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BankHealth

FARMERS BANK OF APPOMATTOX

APPOMATTOX, VIRGINIA · FDIC Cert #6813

A
Health Score
91/100
$344M
Total Assets
$308M
Total Deposits
19.20%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FARMERS BANK OF APPOMATTOX holds a Tier 1 capital ratio of 19.20%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FARMERS BANK OF APPOMATTOX has a strong buffer to absorb potential losses.

Key Financial Metrics

0.70%
Nonperforming Loans
Low — healthy loan portfolio
30.95%
Liquidity Ratio
Strong — can meet withdrawal demands
0.84%
Return on Assets
Low profitability
$308M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FARMERS BANK OF APPOMATTOX shows strong financial health indicators. With $344M in assets and a Health Score of 91/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

FARMERS BANK OF APPOMATTOX has a Bank Health Score of A (91/100). It holds a Tier 1 capital ratio of 19.20%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

FARMERS BANK OF APPOMATTOX holds $344M in total assets and $308M in total deposits. It is located in APPOMATTOX, VIRGINIA (FDIC Certificate #6813).

FARMERS BANK OF APPOMATTOX has a Tier 1 capital ratio of 19.20%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.70%, and the return on assets is 0.84%.

Yes. FARMERS BANK OF APPOMATTOX is FDIC-insured (Certificate #6813). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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