Powell Valley National Bank

Powell Valley National Bank is headquartered in Jonesville and is the 70^th largest bank in the state of Virginia. It is also the 2,672^nd largest bank in the nation. It was established in 1888 and as of March of 2012, it had grown to 70 employees at 5 locations. Powell Valley National Bank has a 5-star health rating.

Powell Valley National Bank Routing Number: 051403818

Data for Q1 2012

Institution Statistics Powell Valley National Bank FDIC Certificate # 6863 BankRate Report View Year Established 1888 Employees 70 Primary Regulator OCC Assets and Liabilities Assets $240.78 million Loans $137.60 million Deposits $199.35 million Equity Capital $38.69 million Loan Loss Allowance $3.12 million Unbacked Noncurrent Loans $2.01 million Real Estate Owned $568,000 Historic Data - March 2011 Assets $242.27 million Equity Capital $36.53 million Loan Loss Allowance $3.19 million Unbacked Noncurrent Loans $4.30 million Real Estate Owned $704,000 Profit Margin - Quarterly Net Interest Margin 4.57% Return on Assets 1.02% Return on Equity 6.39% Interest Income $2.87 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Powell Valley National Bank had $2.58 million in non-current loans and owned real-estate with $41.8 million in equity and loan loss allowances on hand to cover it. This gives Powell Valley National Bank a Texas Ratio of 6.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Powell Valley National Bank decreased significantly from 12.59% as of March 31, 2011 to 6.17% as of March 31, 2012, resulting in a positive change of 50.97%.This indicates that the balance sheet and financial strength for Powell Valley National Bank has improved significantly in recent periods. Deposit Growth In the past year, Powell Valley National Bank has decreased its total deposits by -$4.3 million, resulting in -2.11% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Powell Valley National Bank has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Powell Valley National Bank has $240.78 million in assets with $41.8 million in equity, resulting in a capitalization level of 17.36%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.