Citizens and Farmers Bank is headquartered in West Point and is the 15th largest bank in the state of Virginia. It is also the 531st largest bank in the nation. It was established in 1927 and as of December of 2019, it had grown to 643 employees at 25 locations. Citizens and Farmers Bank has an A+ health rating.
|FDIC Certificate #||10363|
|Return on Assets - YTD||1.33%|
|Return on Equity - YTD||11.83%|
|Annual Interest Income||$95.3MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$1.63B$1.52B|
|Loans||Q4 2019vs Q4 2018||$1.17B$1.07B|
|Deposits||Q4 2019vs Q4 2018||$1.29B$1.18B|
|Equity Capital||Q4 2019vs Q4 2018||$175.3MM$174.2MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$32.9MM$34.0MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$2.6MM$2.5MM|
|Real Estate Owned||Q4 2019vs Q4 2018||$1.1MM$246.00K|
Rates for Citizens and Farmers Bank are currently being reviewed.