Farmers and Miners Bank

Farmers and Miners Bank is headquartered in Pennington Gap and is the 90^th largest bank in the state of Virginia. It is also the 4,179^th largest bank in the nation. It was established in 1979 and as of March of 2012, it had grown to 58 employees at 6 locations. Farmers and Miners Bank has a 4-star health rating.

Farmers and Miners Bank Routing Number: 051404545

Data for Q1 2012

Institution Statistics Farmers and Miners Bank FDIC Certificate # 22888 BankRate Report View Year Established 1979 Employees 58 Primary Regulator FED Assets and Liabilities Assets $133.20 million Loans $67.73 million Deposits $116.52 million Equity Capital $16.21 million Loan Loss Allowance $2.13 million Unbacked Noncurrent Loans $2.95 million Real Estate Owned $599,000 Historic Data - March 2011 Assets $130.22 million Equity Capital $15.17 million Loan Loss Allowance $1.90 million Unbacked Noncurrent Loans $3.36 million Real Estate Owned $970,000 Profit Margin - Quarterly Net Interest Margin 5.1% Return on Assets 0.89% Return on Equity 7.21% Interest Income $1.71 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Farmers and Miners Bank had $3.55 million in non-current loans and owned real-estate with $18.33 million in equity and loan loss allowances on hand to cover it. This gives Farmers and Miners Bank a Texas Ratio of 19.35% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Farmers and Miners Bank decreased slightly from 25.39% as of March 31, 2011 to 19.35% as of March 31, 2012, resulting in a positive change of 23.78%.This indicates that the balance sheet and financial strength for Farmers and Miners Bank has improved slightly in recent periods. Deposit Growth In the past year, Farmers and Miners Bank has increased its total deposits by $1.98 million, resulting in 1.73% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Farmers and Miners Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Farmers and Miners Bank has $133.2 million in assets with $18.33 million in equity, resulting in a capitalization level of 13.76%, which is excellent.

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