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 The Bank of Marion
The Bank of Marion
| RSSD ID 858528 | CERTIFICATE 9507 | ABA NUMBER 51401849 |
| 102 W Main St |
Quarter Ended : |
2025-03-31 |
| Marion, Virginia, 24354 |
Updated : |
2025-04-17 |
| www.bankofmarionva.com |
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| Institution Profile |
| Year Opened : |
1874 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
17 |
Number of Employees : |
115 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 593,083 |
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Total Interest Income | 7,094 |
| Total Liabilities | 545,200 |
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Total NonInterest Income | 1,294 |
| Total Bank Equity Capital | 47,883 |
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Total Interest Expense | 1,758 |
| Total Deposits | 541,191 |
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Total NonInterest Expense | 4,286 |
| Net Loans & Leases | 392,333 |
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Net Income | 1,845 |
| Loan Loss Allowance | 3,998 |
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Net Charge Offs | 106 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 69,909 |
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Total loans | 395,264 |
| Total assets for the leverage ratio | 600,240 |
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Loans secured by real estate: | 363,788 |
| Tier 1 Leverage Ratio | 10.98 |
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Commercial and industrial loans | 11,070 |
| Tier 1 Capital Ratio | 18.22 |
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Loans to individuals - Credit Cards | 2,302 |
| Total Capital Ratio | 19.33 |
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Loans to individuals - Other | 10,359 |
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:· The Bank of Marion
