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 Select Bank
Select Bank
| RSSD ID 3567269 | CERTIFICATE 58563 | ABA NUMBER 51409456 |
| 211 Gristmill Dr |
Quarter Ended : |
2025-03-31 |
| Forest, Virginia, 24551 |
Updated : |
2025-05-13 |
| myselectbank.com |
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| Institution Profile |
| Year Opened : |
2007 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
6 |
Number of Employees : |
49 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 494,476 |
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Total Interest Income | 6,621 |
| Total Liabilities | 458,689 |
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Total NonInterest Income | 286 |
| Total Bank Equity Capital | 35,787 |
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Total Interest Expense | 3,295 |
| Total Deposits | 446,268 |
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Total NonInterest Expense | 2,398 |
| Net Loans & Leases | 426,168 |
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Net Income | 968 |
| Loan Loss Allowance | 3,587 |
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Net Charge Offs | (2) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 45,920 |
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Total loans | 420,517 |
| Total assets for the leverage ratio | 490,152 |
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Loans secured by real estate: | 352,976 |
| Tier 1 Leverage Ratio | 8.67 |
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Commercial and industrial loans | 62,958 |
| Tier 1 Capital Ratio | 11.1 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12 |
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Loans to individuals - Other | 4,583 |
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:· Select Bank
