The National Bank of Blacksburg

The National Bank of Blacksburg spends more to run itself than most banks of its size. The Blacksburg, Virginia bank had $1.8 billion in assets at June 30, 2026, up 1.6% from a year earlier. It earns about $0.02 a year on every $100 of assets, a small fraction of the median of $1.29 for the 880 banks with $1 billion to $10 billion in assets. On the other hand, it carries problem assets equal to 0.3% of the capital and reserves that would absorb them, a small fraction of the median of 3.6% for banks its size.

Earnings fell sharply: quarterly net income of $88,000 was 97% below a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $49 million equal 25% of Tier 1 capital, down from 33% a year earlier. Its margin is thin by comparison: it keeps 2.99 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).

As of June 30, 2026, The National Bank of Blacksburg reported a CET1 capital ratio of 16.52%, a return on assets of 0.02%, a nonperforming-loan ratio of 0.06% and a Texas ratio of 0.35%. The figures come from its call report filed with the FFIEC.