The Bank of Charlotte County
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Data as of · sourced from FFIEC call reports. How we update
The Bank of Charlotte County is an FDIC-insured commercial bank headquartered in Phenix, VA, established in 1912 (FDIC certificate 14491), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $222.8M, up 7.3% from Q2 2025, the 47th largest of 56 banks headquartered in Virginia. Its CET1 capital ratio was 20.00% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 14491
- Headquarters
- Phenix, VA
- Established
- 1912
- Total assets, Q2 2026
- $222.8M
- Assets vs Q2 2025
- +7.3%
- CET1 ratio, Q2 2026
- 20.00%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 051404752
- Latest call report
- Q2 2026, FFIEC 041 · The Bank of Charlotte County Q3 2026 call report, filed October 23, 2026 (preliminary)
- Holding company
- BCC BANKSHARES, INC.
- Asset rank in state
- 47th of 56 in Virginia
The Bank of Charlotte County runs leaner than most banks of its size. Based in Phenix, Virginia, it had $223 million in assets at June 30, 2026, up 7.3% from a year earlier. It spends about 35 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 2,627 banks with $100 million to $1 billion in assets (median 61 cents). It also pays an average of 0.91% on its deposits and borrowings, about half the median of 1.80% for banks its size.
Loans and deposits moved in opposite directions: over the year loans fell 6.2% and deposits rose 8.7%. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 0.33% of loans, down from 0.49% a year earlier.
As of June 30, 2026, The Bank of Charlotte County reported a CET1 capital ratio of 20.00%, a return on assets of 5.39%, a nonperforming-loan ratio of 0.33% and a Texas ratio of 2.24%. The figures come from its call report filed with the FFIEC.
Of the 56 banks headquartered in Virginia, The Bank of Charlotte County is the 47th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.6% to $222.8M, loans fell 0.5% and deposits fell 2.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 49.9% of total loans, ahead of farmland and other real estate loans at 17.9%. The FDIC Summary of Deposits lists 6 offices for it, in 6 cities in VA; its Brookneal office books 26% of its branch deposits. By the capital ratios in its Q2 2026 call report, The Bank of Charlotte County meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 101 Berkley Street, Phenix, VA 23959
- County
- Charlotte
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- November 12, 1912
- Former names
- The Bank of Charlotte County (1979)
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 48
- Domestic deposits
- $194.5M
- Allowance for credit losses
- $1.8M
- Net charge-offs (YTD)
- $92K
- Average total assets
- $227.2M
- Average total loans
- $143.7M
- Average interest-bearing deposits
- $139.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 20, 1934
- FDIC Cert
- 14491
- Fed RSSD
- 667524
- Website
- www.bankofcharlotte.com →
- Parent Holding Company
- BCC BANKSHARES, INC. (RSSD 2835680)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
The Bank of Charlotte County's total assets moved between a low of $184.0M (Q4 2023) and a high of $228.1M (Q4 2025) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$222.8M total assets against $207.7M; $195.6M total liabilities against $184.8M.
$138.7M net loans and leases against $148.4M; $194.5M total deposits against $178.9M.
$46.8M securities against $30.3M; $32.7M cash and balances due against $23.3M.
$3.0M total interest income against $2.8M; $448K total interest expense against $560K.
$2.5M net interest income against $2.2M.
$3.3M total noninterest income against $281K; $2.0M total noninterest expense against $1.6M.
$290K provision for credit losses against $80K.
$3.1M net income against $653K.
5.39% return on assets against 1.25%; 4.56% net interest margin against 4.44%.
20.00% CET1 capital ratio against 17.15%; 12.79% tier 1 leverage ratio against 12.08%.
Inside the full The Bank of Charlotte County terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Bank of Charlotte County rankings
Its closest position to the top of a national ranking is 9 of 3,611, for ROA; its furthest is 2,837 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.14% (Q4 2025) to 5.39% (Q2 2026) and its net interest margin ran from 4.37% (Q1 2026) to 4.65% (Q4 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 20.00% | 5.39% | 0.33% | 2.24% | 4.56% |
| Q1 2026 | 17.50% | 1.40% | 0.97% | 6.18% | 4.37% |
| Q4 2025 | 16.87% | 1.14% | 1.16% | 7.52% | 4.39% |
| Q3 2025 | 17.44% | 1.21% | 0.81% | 5.61% | 4.50% |
| Q2 2025 | 17.15% | 1.25% | 0.49% | 3.92% | 4.44% |
| Q1 2025 | 16.52% | 1.30% | 0.43% | 3.67% | 4.50% |
| Q4 2024 | 15.90% | 1.19% | 0.22% | 1.50% | 4.65% |
| Q3 2024 | 16.26% | 1.30% | 0.03% | 0.18% | 4.53% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Brookneal Branch | Brookneal , VA | 24528 | $51.0M |
| Charlotte Court House Branch | Charlotte Court House , VA | 23923 | $50.3M |
| The Bank of Charlotte County | Phenix , VA | 23959 | $48.3M |
| Keysville Branch | Keysville , VA | 23947 | $32.5M |
| South Hill Branch | South Hill , VA | 23970 | $6.9M |
| Drakes Branch Branch | Drakes Branch , VA | 23937 | $5.5M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in VA, rank 73 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 76 applications, 58 loans originated, $11.2M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Not on file
- Enforcement actions, SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about The Bank of Charlotte County
What are The Bank of Charlotte County's total assets?
As of the Q2 2026 filing, The Bank of Charlotte County reported total assets of $222.8 million in its FFIEC call report.
Where is The Bank of Charlotte County headquartered?
It is headquartered in Phenix, VA, United States.
When was The Bank of Charlotte County founded?
It was established in 1912, per the FDIC institution directory.
Is The Bank of Charlotte County FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14491). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Bank of Charlotte County?
The Bank of Charlotte County's primary federal regulator is the Federal Reserve.
What is The Bank of Charlotte County's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 20.00% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The Bank of Charlotte County operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Bank of Charlotte County's Texas Ratio?
Its Texas Ratio is 2.24% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was The Bank of Charlotte County previously called?
The charter now named The Bank of Charlotte County has also operated as The Bank of Charlotte County (1979), per FDIC structure-change records.
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