Lee Bank and Trust Company, Financial Information

About Lee Bank and Trust Company

 Address:
41371 West Morgan Avenue
Pennington Gap, VA
Lee County, Virginia
 Established:
Aug 1932
 Number of domestic offices:
4
Total assets$170M
Net income$2M
Net income, quarterly$0M
Total deposits$136M
Domestic deposits$136M
Equity capital$24M
ROA0.98%
ROAQ, quarterly0.83%
ROA, pretax0.83%
ROAQ, quarterly, pretax0.94%
ROE6.52%
ROEQ, quarterly5.76%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Lee Bank and Trust Company is a full service community bank dedicated to the principles of professionalism, ethics, and service. Banks offices are located in Abingdon, Bristol, Jonesville and Pennington Gap,Virginia. The bank works diligently to be a good corporate citizen of the communities it serves.

Lee Bank & Trust Company was formed in 1932 when four small Lee County banks, in business as far back as the mid 1800's, merged during the Great Depression. More than eighty years later, the bank continues to be strong, stable, and secure with approximately $170,000,000 in assets and sixty employees. The bank is subject to the regulatory authority of the Bureau of Financial Institutions of the Virginia State Corporation Commission and the Federal Deposit Insurance Corporation.

Lee Bank and Trust Company offers Loan Services, Investment Accounts, Checking Accounts.

Main Office
41371 West Morgan Avenue, Pennington Gap, VA 24277

Jonesville Office
32739 Main Street, Jonesville, VA 24263
Telephone to Pennington Gap Office, & Jonesville: (276) 546-2211
Fax to Main Office: (276) 546-4260

Bristol Office
707 Gate City Highway, Bristol, VA 24201
Telephone: (276) 642-0051
Fax: (276) 669-2600

Abingdon
17510 Lee Highway, Abingdon Va. 24212-0249
Telephone: 276-698-3131
Fax: 276-698-3130