Martinsville First Savings Bank
Martinsville First Savings Bank is an FDIC-insured savings institution headquartered in Martinsville, VA, supervised by the OCC, with $32.6M in total assets at Q3 2026, up 1.5% from Q3 2025, the 56th largest of 56 banks headquartered in Virginia. It was established in 1924 and holds FDIC certificate 29685. Its CET1 capital ratio was 45.85% at Q3 2026, comfortably above the 7% level required once the capital conservation buffer is included.
Also written as MFSB
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Data as of · sourced from FFIEC call reports. How we update
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 29685
- Headquarters
- Martinsville, VA
- Established
- 1924
- Total assets, Q3 2026
- $32.6M
- Assets vs Q3 2025
- +1.5%
- CET1 ratio, Q3 2026
- 45.85%
- Domestic offices
- 1 branch
- Routing number
- 251472759
- Safety and soundness
- Is Martinsville First Savings Bank safe?
- Latest call report
- Q3 2026, FFIEC 051 · Martinsville First Savings Bank call report
- Holding company
- FIRST MUTUAL HOLDING CO.
- Asset rank in state
- 56th of 56 in Virginia
Martinsville First Savings Bank, based in Martinsville, Virginia, reported $33 million in assets at September 30, 2026, up 1.5% from a year earlier. It keeps 2.96 cents of net interest income on every dollar of earning assets, lower than about three-quarters of the 526 banks with less than $100 million in assets (median 3.99 cents). On the other hand, it funds 20.42% of its assets with Tier 1 capital, higher than about three-quarters of banks its size (median 13.05%).
Earnings jumped: net income for the quarter was $30,000, 36% above the same quarter a year earlier. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 0.94% of loans, down from 1.25% a year earlier. Profitability lags: it returns 1.7% a year on shareholders' equity, a small fraction of the median of 8.8% for banks its size.
As of September 30, 2026, Martinsville First Savings Bank reported a CET1 capital ratio of 45.85%, a return on assets of 0.37%, a nonperforming-loan ratio of 0.94% and a Texas ratio of 2.85%. The figures come from its call report filed with the FFIEC.
By total assets at Q3 2026, Martinsville First Savings Bank is the smallest of the 56 banks headquartered in Virginia. Between Q2 2026 and Q3 2026, its total assets rose 1.5% to $32.6M, loans rose 5.3% and deposits rose 2.1%. Its loan book on September 30, 2026 was led by 1-4 family residential loans, at 94.4% of total loans, followed by non-owner-occupied commercial real estate loans at 3.6%. The FDIC Summary of Deposits lists a single office for it, in Martinsville, VA. Judged on its Q3 2026 call report, Martinsville First Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 25 W Church St, Martinsville, VA 24112
- County
- Martinsville City
- Metro Area
- Martinsville, VA
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- —
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- 1924
- Domestic offices
- 1 branch
- Employees (FTE)
- 5
- Domestic deposits
- $25.3M
- Allowance for credit losses
- $156K
- Net charge-offs (YTD)
- -$1K
- Average total assets
- $32.2M
- Average total loans
- $18.8M
- Average interest-bearing deposits
- $24.8M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29685
- Fed RSSD
- 104971
- SEC CIK
- 1729623 → filed by FIRST MUTUAL HOLDING CO.
- Website
- www.martinsvillefirst.bank →
- Parent Holding Company
- FIRST MUTUAL HOLDING CO. (RSSD 4843090)
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
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Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. How we compute these figures
Quarterly trends
Over the 12 quarters to Q3 2026, Martinsville First Savings Bank's total assets ran between $32.1M (Q2 2026) and $33.3M (Q4 2024), and it earned a profit in all 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$32.6M total assets against $32.1M; $25.4M total liabilities against $25.0M.
$19.0M net loans and leases against $19.1M; $25.3M total deposits against $24.9M.
$2.3M securities against $3.0M; $9.4M cash and balances due against $8.1M.
$371K total interest income against $370K; $147K total interest expense against $141K.
$224K net interest income against $229K.
$0 total noninterest income against $2K; $183K total noninterest expense against $201K.
$0 provision for credit losses against $0.
$30K net income against $22K.
0.37% return on assets against 0.28%; 2.96% net interest margin against 3.07%.
45.85% CET1 capital ratio against 42.91%; 20.42% tier 1 leverage ratio against 20.20%.
Inside the full Martinsville First Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
Across the 8 quarters to Q3 2026, its return on assets ran from 0.23% (Q2 2025) to 0.63% (Q4 2025) and its net interest margin ran from 2.96% (Q1 2026) to 3.20% (Q4 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 45.85% | 0.37% | 0.94% | 2.85% | 2.96% |
| Q2 2026 | 46.86% | 0.49% | 0.65% | 1.85% | 3.06% |
| Q1 2026 | 44.94% | 0.35% | 1.06% | 3.12% | 2.96% |
| Q4 2025 | 43.81% | 0.63% | 1.27% | 3.78% | 3.08% |
| Q3 2025 | 42.91% | 0.28% | 1.25% | 3.82% | 3.07% |
| Q2 2025 | 41.88% | 0.23% | 1.39% | 4.37% | 3.10% |
| Q1 2025 | 41.42% | 0.46% | 1.46% | 4.65% | 3.13% |
| Q4 2024 | 40.45% | 0.56% | 1.78% | 5.63% | 3.20% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| Martinsville First Savings Bank (main office) | Martinsville , VA | 24112 | $24.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in VA, rank 97 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 Martinsville First Savings Bank
What are Martinsville First Savings Bank's total assets?
As of the Q3 2026 filing, Martinsville First Savings Bank reported total assets of $32.6 million in its FFIEC call report.
Where is Martinsville First Savings Bank headquartered?
It is headquartered in Martinsville, VA, United States.
When was Martinsville First Savings Bank founded?
It was established in 1924, per the FDIC institution directory.
Is Martinsville First Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #29685). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Martinsville First Savings Bank?
Martinsville First Savings Bank's primary federal regulator is the OCC.
What is Martinsville First Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 45.85% in its Q3 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Martinsville First Savings Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Martinsville First Savings Bank's Texas Ratio?
Its Texas Ratio is 2.85% in its Q3 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 nonperforming assets against the bank's capital and reserves.
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