Lee Bank and Trust Company is headquartered in Pennington Gap and is the 59th largest bank in the state of Virginia. It is also the 3,296th largest bank in the nation. It was established in 1932 and as of December of 2020, it had grown to 44 employees at 4 locations. Lee Bank and Trust Company has an A health rating.
Overall | |
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FDIC Certificate # | 11582 |
Year Established | 1932 |
Employees | 44 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.98% |
Return on Equity - YTD | 6.52% |
Annual Interest Income | $6.9MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $169.9MM$149.8MM |
Loans | Q4 2020vs Q4 2019 | $120.8MM$105.0MM |
Deposits | Q4 2020vs Q4 2019 | $136.4MM$122.2MM |
Equity Capital | Q4 2020vs Q4 2019 | $23.6MM$23.1MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.9MM$1.6MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.5MM$1.1MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $868.00K$1.0MM |
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APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.50% | - | $10k | Kasasa Saver | |
0.15% | - | - | Christmas Club Account | |
0.10% | - | - | Passbook/Statement Savings | |
0.10% | - | - | Business Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.15% | - | - | Insured Money Fund Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.53% | - | $10k | Free Kasasa Cash Checking | |
0.10% | - | - | Personal NOW Account | |
0.10% | - | - | Business NOW Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $500 | - | 7- 29 Days CD |
Lee Bank and Trust Company Locations | ||
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Abingdon Branch | 17510 Lee Highway | Abingdon, VA 24210 |
Jonesville Branch | 32739 Main Street | Jonesville, VA 24263 |
Lee Bank and Trust Company | 41371 West Morgan Avenue | Pennington Gap, VA 24277 |
Bristol Branch | 707 Gate City Highway | Bristol, VA 24201 |