The Bank of Charlotte County
Phenix, VA
IDRSSD: 667524
Total Assets
$228.12M
Latest filing
Total Deposits
$203.72M
Latest filing
Net Interest Margin
4.50%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
The Bank of Charlotte County
101 Berkley Street
Phenix, VA 23959
Full Service - Brick and Mortar
Updated 01/30/2026Established 11/12/1912FDIC Certificate 9054
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The Bank of Charlotte County (Main) | 101 Berkley Street | Phenix, VA |
| CHARLOTTE COURT HOUSE BRANCH | 111 David Bruce Ave | Charlotte Court House, VA |
| KEYSVILLE BRANCH | 208 King St | Keysville, VA |
| BROOKNEAL BRANCH | 308 Lynchburg Avenue | Brookneal, VA |
| DRAKES BRANCH BRANCH | 4767 Drakes Main Street | Drakes Branch, VA |
| SOUTH HILL BRANCH | 514 East Atlantic Street | South Hill, 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 | 11/12/1912 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 23959 |
| State and County Number | 51037 |
| 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 | N/A |
Operational Info
| Number of Employees | 48 |
| 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 | 06/20/1934 |
| Primary Insurance Agency | DIF |
| Website | www.bankofcharlotte.com |
| Data Updated | 01/30/2026 |
| CERT | 14491 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $228.12M |
| Total Deposits | $203.72M |
| Total Liabilities | $204.67M |
| Total Equity Capital | $23.44M |
| Net Income | $656.00k |
| Net Loans and Leases | $141.72M |
| Assets Per Employee ($Millions) | $4.85M |
| Bank Premises and Fixed Assets | $2.09M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $203.72M |
Key Performance Ratios
| Return on Assets (ROA) | 1.18% |
| Return on Equity (ROE) | 11.05% |
| Net Interest Margin | 4.5% |
| Efficiency Ratio | 63.05% |
| Tier 1 Risk-Based Capital Ratio | 16.875% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.23% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.277% |
| Earning Assets to total Assets | 96.38% |
Income and Expense
| Total Interest Income | $2.97M |
| Total Noninterest Income | $231.00k |
| Total Interest Expense | $555.00k |
| Total Noninterest Expense | $1.67M |
| Net Interest Income | $2.41M |
| Pre-tax Net Operating Income | $852.00k |
| Provision for Credit Losses | $125.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $214.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $216.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $947.00k |
| Total Liabilities and Capital | $228.12M |
Securities
| Securities | $41.00M |
| Available-for-sale debt securities | $41.00M |
| 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 The Bank of Charlotte County?
$228.12M as of the latest filing.
How much are The Bank of Charlotte County's total deposits?
$203.72M in total deposits.
Where is The Bank of Charlotte County located?
Phenix, VA.
What is the Net Interest Margin?
4.50%.
How many domestic offices does it operate?
6.
When was it established?
11/12/1912.
What is the Return on Assets (ROA)?
1.18%.
How much are total loans and leases?
$141.72M (latest filing).
What is the total interest income (latest filing)?
$2.97M.