Citizens and Farmers Bank is headquartered in West Point and is the 16th largest bank in the state of Virginia. It is also the 504th largest bank in the nation. It was established in 1927 and as of September of 2021, it had grown to 655 employees at 31 locations. Citizens and Farmers Bank has an A+ health rating.
|FDIC Certificate #||10363|
|Return on Assets - YTD||1.55%|
|Return on Equity - YTD||14.62%|
|Annual Interest Income||$70.7MM|
|Assets and Liabilities|
|Assets||Q3 2021vs Q3 2020||$2.18B$2.04B|
|Loans||Q3 2021vs Q3 2020||$1.46B$1.57B|
|Deposits||Q3 2021vs Q3 2020||$1.87B$1.68B|
|Equity Capital||Q3 2021vs Q3 2020||$231.9MM$213.3MM|
|Loan Loss Allowance||Q3 2021vs Q3 2020||$39.4MM$38.9MM|
|Unbacked Noncurrent Loans||Q3 2021vs Q3 2020||$3.0MM$1.7MM|
|Real Estate Owned||Q3 2021vs Q3 2020||$857.00K$1.1MM|
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