Skip to main content
BankHealth

MARTINSVILLE FIRST SB

MARTINSVILLE, VIRGINIA · FDIC Cert #29685

A
Health Score
87/100
$33M
Total Assets
$26M
Total Deposits
30.96%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MARTINSVILLE FIRST SB holds a Tier 1 capital ratio of 30.96%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MARTINSVILLE FIRST SB has a strong buffer to absorb potential losses.

Key Financial Metrics

1.30%
Nonperforming Loans
Moderate — some loan stress
33.81%
Liquidity Ratio
Strong — can meet withdrawal demands
0.64%
Return on Assets
Low profitability
$26M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MARTINSVILLE FIRST SB shows strong financial health indicators. With $33M in assets and a Health Score of 87/100, 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.

Frequently Asked Questions

MARTINSVILLE FIRST SB has a Bank Health Score of A (87/100). It holds a Tier 1 capital ratio of 30.96%, 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.

MARTINSVILLE FIRST SB holds $33M in total assets and $26M in total deposits. It is located in MARTINSVILLE, VIRGINIA (FDIC Certificate #29685).

MARTINSVILLE FIRST SB has a Tier 1 capital ratio of 30.96%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.30%, and the return on assets is 0.64%.

Yes. MARTINSVILLE FIRST SB is FDIC-insured (Certificate #29685). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

Last updated: