Martinsville First Savings Bank
Overview / Commentary
Martinsville First Savings Bank is headquartered in Martinsville and is the 73rd largest bank in the state of Virginia. It is also the 4,975th largest bank in the nation. It was established in 1924 and as of September of 2019, it had grown to 5 employees at 1 location. Martinsville First Savings Bank has a C+ health rating.
Health
C+
Data as of Q3 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Martinsville First Savings Bank has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29685 |
| Year Established | 1924 |
| Employees | 5 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 3.87% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $39.0MM$40.0MM |
| Loans | Q3 2019vs Q3 2018 | $20.5MM$21.7MM |
| Deposits | Q3 2019vs Q3 2018 | $32.2MM$33.5MM |
| Equity Capital | Q3 2019vs Q3 2018 | $6.8MM$6.4MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $232.00K$281.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $1.2MM$2.8MM |
| Real Estate Owned | Q3 2019vs Q3 2018 | $871.00K$488.00K |
Rates
Sorry, we do not have rate data for Martinsville First Savings Bank.
Locations
| Martinsville First Savings Bank Locations | ||
|---|---|---|
| Martinsville First Savings Bank | 25 W Church Street | Martinsville, VA 24114 |