Primis Bank


ACH Number: 55003421

Primis Bank is an FDIC insured institution headquartered at 1665 Tappahannock Blvd, Tappahannock, VA 22560.
It was founded in 2005 and has approximately $4 billion in assets. Customers can open an account at one of its 50 branches.

Deposit Rates - December 20, 2025

SAVINGS RATES APY MIN




Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57968
Date Established 2005
Assets $ 3.84 billion
Loans $ 3.22 billion
Deposits $ 3.36 billion
Capital $ 425.42 million

Summary Balance Sheet as of June 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 94.03 million
Interest-bearing balances $ 70.35 million
Total securities $ 250.92 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.22 billion
Loan loss allowance $ 38.84 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 93.51 million
All other assets $ 132.18 million
     Total Assets $ 3.41 billion

LIABILITIES
Total deposits $ 3.36 billion
      Interest-bearing deposits $ 2.87 billion
      Deposits held in domestic offices $ 3.36 billion
      % insured (estimated)" 79.79%
Federal funds purchased and repurchase agreements $ 4.37 million
Trading liabilities N.A.
Other borrowed funds $ 25.00 million
Subordinated debt N.A.
All other liabilities $ 23.72 millionn
      Total Liabilities $ 3.41 billion
      Shareholders’ Equity $ 425.42 million

Summary Income Statement as of June 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 95.56 million
Total Interest Expense $ 40.51 million
Net interest income $ 55.05 million
Provision for loan and lease losses $ 2.77 million
Total non interest income $ 18.00 million
Total non interest expense $ 58.97 million
Pre-tax Net Operating Income $ 15.39 million

Customer Reviews for Primis Bank (2)

Rated 1.00 stars out of 5 - based on 2 reviews
  • Primis's online savings account is a half-baked product that isn't ready for market. They brought this live and expect their customers to be these beta testers. I'd choose something else.

  • A bank that lowers its rate a week after launching in an environment where every bank is raising cannot be trusted, ever. Customer service sucks as well. Stay far away.


Add Your Review


Rate it here →



Branches

Click on location and enter new zip number to change."
Your current location is: New York City, NY

Primis Bank Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only."

  • 1
    ONLINE SAVINGS
    Bank
    -
    $50,000
    N.A.
    3.85%
    17.04x (National Avg. - 0.23%)
    $1
    -
    SCENARIO
    Year Rate
    3.85%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,925 1,348
    2 51,925 1,999 1,399
    3 53,924 2,076 1,453
    4 56,000 2,156 1,509
    5 58,156 2,239 1,567
    6 60,395 2,325 1,628
    7 62,720 2,415 1,690
    8 65,135 2,508 1,755
    9 67,643 2,604 1,823
    10 70,247 2,705 1,893
    11 72,952 2,809 1,966
    12 75,760 2,917 2,042
    13 78,677 3,029 2,120
    14 81,706 3,146 2,202
    15 84,852 3,267 2,287
    16 88,119 3,393 2,375
    17 91,511 3,523 2,466
    18 95,034 3,659 2,561
    19 98,693 3,800 2,660
    20 102,493 3,946 2,762
    TOTAL $56,439 $39,507
  • 2
    ONLINE SAVINGS
    Bank
    -
    $50,000
    N.A.
    4.00%
    17.70x (National Avg. - 0.23%)
    $1,000
    -
    SCENARIO
    Year Rate
    4.00%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,000 1,400
    2 52,000 2,080 1,456
    3 54,080 2,163 1,514
    4 56,243 2,250 1,575
    5 58,493 2,340 1,638
    6 60,833 2,433 1,703
    7 63,266 2,531 1,771
    8 65,797 2,632 1,842
    9 68,428 2,737 1,916
    10 71,166 2,847 1,993
    11 74,012 2,960 2,072
    12 76,973 3,079 2,155
    13 80,052 3,202 2,241
    14 83,254 3,330 2,331
    15 86,584 3,463 2,424
    16 90,047 3,602 2,521
    17 93,649 3,746 2,622
    18 97,395 3,896 2,727
    19 101,291 4,052 2,836
    20 105,342 4,214 2,950
    TOTAL $59,556 $41,689