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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 : |
2025-09-30 |
| Marion, Virginia, 24354 |
Updated : |
2025-11-06 |
| 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 : |
114 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 595,594 |
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Total Interest Income | 21,446 |
| Total Liabilities | 543,595 |
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Total NonInterest Income | 3,971 |
| Total Bank Equity Capital | 51,999 |
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Total Interest Expense | 5,139 |
| Total Deposits | 526,031 |
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Total NonInterest Expense | 13,135 |
| Net Loans & Leases | 403,660 |
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Net Income | 5,521 |
| Loan Loss Allowance | 4,112 |
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Net Charge Offs | 432 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 72,549 |
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Total loans | 405,097 |
| Total assets for the leverage ratio | 608,536 |
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Loans secured by real estate: | 374,833 |
| Tier 1 Leverage Ratio | 11.24 |
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Commercial and industrial loans | 9,749 |
| Tier 1 Capital Ratio | 18.35 |
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Loans to individuals - Credit Cards | 2,494 |
| Total Capital Ratio | 19.46 |
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Loans to individuals - Other | 10,673 |
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