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Lee Bank and Trust Company


Overview / Commentary
www.leebank24.com
276-546-2211
41371 West Morgan Avenue
Pennington Gap, VA 24277

Lee Bank and Trust Company is headquartered in Pennington Gap and is the 60th largest bank in the state of Virginia. It is also the 3,337th largest bank in the nation. It was established in 1932 and as of December of 2019, it had grown to 47 employees at 4 locations. Lee Bank and Trust Company has a B+ health rating.

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Health
B+

Data as of Q4 2019

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Health Grade Components

Overall
FDIC Certificate #11582
Year Established1932
Employees47
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.03%
Return on Equity - YTD6.71%
Annual Interest Income$7.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$149.8MM$151.1MM
LoansQ4 2019vs Q4 2018$105.0MM$109.4MM
DepositsQ4 2019vs Q4 2018$122.2MM$126.0MM
Equity CapitalQ4 2019vs Q4 2018$23.1MM$22.4MM
Loan Loss AllowanceQ4 2019vs Q4 2018$1.6MM$1.6MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.1MM$1.2MM
Real Estate OwnedQ4 2019vs Q4 2018$1.0MM$1.5MM
Rates
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Lee Bank and Trust Company Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%-$10kKasasa Saver
0.15%--Christmas Club Account
0.10%--Passbook/Statement Savings
0.10%--Business Savings

Lee Bank and Trust Company Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Insured Money Fund Account

Lee Bank and Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.53%-$10kFree Kasasa Cash Checking
0.10%--Personal NOW Account
0.10%--Business NOW Account

Lee Bank and Trust Company CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$500-7- 29 Days CD
Locations


Lee Bank and Trust Company Locations
Abingdon Branch17510 Lee HighwayAbingdon, VA 24210
Jonesville Branch32739 Main StreetJonesville, VA 24263
Lee Bank and Trust Company41371 West Morgan AvenuePennington Gap, VA 24277
Bristol Branch707 Gate City HighwayBristol, VA 24201

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