Farmers & Merchants Bank of Craig County
New Castle, VA
IDRSSD: 804422
Total Assets
$90.66M
Latest filing
Total Deposits
$74.90M
Latest filing
Net Interest Margin
3.54%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Farmers & Merchants Bank of Craig County
189 Main St
New Castle, VA 24127
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/02/1917FDIC Certificate 6381
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Farmers & Merchants Bank of Craig County (Main) | 189 Main St | New Castle, VA | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 05/02/1917 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 24127 |
| State and County Number | 51045 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Roanoke, VA |
Operational Info
| Number of Employees | 15 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fmbankcraig.com |
| Data Updated | 11/14/2025 |
| CERT | 9986 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $90.66M |
| Total Deposits | $74.90M |
| Total Liabilities | $75.29M |
| Total Equity Capital | $15.37M |
| Net Income | $248.00k |
| Net Loans and Leases | $57.28M |
| Assets Per Employee ($Millions) | $6.04M |
| Bank Premises and Fixed Assets | $1.60M |
| Cash and Balances due from Depository Institutions | $2.82M |
| Deposits Held in Domestic Offices | $74.90M |
Key Performance Ratios
| Return on Assets (ROA) | 1.09% |
| Return on Equity (ROE) | 6.51% |
| Net Interest Margin | 3.54% |
| Efficiency Ratio | 60.07% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.07% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 16.949% |
| Earning Assets to total Assets | 95.2% |
Income and Expense
| Total Interest Income | $1.03M |
| Total Noninterest Income | $51.00k |
| Total Interest Expense | $270.00k |
| Total Noninterest Expense | $489.00k |
| Net Interest Income | $763.00k |
| Pre-tax Net Operating Income | $308.00k |
| Provision for Credit Losses | $17.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $36.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $192.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $397.00k |
| Total Liabilities and Capital | $90.66M |
Securities
| Securities | $28.06M |
| Available-for-sale debt securities | $0 |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $28.06M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Farmers & Merchants Bank of Craig County?
$90.66M as of the latest filing.
How much are Farmers & Merchants Bank of Craig County's total deposits?
$74.90M in total deposits.
Where is Farmers & Merchants Bank of Craig County located?
New Castle, VA.
What is the Net Interest Margin?
3.54%.
How many domestic offices does it operate?
1.
When was it established?
05/02/1917.
What is the Return on Assets (ROA)?
1.09%.
How much are total loans and leases?
$57.28M (latest filing).
What is the total interest income (latest filing)?
$1.03M.