New Horizon Bank, National Association

Powhatan, VA
IDRSSD: 3816154
Total Assets
$214.04M
Latest filing
Total Deposits
$172.59M
Latest filing
Net Interest Margin
3.90%
Profitability

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 11/14/2025Established 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 Employees52
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 Updated11/14/2025
CERT58857
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$214.04M
Total Deposits$172.59M
Total Liabilities$184.40M
Total Equity Capital$29.64M
Net Income$-646,000
Net Loans and Leases$124.38M
Assets Per Employee ($Millions)$4.2M
Bank Premises and Fixed Assets$4.44M
Cash and Balances due from Depository Institutions$47.30M
Deposits Held in Domestic Offices$172.59M

Key Performance Ratios

Return on Assets (ROA)-1.19%
Return on Equity (ROE)-8.74%
Net Interest Margin3.9%
Efficiency Ratio109.78%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.26%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets13.847%
Earning Assets to total Assets94.54%

Income and Expense

Total Interest Income$3.01M
Total Noninterest Income$499.00k
Total Interest Expense$1.01M
Total Noninterest Expense$2.76M
Net Interest Income$2.00M
Pre-tax Net Operating Income$-395,000
Provision for Credit Losses$143.00k
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$9.35M
Federal Funds Sold & Reverse Repurchase Agreement$162.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.46M
Total Liabilities and Capital$214.04M

Securities

Securities$31.43M
Available-for-sale debt securities$31.43M
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 New Horizon Bank, National Association?
$214.04M as of the latest filing.
How much are New Horizon Bank, National Association's total deposits?
$172.59M in total deposits.
Where is New Horizon Bank, National Association located?
Powhatan, VA.
What is the Net Interest Margin?
3.90%.
How many domestic offices does it operate?
1.
When was it established?
10/07/2009.
What is the Return on Assets (ROA)?
-1.19%.
How much are total loans and leases?
$124.38M (latest filing).
What is the total interest income (latest filing)?
$3.01M.