Old Point Trust&Finl Service
Newport News, Virginia · FDIC Cert #35248
Old Point Trust&Finl Service is an FDIC-insured bank (Certificate #35248) with $7M in total assets and $0 in total deposits as of the Q2 2024 Call Report. Headquartered in Newport News, Virginia, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 0.00%. 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 Point Trust&Finl Service (FDIC cert 35248) is a community bank — $7M in total assets, $0 in deposits, serving the Newport News, Virginia area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is clean: non-performing loan ratio of 0.00% 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 very high: 93.4% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is strong: return on assets of 7.87% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Old Point Trust&Finl Service 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 Point Trust&Finl Service
- Total Assets
- $7M
- Total Deposits
- $0
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 93.42%
- Return on Assets
- 7.87%
- Headquarters
- Newport News, Virginia
- FDIC Certificate
- #35248
- Health Grade
- B (65/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Old Point Trust&Finl Service holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Old Point Trust&Finl Service to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
Old Point Trust&Finl Service shows strong financial health indicators. With $7M 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 Point Trust&Finl Service Compares
Old Point Trust&Finl Service’s Health Score of 65 is 7 points below the Virginia state average of 72 across 49 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 7.87% is in line with or above the national ROA benchmark of ~1.1%. Among 26 similarly-sized banks, the average Health Score is 68, meaning this bank ranks below its size cohort. Site-wide, Old Point Trust&Finl Service is 5 points below the portfolio average of 70.
Frequently Asked Questions
Old Point Trust&Finl Service has a Bank Health Score of B (65/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 0.00%, which is below 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 Trust&Finl Service's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 0.00% 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 Trust&Finl Service is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #35248). 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 Trust&Finl Service holds $7M in total assets and $0 in total deposits. It is headquartered in Newport News, Virginia (FDIC Certificate #35248).
Old Point Trust&Finl Service has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 7.87%.
Yes. Old Point Trust&Finl Service is FDIC-insured (Certificate #35248). 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 Trust&Finl Service'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.