Movement Bank

Danville, VA
IDRSSD: 722227
Total Assets
$154.05M
Latest filing
Total Deposits
$109.72M
Latest filing
Net Interest Margin
3.58%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

051401043DANVILLE, VA

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Movement Bank
1296 Piney Forest Road
Danville, VA 24540
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/08/1919FDIC Certificate 6104

Branches (3)

Page 1 of 1
NameAddressCity / State
Movement Bank (Main)1296 Piney Forest RoadDanville, VA
FORT MILL BRANCH9726 Old Bailes RdFort Mill, SC
RANDLEMAN BRANCH117 S Main StRandleman, NC
ARDEN BRANCH2397 Hendersonville RdArden, NC
Showing 3 of 3

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 non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/08/1919
Community BankYes
Ownership TypeNot Mutual
ZIP24540
State and County Number51590
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number05
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameDanville, VA

Operational Info

Number of Employees39
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date01/19/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.movementbank.com
Data Updated01/30/2026
CERT9502
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$154.05M
Total Deposits$109.72M
Total Liabilities$136.31M
Total Equity Capital$17.74M
Net Income$992.00k
Net Loans and Leases$114.74M
Assets Per Employee ($Millions)$3.76M
Bank Premises and Fixed Assets$2.85M
Cash and Balances due from Depository Institutions$16.77M
Deposits Held in Domestic Offices$109.72M

Key Performance Ratios

Return on Assets (ROA)2.52%
Return on Equity (ROE)24.11%
Net Interest Margin3.58%
Efficiency Ratio80.57%
Tier 1 Risk-Based Capital Ratio15.572%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.517%
Earning Assets to total Assets93.37%

Income and Expense

Total Interest Income$2.09M
Total Noninterest Income$3.67M
Total Interest Expense$763.00k
Total Noninterest Expense$4.02M
Net Interest Income$1.32M
Pre-tax Net Operating Income$976.00k
Provision for Credit Losses$-6,000
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$1.58M
Total Liabilities and Capital$154.05M

Securities

Securities$13.46M
Available-for-sale debt securities$13.46M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Movement Bank?
$154.05M as of the latest filing.
How much are Movement Bank's total deposits?
$109.72M in total deposits.
Where is Movement Bank located?
Danville, VA.
What is the Net Interest Margin?
3.58%.
How many domestic offices does it operate?
4.
When was it established?
09/08/1919.
What is the Return on Assets (ROA)?
2.52%.
How much are total loans and leases?
$114.74M (latest filing).
What is the total interest income (latest filing)?
$2.09M.