# BANK OF FINCASTLE
FINCASTLE, VA · FDIC certificate 6128 · asset band <$300M · latest filing 2021-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $267.2M | |
| Deposits | $236.3M | |
| Loans and leases | $195.4M | |
| Total equity | $29.2M | |
| Loans / deposits | 81.40% (p80 of band) | 64.15% |
| Liquid assets / assets | 21.81% (p11 of band) | |
| Uninsured deposits / deposits | 10.48% (p18 of band) | 18.57% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.05% (p44 of band) | 10.40% |
| Unrealized securities loss / equity | -0.01% (p23 of band) | 0.89% |
| AOCI / equity | -0.53% (p60 of band) | |
| ROA (annualized) | -0.76% (p2 of band) | 1.04% |
| Net interest margin | 3.42% (p56 of band) | 3.30% |
| Efficiency ratio | 124.72% (p98 of band) | |
| Noncurrent loans | 0.52% (p58 of band) | 0.35% |
| Net charge-offs (annualized) | -0.07% (p5 of band) | |
| Reserve coverage of noncurrent | 303.57% | |
| Real estate % of loans | 72% | |
| Construction % of loans | 33.75% (p73 of band) | |
| Auto loans | $276,000 (0.14% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $4.3M (15% of equity) (p99 of band) | |
| Deposits YoY | 6.4% | |
| Employees | 52 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | construction >100% equity |  |
| 2011-06 | 2 | reserve under noncurrent |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 1 |  | reserve under noncurrent |
| 2013-09 | 4 | capital falling, noncurrent p90, reserve under noncurrent |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 3 |  | capital falling |
| 2014-06 | 3 |  |  |
| 2014-09 | 3 |  |  |
| 2014-12 | 4 | capital falling |  |
| 2015-03 | 5 | charge-offs p90 |  |
| 2015-06 | 6 | losing money |  |
| 2015-09 | 7 | expense ratio p90 |  |
| 2015-12 | 7 |  |  |
| 2016-03 | 6 |  | expense ratio p90 |
| 2016-06 | 6 |  |  |
| 2016-09 | 6 |  |  |
| 2016-12 | 8 | leverage <7%, expense ratio p90 |  |
| 2017-03 | 9 | leverage <5% | charge-offs p90 |
| 2017-06 | 8 | assets shrinking, uninsured deposits leaving | capital falling, leverage <5% |
| 2017-09 | 8 | charge-offs p90, deposits shrinking | construction >100% equity, leverage <7% |
| 2017-12 | 6 |  | assets shrinking, charge-offs p90 |
| 2018-03 | 3 |  | noncurrent p90, losing money, expense ratio p90 |
| 2018-06 | 2 | noncurrent p90 | uninsured deposits leaving, deposits shrinking |
| 2018-09 | 1 |  | noncurrent p90 |
| 2018-12 | 2 | charge-offs p90 |  |
| 2019-03 | 2 | capital falling | reserve under noncurrent |
| 2019-06 | 1 |  | charge-offs p90 |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 | expense ratio p90 | capital falling |
| 2020-03 | 1 |  |  |
| 2020-06 | 0 |  | expense ratio p90 |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 2 | losing money, expense ratio p90 |  |

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

- 2024-10-03 [Locally based Touchstone Bank now part of Strasburg’s First Bank - Richmond BizSense](https://news.google.com/rss/articles/CBMipwFBVV95cUxNblBvcktzMHR1RzBTV2NFMlRBNUdRMzM5RXk4OW9OYVNtYmFoNVBJVGR3aDAzTmVqWnhhUXFRNTRRVXZNSnN0X041Z0FleVEzRFI5ZDFWczJTTGJLSWZ4dm5jT09Qdm1JX2RDSU9saUt2bGwtRHNqSExvenNJakdKN05OY1o0Sm5SLTM1RUtsUk5CSXEzRGlwOGxMZzFSbkoyampjTkFBQQ?oc=5) · Richmond BizSense
- 2021-07-23 [First National Corp. acquisition of Bank of Fincastle complete - The Northern Virginia Daily](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPUTZMN284OGdNMk1uTmhyNEo4cnV6Sks5RUg2SXJuazJQblFLTzFQbTJsZkNuZXhBTnJhUTdkR1U2bWd2THZsVm9oMjl2bWxYMm5NTzJ0c1Y0eVZuQ1k3MjlGT2lfNHNkZW5xR3hyX2lPRlhhaWZxV3NzeExwVWNtX0w0NGNJZzBoTHVJMml0T2dOZWQ0Y3VjQ3l0WnlMdHItZk5PZ2N6TGkxMzVnbFRFaDhkb1RIbGZfOTJaWF9FeHdiaG1pNTVteVhkT3RZR25QalMxV0NGLUVtQmc?oc=5) · The Northern Virginia Daily
- 2021-07-01 [First National Corporation Acquires The Bank of Fincastle - citybiz](https://news.google.com/rss/articles/CBMimwFBVV95cUxOYmpfS1o0VDNwajA3ZGs3ZXVzTjJwQVpEWEdyZ0NjOS1EM29JZndRVVhYaHV5MlJXb3RNTk16dnFRRUVfd3lmWnlzSzBzbXl3N0hMVkxUbGF4M0J2Y0dyQ0ExWmtLTExkVUtsTFhIeGRMRHhiRlV0VmJ3aWRJcjIzTEcwdEVqTlVCVXd5djlHZFR1M1ZxazVwWnpNSQ?oc=5) · citybiz
- 2024-03-27 ['We've come a long way': First National announces merger with Touchstone Bankshares - The Winchester Star](https://news.google.com/rss/articles/CBMihwJBVV95cUxNT3oxZlZzbHMzMnZaRi1obDYxQWFYZmNITWFuQU9FeDE5NFJud2l3cWFFdXlUOEhsV21oLVJiZ3ZJWWZWY1Z5dE1aeEJrTjN4TWxzMnBqcnRvWTd4azQ1NkhNMjgyNXRGYTZIbkZ0cThfOWtqaGt3dkx3d0xMSUZYWlNWQV83TU5OcGNZRjY2S0o3azFuVklCQ1E4blJsdlFLNE0xMXVOOTR6OU9XcFNTRDFVaFVzTGlpS1Y1aEp3OGRmN0c0bHZwcFFPUjBqamNPbGxleHlpaHhrS0wtTXlhOXdncklQNnlscWFYb3R1aHlnUkI0ZlNvaHV4XzBoYnpla3NNd3dzYw?oc=5) · The Winchester Star
- 2018-01-11 [Bank of Fincastle finalizes sale of Ashley Plantation Country Club - Roanoke Times](https://news.google.com/rss/articles/CBMi4AFBVV95cUxPY0diRUQ2UnRPVTlORS1LUklxRDlhTV9BTjVJQ2JQNzFNWjRFMVRHaDdicmVpUmQzYnBRQXJRRU5UNDZsNVMwVjVYVTVJUWlhUl9RLUpsOUtTTEN3UE5uZHRTY2xZREU4Y0g2R3JaaGdpaUtTSHVHUGtPVVAza0trd2NLU2ZJVDZHbzZyYVJzUU9iTTM4Nk5MbFR1djZXWEJXdTNFVWsyVkFtc25vTy1HVkwwOVRiZHJ1Zk1aZlhhcjI1WTlGd2lFM1JkaUhHRmJZc2QxV2VQVTNlUF9fVFl2dw?oc=5) · Roanoke Times
- 2026-06-12 [Peggy Davis Obituary (1935 - 2026) - Buchanan, VA - Roanoke Times - legacy.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPeEgxd1FVdjREMEpsSlJYSHh0MUo1NEc1VUp3UHFoYWRTU1ZDdWZDc0NYVEZLbmxIOUkwTE1ka09Uc3ZGWjRfV3JMTkpyMWlEQmptVDVlYnVQYVdqcVhkc3ZyZXhxUjFzS19SU3ZhbU04ak1PeWthaG9xWFRLQm9ub05Vemp2ZWhRblE?oc=5) · legacy.com
- 2023-04-24 [First Bank Appoints W. Todd Ross as Roanoke Valley Market President - citybiz](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPMHcyZ3NlRTBDUkVOdzJDVmFyV0I3WWFZYTZreHBtNzFWOWpTVEkwUXZHVGRVbzI1ekFJeHJVbWJFQXRFUTFFSWloN0ZxR3BnWlRCZnRJY3I5eW1XWVd1ZTRCOHprTXFna0tMazNheGtRakxtOWFGbnMtX0ZBcDZTOC1wMThTUGRkX3N4UDljZWhfLWh3TS1KeXZvZlZVekw3QjVsYm4yQlc?oc=5) · citybiz
- 2019-08-28 [New Investors Reviving Virginia Resort - Woodall's Campground Magazine](https://news.google.com/rss/articles/CBMib0FVX3lxTE9DOUM3RG9rNUlQQWRfM2NZMmtNZnZUMFd5OV9kOXdzTlZSWUNfUzh2cU45eExiaVItdTNBb3hrSms1U1NieWtUX2t3STlqOEZSUVpoaE9OdVluMEx6QWp1Q0FHUzhnYzJsZDlrQUREOA?oc=5) · Woodall's Campground Magazine

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6128 (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/48.json (key "6128", 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.

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