Old Point Nb of Phoebus
Hampton, Virginia · FDIC Cert #6892
Old Point Nb of Phoebus is an FDIC-insured bank (Certificate #6892) with $1.4B in total assets and $1.2B in total deposits as of the Q2 2024 Call Report. Headquartered in Hampton, Virginia, the bank maintains a Tier 1 capital ratio of 12.10% (Well-Capitalized) and a nonperforming loan ratio of 0.05%. BankHealthData assigns a composite Health Grade of B (77/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Old Point Nb of Phoebus (FDIC cert 6892) is a mid-sized bank with $1.4B in total assets and $1.2B in deposits, based in Hampton, Virginia. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 12.10% 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 0.05% 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: 19.6% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is solid: ROA of 0.81% 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 positive across the recent-quarters window. The directional signal is favorable but not dramatic. Old Point Nb of Phoebus carries a composite BankHealth grade of B (77/100) 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 Point Nb of Phoebus
- Total Assets
- $1.4B
- Total Deposits
- $1.2B
- Tier 1 Capital Ratio
- 12.10%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.05%
- Liquidity Ratio
- 19.63%
- Return on Assets
- 0.81%
- Headquarters
- Hampton, Virginia
- FDIC Certificate
- #6892
- Health Grade
- B (77/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Old Point Nb of Phoebus holds a Tier 1 capital ratio of 12.10%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Old Point Nb of Phoebus has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Old Point Nb of Phoebus shows strong financial health indicators. With $1.4B in assets and a Health Score of 77/100, 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 Point Nb of Phoebus Compares
Old Point Nb of Phoebus’s Health Score of 77 is 5 points above the Virginia state average of 72 across 49 FDIC-insured banks. Its 12.10% Tier 1 capital ratio is 1.9 points below the US banking industry average near 14%. The 0.05% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.81% is below the national ROA benchmark of ~1.1%. Among 812 similarly-sized banks, the average Health Score is 72, meaning this bank ranks above its size cohort. Site-wide, Old Point Nb of Phoebus is 7 points above the portfolio average of 70.
Frequently Asked Questions
Old Point Nb of Phoebus has a Bank Health Score of B (77/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.10%, 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 Point Nb of Phoebus's Tier 1 capital ratio of 12.10% and nonperforming loan ratio of 0.05% 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 Point Nb of Phoebus is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #6892). 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 Point Nb of Phoebus holds $1.4B in total assets and $1.2B in total deposits. It is headquartered in Hampton, Virginia (FDIC Certificate #6892).
Old Point Nb of Phoebus has a Tier 1 capital ratio of 12.10%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.05%, and the return on assets is 0.81%.
Yes. Old Point Nb of Phoebus is FDIC-insured (Certificate #6892). 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 Point Nb of Phoebus'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.