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Banks · Virginia

New Horizon Bank, National Association

Powhatan, VA · FDIC Certificate #58857 · Chartered 10/0

Total assets
$359.32M
Total deposits
$286.42M
Total equity
$33.23M
Net loans
$183.98M
Branches (offices)
3
Net income (YTD)
-$581.00K
Rank: #2,205 of 4,213 U.S. banks by assets · #44 of 56 in Virginia. Assets changed 63.1% and deposits 51.8% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)-0.39%
Return on equity-3.46%
Net interest margin (YTD)3.88%
Equity to assets9.25%
Tier 1 leverage ratio10.81%
Uninsured deposits (share of deposits)55.2%
Noncurrent loans (share of loans)0.15%
Net charge-offs (share of loans)0.27%
Loans to deposits64.2%
Real estate loans (share of loans)87.9%

Loan mix

CategoryAmountShare
Real estate loans$161.70M
87.9%
Commercial & industrial$22.19M
12.1%
Consumer / individual$1.55M
0.8%
Construction & development$14.15M
7.7%
Agricultural$76.00K
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$136.29M$118.34M-$61.00K$17.76M
Jun 2023$131.03M$113.74M$474.00K$17.10M
Jun 2024$127.54M$111.03M-$988.00K$16.25M
Jun 2025$220.32M$188.74M-$1.06M$29.52M
Jun 2026$359.32M$286.42M-$581.00K$33.23M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Virginia$286.42M3

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $286.42M.

Similar-sized banks

Locus Bank, Inc. ($359.36M) · United Community Bank ($359.30M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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