33.
When was it established?
07/01/1907.
What is the Return on Assets (ROA)?
1.17%.
How much are total loans and leases?
$1.44B (latest filing).
What is the total interest income (latest filing)?
$25.22M.