Asset Quality ranking · Virginia · Call report data as of September 30, 2026
Virginia Banks: Highest CRE Delinquency
HSBC Bank USA, N.A. has the highest commercial real estate noncurrent rate of the 49 ranked banks headquartered in Virginia, at 21.21% as of September 30, 2026. The median among the 49 ranked Virginia banks is 0.11%, against 0.19% for all US banks. That top value sits far outside the middle half of ranked banks (0.00% to 0.85%). A rate this far from the middle usually comes from a few large problem loans or from lending to borrowers with lower credit scores, so read it beside the bank's dollar amounts and its trend.
This list ranks Virginia banks by commercial real estate noncurrent rate. For the largest banks headquartered in Virginia, see largest banks in Virginia.
- No. 1 in Virginia
- HSBC Bank USA
- Its CRE noncurrent
- 21.21%
- Virginia median
- 0.11%
- Banks ranked
- 49
Ranked among banks headquartered in Virginia, numbered 1 to 49 within the state from the same population as the national list. Browse every bank in the Virginia bank directory.
Top 49 Virginia banks by commercial real estate noncurrent rate
Highest first. Select a column heading to sort. The gap column shows each bank's distance from the Virginia median of 0.11%. Missing values show as a dash and sort last.
| 1 | HSBC Bank USA, N.A. Tysons, VA | 21.21% | $163.38B $100B and over |
| 2 | MainStreet Bank Fairfax, VA | 4.31% | $2.23B $1B to $10B |
| 3 | Primis Bank Tappahannock, VA | 3.89% | $4.28B $1B to $10B |
| 4 | The Bank of Marion Marion, VA | 3.01% | $639.6M $100M to $1B |
| 5 | Capital One, N.A. McLean, VA | 2.38% | $661.46B $100B and over |
| 6 | The Freedom Bank of Virginia Fairfax, VA | 1.89% | $1.06B $1B to $10B |
| 7 | Old Dominion National Bank North Garden, VA | 1.79% | $1.74B $1B to $10B |
| 8 | FVCbank Fairfax, VA | 1.28% | $2.31B $1B to $10B |
| 9 | Legacy Bank Grundy, VA | 1.16% | $363.0M $100M to $1B |
| 10 | Carter Bank & Trust Martinsville, VA | 0.99% | $4.72B $1B to $10B |
| 11 | Benchmark Community Bank Kenbridge, VA | 0.91% | $1.37B $1B to $10B |
| 12 | United Bank Fairfax, VA | 0.89% | $34.12B $10B to $100B |
| 13 | Burke and Herbert Bank and Trust Company Alexandria, VA | 0.85% | $11.00B $10B to $100B |
| 14 | Bank of Clarke Berryville, VA | 0.63% | $1.87B $1B to $10B |
| 15 | The First Bank and Trust Company Lebanon, VA | 0.51% | $4.21B $1B to $10B |
| 16 | Powell Valley National Bank Jonesville, VA | 0.46% | $501.5M $100M to $1B |
| 17 | Citizens Bank and Trust Company Blackstone, VA | 0.40% | $559.1M $100M to $1B |
| 18 | Chesapeake Bank Kilmarnock, VA | 0.39% | $1.74B $1B to $10B |
| 19 | The Farmers Bank of Appomattox Appomattox, VA | 0.38% | $358.5M $100M to $1B |
| 20 | Blue Ridge Bank, N.A. Martinsville, VA | 0.27% | $2.33B $1B to $10B |
| 21 | Farmers & Merchants Bank Timberville, VA | 0.26% | $1.42B $1B to $10B |
| 22 | TowneBank Portsmouth, VA | 0.23% | $22.18B $10B to $100B |
| 23 | First Community Bank Bluefield, VA | 0.22% | $3.60B $1B to $10B |
| 24 | Atlantic Union Bank Richmond, VA | 0.22% | $38.27B $10B to $100B |
| 25 | The National Bank of Blacksburg Blacksburg, VA | 0.11% | $1.78B $1B to $10B |
| 26 | The Bank of Charlotte County Phenix, VA | 0.06% | $204.5M $100M to $1B |
| 27 | First National Bank Altavista, VA | 0.03% | $1.09B $1B to $10B |
| 28 | First Bank Strasburg, VA | 0.03% | $2.07B $1B to $10B |
| 29 | Skyline National Bank Independence, VA | 0.01% | $1.35B $1B to $10B |
| 30 | Citizens and Farmers Bank West Point, VA | 0.00% | $2.79B $1B to $10B |
| 31 | John Marshall Bank Reston, VA | 0.00% | $2.43B $1B to $10B |
| 32 | Chain Bridge Bank, N.A. McLean, VA | 0.00% | $2.27B $1B to $10B |
| 33 | Virginia National Bank Charlottesville, VA | 0.00% | $1.63B $1B to $10B |
| 34 | Trustar Bank Great Falls, VA | 0.00% | $1.14B $1B to $10B |
| 35 | Bank of the James Lynchburg, VA | 0.00% | $1.06B $1B to $10B |
| 36 | New Peoples Bank, Inc. Honaker, VA | 0.00% | $974.1M $100M to $1B |
| 37 | Bank of Botetourt Buchanan, VA | 0.00% | $941.7M $100M to $1B |
| 38 | Oak View National Bank Warrenton, VA | 0.00% | $934.1M $100M to $1B |
| 39 | The Bank of Southside Virginia Carson, VA | 0.00% | $683.8M $100M to $1B |
| 40 | Trupoint Bank Grundy, VA | 0.00% | $654.2M $100M to $1B |
| 41 | Select Bank Forest, VA | 0.00% | $533.2M $100M to $1B |
| 42 | First Sentinel Bank Richlands, VA | 0.00% | $413.6M $100M to $1B |
| 43 | Locus Bank, Inc. Richmond, VA | 0.00% | $371.3M $100M to $1B |
| 44 | Pioneer Bank Stanley, VA | 0.00% | $365.0M $100M to $1B |
| 45 | New Horizon Bank, N.A. Powhatan, VA | 0.00% | $345.9M $100M to $1B |
| 46 | Cornerstone Bank Lexington, VA | 0.00% | $225.3M $100M to $1B |
| 47 | Movement Bank Danville, VA | 0.00% | $158.6M $100M to $1B |
| 48 | Community Bankers' Bank Midlothian, VA | 0.00% | $130.7M $100M to $1B |
| 49 | Integrity Bank for Business Virginia Beach, VA | 0.00% | $105.5M $100M to $1B |
Screen every bank in Virginia by size, capital, credit and earnings in the screener. Free account, no card. Open the screener →
Definition and formula
The commercial real estate (CRE) noncurrent rate on this list is the share of a bank's loans secured by nonfarm nonresidential property, such as offices, stores, warehouses and hotels, that are on nonaccrual or 90 or more days past due and still accruing. Owner-occupied and investor-owned property are both included. Multifamily and construction loans are reported on their own lines of the call report and are not.
CRE noncurrent rate = (Nonfarm nonresidential loans on nonaccrual + Nonfarm nonresidential loans 90+ days past due and still accruing) / Nonfarm nonresidential loans
The glossary entry for Commercial Real Estate Loans explains each term, the call report items behind it and a worked example.
Which banks are ranked
This list ranks the 49 banks headquartered in Virginia that meet every rule below, using each bank's latest FFIEC call report (data as of September 30, 2026).
- Banks with at least $100M in total assets, so a ratio on a very small balance sheet cannot lead the list.
- Banks with at least $25M in nonfarm nonresidential (commercial property) loans, so a rate on a few loans cannot lead the list.
- Lending institutions only: charters with loans under 5% of assets, mostly trust and custody banks, are not ranked.
- Charters the regulator has closed, merged or converted are excluded.
- Each bank charter ranks on its own; holding companies are not combined.
What moves the CRE noncurrent rate
The rate rises when tenants leave or rents fall far enough that a property's income no longer covers its loan payments, as has happened to many office buildings since 2020, and when a maturing loan cannot be refinanced at current rates. Owner-occupied loans depend more on the borrower's business than on the building, so a bank whose book is mostly owner-occupied tends to run a lower rate. A single large loan can move a small bank's rate by several points, so compare it with the dollar amounts and the trend.
Frequently asked questions
Which bank in Virginia has the highest commercial real estate noncurrent rate?
HSBC Bank USA, N.A. has the highest commercial real estate noncurrent rate of the 49 ranked banks headquartered in Virginia, at 21.21% as of September 30, 2026, according to its FFIEC call report. MainStreet Bank ranks second at 4.31%. The median is 0.11%.
What is the median CRE noncurrent rate among ranked US banks?
As of Q3 2026, CRE noncurrent rate for the middle half of the 2,776 ranked US banks ran from 0.00% to 1.05%, and the median was 0.19%. Compare a bank with peers of the same size and business model rather than with the top of this list. See the Commercial Real Estate Loans glossary entry.
How is the CRE noncurrent rate calculated?
CRE noncurrent rate = (Nonfarm nonresidential loans on nonaccrual + Nonfarm nonresidential loans 90+ days past due and still accruing) / Nonfarm nonresidential loans. Each bank charter is ranked on its own; holding companies are not combined. See the Commercial Real Estate Loans glossary entry.
The same ranking in other states
Other Virginia rankings
More asset quality rankings
Source: FFIEC call reports for the quarter ended September 30, 2026, refreshed as each quarter's filings are processed. See data updates for the current freshness window. Next update: Q4 2026 Call Reports are due February 1, 2027; we expect them on the platform by mid-February 2027.
All bank rankings · Bank metrics glossary · List of all US banks