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Overview / Commentary
41526 West Morgan Avenue
Pennington Gap, VA 24277

Farmers and Miners Bank is headquartered in Pennington Gap and is the 69th largest bank in the state of Virginia. It is also the 3,693rd largest bank in the nation. It was established in 1979 and as of December of 2017, it had grown to 60 employees at 6 locations. Farmers and Miners Bank has an A health rating.

Reviews (1)

Good Bank with local owners

Posted by: Lolatechol | Mar 4, 2018

It is a local bank that has local ties to the area. We have local people running the bank and can actually drive to the main branch and talk to the people in charge in case its a bad situation.


Health Grade Components

FDIC Certificate #22888
Year Established1979
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD5.24%
Annual Interest Income$6.1MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$135.7MM$135.4MM
LoansQ4 2017vs Q4 2016$64.7MM$63.2MM
DepositsQ4 2017vs Q4 2016$117.5MM$117.4MM
Equity CapitalQ4 2017vs Q4 2016$17.8MM$17.6MM
Loan Loss AllowanceQ4 2017vs Q4 2016$1.5MM$1.6MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$1.2MM$1.7MM
Real Estate OwnedQ4 2017vs Q4 2016$187.00K$273.00K

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Farmers and Miners Bank Locations
Cumberland Gap Branch248 Station Creek RoadEwing, VA 24248
Weber City Branch2944 US Hwy 23 NorthWeber City, VA 24290
Wise County Branch331 East Main StreetWise, VA 24293
Farmers and Miners Bank41526 West Morgan AvenuePennington Gap, VA 24277
West Clintwood Branch5283 Dickenson HighwayClintwood, VA 24228
Rose Hill Branch6489 Dr. Thomas Walker RdRose Hill, VA 24281