Farmers and Miners Bank: how it compares with its peers
Against 12 VA banks with half to twice its assets, Farmers and Miners Bank's strongest measure in Q2 2026 is net interest margin (4.88% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($3.8M vs. $6.4M).
| Measure | Farmers and Miners Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.63% | 0.97% | Top third Ahead of 75% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.88% | 3.64% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.12% | 69.25% | Top third Ahead of 67% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.8M | $6.4M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 59.54% | 78.48% | Context |
What it means for lending operations
Its efficiency ratio of 61.12% is better than the 69.25% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Highlands Community Bank Covington, VA · $189M
- Movement Bank Danville, VA · $165M
- The Bank of Charlotte County Phenix, VA · $223M
- CornerStone Bank Lexington, VA · $233M
- Community Bankers' Bank Midlothian, VA · $139M
- Lee Bank and Trust Company Pennington Gap, VA · $257M
Questions about Farmers and Miners Bank
How big is Farmers and Miners Bank?
Farmers and Miners Bank, established in 1979, is headquartered in Pennington Gap, VA. It reported $193M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Farmers and Miners Bank's return on assets?
1.63% annualized in Q2 2026, against a 0.97% median for 12 VA banks with half to twice its assets, ahead of 75% of them.
What is Farmers and Miners Bank's efficiency ratio?
61.12% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 69.25%, and lower is better.
Is Farmers and Miners Bank growing its loans?
Net loans grew 6.2% over the year to Q2 2026, while deposits grew 7.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are VA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Virginia bank ranked.