TellerScore

Headquartered in Strasburg, Virginia, First Bank is a state-chartered bank (fed member) with $2.1B in total assets and $1.8B in deposits as of Q2 2026. It operates 33 offices across 2 states. Its charter dates back to 1907.

First Bank has a TellerScore of 67 out of 100 (moderate) based on Q2 2026 data — higher than only 44% of its 897 banks with $1 billion – $10 billion. Among 56 banks headquartered in Virginia, it ranks 38th. Problem-loan coverage contributes the most (95/100, 2.3%); capital cushion contributes the least (44/100, 9.44%).

TellerScore · Q2 2026

Scorecard

Capital cushion44/100
Tier 1 leverage ratio: 9.44%
Loan quality89/100
Noncurrent loans ÷ total loans: 0.32%
Earnings65/100
Return on assets (annualized): 1.14%
Funding & liquidity62/100
Loans ÷ deposits and uninsured-deposit share: 79.8% · 31.1% uninsured
Problem-loan coverage95/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 2.25%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 6 points (61 → 67), mostly because the earnings component improved by 14 points.

TellerScore
576368Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202460
Q3 202462
Q4 202457
Q1 202559
Q2 202561
Q3 202564
Q4 202566
Q1 202668
Q2 202667
Tier 1 leverage ratio
5.00%7.22%9.44%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.18%
Q3 20249.23%
Q4 20247.95%
Q1 20258.28%
Q2 20258.56%
Q3 20258.88%
Q4 20259.13%
Q1 20269.38%
Q2 20269.44%
Noncurrent loans
0.30%0.58%0.86%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.86%
Q3 20240.60%
Q4 20240.51%
Q1 20250.34%
Q2 20250.47%
Q3 20250.42%
Q4 20250.32%
Q1 20260.30%
Q2 20260.32%
Return on assets
0.45%0.79%1.14%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.86%
Q3 20240.80%
Q4 20240.54%
Q1 20250.45%
Q2 20250.78%
Q3 20250.92%
Q4 20250.98%
Q1 20261.08%
Q2 20261.14%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202667$2.1B9.44%0.32%1.14%79.8%
Q1 202668$2.1B9.38%0.30%1.08%78.2%
Q4 202566$2.0B9.13%0.32%0.98%79.0%
Q3 202564$2.0B8.88%0.42%0.92%77.1%
Q2 202561$2.0B8.56%0.47%0.78%77.8%
Q1 202559$2.0B8.28%0.34%0.45%77.2%
Q4 202457$2.0B7.95%0.51%0.54%78.8%
Q3 202462$1.5B9.23%0.60%0.80%77.2%
Q2 202460$1.5B9.18%0.86%0.86%76.1%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.44%
22nd
Total risk-based capital13.91%
53rd
Problem loans0.32%
66th
Net charge-offs0.09%
33rd
Return on assets1.14%
41st
Net interest margin4.07%
73rd
Efficiency ratio65.4%
31st
Loans to deposits79.8%
68th
Uninsured deposits31.1%
49th
Loan-loss reserves1.00%
32nd
Texas ratio2.3%
66th

Similar-size banks in Virginia

InstitutionScoreAssetsCapitalProblem loansCompare
Chain Bridge Bank, National AssociationBank Mclean, VA74 out of 100, Strong$2.2B9.1%0.00%vs
MainStreet BankBank Fairfax, VA47 out of 100, Below average$2.2B12.8%3.15%vs
Bank Of ClarkeBank Berryville, VA67 out of 100, Moderate$1.8B12.3%1.07%vs
Blue Ridge Bank, National AssociationBank Martinsville, VA49 out of 100, Below average$2.3B11.2%1.68%vs
The National Bank of BlacksburgBank Blacksburg, VA70 out of 100, Strong$1.8B10.5%0.06%vs
Old Dominion National BankBank Charlottesville, VA64 out of 100, Moderate$1.8B11.8%0.85%vs

Deposit insurance

Is my money safe at First Bank?

Yes. First Bank is an FDIC-insured institution (FDIC certificate #6917). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 31.1% of deposits ($573.8M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.44%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.91% (benchmark: 10%).

Check how much of your own balance is covered

33 locations

Branches

First Bank lists 32 offices in 29 cities across 2 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First Bank reported 493 home-loan applications under HMDA (LEI 25490047DXSX2HF6QY47): 350 originated ($77,010,000 total), 77 denied, and 40 withdrawn or closed by the applicant. Its denial rate on decided applications was 17.0%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First Bank
Former names
The First National Bank of Strasburg
Type
State-chartered bank (Fed member)
FDIC certificate #
6917
RSSD ID
899428
Primary regulator
FED
Holding company
First National Corp
Established
July 1, 1907
Headquarters
112 W King St, Strasburg, VA 22657
Employees
308

Quick answers

First Bank: common questions

Is First Bank FDIC insured?

Yes. First Bank is an FDIC-insured institution (FDIC certificate #6917). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Bank's TellerScore?

67 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Bank ever failed?

There is no failure record for FDIC certificate #6917 in the FDIC failed bank list.

How many branches does First Bank have?

33 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Strasburg

InstitutionScoreAssetsCapitalProblem loansCompare
Front Royal Federal Credit UnionCredit union Front Royal, VA97 out of 100, Very strong$87.4M16.9%0.14%vs
Midway Federal Credit UnionCredit union Berryville, VA85 out of 100, Very strong$9.7M23.6%0.00%vs
Virginia National BankBank Charlottesville, VA83 out of 100, Strong$1.6B13.2%0.47%vs
City National Bank of West VirginiaBank Charleston, WV78 out of 100, Strong$6.8B9.6%0.22%vs
Dupont Community Credit UnionCredit union Waynesboro, VA76 out of 100, Strong$2.1B10.9%0.33%vs
Apple Federal Credit UnionCredit union Fairfax, VA76 out of 100, Strong$5.7B10.9%0.56%vs