Select Bank
Forest, VA
IDRSSD: 3567269
Total Assets
$512.89M
Latest filing
Total Deposits
$465.07M
Latest filing
Net Interest Margin
3.47%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
051409456LYNCHBURG, VA
Key People
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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 01/30/2026Established 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
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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
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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 | 01/30/2026 |
| CERT | 58563 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $512.89M |
| Total Deposits | $465.07M |
| Total Liabilities | $472.67M |
| Total Equity Capital | $40.22M |
| Net Income | $1.24M |
| Net Loans and Leases | $440.47M |
| Assets Per Employee ($Millions) | $9.33M |
| Bank Premises and Fixed Assets | $5.91M |
| Cash and Balances due from Depository Institutions | $11.22M |
| Deposits Held in Domestic Offices | $465.07M |
Key Performance Ratios
| Return on Assets (ROA) | 0.97% |
| Return on Equity (ROE) | 12.49% |
| Net Interest Margin | 3.47% |
| Efficiency Ratio | 71.07% |
| Tier 1 Risk-Based Capital Ratio | 11.573% |
| 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 | 7.841% |
| Earning Assets to total Assets | 94.85% |
Income and Expense
| Total Interest Income | $7.42M |
| Total Noninterest Income | $343.00k |
| Total Interest Expense | $3.23M |
| Total Noninterest Expense | $3.23M |
| Net Interest Income | $4.20M |
| Pre-tax Net Operating Income | $1.31M |
| Provision for Credit Losses | $0 |
| 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 | $5.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $535.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.60M |
| Total Liabilities and Capital | $512.89M |
Securities
| Securities | $38.16M |
| Available-for-sale debt securities | $38.16M |
| 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 Select Bank?
$512.89M as of the latest filing.
How much are Select Bank's total deposits?
$465.07M in total deposits.
Where is Select Bank located?
Forest, VA.
What is the Net Interest Margin?
3.47%.
How many domestic offices does it operate?
6.
When was it established?
06/04/2007.
What is the Return on Assets (ROA)?
0.97%.
How much are total loans and leases?
$440.47M (latest filing).
What is the total interest income (latest filing)?
$7.42M.