The Farmers Bank of Appomattox: how it compares with its peers
Against 16 VA banks with half to twice its assets, The Farmers Bank of Appomattox's strongest measure in Q2 2026 is net interest margin (4.16% vs. a 4.13% peer median). Its weakest relative measure is efficiency ratio (71.95% vs. 60.84%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.98% | 1.34% | Bottom third Ahead of 25% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.16% | 4.13% | Middle third Ahead of 56% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 71.95% | 60.84% | Bottom third Ahead of 13% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.0M | $6.2M | Bottom third Ahead of 25% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.37% | 79.46% | Context |
What it means for lending operations
Its efficiency ratio of 71.95% is above the 60.84% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Pioneer Bank Stanley, VA · $372M
- Legacy Bank Grundy, VA · $360M
- Locus Bank, Inc. Richmond, VA · $359M
- New Horizon Bank, National Association Powhatan, VA · $359M
- First Sentinel Bank Richlands, VA · $398M
- Lee Bank and Trust Company Pennington Gap, VA · $257M
Questions about The Farmers Bank of Appomattox
How big is The Farmers Bank of Appomattox?
The Farmers Bank of Appomattox, established in 1918, is headquartered in Appomattox, VA. It reported $375M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is The Farmers Bank of Appomattox's return on assets?
0.98% annualized in Q2 2026, against a 1.34% median for 16 VA banks with half to twice its assets, ahead of 25% of them.
What is The Farmers Bank of Appomattox's efficiency ratio?
71.95% in Q2 2026: it spent about 72 cents in noninterest expense for each dollar of revenue. The peer median is 60.84%, and lower is better.
Is The Farmers Bank of Appomattox growing its loans?
Net loans grew 9.6% over the year to Q2 2026, while deposits shrank 2.6%.
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.