West Virginia’s largest commercial real estate bank lenders vary widely in portfolio size and composition. The ranked banks hold $16.5 billion in total CRE loans, including $2.5 billion in construction and land loans, $2.4 billion in multifamily loans, $4.3 billion in owner occupied loans and $7.4 billion in investor nonfarm nonresidential loans. BestCRE ranks banks by total commercial real estate loans using FDIC Call Reports, formally Reports of Condition and Income, schedule RC-C, as of June 30, 2026. The ranking covers banks headquartered in West Virginia, so it measures institutionwide portfolios rather than loans made only within the state.
The ranking is a starting point for a financing search, not a statement that every bank will pursue every property or borrower. A large CRE book can indicate appetite and capacity to hold commercial mortgages, while portfolio mix shows the property and transaction categories in which a bank is most active. Year over year growth identifies banks adding CRE balances, and concentration can indicate where underwriting may be selective. Bank lending remains relationship driven and local. Borrowers should use the figures to develop a focused call list, then compare bank interest with debt funds, life companies, CMBS, agency and SBA lenders that do not appear in FDIC bank call reports.
West Virginia banks ranked by total CRE loans
| Rank | Bank | Headquarters | Total CRE loans ($M) | Construction and land ($M) | Multifamily ($M) | Owner occupied ($M) | Change, 1 year | CRE share of loans |
|---|---|---|---|---|---|---|---|---|
| 1 | WesBanco Bank, Inc. | Wheeling, WV | $10,779 | $1,690 | $1,739 | $3,047 | +3.8% | 55.2% |
| 2 | City National Bank of West Virginia | Charleston, WV | $1,607 | $54.7 | $233 | $237 | +4.2% | 35.7% |
| 3 | MVB Bank, Inc | Fairmont, WV | $1,302 | $197 | $72.0 | $214 | +10.8% | 52.6% |
| 4 | Potomac Bank | Charles Town, WV | $421 | $41.6 | $38.9 | $122 | +4.5% | 54.3% |
| 5 | Clear Mountain Bank | Bruceton Mills, WV | $274 | $69.3 | $35.5 | $98.2 | +9.4% | 35.8% |
| 6 | Pendleton Community Bank, Inc. | Franklin, WV | $213 | $51.3 | $27.7 | $52.0 | +1.8% | 29.9% |
| 7 | CNB Bank, Inc. | Berkeley Springs, WV | $207 | $53.7 | $13.5 | $58.6 | +16.3% | 35.5% |
| 8 | Putnam County Bank | Hurricane, WV | $180 | $40.1 | $25.5 | $43.1 | +5.7% | 40.0% |
| 9 | MCNB Bank and Trust Co. | Welch, WV | $160 | $4.9 | $24.7 | $16.9 | -1.1% | 62.9% |
| 10 | Citizens Bank of West Virginia, Inc. | Elkins, WV | $150 | $7.7 | $6.1 | $80.7 | +62.0% | 24.6% |
| 11 | Freedom Bank, Inc. | Belington, WV | $145 | $16.9 | $16.8 | $22.6 | +361.4% | 46.5% |
| 12 | Highlands Bank | Petersburg, WV | $144 | $28.8 | $9.4 | $83.7 | -0.2% | 46.4% |
| 13 | Jefferson Security Bank | Shepherdstown, WV | $136 | $31.9 | $24.6 | $25.1 | +6.1% | 32.7% |
| 14 | The Poca Valley Bank, Inc. | Walton, WV | $105 | $28.8 | $11.1 | $20.2 | +4.7% | 20.8% |
| 15 | First Exchange Bank | White Hall, WV | $89.3 | $6.2 | $23.8 | $36.2 | -3.0% | 30.3% |
| 16 | The Citizens Bank of Weston | Weston, WV | $86.1 | $8.1 | $13.3 | $27.0 | +3.7% | 39.5% |
| 17 | The Bank of Romney | Romney, WV | $82.1 | $52.9 | $4.8 | $11.0 | +5.7% | 30.5% |
| 18 | West Union Bank | West Union, WV | $73.8 | $2.9 | $34.3 | $13.0 | +15.0% | 47.4% |
| 19 | Community Bank of Parkersburg | Parkersburg, WV | $65.8 | $8.9 | $8.9 | $18.6 | +3.1% | 24.5% |
| 20 | Guaranty Bank Inc. | Williamson, WV | $64.5 | $7.9 | $5.5 | $12.3 | +2.9% | 55.0% |
| 21 | Capon Valley Bank | Wardensville, WV | $61.5 | $28.3 | $0.0 | $17.5 | +29.2% | 34.5% |
| 22 | Mountain Valley Bank, N.A. | Elkins, WV | $51.3 | $3.8 | $12.8 | $23.0 | +6.2% | 39.8% |
| 23 | The Bank of Monroe | Union, WV | $50.2 | $6.8 | $0.0 | $5.2 | +12.1% | 32.0% |
| 24 | FNB Bank, Inc. | Romney, WV | $49.2 | $5.0 | $3.0 | $23.9 | +9.1% | 23.4% |
| 25 | Williamstown Bank, Inc. | Williamstown, WV | $49.1 | $7.6 | $8.9 | $23.2 | -4.4% | 26.0% |
Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record. Table shows the top 25 of 40 banks headquartered in West Virginia.
WesBanco Bank, Inc. is the clear portfolio leader with $10.8 billion in CRE loans, including $4.3 billion in investor nonfarm nonresidential loans and $3.0 billion in owner occupied loans. City National Bank of West Virginia ranks second at $1.6 billion, while MVB Bank, Inc. ranks third at $1.3 billion and reports +10.8% year over year growth. Growth varies considerably farther down the table. Freedom Bank, Inc. reports +361.4%, Citizens Bank of West Virginia, Inc. reports +62.0%, and CNB Bank, Inc. reports +16.3%. Portfolio concentration also differs. MCNB Bank and Trust Co. has CRE equal to 62.9% of total loans and an investor CRE to equity ratio of 3.40x. MVB Bank, Inc. reports 3.27x, while Citizens Bank of West Virginia, Inc. reports 0.88x, a low ratio relative to other ranked banks.
Out of state banks with branches in West Virginia
| Bank | Headquarters state | Branches in West Virginia | Deposits in West Virginia ($M) | Total CRE loans, all states ($M) |
|---|---|---|---|---|
| United Bank | Virginia | 48 | $6,979 | $14,204 |
| Truist Bank | North Carolina | 42 | $6,019 | $51,018 |
| The Huntington National Bank | Ohio | 26 | $2,763 | $37,932 |
| JPMorgan Chase Bank, N.A. | Ohio | 17 | $2,309 | $179,847 |
| Burke & Herbert Bank & Trust Company | Virginia | 32 | $2,288 | $5,504 |
| Peoples Bank | Ohio | 26 | $1,478 | $2,429 |
| First Community Bank | Virginia | 28 | $1,416 | $1,138 |
| Main Street Bank Corp. | Ohio | 4 | $576 | $446 |
| First United Bank & Trust | Maryland | 8 | $472 | $717 |
| Community Trust Bank, Inc. | Kentucky | 6 | $358 | $1,886 |
| Fifth Third Bank, N.A. | Ohio | 5 | $357 | $33,581 |
| The Ohio Valley Bank Company | Ohio | 5 | $353 | $481 |
Source: FDIC Summary of Deposits 2026. Deposits and branches are for West Virginia only; CRE loans are bank wide.
Portfolio size provides a practical starting point for a loan search
Borrowers can begin with total CRE loans because portfolio size indicates demonstrated appetite and potential hold capacity. WesBanco Bank, Inc., with $10.8 billion in CRE loans, may belong on a different call list from Williamstown Bank, Inc., with $49.1 million. Size alone does not establish fit, however. A borrower should compare the relevant loan category, recent growth and portfolio concentration before contacting a bank. Headquarters also matters because the table ranks West Virginia headquartered institutions and reports each bank’s total portfolio across all states, not only loans secured by property in West Virginia.
The strongest call list combines scale with evidence of activity in the needed category. A construction borrower can review construction and land balances, while an apartment borrower can focus on multifamily balances. Positive year over year change shows that a bank added CRE loans, though it does not establish the type, location or terms of new originations. Concentration supplies another screening measure because a bank with substantial CRE exposure may be selective about additional loans. After screening, borrowers still need direct conversations about property, sponsorship, relationship requirements and current credit interest.
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The largest portfolios contain different mixes. WesBanco Bank, Inc. reports $1.7 billion in construction and land loans, $1.7 billion in multifamily loans, $3.0 billion in owner occupied loans and $4.3 billion in investor nonfarm nonresidential loans. City National Bank of West Virginia is weighted toward investor nonfarm nonresidential loans at $1.1 billion, compared with $237.1 million in owner occupied loans and $232.6 million in multifamily loans. MVB Bank, Inc. also has a substantial investor nonfarm nonresidential balance of $819.2 million within its $1.3 billion CRE portfolio.
Concentration measures add context to those balances. CRE represents 55.2% of total loans at WesBanco Bank, Inc., 52.6% at MVB Bank, Inc. and 54.3% at Potomac Bank. Investor CRE to equity is 3.40x at MCNB Bank and Trust Co., 3.27x at MVB Bank, Inc. and 3.13x at Potomac Bank, all high relative to many banks in the table. By comparison, Citizens Bank of West Virginia, Inc. reports 0.88x and FNB Bank, Inc. reports 0.97x. These figures describe portfolio exposure, not current approval standards.
Local branches and nonbank lenders broaden the financing search
Banks headquartered outside West Virginia also serve the state through local branches, but they are not included in the headquarters based ranking. The FDIC Summary of Deposits 2026 shows United Bank with 48 West Virginia branches and $7.0 billion in state deposits. Truist Bank has 42 branches and $6.0 billion in deposits, while The Huntington National Bank has 26 branches and $2.8 billion. Their institutionwide CRE portfolios are $14.2 billion, $51.0 billion and $37.9 billion, respectively. These figures can help borrowers identify additional banks with a local presence.
Other branch based options include JPMorgan Chase Bank, N.A., with 17 branches and $2.3 billion in West Virginia deposits, and Burke & Herbert Bank & Trust Company, with 32 branches and $2.3 billion. Borrowers can also compare debt funds, life companies, CMBS, agency and SBA lenders. Those nonbank sources do not file bank call reports and therefore do not appear in this ranking. Comparing several lender types can clarify which sources are active for a particular property and transaction, while conversations with local bank teams can establish whether the opportunity fits current relationship and portfolio considerations.
Frequently Asked Questions
Which bank is the largest commercial real estate lender headquartered in West Virginia?
WesBanco Bank, Inc. ranks first with $10.8 billion in total commercial real estate loans as of June 30, 2026. Its portfolio includes $1.7 billion in construction and land loans, $1.7 billion in multifamily loans, $3.0 billion in owner occupied loans and $4.3 billion in investor nonfarm nonresidential loans. CRE represents 55.2% of its total loans, and its investor CRE to equity ratio is 1.83x. WesBanco also ranks 45 nationally among the 4,167 banks covered by the FDIC Call Report comparison.
How current is BestCRE’s West Virginia bank lender ranking?
The portfolio figures come from FDIC Call Reports as of June 30, 2026. These regulatory filings report each bank’s balance sheet loans by major category, including construction and land, multifamily, owner occupied and investor nonfarm nonresidential loans. Local branch and deposit figures come from the FDIC Summary of Deposits 2026. The benchmark rates are dated Oct 26, 2026: the Prime rate is 7.00%, SOFR is 3.89%, the 5 year Treasury is 4.78%, the 10 year Treasury is 4.96%, and Fed funds is 3.88%.
Which West Virginia banks reported the fastest CRE loan growth?
Freedom Bank, Inc. reports the largest year over year change in the table at +361.4%, bringing total CRE loans to $145.4 million. Citizens Bank of West Virginia, Inc. follows at +62.0% with a $150.2 million CRE portfolio. Capon Valley Bank reports +29.2%, CNB Bank, Inc. reports +16.3%, and West Union Bank reports +15.0%. These changes show movement in total reported CRE balances. They do not identify the properties, markets or transaction types behind that movement, so borrowers should treat growth as a screening signal rather than evidence of current credit availability.
How concentrated is commercial real estate lending among West Virginia banks?
West Virginia has 40 headquartered banks with $16.9 billion in total CRE loans, and the top five account for 85.3% of that amount. State headquartered bank CRE balances increased +5.7% year over year. At the institution level, concentration varies substantially. MCNB Bank and Trust Co. reports CRE equal to 62.9% of total loans, compared with 20.8% at The Poca Valley Bank, Inc. The statewide and bank level measures describe different things: one shows how balances are distributed among institutions, while the other shows CRE’s importance within an individual bank’s loan portfolio.
What does investor CRE to equity mean when comparing banks?
Investor CRE to equity compares investor commercial real estate loans with total equity capital. Investor CRE includes construction, multifamily and non owner occupied nonfarm loans. A higher ratio indicates greater exposure relative to capital and can signal that a bank will be selective, though it does not determine whether a particular loan will be considered. MCNB Bank and Trust Co. reports 3.40x, MVB Bank, Inc. reports 3.27x, and Potomac Bank reports 3.13x. Lower ratios in the table include 0.88x at Citizens Bank of West Virginia, Inc. and 0.97x at FNB Bank, Inc.
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BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.