Skyline National Bank

Skyline National Bank


Overview / Commentary
276-773-2811
113 West Main Street
Independence, VA 24348

Skyline National Bank is headquartered in INDEPENDENCE and is the 26th largest bank in the state of Virginia. It is also the 860th largest bank in the nation. It was established in 1900 and as of March of 2025, it had grown to 245 employees at 28 locations. Skyline National Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #6861
Year Established1900
Employees245
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.18%
Return on Equity - YTD15.51%
Annual Interest Income$15.5MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.25B$1.05B
LoansQ1 2025vs Q1 2024$992.2MM$819.9MM
DepositsQ1 2025vs Q1 2024$1.11B$930.5MM
Equity CapitalQ1 2025vs Q1 2024$95.1MM$82.5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$8.2MM$6.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$2.2MM$1.8MM
Real Estate OwnedQ1 2025vs Q1 2024$140K$0
Rates

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