Overview / Commentary
Frontier Community Bank is headquartered in WAYNESBORO and is the 54th largest bank in the state of Virginia. It is also the 3,340th largest bank in the nation. It was established in 2008 and as of June of 2023, it had grown to 23 employees at 3 locations. Frontier Community Bank has an A+ health rating.
Health
A+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58743 |
| Year Established | 2008 |
| Employees | 23 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.38% |
| Return on Equity - YTD | 3.8% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $159.3MM$141.8MM |
| Loans | Q2 2023vs Q2 2022 | $126.9MM$119.9MM |
| Deposits | Q2 2023vs Q2 2022 | $133.6MM$122.5MM |
| Equity Capital | Q2 2023vs Q2 2022 | $15.4MM$15.2MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $1.1MM$1.3MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $0$215.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |