First Bank

First Bank of Strasburg, VA, chartered 1907: 32 offices, $2.07bn in assets, a 9.44% leverage ratio. Straight from the federal record.

First Bank is an FDIC-insured community bank headquartered in Strasburg, VA, chartered in 1907. It is supervised by the Federal Reserve and held by First National Corp. Every figure below is filed by the bank with its regulator and reproduced here unchanged.

Where First Bank has branches

32 full-service offices across 2 states:

• Virginia: 30 offices in 27 towns, holding $1.78bn at 30 June 2025
• North Carolina: 2 offices in 2 towns, holding $53m at 30 June 2025

First Bank on its latest Call Report, 30 June 2026

• Total assets: $2.07bn
• Total deposits: $1.85bn
• Tier 1 leverage ratio: 9.44%
• Total risk-based capital ratio: 13.91%
• Noncurrent loans, as a share of loans: 0.32%
• Return on assets: 1.14%
• Net interest margin: 4.07%
• Staff: 308

Compare First Bank against every other bank with a branch in Virginia, or find the offices nearest you.

Charter and office records from the FDIC BankFind Suite; capital, loan and earnings figures from the bank's own Call Report; deposits by office from the FDIC Summary of Deposits, counted each 30 June.