New Horizon Bank, National Association

Powhatan, VA
IDRSSD: 3816154
Total Assets
$251.14M
Latest filing
Total Deposits
$205.34M
Latest filing
Net Interest Margin
4.14%
Profitability

Key People

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Locations

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Main Office
New Horizon Bank, National Association
1870 Stoneridge Commerce Dr
Powhatan, VA 23139
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/07/2009FDIC Certificate 470809

Branches (0)

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NameAddressCity / State
No branch data available.
New Horizon Bank, National Association (Main)1870 Stoneridge Commerce DrPowhatan, VA

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, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date10/07/2009
Community BankYes
Ownership TypeNot Mutual
ZIP23139
State and County Number51145
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameRichmond, VA

Operational Info

Number of Employees51
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date05/09/2024
Date of Deposit Insurance10/07/2009
Primary Insurance AgencyDIF
Websitewww.newhorizonbank.com
Data Updated01/30/2026
CERT58857
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$251.14M
Total Deposits$205.34M
Total Liabilities$217.18M
Total Equity Capital$33.96M
Net Income$-1,258,000
Net Loans and Leases$144.19M
Assets Per Employee ($Millions)$5.46M
Bank Premises and Fixed Assets$4.41M
Cash and Balances due from Depository Institutions$78.76M
Deposits Held in Domestic Offices$205.34M

Key Performance Ratios

Return on Assets (ROA)-2.16%
Return on Equity (ROE)-15.82%
Net Interest Margin4.14%
Efficiency Ratio119.56%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.32%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets13.522%
Earning Assets to total Assets95.07%

Income and Expense

Total Interest Income$3.24M
Total Noninterest Income$125.00k
Total Interest Expense$954.00k
Total Noninterest Expense$2.88M
Net Interest Income$2.28M
Pre-tax Net Operating Income$-661,000
Provision for Credit Losses$184.00k
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$9.35M
Federal Funds Sold & Reverse Repurchase Agreement$2.21M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.49M
Total Liabilities and Capital$251.14M

Securities

Securities$14.89M
Available-for-sale debt securities$14.89M
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 New Horizon Bank, National Association?
$251.14M as of the latest filing.
How much are New Horizon Bank, National Association's total deposits?
$205.34M in total deposits.
Where is New Horizon Bank, National Association located?
Powhatan, VA.
What is the Net Interest Margin?
4.14%.
How many domestic offices does it operate?
1.
When was it established?
10/07/2009.
What is the Return on Assets (ROA)?
-2.16%.
How much are total loans and leases?
$144.19M (latest filing).
What is the total interest income (latest filing)?
$3.24M.