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The National Bank of Blacksburg, Financial Information

AboutThe National Bank of Blacksburg

 Address:
100 South Main Street
Blacksburg,VA
Montgomery County,Virginia
 Established:
Jan 1891
 Number of domestic offices:
25
Total assets$1,506M
Net income$17M
Net income,quarterly$5M
Total deposits$1,298M
Domestic deposits$1,298M
Equity capital$188M
ROA1.19%
ROAQ,quarterly1.4%
ROA,pretax1.4%
ROAQ,quarterly,pretax1.7%
ROE8.75%
ROEQ,quarterly10.59%
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.

In 1891, the Commonwealth of Virginia issued a charter to a new bank, The Bank of Blacksburg. From banks humble beginnings doing business from one room of the Green Hotel, National Bank has grown steadily through the years along with the communities bank serves. Today, with 25 locations across southwest Virginia and over $1 billion in assets, banks commitment to friendly, personalized service and local decision making remains the key to banks success.

In 2006, The National Bank of Blacksburg and Bank of Tazewell County combine their operations to form National Bank, with 25 banking locations across Southwest Virginia. In 2011, National Bank grows to over $1 billion in assets.

Historical Data