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Last $56.80 USD
Change Today 0.00 / 0.00%
Volume 0.0
FBVA On Other Exchanges
As of 8:10 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

farmers bankshares inc (FBVA) Snapshot

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52 Week High
06/16/15 - $60.00
52 Week Low
10/22/14 - $37.75
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farmers bankshares inc (FBVA) Details

Farmers Bankshares, Inc. operates as the bank holding company of Farmers Bank that offers a range of banking services primarily in southeastern Virginia. The company’s deposit products include personal and business checking and savings accounts, and NOW accounts. Its loan portfolio comprises personal loans, such as residential lot, construction, vehicle, home improvement, debt consolidation, mortgage, and unsecured personal loans, as well as home equity loans and home equity lines of credit; commercial loans, including working capital lines of credit, equipment loans, commercial mortgage loans, real estate investment loans, and standby letters of credit; and real estate development loans comprising acquisition and development loans, construction loans, agricultural loans, and operating lines of credit. The company also provides credit card, overdraft, automatic teller machine, direct pay, online bill payment, transfer funds, loan payments, statements review, mobile and telephone banking, safe deposit box, wire transfer, check card, online cash management, and remote deposit capture services. It operates through branches located in Windsor, Smithfield, Suffolk, and Courtland, Virginia. The company was founded in 1919 and is headquartered in Windsor, Virginia.

Founded in 1919

farmers bankshares inc (FBVA) Top Compensated Officers

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farmers bankshares inc (FBVA) Key Developments

Farmers Bankshares, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Farmers Bankshares, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported earnings of $904,114 or $1.48 per share. For the six months, the company’s total interest income was $8,014,513 against $7,977,948 a year ago. Net interest income was $6,527,420 against $6,385,313 a year ago. Income before income taxes was $2,135,384 against $2,061,030 a year ago. Net income was $1,715,410 or $2.81 per share against $1,604,526 or $2.64 per share a year ago. Return on average assets on an annualized basis of 0.82% increased slightly over the first six months of 2014's results of 0.77%. Return on average equity was 8.80% as compared to 9.11% for the first half of the prior year.

Farmers Bk Windsor will Change its Name to Farmers Bankshares, Inc

Effective April 01, 2014, Farmers Bk Windsor will change its name to Farmers Bankshares, Inc.


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