Farmers Bank (VA)

Overview / Commentary
50 East Windsor Boulevard
Windsor, VA 23487

Farmers Bank (VA) is headquartered in Windsor and is the 40th largest bank in the state of Virginia. It is also the 1,487th largest bank in the nation. It was established in 1919 and as of September of 2021, it had grown to 111 employees at 8 locations. Farmers Bank (VA) has an A+ health rating.


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Health Grade Components

FDIC Certificate #2429
Year Established1919
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.71%
Return on Equity - YTD13.96%
Annual Interest Income$13.0MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$606.8MM$536.9MM
LoansQ3 2021vs Q3 2020$239.9MM$283.9MM
DepositsQ3 2021vs Q3 2020$518.3MM$436.6MM
Equity CapitalQ3 2021vs Q3 2020$72.4MM$68.2MM
Loan Loss AllowanceQ3 2021vs Q3 2020$6.1MM$6.4MM
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$1.1MM$290.00K
Real Estate OwnedQ3 2021vs Q3 2020$147.00K$672.00K

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Farmers Bank (VA) Locations
Lakeside Branch1008 West Washington StreetSuffolk, VA 23434
Smithfield Branch1119 South Church StreetSmithfield, VA 23430
Courtland Branch28319 Southampton Parkway Suite DCourtland, VA 23837
Hillpoint Branch3100 Godwin BlvdSuffolk, VA 23434
Farmers Bank50 East Windsor BoulevardWindsor, VA 23487
College Drive Branch6255 College Drive, Suite LSuffolk, VA 23435
Chespeake Branch821 N. Battlefield BlvdChesapeake, VA 23320
Pungo Branch1776 Princess Anne Road Unit SVirginia Beach, VA 23456

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