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Is Bank of Charlotte County Safe?

Bank of Charlotte County has a Bank Health Score of 89/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while liquidity is its weakest area (64/100).

Key Data

MetricValueScore
Tier 1 Capital Ratio16.17%100/100
Nonperforming Loan Ratio0.09%98/100
Liquidity Ratio20.91%64/100
Return on Assets1.70%88/100
Total Assets$0.2B

How does Bank of Charlotte County compare?

With a Bank Health Score of 89/100, Bank of Charlotte County sits 19.0 points above the national average of 70/100 for FDIC-insured banks. Within Virginia, where 49 FDIC-insured banks are headquartered, Bank of Charlotte County ranks above the state average of 72/100 (Grade B).

The bank's Tier 1 capital ratio of 16.17% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.09% is healthy — most loans are current.

What changed in the last year?

Over the last four quarters, Bank of Charlotte County's Bank Health Score held roughly steady at 89/100. Tier 1 capital weakened by 1.78 percentage points to 16.17%. Quarter-over-quarter, the score rose by 4.0 points.

Bank of Charlotte County has a Bank Health Score of 89/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while liquidity is its weakest area (64/100).