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.
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.
| Overall | |
|---|---|
| FDIC Certificate # | 22888 |
| Year Established | 1979 |
| Employees | 57 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.24% |
| Return on Equity - YTD | 8.86% |
| Annual Interest Income | $6.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $133.4MM$135.2MM |
| Loans | Q4 2019vs Q4 2018 | $61.1MM$61.1MM |
| Deposits | Q4 2019vs Q4 2018 | $113.8MM$116.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $19.2MM$18.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.2MM$1.3MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $605.00K$1.3MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $85.00K$148.00K |
Sorry, we do not have rate data for Farmers and Miners Bank.
| 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 |