New Horizon Bank, N.A.
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Data as of · sourced from FFIEC call reports. How we update
New Horizon Bank, N.A. is an FDIC-insured commercial bank headquartered in Powhatan, VA, established in 2009 (FDIC certificate 58857), and it is supervised by the OCC. At Q2 2026 it reported total assets of $359.3M, the 44th largest of 56 banks headquartered in Virginia. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.81% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 58857
- Headquarters
- Powhatan, VA
- Established
- 2009
- Total assets, Q2 2026
- $359.3M
- Tier 1 leverage ratio, Q2 2026
- 10.81%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 051409605
- Latest call report
- Q2 2026, FFIEC 051 · New Horizon Bank, N.A. call report
- Holding company
- CSBH, LLC
- Asset rank in state
- 44th of 56 in Virginia
New Horizon Bank, N.A. spends more to run itself than most banks of its size. It reported $359 million in assets at June 30, 2026, against $220 million a year earlier. It loses about $0.36 a year on every $100 of assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 108 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
It lost $263,000 in the quarter. Its $22 million commercial and industrial book is improving, with 0.58% past due or on nonaccrual, down from 5.17% a year earlier. Concentration is the risk to watch: it holds commercial real estate loans worth 2.5 times its capital, about double the median of 1.2 times for banks its size.
As of June 30, 2026, New Horizon Bank, N.A. reported a return on assets of -0.36%, a nonperforming-loan ratio of 0.15% and a Texas ratio of 0.74%. The figures come from its call report filed with the FFIEC.
New Horizon Bank, N.A. ranks as the 44th largest of the 56 banks based in Virginia, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 29.0% to $359.3M, loans rose 9.1% and deposits rose 39.3%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 31.3% of total loans, ahead of owner-occupied commercial real estate loans at 23.2%. Its 3 offices in the FDIC Summary of Deposits are in Powhatan, VA, Norfolk, VA and Richmond, VA; its Powhatan office books 95% of its branch deposits. On its Q2 2026 call report, New Horizon Bank, N.A. meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1870 Stoneridge Commerce Dr, Powhatan, VA 23139
- County
- Powhatan
- Metro Area
- Richmond, VA
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- October 7, 2009
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 55
- Domestic deposits
- $286.4M
- Allowance for credit losses
- $1.5M
- Net charge-offs (YTD)
- $223K
- Average total assets
- $292.3M
- Average total loans
- $176.5M
- Average interest-bearing deposits
- $149.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- October 7, 2009
- FDIC Cert
- 58857
- Fed RSSD
- 3816154
- SEC CIK
- 1850155 → filed by CSBH, LLC
- Website
- www.newhorizonbank.com →
- Parent Holding Company
- CSBH, LLC (RSSD 5478903)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, New Horizon Bank, N.A. reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, New Horizon Bank, N.A.'s total assets ranged from $122.7M (Q3 2023) to $359.3M (Q2 2026), and it earned a profit in 1 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$359.3M total assets against $220.3M; $326.1M total liabilities against $190.8M.
$184.0M net loans and leases against $108.8M; $286.4M total deposits against $188.7M.
$56.6M securities against $38.0M; $105.2M cash and balances due against $63.2M.
$4.3M total interest income against $2.8M; $1.4M total interest expense against $925K.
$2.9M net interest income against $1.8M.
$173K total noninterest income against $337K; $3.3M total noninterest expense against $2.6M.
$76K provision for credit losses against $230K.
-$263K net income against -$534K.
-0.36% return on assets against -1.01%; 4.14% net interest margin against 3.61%.
10.81% tier 1 leverage ratio against 13.88%.
Inside the full New Horizon Bank, N.A. 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.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
New Horizon Bank, N.A. rankings
Its closest position to the top of a national ranking is 2,195 of 4,196, for total assets; its furthest is 3,574 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -2.21% (Q4 2025) to -0.36% (Q2 2026) and its net interest margin ran from 3.19% (Q4 2024) to 4.23% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.81% | -0.36% | 0.15% | 0.74% | 4.14% |
| Q1 2026 | 12.64% | -0.50% | 1.12% | 1.12% | 4.23% |
| Q4 2025 | 14.19% | -2.21% | 0.19% | 0.72% | 4.16% |
| Q3 2025 | 13.64% | -1.22% | 0.26% | 1.00% | 3.96% |
| Q2 2025 | 13.88% | -1.01% | 0.32% | 1.09% | 3.61% |
| Q1 2025 | 14.48% | -1.01% | 0.41% | 1.23% | 3.34% |
| Q4 2024 | 11.70% | -1.08% | 0.55% | 2.30% | 3.19% |
| Q3 2024 | 11.05% | -1.83% | 0.74% | 3.10% | 3.34% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| New Horizon Bank, N.A. (main office) | Powhatan , VA | 23139 | $271.9M |
| Norfolk Branch | Norfolk , VA | 23510 | $12.5M |
| Forest Branch | Richmond , VA | 23226 | $2.0M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in VA, rank 62 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 10 applications, 8 loans originated, $1.2M originated, across 1 states
- Period: Calendar year 2018. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 4 loans, $979K approved, $245K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 New Horizon Bank, N.A.
What are New Horizon Bank, N.A.'s total assets?
As of the Q2 2026 filing, New Horizon Bank, N.A. reported total assets of $359.3 million in its FFIEC call report.
Where is New Horizon Bank, N.A. headquartered?
It is headquartered in Powhatan, VA, United States.
When was New Horizon Bank, N.A. founded?
It was established in 2009, per the FDIC institution directory.
Is New Horizon Bank, N.A. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #58857). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates New Horizon Bank, N.A.?
New Horizon Bank, N.A.'s primary federal regulator is the OCC.
How many branches does New Horizon Bank, N.A. operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is New Horizon Bank, N.A.'s Texas Ratio?
Its Texas Ratio is 0.74% 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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