Select Bank
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Data as of · sourced from FFIEC call reports. How we update
Select Bank is an FDIC-insured commercial bank headquartered in Forest, VA, established in 2007 (FDIC certificate 58563), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $524.4M, up 4.6% from Q2 2025, the 37th largest of 56 banks headquartered in Virginia. Its CET1 capital ratio was 11.52% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 58563
- Headquarters
- Forest, VA
- Established
- 2007
- Total assets, Q2 2026
- $524.4M
- Assets vs Q2 2025
- +4.6%
- CET1 ratio, Q2 2026
- 11.52%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 051409456
- Latest call report
- Q2 2026, FFIEC 051 · Select Bank call report
- Holding company
- SELECT BANK FINANCIAL CORPORATION
- Asset rank in state
- 37th of 56 in Virginia
Select Bank leans heavily on commercial real estate. The Forest, Virginia bank had $524 million in assets at June 30, 2026, up 4.6% from a year earlier. It holds commercial real estate loans worth 3.0 times its capital, 2.5 times the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also pays an average of 2.64% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
Earnings jumped: net income for the quarter was $1.6 million, 37% above the same quarter a year earlier. Over the same year, loans grew 5.0% and deposits grew 0.4%. Where it has less room is capital: it holds common equity equal to 11.52% of its risk-weighted assets, lower than about three-quarters of banks its size (median 15.12%).
As of June 30, 2026, Select Bank reported a CET1 capital ratio of 11.52%, a return on assets of 1.27%, a nonperforming-loan ratio of 1.06% and a Texas ratio of 10.38%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Select Bank is the 37th largest of the 56 banks headquartered in Virginia. From Q1 2026 to Q2 2026, its total assets rose 4.8% to $524.4M, loans rose 3.8% and deposits fell 1.8%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 42.1% of total loans, ahead of construction and land development loans at 16.6%. The FDIC Summary of Deposits lists 6 offices for it, in 5 cities across 2 states; its Forest office books 55% of its branch deposits. On its Q2 2026 call report, Select Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 211 Gristmill Dr, Forest, VA 24551
- County
- Bedford
- Metro Area
- Lynchburg, VA
- 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
- June 4, 2007
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 58
- Domestic deposits
- $448.4M
- Allowance for credit losses
- $3.6M
- Net charge-offs (YTD)
- -$3K
- Average total assets
- $510.0M
- Average total loans
- $446.7M
- Average interest-bearing deposits
- $402.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 4, 2007
- FDIC Cert
- 58563
- Fed RSSD
- 3567269
- SEC CIK
- 1799285 → filed by SELECT BANK FINANCIAL CORPORATION
- Website
- myselectbank.com →
- Parent Holding Company
- SELECT BANK FINANCIAL CORPORATION (RSSD 4488857)
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
Select Bank's total assets moved between a low of $455.1M (Q3 2023) and a high of $524.4M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$524.4M total assets against $501.2M; $480.9M total liabilities against $465.0M.
$455.9M net loans and leases against $433.9M; $448.4M total deposits against $446.8M.
$33.5M securities against $37.1M; $8.7M cash and balances due against $7.0M.
$7.3M total interest income against $7.1M; $3.1M total interest expense against $3.4M.
$4.1M net interest income against $3.7M.
$460K total noninterest income against $337K; $2.6M total noninterest expense against $2.6M.
$0 provision for credit losses against $0.
$1.6M net income against $1.2M.
1.27% return on assets against 0.95%; 3.43% net interest margin against 3.15%.
11.52% CET1 capital ratio against 11.16%; 9.54% tier 1 leverage ratio against 8.71%.
Inside the full Select 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.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
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.
Select Bank rankings
Its closest position to the top of a national ranking is 604 of 3,640, for Texas Ratio; its furthest is 1,844 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.53% (Q4 2024) to 1.27% (Q2 2026) and its net interest margin ran from 2.64% (Q3 2024) to 3.53% (Q1 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.52% | 1.27% | 1.06% | 10.38% | 3.43% |
| Q1 2026 | 11.88% | 1.19% | 0.54% | 5.28% | 3.53% |
| Q4 2025 | 11.54% | 0.96% | 0.99% | 10.05% | 3.45% |
| Q3 2025 | 11.52% | 1.07% | 0.86% | 8.97% | 3.30% |
| Q2 2025 | 11.16% | 0.95% | 0.89% | 9.76% | 3.15% |
| Q1 2025 | 11.10% | 0.79% | 0.93% | 10.20% | 2.87% |
| Q4 2024 | 11.45% | 0.53% | 0.42% | 4.53% | 2.72% |
| Q3 2024 | 11.93% | 0.66% | 0.47% | 4.87% | 2.64% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 |
|---|---|---|---|
| Select Bank (main office) | Forest , VA | 24551 | $247.3M |
| Timberlake Office Branch | Lynchburg , VA | 24502 | $53.7M |
| Boonsboro Office Branch | Lynchburg , VA | 24503 | $51.8M |
| Huffman Mill Road Burlington Branch | Burlington , NC | 27215 | $50.8M |
| Bedford Office Branch | Bedford , VA | 24523 | $25.2M |
| Staunton Office Branch | Staunton , VA | 24401 | $19.6M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (Federal Reserve)
- February 9, 2024, Federal Reserve: Civil Money Penalty: Select Bank, Forest, Virginia
- Period: Most recent institution action February 9, 2024. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.1% of deposits in VA, rank 52 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 118 applications, 104 loans originated, $32.8M originated, across 3 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 14 loans, $8.7M approved, $618K 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).
- Consumer complaints
- 7 complaints in the last 4 full quarters. Raw counts, not adjusted for size
- Period: 2020-Q2 to 2021-Q4. Source: CFPB consumer complaint database.
- Not on file
- 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 Select Bank
What are Select Bank's total assets?
As of the Q2 2026 filing, Select Bank reported total assets of $524.4 million in its FFIEC call report.
Where is Select Bank headquartered?
It is headquartered in Forest, VA, United States.
When was Select Bank founded?
It was established in 2007, per the FDIC institution directory.
Is Select Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #58563). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Select Bank?
Select Bank's primary federal regulator is the Federal Reserve.
What is Select Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.52% in its Q2 2026 call report, above regulatory requirements.
How many branches does Select Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Select Bank's Texas Ratio?
Its Texas Ratio is 10.38% 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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