The Bank of Marion
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Data as of · sourced from FFIEC call reports. How we update
The Bank of Marion is an FDIC-insured commercial bank headquartered in Marion, VA, established in 1874 (FDIC certificate 9507), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $634.1M, up 7.1% from Q2 2025, the 35th largest of 56 banks headquartered in Virginia. Its CET1 capital ratio was 18.18% 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
- 9507
- Headquarters
- Marion, VA
- Established
- 1874
- Total assets, Q2 2026
- $634.1M
- Assets vs Q2 2025
- +7.1%
- CET1 ratio, Q2 2026
- 18.18%
- Domestic offices
- 17 FDIC institution directory, current count
- Routing number
- 051401849
- Latest call report
- Q2 2026, FFIEC 041 · The Bank of Marion Q3 2026 call report, filed October 20, 2026 (preliminary)
- Holding company
- SOUTHWEST VIRGINIA BANKSHARES, INC.
- Asset rank in state
- 35th of 56 in Virginia
The Bank of Marion, based in Marion, Virginia, reported $634 million in assets at June 30, 2026, up 7.1% from a year earlier. It pays an average of 1.20% on its deposits and borrowings, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 1.80%). It also holds commercial real estate loans equal to only 40% of its capital, about a third the median of 1.2 times for banks its size.
Earnings jumped: net income for the quarter was $2.4 million, 32% above the same quarter a year earlier. Over the same year, loans grew 10.0% and deposits grew 1.6%. Credit is the area to watch: it carries problem assets equal to 8.3% of the capital and reserves that would absorb them, about triple the median of 2.6% for banks its size.
As of June 30, 2026, The Bank of Marion reported a CET1 capital ratio of 18.18%, a return on assets of 1.53%, a nonperforming-loan ratio of 1.12% and a Texas ratio of 8.29%. The figures come from its call report filed with the FFIEC.
The Bank of Marion ranks as the 35th largest of the 56 banks based in Virginia, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 3.3% to $634.1M, loans rose 3.6% and deposits fell 2.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 68.3% of total loans, ahead of owner-occupied commercial real estate loans at 13.9%. Its 17 offices in the FDIC Summary of Deposits are in 14 cities across 2 states; its Marion 4 offices book 52% of its branch deposits. Judged on its Q2 2026 call report, The Bank of Marion meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 102 W Main St, Marion, VA 24354
- County
- Smyth
- 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
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- April 13, 1874
- Domestic offices
- 17 FDIC institution directory, current count
- Employees (FTE)
- 113
- Domestic deposits
- $535.9M
- Allowance for credit losses
- $4.1M
- Net charge-offs (YTD)
- $309K
- Average total assets
- $635.6M
- Average total loans
- $432.7M
- Average interest-bearing deposits
- $408.0M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 9507
- Fed RSSD
- 858528
- Website
- www.bankofmarionva.com →
- Parent Holding Company
- SOUTHWEST VIRGINIA BANKSHARES, INC. (RSSD 1132391)
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
From Q3 2023 to Q2 2026, The Bank of Marion's total assets ranged from $543.8M (Q3 2023) to $634.1M (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
$634.1M total assets against $592.0M; $575.6M total liabilities against $544.7M.
$435.5M net loans and leases against $395.6M; $535.9M total deposits against $527.6M.
$138.5M securities against $141.7M; $14.1M cash and balances due against $15.1M.
$7.8M total interest income against $7.2M; $1.6M total interest expense against $1.7M.
$6.1M net interest income against $5.5M.
$1.4M total noninterest income against $1.3M; $4.6M total noninterest expense against $4.5M.
$0 provision for credit losses against $190K.
$2.4M net income against $1.8M.
1.53% return on assets against 1.21%; 4.24% net interest margin against 4.02%.
18.18% CET1 capital ratio against 18.05%; 11.37% tier 1 leverage ratio against 10.98%.
Inside the full The Bank of Marion terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Bank of Marion rankings
Its closest position to the top of a national ranking is 467 of 2,134, for CET1 ratio; its furthest is 1,885 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.13% (Q3 2024) to 1.53% (Q2 2026) and its net interest margin ran from 3.72% (Q3 2024) to 4.24% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.18% | 1.53% | 1.12% | 8.29% | 4.24% |
| Q1 2026 | 18.43% | 1.29% | 1.47% | 10.53% | 4.23% |
| Q4 2025 | 17.99% | 1.32% | 1.77% | 12.79% | 4.17% |
| Q3 2025 | 18.35% | 1.21% | 1.31% | 9.73% | 3.93% |
| Q2 2025 | 18.05% | 1.21% | 1.35% | 11.04% | 4.02% |
| Q1 2025 | 18.22% | 1.23% | 0.79% | 6.28% | 3.92% |
| Q4 2024 | 17.65% | 1.30% | 0.78% | 6.54% | 3.86% |
| Q3 2024 | 17.53% | 1.13% | 0.84% | 6.34% | 3.72% |
Swipe the table sideways to see every column.
Branch Network
View all 17 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 |
|---|---|---|---|
| The Bank of Marion | Marion , VA | 24354 | $192.6M |
| Chilhowie Branch | Chilhowie , VA | 24319 | $51.2M |
| Royal Oak Branch | Marion , VA | 24354 | $49.5M |
| Rural Retreat Branch | Rural Retreat , VA | 24368 | $44.5M |
| Washington Avenue Branch | Marion , VA | 24354 | $36.4M |
| Honaker Branch | Honaker , VA | 24260 | $35.0M |
| Glade Spring Branch | Glade Spring , VA | 24340 | $23.6M |
| Saltville Branch | Saltville , VA | 24370 | $21.6M |
| Damascus Branch | Damascus , VA | 24236 | $20.1M |
| Abingdon Branch | Abingdon , VA | 24210 | $15.1M |
| Gate City Branch | Gate City , VA | 24251 | $14.1M |
| Weber City Branch | Weber City , VA | 24290 | $13.8M |
| Bristol Branch | Bristol , VA | 24202 | $10.3M |
| Boones Creek Branch | Johnson City , TN | 37615 | $8.2M |
| Mountain Empire Loan and Finan. Ser. Branch | Max Meadows , VA | 24360 | $1K |
| New River Valley-Branch of the Bank of Marion | Radford , VA | 24141 | $0 |
| Regional Mortgage Center | Marion , VA | 24354 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in VA, rank 47 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 392 applications, 331 loans originated, $58.1M originated, across 3 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 Marion
What are The Bank of Marion's total assets?
As of the Q2 2026 filing, The Bank of Marion reported total assets of $634.1 million in its FFIEC call report.
Where is The Bank of Marion headquartered?
It is headquartered in Marion, VA, United States.
When was The Bank of Marion founded?
It was established in 1874, per the FDIC institution directory.
Is The Bank of Marion FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #9507). 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 Marion?
The Bank of Marion's primary federal regulator is the Federal Reserve.
What is The Bank of Marion's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 18.18% 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 Marion operate?
It operates 17 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 Marion's Texas Ratio?
Its Texas Ratio is 8.29% 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.
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