# SELECT BANK
FOREST, VA · FDIC certificate 58563 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $524.4M | |
| Deposits | $448.4M | |
| Loans and leases | $459.4M | |
| Total equity | $43.5M | |
| Loans / deposits | 101.66% (p91 of band) | 82.04% |
| Liquid assets / assets | 8.06% (p2 of band) | |
| Uninsured deposits / deposits | 24.42% (p44 of band) | 25.97% |
| Brokered deposits | 2.40% | |
| Wholesale funding | 8.12% (p71 of band) | |
| FHLB advances / assets | 5.72% | |
| Tier 1 leverage | 9.54% (p24 of band) | 10.81% |
| Unrealized securities loss / equity | -14.93% (p32 of band) | -8.10% |
| AOCI / equity | 0.93% (p95 of band) | |
| ROA (annualized) | 1.22% (p47 of band) | 1.28% |
| Net interest margin | 3.47% (p26 of band) | 3.91% |
| Efficiency ratio | 55.42% (p32 of band) | |
| Noncurrent loans | 1.06% (p74 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p20 of band) | |
| Reserve coverage of noncurrent | 73.59% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 174.87% (p98 of band) | |
| Auto loans | $604,000 (0.13% of loans; DQ 5.13%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 0.4% | |
| Employees | 58 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | liquid assets <10%, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 2 |  | construction >100% equity |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 | charge-offs p90 | capital falling |
| 2012-06 | 2 |  | charge-offs p90 |
| 2012-09 | 1 |  | liquid assets <10% |
| 2012-12 | 3 | liquid assets <10%, capital falling |  |
| 2013-03 | 4 | charge-offs p90 |  |
| 2013-06 | 4 | construction >100% equity | capital falling |
| 2013-09 | 2 |  | charge-offs p90, construction >100% equity |
| 2013-12 | 2 | capital falling | reserve under noncurrent |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 2 | charge-offs p90 |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 | capital falling | charge-offs p90 |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | uninsured deposits leaving |  |
| 2015-12 | 3 | loans exceed deposits |  |
| 2016-03 | 1 |  | uninsured deposits leaving, loans exceed deposits |
| 2016-06 | 1 | construction >100% equity | liquid assets <10% |
| 2016-09 | 2 | liquid assets <10%, capital falling | construction >100% equity |
| 2016-12 | 2 |  |  |
| 2017-03 | 0 |  | liquid assets <10%, capital falling |
| 2017-06 | 1 | liquid assets <10% |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | loans exceed deposits |  |
| 2018-03 | 2 | capital falling | loans exceed deposits |
| 2018-06 | 1 |  | capital falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | loans exceed deposits |  |
| 2019-09 | 3 | capital falling |  |
| 2019-12 | 2 |  | capital falling |
| 2020-03 | 2 |  |  |
| 2020-06 | 5 | wholesale funding >15%, capital falling, reserve under noncurrent |  |
| 2020-09 | 4 | charge-offs p90 | capital falling, reserve under noncurrent |
| 2020-12 | 3 | reserve under noncurrent | wholesale funding >15%, charge-offs p90 |
| 2021-03 | 0 |  | liquid assets <10%, loans exceed deposits, reserve under noncurrent |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | AOCI drag >20% of equity, construction >100% equity |  |
| 2022-09 | 3 | securities losses >30% of equity |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 | capital falling | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 | securities losses >30% of equity | capital falling |
| 2023-12 | 1 |  | securities losses >30% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | capital falling |  |
| 2025-03 | 4 | liquid assets <10%, reserve under noncurrent |  |
| 2025-06 | 3 |  | capital falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 2 |  | reserve under noncurrent |
| 2026-06 | 4 | loans exceed deposits, reserve under noncurrent |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-17 [Select City National Bank locations to sell discounted Fair tickets - Mountain Messenger](https://news.google.com/rss/articles/CBMinwFBVV95cUxOdG1PQjVHVzhNNkY3Nkp2WGRfWVZENEFPOTNhUlVWQVdONmdBLUNYOUhRcVV1Zkg3TmxKUU5QaGxsYzVQOEl0M0ZwT2dlNzBpWGQySWtCZG1GRi1kM3BEaHcwWllGeE9UT0h2ZjgyTTFMTTdRQlNFUkJmdTRmVDJOdGZSVGs5RkVfZFFBcWtYM0dReTJaTWtRR3dNX1hGZGc?oc=5) · Mountain Messenger
- 2026-07-13 [Discounted State Fair of West Virginia tickets to be sold at certain City National Bank locations - WVNS](https://news.google.com/rss/articles/CBMi4wFBVV95cUxNdnR4cnEtaVFtRktiSUlYd3dYYXlBZGFsVHRzczBYWUdUNXE0aFBUaDZzS0tnekNYQXdUcW1xQk1fcG9IZHQxRXRQVTQ5dUtPQmczVTJmbnI1S2wxV29vNVIweUs4aVN5bmxGOUY5THdHMlZYQndGbVBTRk8yTVJlVzZIZFlvblpOZ2R2blNUdEZkU0NGaHhKVU1zVHdWcGpQSWw1QXJYY2p1aG0wMVI4TzQ4a1gwZmpSS1pPbTVWM1JOUTdxcGFyYzZ2YnBNaF91ZG4wbWU5NlRxLVFkN2tXV0w4d9IB6AFBVV95cUxQSTJFelVZNXg5SzFmYndRV0lyeGwwR1didUVXTnhoSC0wQURqT0V5dFVoWmRIMTlvNjloSV91TnN0bXI5RE5Tczc2b0I4ZF9tUFluYUZJQW5hc0tjTlpyeDk3UFdrXzdRZFhJeEFBeGVxOXpnNExsMFQ3V1g2a1FpTTVqN1k4cDB4RmFDRjBrSjRpUXBsUUZObEtRbFBkSzlhYm9lTEdoN19sYmx1M2E0NDd4eVRESzVWUFk2OHVtX3h2NmpOUHR1bnRXOE5vQW9mcVZ3MzRHcXl3ekhCNmtLR1lJRDhLUHJD?oc=5) · WVNS
- 2018-02-23 [Select Bank to open branch where BB&T sits in Boonsboro Shopping Center - WSET](https://news.google.com/rss/articles/CBMinwFBVV95cUxOTGo1dlRZeEJ0eHBQMVVHaHFHRzN5bTNkME1XQ1hEa3pyNmlueWFXUHVRTXp3UjhXY08wNkQ3NXM1VDN6TWNvaks5LUxaVXFVeXY2TWp3NGt2OGlCY3Rpa214M2hJSTFfam9MRG9sbElxblhJdDZGOTQ4d1NDQ0VGWkJzWEFGNWRSanNYMUhCQ3NqcmxZMkNqN25TdElTZVE?oc=5) · WSET
- 2021-06-01 [First Bancorp to Acquire Select Bancorp, Inc. - PR Newswire](https://news.google.com/rss/articles/CBMioAFBVV95cUxOMmo5U3NfWUJuUWFkNzNRVGNVVjRISFNlc1R2c1JNTnM3cnRxQV80VzM3aFk5OG5nSzVidFY2TXoxZEV2dlZIbk00MWh2bDJuTGRLQWVBTnF5VUFnbWFySGdIQ0w2OWp3TzNSRzZhYnB1NERsMDBiZmZDU01OT3I5ODhQZjd2b2VNd29LYlJMSGZxQUdsaGJrbWV0VmJTNkp1?oc=5) · PR Newswire
- 2021-06-02 [Bank growing Raleigh foothold gets bigger with $314M deal - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxNaHpoZDVfckpyV29PQzlfS1YtZGx3ZVFfb29QNDhQT1pQUW05Yk1YcmRjSWxtUmh3VzZMVW95SUVlVWhub3NMQTBYQlZ3Y0hEQmszWU50OFFTbzFCaV9jZmU0Sl91OEQ0MEhxY285SW10QUtPRU5ycU5PQV9acHhxSF9WMzlFTGRxb2MzWGt0Y1hFaWc4NDVHeU4tSlVoenZDWDU4?oc=5) · The Business Journals
- 2022-06-01 [If your local bank branch has closed for good, you're not alone — here's what you can do - CNBC](https://news.google.com/rss/articles/CBMihgFBVV95cUxOZTJuTW1ESlJULUp4Y0twaEkyNXo0T1JTNGZsSmJHUTZCbXBFd3hDeTZxVEVDX3ZQUWdXSXhnd1R0eFAxeE1xc1hVTG92TnpRTEpfM3cxeXdQVGo4UDVEcW9keWFKd1ZzLUdtbnRwXzhjMFQ3MC1kWnUtR00wTG50bU1fNXVxZ9IBiwFBVV95cUxOblJ0NUlqSG5OSUlqV3RUOVo0YVh5NkhKc2lkY3RIVG1ZU2U2X0k4azhyWGw4cDJEREZBZnFaa0NSWFluZTN5NWUxNml0RGFySkwyUWdGNTY3QnFrVm1VRlowOGsyOWtzTFVudmZac1F3S1JyRjljUVhjU0pNMDZGYnJSNHB3WTVmeUo0?oc=5) · CNBC
- 2018-04-23 [Virginia man arrested in 2016 Select Bank & Trust robbery in Elizabeth City - WNCT](https://news.google.com/rss/articles/CBMiogFBVV95cUxOSFpGV3FseWhZLUhsX2hpY3ljQVg5TkFwNjhDaXJwX3dudUZJdzRaOFNzcnQ5Vy1RaERqS0QxZnBZVXRyV0FxQWNWalBLUXJSVVJEYUZlbk9kZW9ZQm1IbldfSXNIeFNIT0JwSW5BVmVaRERNRThiNXlENTdzdkZhMDJDSndHRTlDWmJQX0RtcDc4QU1yZW40QWhIcFNQRk54ZUHSAacBQVVfeXFMUFhsMjQ0bUNPYWxEcUVxVGFmZ0RzeGRzNjFzTDJYTmhHM09JU0tZaVZwdXNITlNfcFVZV3p5WVdHdEE2U2lJemhCbUFCdEN2YnRkUlVILV9jdjltX2JGYVQtX1dpRUxOWjltVGROQ0Z1eEQwaDdZSjd0TkNIMWlydmFWT0Q4VmtCUEFLTVhLYS1mdmdnbXB4R252Tk1zZ2wtdWZhMnJudjQ?oc=5) · WNCT
- 2023-11-02 ['I was just shocked': Lynchburg teens react to their viral trick-or-treating video - WKEF](https://news.google.com/rss/articles/CBMiowJBVV95cUxQZXo4RWdwRnpfT015N0ZEQ1RTM2xDTWUxUy13eGV5cFpQM0c1UGtfVGt4azM5dHNxZUR4Q3laQ2pYYjZiUWtaZFpndEdGNVdUT0I0cGktNU9ZRWNDZ1JfMnBMMzBRUHVCNjJLVnhZZ1AtUTJOYTVVMGMyQV9hOVN0QlBMeUpRaFJYNXNMQmhOSUg1QzVRSDQyZDloQkdmMnUtZlN5NklFQ3cyeF9VUU1COC1MMm02VGg1ZEZDS1NEaXdZN3Q2ZUxqTmV2bjU5aV9yRHd1VVRNQWNHbmtzZU45b0NzQnBDMmZCRXd5aE5COExwQVN0RVFkSUtMdzJ6R3lEWmxFX3hIb2trT3VfY1hWakU2WnlNSWw1VDZCYlFXcUU0WVE?oc=5) · WKEF

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58563 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/3.json (key "58563", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide