Select Bank
Forest, VA
IDRSSD: 3567269
Total Assets
$507.21M
Latest filing
Total Deposits
$456.00M
Latest filing
Net Interest Margin
3.32%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Select Bank
211 Gristmill Dr
Forest, VA 24551
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/04/2007FDIC Certificate 456799
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Select Bank (Main) | 211 Gristmill Dr | Forest, VA |
| BEDFORD OFFICE BRANCH | 1387 American Way | Bedford, VA |
| TIMBERLAKE OFFICE BRANCH | 7113 Timberlake Rd | Lynchburg, VA |
| BOONSBORO OFFICE BRANCH | 4925 Boonsboro Rd | Lynchburg, VA |
| HUFFMAN MILL ROAD BURLINGTON BRANCH | 3158 S Church Street | Burlington, NC |
| STAUNTON OFFICE BRANCH | 1111 Greenville Ave | Staunton, VA |
Showing 5 of 5
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 member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 06/04/2007 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 24551 |
| State and County Number | 51019 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Lynchburg, VA |
Operational Info
| Number of Employees | 53 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 06/04/2007 |
| Primary Insurance Agency | DIF |
| Website | myselectbank.com |
| Data Updated | 11/14/2025 |
| CERT | 58563 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $507.21M |
| Total Deposits | $456.00M |
| Total Liabilities | $468.30M |
| Total Equity Capital | $38.91M |
| Net Income | $1.35M |
| Net Loans and Leases | $440.52M |
| Assets Per Employee ($Millions) | $9.57M |
| Bank Premises and Fixed Assets | $6.00M |
| Cash and Balances due from Depository Institutions | $6.12M |
| Deposits Held in Domestic Offices | $456.00M |
Key Performance Ratios
| Return on Assets (ROA) | 1.07% |
| Return on Equity (ROE) | 14.36% |
| Net Interest Margin | 3.32% |
| Efficiency Ratio | 59.72% |
| Tier 1 Risk-Based Capital Ratio | 11.516% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.672% |
| Earning Assets to total Assets | 94.67% |
Income and Expense
| Total Interest Income | $7.32M |
| Total Noninterest Income | $303.00k |
| Total Interest Expense | $3.37M |
| Total Noninterest Expense | $2.54M |
| Net Interest Income | $3.95M |
| Pre-tax Net Operating Income | $1.71M |
| Provision for Credit Losses | $0 |
| 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 | $10.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $89.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.29M |
| Total Liabilities and Capital | $507.21M |
Securities
| Securities | $37.59M |
| Available-for-sale debt securities | $37.59M |
| 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 Select Bank?
$507.21M as of the latest filing.
How much are Select Bank's total deposits?
$456.00M in total deposits.
Where is Select Bank located?
Forest, VA.
What is the Net Interest Margin?
3.32%.
How many domestic offices does it operate?
6.
When was it established?
06/04/2007.
What is the Return on Assets (ROA)?
1.07%.
How much are total loans and leases?
$440.52M (latest filing).
What is the total interest income (latest filing)?
$7.32M.