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Locus Bank, Inc.
Richmond, VA · FDIC Certificate #58658 · Chartered 08/2
Total assets
$359.36M
Total deposits
$259.30M
Total equity
$74.15M
Net loans
$293.55M
Branches (offices)
2
Net income (YTD)
$2.19M
Rank: #2,204 of 4,213 U.S. banks by assets · #43 of 56 in Virginia. Assets changed 8.2% and deposits 10.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.26% |
| Return on equity | 5.99% |
| Net interest margin (YTD) | 3.58% |
| Equity to assets | 20.63% |
| Tier 1 leverage ratio | 21.46% |
| Uninsured deposits (share of deposits) | 26.8% |
| Noncurrent loans (share of loans) | 0.62% |
| Net charge-offs (share of loans) | -0.01% |
| Loans to deposits | 113.2% |
| Real estate loans (share of loans) | 64.5% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $189.34M | 64.5% | |
| Commercial & industrial | $80.35M | 27.4% | |
| Consumer / individual | $0 | 0.0% | |
| Construction & development | $35.46M | 12.1% | |
| Agricultural | $19.31M | 6.6% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $244.78M | $171.70M | $865.00K | $65.17M |
| Jun 2023 | $279.37M | $182.35M | $152.00K | $65.14M |
| Jun 2024 | $314.73M | $204.81M | $1.01M | $67.52M |
| Jun 2025 | $332.06M | $233.79M | $1.73M | $70.60M |
| Jun 2026 | $359.36M | $259.30M | $2.19M | $74.15M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Virginia | $259.31M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $259.31M.
Similar-sized banks
Farmers & Merchants Bank ($359.40M) · New Horizon Bank, National Association ($359.32M)
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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