Old Dominion National Bank
North Garden, Virginia · FDIC Cert #58504
Old Dominion National Bank is an FDIC-insured bank (Certificate #58504) with $1.3B in total assets and $1.1B in total deposits as of the Q2 2024 Call Report. Headquartered in North Garden, Virginia, the bank maintains a Tier 1 capital ratio of 12.64% (Well-Capitalized) and a nonperforming loan ratio of 0.15%. BankHealthData assigns a composite Health Grade of B (65/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Old Dominion National Bank (FDIC cert 58504) is a mid-sized bank with $1.3B in total assets and $1.1B in deposits, based in North Garden, Virginia. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 12.64% 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 0.15% 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 thin: 9.7% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is minimal: ROA of 0.18% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Old Dominion National Bank carries a composite BankHealth grade of B (65/100) 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: Old Dominion National Bank
- Total Assets
- $1.3B
- Total Deposits
- $1.1B
- Tier 1 Capital Ratio
- 12.64%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.15%
- Liquidity Ratio
- 9.69%
- Return on Assets
- 0.18%
- Headquarters
- North Garden, Virginia
- FDIC Certificate
- #58504
- Health Grade
- B (65/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Old Dominion National Bank holds a Tier 1 capital ratio of 12.64%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Old Dominion National Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Old Dominion National Bank shows strong financial health indicators. With $1.3B in assets and a Health Score of 65/100, 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 Old Dominion National Bank Compares
Old Dominion National Bank’s Health Score of 65 is 7 points below the Virginia state average of 72 across 49 FDIC-insured banks. Its 12.64% Tier 1 capital ratio is 1.4 points below the US banking industry average near 14%. The 0.15% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.18% is below the national ROA benchmark of ~1.1%. Among 835 similarly-sized banks, the average Health Score is 71, meaning this bank ranks below its size cohort. Site-wide, Old Dominion National Bank is 5 points below the portfolio average of 70.
Frequently Asked Questions
Old Dominion National Bank has a Bank Health Score of B (65/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.64%, 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. Old Dominion National Bank's Tier 1 capital ratio of 12.64% and nonperforming loan ratio of 0.15% 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 Old Dominion National Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #58504). 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.
Old Dominion National Bank holds $1.3B in total assets and $1.1B in total deposits. It is headquartered in North Garden, Virginia (FDIC Certificate #58504).
Old Dominion National Bank has a Tier 1 capital ratio of 12.64%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.15%, and the return on assets is 0.18%.
Yes. Old Dominion National Bank is FDIC-insured (Certificate #58504). 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%).
Old Dominion National Bank'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.