ADDED
As of March 27, 2026 , the registrant had 6,368,410 shares of voting common stock outstanding.
(the Company or NBI ) is a financial holding company that was organized in 1986 under the laws of Virginia and is registered under the Bank Holding Company Act of 1956, as amended ("BHCA").
Through 28 banking locations across southwest, western and central Virginia, including a new branch opened in 2025 in Roanoke, Virginia, a recently upgraded Lynchburg, Virginia location and a loan production office in Charlottesville, Virginia, NBB offers a full range of retail and commercial banking services to individuals, businesses, non-profits and local governments.
As of December 31, 2025, NBB had total assets of $1,821,703 and total deposits of $1,646,795.
NBB s net income for 2025 was $16,858, which produced a return on average assets of 0.93% and a return on average equity of 10.93%.
Percentage of Total Operating Revenue For the Year Ended December 31, Revenue Component 2025 2024 Interest and Fees on Loans 65.00 % 60.59 % Interest on Investments 19.54 % 22.80 % Market Area The Company serves customers through its offices in southwest, western and central Virginia.
Tazewell County's economic base is centered on the coal mining industry and agriculture.
As of December 31, 2025, NBB had 243 full time employees and 11 part time employees.
NBI is a bank holding company qualified as a financial holding company under the BHCA, which is administered by the Board of Governors of the Federal Reserve System (the Federal Reserve ).
NBI is required to furnish to the Federal Reserve an annual report of its operations at the end of each fiscal year and such additional information as the Federal Reserve may require pursuant to the BHCA.
REMOVED
As of March 28, 2025 , the registrant had 6,363,371 shares of voting common stock outstanding.
(the Company or NBI ) is a financial holding company that was organized in 1986 under the laws of Virginia and is registered under the Bank Holding Company Act of 1956.
Through 27 banking locations across southwest and central Virginia and two loan production offices in Roanoke and Charlottesville, Virginia, NBB offers a full range of retail and commercial banking services to individuals, businesses, non-profits and local governments.
Construction on a branch in Roanoke, Virginia is underway, with a planned completion date during the first quarter of 2025.
As of December 31, 2024, NBB had total assets of $1,808,152 and total deposits of $1,661,495.
NBB s net income for 2024 was $11,001, which produced a return on average assets of 0.63% and a return on average equity of 7.95%.
Percentage of Total Operating Revenue For the Year Ended December 31, Revenue Component 2024 2023 Interest and Fees on Loans 60.55 % 57.08 % Interest on Investments 22.94 % 26.29 % Market Area The Company serves customers through its offices in southwest and central Virginia.
Both of these companies have experienced cycles of hiring and layoffs within the past several years.
Tazewell County is largely dependent on the coal mining industry and on agriculture for its economic base.
The region has had success attracting retirees, particularly from the Northeast and urban northern Virginia.