Movement Bank
Danville, VA
IDRSSD: 722227
Total Assets
$161.14M
Latest filing
Total Deposits
$119.26M
Latest filing
Net Interest Margin
3.62%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Movement Bank
1296 Piney Forest Road
Danville, VA 24540
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/08/1919FDIC Certificate 6104
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Movement Bank (Main) | 1296 Piney Forest Road | Danville, VA |
| FORT MILL BRANCH | 9726 Old Bailes Rd | Fort Mill, SC |
| RANDLEMAN BRANCH | 117 S Main St | Randleman, NC |
| ARDEN BRANCH | 2397 Hendersonville Rd | Arden, NC |
Showing 3 of 3
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
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 non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 09/08/1919 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 24540 |
| State and County Number | 51590 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 05 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Danville, VA |
Operational Info
| Number of Employees | 47 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 01/19/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.movementbank.com |
| Data Updated | 11/14/2025 |
| CERT | 9502 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $161.14M |
| Total Deposits | $119.26M |
| Total Liabilities | $145.96M |
| Total Equity Capital | $15.18M |
| Net Income | $-101,000 |
| Net Loans and Leases | $118.87M |
| Assets Per Employee ($Millions) | $4.13M |
| Bank Premises and Fixed Assets | $3.05M |
| Cash and Balances due from Depository Institutions | $20.47M |
| Deposits Held in Domestic Offices | $119.26M |
Key Performance Ratios
| Return on Assets (ROA) | -0.25% |
| Return on Equity (ROE) | -2.68% |
| Net Interest Margin | 3.62% |
| Efficiency Ratio | 109.62% |
| Tier 1 Risk-Based Capital Ratio | 13.14% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.11% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.42% |
| Earning Assets to total Assets | 94.11% |
Income and Expense
| Total Interest Income | $2.21M |
| Total Noninterest Income | $431.00k |
| Total Interest Expense | $817.00k |
| Total Noninterest Expense | $1.99M |
| Net Interest Income | $1.39M |
| Pre-tax Net Operating Income | $-131,000 |
| Provision for Credit Losses | $-44,000 |
| 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 | $25.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.70M |
| Total Liabilities and Capital | $161.14M |
Securities
| Securities | $13.56M |
| Available-for-sale debt securities | $13.56M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| 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?
$161.14M as of the latest filing.
How much are Movement Bank's total deposits?
$119.26M in total deposits.
Where is Movement Bank located?
Danville, VA.
What is the Net Interest Margin?
3.62%.
How many domestic offices does it operate?
4.
When was it established?
09/08/1919.
What is the Return on Assets (ROA)?
-0.25%.
How much are total loans and leases?
$118.87M (latest filing).
What is the total interest income (latest filing)?
$2.21M.