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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 47th largest bank in the state of Virginia. It is also the 2,731st largest bank in the nation. It was established in 1932 and as of June of 2024, it had grown to 42 employees at 3 locations. Lee Bank and Trust Company has an A health rating.

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Health
A

Data as of Q2 2024

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Health Grade Components

Overall
FDIC Certificate #11582
Year Established1932
Employees42
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.15%
Return on Equity - YTD9.89%
Annual Interest Income$7.1MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$250.5MM$250.1MM
LoansQ2 2024vs Q2 2023$124.6MM$130.9MM
DepositsQ2 2024vs Q2 2023$218.4MM$222.6MM
Equity CapitalQ2 2024vs Q2 2023$29.6MM$27.1MM
Loan Loss AllowanceQ2 2024vs Q2 2023$2.7MM$2.4MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$1.4MM$2MM
Real Estate OwnedQ2 2024vs Q2 2023$9K$376K
Rates
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Lee Bank and Trust Company Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$0$10kKasasa Saver
0.15%$0-Christmas Club Account
0.10%$0-Passbook/Statement Savings
0.10%$0-Business Savings

Lee Bank and Trust Company Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$0-Insured Money Fund Account

Lee Bank and Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.53%$0$10kFree Kasasa Cash Checking
0.10%$0-Personal NOW Account
0.10%$0-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 W Morgan AvePennington Gap, VA 24277
Bristol Branch743 Gate City HwyBristol, VA 24201

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