Farmers and Miners Bank
Farmers and Miners Bank
Overview / Commentary
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
A
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 22888 |
| Year Established | 1979 |
| Employees | 56 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.97% |
| Return on Equity - YTD | 7.41% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $137.5MM$135.5MM |
| Loans | Q3 2018vs Q3 2017 | $62.2MM$62.5MM |
| Deposits | Q3 2018vs Q3 2017 | $118.6MM$116.9MM |
| Equity Capital | Q3 2018vs Q3 2017 | $18.2MM$18.1MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $1.4MM$1.6MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.3MM$891.00K |
| Real Estate Owned | Q3 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 Branch | 248 Station Creek Road | Ewing, VA 24248 |
| Weber City Branch | 2944 US Hwy 23 North | Weber City, VA 24290 |
| Wise County Branch | 331 East Main Street | Wise, VA 24293 |
| Farmers and Miners Bank | 41526 West Morgan Avenue | Pennington Gap, VA 24277 |
| West Clintwood Branch | 5283 Dickenson Highway | Clintwood, VA 24228 |
| Rose Hill Branch | 6489 Dr. Thomas Walker Rd | Rose Hill, VA 24281 |