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The Bank of Charlotte County

Phenix, VA
IDRSSD: 667524
Total Assets
$216.31M
Latest filing
Total Deposits
$191.29M
Latest filing
Net Interest Margin
4.61%
Profitability
0

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 ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date11/12/1912
Community BankYes
Ownership TypeNot Mutual
ZIP23959
State and County Number51037
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 Employees49
Domestic Offices6
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance06/20/1934
Primary Insurance AgencyDIF
Websitewww.bankofcharlotte.com
Data Updated11/14/2025
CERT14491
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$216.31M
Total Deposits$191.29M
Total Liabilities$192.26M
Total Equity Capital$24.05M
Net Income$659.00k
Net Loans and Leases$148.03M
Assets Per Employee ($Millions)$4.51M
Bank Premises and Fixed Assets$2.07M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$191.29M

Key Performance Ratios

Return on Assets (ROA)1.24%
Return on Equity (ROE)11.24%
Net Interest Margin4.61%
Efficiency Ratio64.56%
Tier 1 Risk-Based Capital Ratio17.439%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.17%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.119%
Earning Assets to total Assets96.61%

Income and Expense

Total Interest Income$2.93M
Total Noninterest Income$226.00k
Total Interest Expense$583.00k
Total Noninterest Expense$1.66M
Net Interest Income$2.35M
Pre-tax Net Operating Income$823.00k
Provision for Credit Losses$90.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$214.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$200.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$973.00k
Total Liabilities and Capital$216.31M

Securities

Securities$35.78M
Available-for-sale debt securities$35.78M
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 The Bank of Charlotte County?
$216.31M as of the latest filing.
How much are The Bank of Charlotte County's total deposits?
$191.29M in total deposits.
Where is The Bank of Charlotte County located?
Phenix, VA.
What is the Net Interest Margin?
4.61%.
How many domestic offices does it operate?
6.
When was it established?
11/12/1912.
What is the Return on Assets (ROA)?
1.24%.
How much are total loans and leases?
$148.03M (latest filing).
What is the total interest income (latest filing)?
$2.93M.