Bank of Charles Town
Charles Town, West Virginia · FDIC Cert #9023
Bank of Charles Town is an FDIC-insured bank (Certificate #9023) with $831M in total assets and $740M in total deposits as of the Q2 2024 Call Report. Headquartered in Charles Town, West Virginia, the bank maintains a Tier 1 capital ratio of 12.87% (Well-Capitalized) and a nonperforming loan ratio of 0.45%. BankHealthData assigns a composite Health Grade of B (74/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Bank of Charles Town (FDIC cert 9023) is a community bank — $831M in total assets, $740M in deposits, serving the Charles Town, West Virginia area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 12.87% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.45% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 16.7% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is solid: ROA of 1.04% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Bank of Charles Town carries a composite BankHealth grade of B (74/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Bank of Charles Town
- Total Assets
- $831M
- Total Deposits
- $740M
- Tier 1 Capital Ratio
- 12.87%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.45%
- Liquidity Ratio
- 16.66%
- Return on Assets
- 1.04%
- Headquarters
- Charles Town, West Virginia
- FDIC Certificate
- #9023
- Health Grade
- B (74/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Bank of Charles Town holds a Tier 1 capital ratio of 12.87%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Bank of Charles Town has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Bank of Charles Town shows strong financial health indicators. With $831M in assets and a Health Score of 74/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Bank of Charles Town Compares
Bank of Charles Town’s Health Score of 74 is 10 points above the West Virginia state average of 64 across 43 FDIC-insured banks. Its 12.87% Tier 1 capital ratio is 1.1 points below the US banking industry average near 14%. The 0.45% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.04% is below the national ROA benchmark of ~1.1%. Among 1149 similarly-sized banks, the average Health Score is 70, meaning this bank ranks above its size cohort. Site-wide, Bank of Charles Town is 4 points above the portfolio average of 70.
Frequently Asked Questions
Bank of Charles Town has a Bank Health Score of B (74/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.87%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Bank of Charles Town's Tier 1 capital ratio of 12.87% and nonperforming loan ratio of 0.45% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Bank of Charles Town is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #9023). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Bank of Charles Town holds $831M in total assets and $740M in total deposits. It is headquartered in Charles Town, West Virginia (FDIC Certificate #9023).
Bank of Charles Town has a Tier 1 capital ratio of 12.87%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.45%, and the return on assets is 1.04%.
Yes. Bank of Charles Town is FDIC-insured (Certificate #9023). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Bank of Charles Town's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.