Overview / Commentary
First Exchange Bank is headquartered in WHITE HALL and is the 15th largest bank in the state of West Virginia. It is also the 2,143rd largest bank in the nation. It was established in 1932 and as of December of 2024, it had grown to 64 employees at 7 locations. First Exchange Bank has a B health rating.
Reviews (1)
Love First Exchange!
Posted by: BesPrice1106 | Jun 28, 2024
I have been with First Exchange Bank for over two years now . I have worked very closely with Shaela Duckworth and Shannon Delaney and hands down they are the best of the best ! They have always answered my questions. Found me the best percentage rates and been very prompt every single time ! I would absolutely recommend them and this company to anyone looking for a bank that handles every situation perfectly !
Health
B
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 13020 |
| Year Established | 1932 |
| Employees | 64 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 7.24% |
| Annual Interest Income | $19.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $381.9MM$361.4MM |
| Loans | Q4 2024vs Q4 2023 | $298MM$300.9MM |
| Deposits | Q4 2024vs Q4 2023 | $340.8MM$293MM |
| Equity Capital | Q4 2024vs Q4 2023 | $28.6MM$28.4MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $3.8MM$4MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $6.2MM$4.9MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$26K |