Primis Bank

Tappahannock, VA
IDRSSD: 3325759
Total Assets
$3.94B
Latest filing
Total Deposits
$3.37B
Latest filing
Net Interest Margin
3.40%
Profitability

Locations

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Main Office
Primis Bank
1665 Tappahannock Blvd
Tappahannock, VA 22560
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/14/2005FDIC Certificate 432804

Branches (27)

Page 1 of 4
NameAddressCity / State
Primis Bank (Main)1665 Tappahannock BlvdTappahannock, VA
COURTLAND BRANCH22241 Main StCourtland, VA
SURRY BRANCH176 Colonial Trl ESurry, VA
COURTLAND DRIVE-IN BRANCH22510 Linden StCourtland, VA
WAVERLY DRIVE-IN BRANCH233 S County DrWaverly, VA
ESSEX SQUARE BRANCH1665 Tappahannock BlvdTappahannock, VA
HARTFIELD BRANCH11290 General Puller HighwayHartfield, VA
URBANNA BRANCH291 Virginia StUrbanna, VA
Showing 7 of 27

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 member, supervised by FRB
Primary RegulatorFED
Established Date04/14/2005
Community BankNo
Ownership TypeNot Mutual
ZIP22560
State and County Number51057
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameN/A

Operational Info

Number of Employees582
Domestic Offices28
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date09/01/2023
Date of Deposit Insurance04/14/2005
Primary Insurance AgencyDIF
Websitewww.primisbank.com
Data Updated11/14/2025
CERT57968
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$3.94B
Total Deposits$3.37B
Total Liabilities$3.51B
Total Equity Capital$428.75M
Net Income$1.98M
Net Loans and Leases$3.36B
Assets Per Employee ($Millions)$6.7M
Bank Premises and Fixed Assets$28.81M
Cash and Balances due from Depository Institutions$64.04M
Deposits Held in Domestic Offices$3.37B

Key Performance Ratios

Return on Assets (ROA)0.2%
Return on Equity (ROE)1.85%
Net Interest Margin3.4%
Efficiency Ratio76.38%
Tier 1 Risk-Based Capital Ratio10.143%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.73%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.884%
Earning Assets to total Assets92.5%

Income and Expense

Total Interest Income$51.41M
Total Noninterest Income$11.23M
Total Interest Expense$20.89M
Total Noninterest Expense$31.90M
Net Interest Income$30.52M
Pre-tax Net Operating Income$2.76M
Provision for Credit Losses$7.09M
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$100.40M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$3.95M
All Other Liabilities$34.85M
Total Liabilities and Capital$3.94B

Securities

Securities$243.21M
Available-for-sale debt securities$234.66M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$8.55M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Primis Bank?
$3.94B as of the latest filing.
How much are Primis Bank's total deposits?
$3.37B in total deposits.
Where is Primis Bank located?
Tappahannock, VA.
What is the Net Interest Margin?
3.40%.
How many domestic offices does it operate?
28.
When was it established?
04/14/2005.
What is the Return on Assets (ROA)?
0.2%.
How much are total loans and leases?
$3.36B (latest filing).
What is the total interest income (latest filing)?
$51.41M.