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 3,551st largest bank in the nation. It was established in 1979 and as of June of 2019, 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 - YTD1.49%
Return on Equity - YTD10.81%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$136.0MM$137.8MM
LoansQ2 2019vs Q2 2018$62.3MM$62.8MM
DepositsQ2 2019vs Q2 2018$116.1MM$119.3MM
Equity CapitalQ2 2019vs Q2 2018$19.2MM$18.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$1.3MM$1.5MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$587.00K$1.3MM
Real Estate OwnedQ2 2019vs Q2 2018$127.00K$135.00K
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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