John Marshall Bank is headquartered in Reston and is the 17th largest bank in the state of Virginia. It is also the 523rd largest bank in the nation. It was established in 2006 and as of March of 2021, it had grown to 143 employees at 8 locations. John Marshall Bank has an A+ health rating.
Must Be Local
Per the bank you must live in VA, D.C. or MD to set up a CD
No Appreciation For Long Time Customer
I have over 5 Accounts with over $100,000 in monthly average balance. Despite being one of the first cutomers to the branch and despite being ask to become a deposit holder to the branch, when the branch was origianlly established, they have now asked me to leave because they have decided that giving "Free" checking account does not add up to their balance sheet.
Not a good way to treat a original customer. If they treat me this way, I wonder how they will treat their own employees when it's time to cut expenses and increase profit.
All the CEO's and VP's have 20+ years of experience - of making money for them. Look at their records, they build up banks to sell out to larger banks. Local Banking - it never lastes because the whole purpose of building a local banks are to grow and to sell out.
What a sham . . .
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58243 |
| Year Established | 2006 |
| Employees | 143 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 10.64% |
| Annual Interest Income | $18.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $2.01B$1.62B |
| Loans | Q1 2021vs Q1 2020 | $1.59B$1.33B |
| Deposits | Q1 2021vs Q1 2020 | $1.76B$1.38B |
| Equity Capital | Q1 2021vs Q1 2020 | $211.3MM$192.4MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $19.4MM$11.2MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $0$0 |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |