FDIC Cert #58596 · Martinsville, Virginia · Est. 2006

Carter Bank & Trust - FDIC Bank Health Profile

This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.

Compiled from official public sources by the publisher.
$4.8B
Total assets
D
Health grade · Weak
0.72%
Return on assets
10.2%
Tier 1 capital

Data updated July 2026

The verdict

Carter Bank & Trust earns a PlainBankData health grade of D (46/100), with well-capitalized at 10.23% Tier 1, 0.72% ROA, 75% efficiency ratio.

#295
largest of 4,313 FDIC banks by assets
93rd
percentile by asset size, nationally
10.23%
Tier 1 ratio - above the 10% well-capitalized line
25th
percentile for profitability (ROA), nationally

A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.

FDIC Call Report plate

Cert 58596 · VA D · 46/100

GRADE-D · BOTTOM-DECILE · PHOTO-FINISH · TIER1-WELL · TEXAS-WATCH · ROA-THIN · SIZE-REGIONAL · BOOK-FULL

  • GRADE-D D (46/100)
  • BOTTOM-DECILE #4172/4307
  • PHOTO-FINISH Drake Bank · MN
  • TIER1-WELL 10.2% Tier 1
  • TEXAS-WATCH 52.0% Texas
  • ROA-THIN 0.72% ROA
  • SIZE-REGIONAL $1–10B
  • BOOK-FULL 9/9 fields

Nearest health peer outside Virginia: Drake Bank, MN (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around Carter Bank & Trust

Lowest and highest poles plus nearest scored peers outside Virginia, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/100Ameristate Bank · OK · near46/100BCB Community Bank · NJ · ne…46/100Border Bank · ND · near46/100Carter Bank & Trust · VA · t…46/100Drake Bank · MN · near46/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around Carter Bank & Trust · July 2026

What Carter Bank & Trust's Call Report plate shows

Carter Bank & Trust (FDIC Cert #58596) carries a PlainBankData health grade of D at 46/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #4,172 of 4,307. Tier 1 capital prints at 10.23%, clearing the 10% well-capitalized line. The Texas Ratio is 52.01%, above the 50% watch level where troubled assets press the capital cushion. Return on assets is 0.72%. Balance-sheet scale is $4.8B, 295th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Drake Bank (MN), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around Carter Bank & Trust

5 FAILURE resolutions in Virginia since 2000 (5 since 2008)

Carter Bank & Trust's home state sits in the middle band of post-2000 FAILURE counts (5; 5 since the 2008 crisis window). Recent named resolutions below are Failed Bank List rows for this state only; Carter Bank & Trust remains an active FDIC-insured reporter.

  • MILLENNIUM BANK, NATIONAL ASSOCIATION STERLING, VA 2014 → WASHINGTONFIRST BANK
  • BANK OF THE COMMONWEALTH NORFOLK, VA 2011 → SOUTHERN BANK AND TRUST COMPANY
  • VIRGINIA BUSINESS BANK RICHMOND, VA 2011 → XENITH BANK

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and Virginia banks.

How Carter Bank & Trust's 46/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10046/100
Carter Bank & Trust's composite health score
Tier 1 Capital Ratio (10.23%) 28/40
Return on Assets (ROA) (0.72%) 14/25
Texas Ratio (52.01%) 0/20
Efficiency Ratio (74.58%) 4/15

46 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$4.8B

Total balance-sheet footings

Total Deposits

$4.2B

Customer-funded liabilities

Net Loans

$3.8B

Outstanding loan book

Net Income

$34M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 2% 4% 6% 8% 10% 12% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 8.83% 10.23% 11.63%
Basel III capital ratios - Carter Bank & Trust

Where Carter Bank & Trust ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Carter Bank & Trust's score of 46/100 falls in the highlighted band.

Carter Bank & Trust: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

46 3rd percentile higher than 3% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). This entry sits in this band. 50–60: 279 FDIC-insured banks (6%). Above this entry. 60–70: 777 FDIC-insured banks (18%). Above this entry. 70–80: 1,030 FDIC-insured banks (24%). Above this entry. 80–90: 1,237 FDIC-insured banks (29%). Above this entry. 90–100: 815 FDIC-insured banks (19%). Above this entry. Carter Bank & Trust 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

Carter Bank & Trust's size among FDIC-insured banks

Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Carter Bank & Trust's $4.8B falls in the highlighted band.

Safety ratios for Carter Bank & Trust

Tier 1 capital ratio
Well-capitalized 10%

10.23% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
10.23%
Texas Ratio
52.01%
Equity Capital
$398M

What these ratios mean →

Profitability metrics: Carter Bank & Trust

Return on Assets (ROA)
25th percentile nationally
0.72%
Return on Equity (ROE)
8.70%
Efficiency Ratio
74.58%

What these mean →

Income & expense at Carter Bank & Trust

$232M
Interest Income
$23M
Non-Interest Income
$115M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. Carter Bank & Trust reports a Texas Ratio of 52.01% - elevated, troubled assets are consuming a meaningful share of capital and reserves.

Texas Ratio
Caution 50%

52.01% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

What to watch at Carter Bank & Trust

Carter Bank & Trust's grade of D reflects specific pressure points in the FDIC Call Report. Its Texas Ratio of 52.01% sits above the 50% level analysts flag, meaning non-performing loans are consuming a meaningful share of loss-absorbing capital.

Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at Carter Bank & Trust up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.

FDIC Failed Bank List → View Carter Bank & Trust on FDIC BankFind →

Top banks in Virginia by total assets

Largest banks headquartered in Virginia
  1. 1
    Capital One $658.5B

    Mclean, VA · Grade B

  2. 2
    HSBC Bank USA $165.3B

    Tysons, VA · Grade A

  3. 3
    Atlantic Union Bank $37.5B

    Richmond City, VA · Grade A

  4. 4
    United Bank $33.5B

    Fairfax, VA · Grade A

  5. 5
    TowneBank $19.7B

    Portsmouth, VA · Grade B

Top 5 banks in Virginia ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($4.8B here), outside Virginia so the neighborhood is not state containment.

Dacotah Bank $4.8B · SD Stride Bank $4.9B · OK Celtic Bank $4.8B · UT Bank of Stockton $4.8B · CA

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Carter Bank & Trust (FDIC Cert #58596) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.

Carter Bank & Trust Call Report profile · FDIC Failed Bank List · Virginia FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in Virginia

All Virginia banks →
BankAssetsGradeROA
Capital One, National AssociationMclean $658.5B B 0.55%
HSBC Bank USA, National AssociationTysons $165.3B A 0.92%
Atlantic Union BankRichmond City $37.5B A 0.99%
United BankFairfax $33.5B A 1.50%
TowneBankPortsmouth $19.7B B 0.90%
Burke & Herbert Bank & Trust CompanyAlexandria $7.9B A 1.69%
The First Bank and Trust CompanyLebanon $4.2B A 1.62%
Primis BankTappahannock $4.0B B 1.13%