The Farmers Bank of Appomattox is headquartered in APPOMATTOX and is the 41st largest bank in the state of Virginia. It is also the 2,243rd largest bank in the nation. It was established in 1918 and as of March of 2025, it had grown to 71 employees at 6 locations. The Farmers Bank of Appomattox's CD rates are 4X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 6813 |
Year Established | 1918 |
Employees | 71 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.72% |
Return on Equity - YTD | 7.47% |
Annual Interest Income | $4.3MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $358.5MM$346.7MM |
Loans | Q1 2025vs Q1 2024 | $229.5MM$216.2MM |
Deposits | Q1 2025vs Q1 2024 | $316.8MM$311.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $34.8MM$31.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.4MM$1.2MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.7MM$1.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $10 | - | Statement Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.25%* | $250k* | - | Money Market Account | ||
OTHER TIERS: 0.10% → $5k - $50k | 0.15% → $50k - $100k | 0.50% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.85% | $100k | - | 5 Year Jumbo IRA | |
2.25% | $1k | - | 5 Year Fixed Rate IRA | |
0.70% | $0 | - | IRA Savings Variable |
The Farmers Bank of Appomattox Locations | ||
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Concord Branch | 10272 Village Highway | Concord, VA 24538 |
Farmville/Longwood Plaza Branch | 1508 South Main Street | Farmville, VA 23901 |
Dillwyn Branch | 16086 North James Madison Hwy | Dillwyn, VA 23936 |
Triangle Plaza Branch | 169 Old Courthouse Road | Appomattox, VA 24522 |
The Farmers Bank Of Appomattox | 223 Main St | Appomattox, VA 24522 |