Piedmont Federal Savings Bank
Also written as PFSB
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Data as of · sourced from FFIEC call reports. How we update
Piedmont Federal Savings Bank is an FDIC-insured savings and loan association headquartered in Winston Salem, NC, established in 1903 (FDIC certificate 27619), and it is supervised by the OCC. At Q2 2026 it reported total assets of $1.32B, up 2.6% from Q2 2025, the 13th largest of 38 banks headquartered in North Carolina. It reports no CET1 ratio; its Tier 1 leverage ratio was 18.60% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings and loan association
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 27619
- Headquarters
- Winston Salem, NC
- Established
- 1903
- Total assets, Q2 2026
- $1.32B
- Assets vs Q2 2025
- +2.6%
- Tier 1 leverage ratio, Q2 2026
- 18.60%
- Domestic offices
- 10 FDIC institution directory, current count
- Routing number
- 253171773
- Latest call report
- Q2 2026, FFIEC 051 · Piedmont Federal Savings Bank call report
- Holding company
- PIEDMONT FINANCIAL HOLDING COMPANY
- Asset rank in state
- 13th of 38 in North Carolina
Piedmont Federal Savings Bank spends more to run itself than most banks of its size. The Winston Salem, North Carolina bank had $1.3 billion in assets at June 30, 2026, up 2.6% from a year earlier. It earns about $0.25 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. It also spends about 86 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 58 cents).
Earnings jumped: net income for the quarter was $822,000, 98% above the same quarter a year earlier. Over the same year, loans grew 11.4% and deposits grew 3.0%. Its margin is thin by comparison: it keeps 2.41 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.71 cents).
As of June 30, 2026, Piedmont Federal Savings Bank reported a return on assets of 0.25%, a nonperforming-loan ratio of 0.16% and a Texas ratio of 0.61%. The figures come from its call report filed with the FFIEC.
Of the 38 banks headquartered in North Carolina, Piedmont Federal Savings Bank is the 13th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 0.6% to $1.32B, loans rose 2.8% and deposits rose 1.7%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 60.5% of total loans, ahead of non-owner-occupied commercial real estate loans at 11.7%. The FDIC Summary of Deposits lists 10 offices for it, in 7 cities in NC; its Winston Salem 4 offices book 48% of its branch deposits. By the capital ratios in its Q2 2026 call report, Piedmont Federal Savings Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 201 S Stratford Rd, Winston Salem, NC 27103
- County
- Forsyth
- Metro Area
- Winston-Salem, NC
- Charter
- State-chartered stock savings and loan association, FDIC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- —
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1903
- Domestic offices
- 10 FDIC institution directory, current count
- Employees (FTE)
- 120
- Domestic deposits
- $973.7M
- Allowance for credit losses
- $7.0M
- Net charge-offs (YTD)
- $3K
- Average total assets
- $1.34B
- Average total loans
- $903.3M
- Average interest-bearing deposits
- $902.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 27619
- Fed RSSD
- 864471
- Website
- www.piedmontfederal.com →
- Parent Holding Company
- PIEDMONT FINANCIAL HOLDING COMPANY (RSSD 5726556)
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, Piedmont Federal Savings Bank 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, Piedmont Federal Savings Bank's total assets ranged from $1.17B (Q3 2023) to $1.32B (Q2 2024), 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
$1.32B total assets against $1.28B; $1.08B total liabilities against $1.05B.
$910.5M net loans and leases against $816.9M; $973.7M total deposits against $945.1M.
$243.3M securities against $269.2M; $51.0M cash and balances due against $90.4M.
$13.9M total interest income against $13.1M; $6.5M total interest expense against $6.8M.
$7.4M net interest income against $6.3M.
$1.0M total noninterest income against $972K; $7.4M total noninterest expense against $7.0M.
$150K provision for credit losses against $0.
$822K net income against $416K.
0.25% return on assets against 0.13%; 2.41% net interest margin against 2.13%.
18.60% tier 1 leverage ratio against 18.93%.
Inside the full Piedmont Federal Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freePiedmont Federal Savings Bank rankings
Its closest position to the top of a national ranking is 830 of 4,196, for total assets; its furthest is 3,432 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.07% (Q3 2024) to 0.25% (Q2 2026) and its net interest margin ran from 1.81% (Q3 2024) to 2.41% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.60% | 0.25% | 0.16% | 0.61% | 2.41% |
| Q1 2026 | 18.87% | 0.16% | 0.06% | 0.21% | 2.32% |
| Q4 2025 | 18.88% | 0.18% | 0.14% | 0.53% | 2.25% |
| Q3 2025 | 19.03% | 0.11% | 0.11% | 0.39% | 2.19% |
| Q2 2025 | 18.93% | 0.13% | 0.13% | 0.45% | 2.13% |
| Q1 2025 | 18.86% | 0.12% | 0.03% | 0.10% | 1.97% |
| Q4 2024 | 18.74% | 0.08% | 0.12% | 0.43% | 1.92% |
| Q3 2024 | 18.26% | 0.07% | 0.02% | 0.07% | 1.81% |
Swipe the table sideways to see every column.
Branch Network
View all 10 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 |
|---|---|---|---|
| Piedmont Federal Savings Bank (main office) | Winston Salem , NC | 27103 | $210.6M |
| Kernersville Branch | Kernersville , NC | 27284 | $172.6M |
| Peace Haven Branch | Winston Salem , NC | 27106 | $113.9M |
| Wake Forest Federal Branch | Wake Forest , NC | 27587 | $110.4M |
| Clemmons Branch | Clemmons , NC | 27012 | $92.2M |
| Southpark Branch | Winston Salem , NC | 27127 | $82.7M |
| North Wilkesboro Avenue Branch | North Wilkesboro , NC | 28659 | $64.2M |
| Hanes Mill Branch | Winston Salem , NC | 27105 | $64.1M |
| Boone Branch | Boone , NC | 28607 | $34.8M |
| High Point Branch | High Point , NC | 27265 | $28.1M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 3, 2024 | Structure Change | Acquired Wake Forest Federal Savings and Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 2, 2024 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in NC, rank 29 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 191 applications, 118 loans originated, $40.2M 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 Piedmont Federal Savings Bank
What are Piedmont Federal Savings Bank's total assets?
As of the Q2 2026 filing, Piedmont Federal Savings Bank reported total assets of $1.32 billion in its FFIEC call report.
Where is Piedmont Federal Savings Bank headquartered?
It is headquartered in Winston Salem, NC, United States.
When was Piedmont Federal Savings Bank founded?
It was established in 1903, per the FDIC institution directory.
Is Piedmont Federal Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings and loan association (FDIC Certificate #27619). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Piedmont Federal Savings Bank?
Piedmont Federal Savings Bank's primary federal regulator is the OCC.
How many branches does Piedmont Federal Savings Bank operate?
It operates 10 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Piedmont Federal Savings Bank's Texas Ratio?
Its Texas Ratio is 0.61% 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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