Overview of Farmers Bank of Appomattox

Farmers Bank of Appomattox was established in 1918 and is among just a handful of banks in the United States that have been operating for more than a century. The bank’s main office is located in the city of Appomattox in Virginia. The bank currently has total assets of $0.3 billion, total net loans outstanding to customers of $0.2 billion and total customer deposits of $0.3 billion. In addition, the FDIC estimates that 87% of the bank’s domestic deposits are insured. The bank is a community bank and has 43% share of deposits within the city of Appomattox. It has a similar size of deposits in the state as Powell Valley National Bank. The bank currently has a total employee base of 66 people. Farmers Bank of Appomattox is also a bank that uses Zelle – this means that its customers can transfer money quickly and for free using the Zelle Network.

Other Information for Farmers Bank of Appomattox

  • Farmers Bank of Appomattox Routing Number: 051405528
  • Main Office Address: 223 Main St., Appomattox, VA 24522
  • Website: http://www.thefarmersbankva.com
  • Total Number of Branches: 5
  • Total Number of International Branches: None
  • Number of Employees: 66
  • FDIC Certificate Number: 6813
  • FDIC Community Bank: Yes
  • FDIC Field Office: Richmond
  • Independent or Subsidiary Bank: Independent
  • Federal Reserve ID Number: 188720
  • Bank Charter Class: SM
  • Primary Regulator: FED

Farmers Bank of Appomattox Financial Metrics (as of March 2022):

  • Total Assets: $0.3 billion (increase of 7.7% vs. prior year)
  • Net Loans: $0.2 billion (increase of 10.9% vs. prior year)
  • Total Deposits: $0.3 billion (increase of 10.7% vs. prior year)
  • Return on Equity: 8.6%
  • Return on Assets: 0.97%