Powell Valley National Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Powell Valley National Bank offers personal service with a hometown atmosphere while providing many banking options to choose from. Powell Valley National Bank offers free online banking, free online bill pay, and a free Visa Check Card.

Powell Valley National Bank is a user friendly bank which has been serving southwest Virginia since 1888. The bank have offices in Jonesville, Pennington Gap, Big Stone Gap, Wise, and Duffield with automated teller machines at each location, Wellmont Lonesome Pine Hospital in Big Stone Gap and Mountain Empire Community College (Holton Hall).

There are many accounts to choose from, including: Checking, Passbook Savings, Statement Savings, Christmas Club Savings, NOW, Super NOW, Money Market, Certificates of Deposit and Individual Retirement Accounts. Also, we offer a VISA Check Card which makes access to your demand deposit account more convenient. If you are in need of a loan, we can service your needs with Commercial Loans, Consumer Loans and Real Estate Loans. Special services available are Ach File Processing, Cashier's Checks, Funds Transfers, Notary Service, Safe Deposit Boxes and Sweep Accounts.