Farmers and Miners Bank

Farmers and Miners Bank


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 64th largest bank in the state of Virginia. It is also the 3,560th largest bank in the nation. It was established in 1979 and as of December of 2019, it had grown to 57 employees at 6 locations. Farmers and Miners Bank has an A health rating.

Reviews (1)

Good Bank with local owners

Posted by: |

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
Employees57
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.24%
Return on Equity - YTD8.86%
Annual Interest Income$6.9MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$133.4MM$135.2MM
LoansQ4 2019vs Q4 2018$61.1MM$61.1MM
DepositsQ4 2019vs Q4 2018$113.8MM$116.5MM
Equity CapitalQ4 2019vs Q4 2018$19.2MM$18.3MM
Loan Loss AllowanceQ4 2019vs Q4 2018$1.2MM$1.3MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$605.00K$1.3MM
Real Estate OwnedQ4 2019vs Q4 2018$85.00K$148.00K
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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