Locus Bank, Inc.
Richmond, VA
IDRSSD: 3626858
Total Assets
$343.85M
Latest filing
Total Deposits
$244.20M
Latest filing
Net Interest Margin
3.48%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
051409524RICHMOND, VA
Key People
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Locations
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Main Office
Locus Bank, Inc.
7814 Carousel Ln
Richmond, VA 23294
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/20/2008FDIC Certificate 461847
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Locus Bank, Inc. (Main) | 7814 Carousel Ln | Richmond, VA |
| CHRISTANSBURG BRANCH | 110 Peppers Fry Rd Nw | Christiansburg, VA |
Showing 1 of 1
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 | 08/20/2008 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 23294 |
| State and County Number | 51087 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| 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 | Richmond, VA |
Operational Info
| Number of Employees | 32 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 09/05/2023 |
| Date of Deposit Insurance | 08/20/2008 |
| Primary Insurance Agency | DIF |
| Website | locusimpact.org |
| Data Updated | 01/30/2026 |
| CERT | 58658 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $343.85M |
| Total Deposits | $244.20M |
| Total Liabilities | $271.50M |
| Total Equity Capital | $72.34M |
| Net Income | $817.00k |
| Net Loans and Leases | $275.73M |
| Assets Per Employee ($Millions) | $9.29M |
| Bank Premises and Fixed Assets | $1.44M |
| Cash and Balances due from Depository Institutions | $18.02M |
| Deposits Held in Domestic Offices | $244.20M |
Key Performance Ratios
| Return on Assets (ROA) | 0.95% |
| Return on Equity (ROE) | 4.52% |
| Net Interest Margin | 3.48% |
| Efficiency Ratio | 60.01% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.21% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 21.039% |
| Earning Assets to total Assets | 95.83% |
Income and Expense
| Total Interest Income | $4.98M |
| Total Noninterest Income | $154.00k |
| Total Interest Expense | $2.13M |
| Total Noninterest Expense | $1.80M |
| Net Interest Income | $2.85M |
| Pre-tax Net Operating Income | $1.02M |
| Provision for Credit Losses | $179.00k |
| 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 | $112.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.30M |
| Total Liabilities and Capital | $343.85M |
Securities
| Securities | $36.26M |
| Available-for-sale debt securities | $32.01M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $4.26M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Locus Bank, Inc.?
$343.85M as of the latest filing.
How much are Locus Bank, Inc.'s total deposits?
$244.20M in total deposits.
Where is Locus Bank, Inc. located?
Richmond, VA.
What is the Net Interest Margin?
3.48%.
How many domestic offices does it operate?
2.
When was it established?
08/20/2008.
What is the Return on Assets (ROA)?
0.95%.
How much are total loans and leases?
$275.73M (latest filing).
What is the total interest income (latest filing)?
$4.98M.