Miners Exchange Bank
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Data as of · sourced from FFIEC call reports. How we update
Miners Exchange Bank is an FDIC-insured commercial bank headquartered in Coeburn, VA, established in 1982 (FDIC certificate 23989), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $93.5M, down 0.6% from Q2 2025, the 53rd largest of 56 banks headquartered in Virginia. Its CET1 capital ratio was 20.90% 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
- 23989
- Headquarters
- Coeburn, VA
- Established
- 1982
- Total assets, Q2 2026
- $93.5M
- Assets vs Q2 2025
- -0.6%
- CET1 ratio, Q2 2026
- 20.90%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 051404684
- Asset rank in state
- 53rd of 56 in Virginia
Problem loans are rising at Miners Exchange Bank. Its balance sheet stood at $93 million at June 30, 2026; it is based in Coeburn, Virginia. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 3.16% of loans from 1.48% a year earlier. It loses about $1.28 a year on every $100 of assets, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median $1.06). It also spends about 124 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 69 cents).
It lost $304,000 in the quarter. Credit is the area to watch: it carries problem assets equal to 17.9% of the capital and reserves that would absorb them, 12.9 times the median of 1.4% for banks its size.
As of June 30, 2026, Miners Exchange Bank reported a CET1 capital ratio of 20.90%, a return on assets of -1.28%, a nonperforming-loan ratio of 3.16% and a Texas ratio of 17.85%. The figures come from its call report filed with the FFIEC.
Of the 56 banks headquartered in Virginia, Miners Exchange Bank is the 53rd largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 1.5% to $93.5M, loans rose 0.7% and deposits fell 1.3%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 54.3% of total loans, ahead of non-owner-occupied commercial real estate loans at 13.7%. Its 5 offices in the FDIC Summary of Deposits are in 5 cities in VA; its Coeburn office books 65% of its branch deposits. On its Q2 2026 call report, Miners Exchange Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 483 Front St W, Coeburn, VA 24230
- County
- Wise
- 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 051
- Established
- July 8, 1982
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 44
- Domestic deposits
- $81.0M
- Allowance for credit losses
- $613K
- Net charge-offs (YTD)
- $71K
- Average total assets
- $94.8M
- Average total loans
- $56.7M
- Average interest-bearing deposits
- $52.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 8, 1982
- FDIC Cert
- 23989
- Fed RSSD
- 711520
- Website
- www.mymeb.com →
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
Over the 12 quarters to Q2 2026, Miners Exchange Bank's total assets ran between $90.1M (Q3 2023) and $95.1M (Q4 2025), and it earned a profit in 10 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$93.5M total assets against $94.0M; $82.6M total liabilities against $83.2M.
$56.2M net loans and leases against $55.9M; $81.0M total deposits against $81.6M.
$14.3M securities against $20.0M; $17.6M cash and balances due against $13.0M.
$1.3M total interest income against $1.3M; $186K total interest expense against $197K.
$1.1M net interest income against $1.1M.
$133K total noninterest income against $170K; $1.5M total noninterest expense against $1.1M.
$25K provision for credit losses against $10K.
-$304K net income against $83K.
-1.28% return on assets against 0.35%; 4.92% net interest margin against 4.95%.
20.90% CET1 capital ratio against 21.31%; 12.40% tier 1 leverage ratio against 12.73%.
Inside the full Miners Exchange Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Miners Exchange Bank rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -1.28% (Q2 2026) to 0.35% (Q2 2025) and its net interest margin ran from 4.58% (Q4 2024) to 5.24% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 20.90% | -1.28% | 3.16% | 17.85% | 4.92% |
| Q1 2026 | 21.63% | 0.26% | 2.86% | 16.28% | 4.89% |
| Q4 2025 | 20.91% | 0.17% | 2.29% | 14.09% | 5.24% |
| Q3 2025 | 21.32% | 0.32% | 2.16% | 12.77% | 4.94% |
| Q2 2025 | 21.31% | 0.35% | 1.48% | 9.59% | 4.95% |
| Q1 2025 | 21.13% | 0.02% | 1.96% | 13.04% | 4.59% |
| Q4 2024 | 20.80% | -0.08% | 1.65% | 11.31% | 4.58% |
| Q3 2024 | 21.83% | 0.18% | 1.66% | 10.70% | 4.77% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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 |
|---|---|---|---|
| Miners Exchange Bank (main office) | Coeburn , VA | 24230 | $52.4M |
| St. Paul Branch | Saint Paul , VA | 24283 | $10.1M |
| Norton Branch | Norton , VA | 24273 | $9.7M |
| Appalachia Branch | Appalachia , VA | 24216 | $4.6M |
| Wise Branch | Wise , VA | 24293 | $4.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in VA, rank 88 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $180K approved, $180K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1995 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 Miners Exchange Bank
What are Miners Exchange Bank's total assets?
As of the Q2 2026 filing, Miners Exchange Bank reported total assets of $93.5 million in its FFIEC call report.
Where is Miners Exchange Bank headquartered?
It is headquartered in Coeburn, VA, United States.
When was Miners Exchange Bank founded?
It was established in 1982, per the FDIC institution directory.
Is Miners Exchange Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #23989). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Miners Exchange Bank?
Miners Exchange Bank's primary federal regulator is the Federal Reserve.
What is Miners Exchange Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 20.90% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Miners Exchange Bank operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Miners Exchange Bank's Texas Ratio?
Its Texas Ratio is 17.85% 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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