Overview / Commentary
276-546-4692
41526 West Morgan Avenue
Pennington Gap, VA 24277

Farmers and Miners Bank is headquartered in Pennington Gap and is the 65th largest bank in the state of Virginia. It is also the 3,590th largest bank in the nation. It was established in 1979 and as of September of 2018, it had grown to 56 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

Health Grade Components

Overall
FDIC Certificate #22888
Year Established1979
Employees56
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD7.41%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$137.5MM$135.5MM
LoansQ3 2018vs Q3 2017$62.2MM$62.5MM
DepositsQ3 2018vs Q3 2017$118.6MM$116.9MM
Equity CapitalQ3 2018vs Q3 2017$18.2MM$18.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.4MM$1.6MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$1.3MM$891.00K
Real Estate OwnedQ3 2018vs Q3 2017$135.00K$199.00K
Rates

Sorry, we do not have rate data for Farmers and Miners Bank.

Locations


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

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