Farmers & Merchants Bank of Craig County, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Farmers and Merchants Bank of Craig County is located in the town of New Castle, in Craig County, Virginia. As the only independent full service bank in the county, Farmers & Merchants Bank of Craig County bank is dedicated to meeting the financial goals and needs of every customer on a personal, dependable basis. From its small hometown atmosphere to internet banking, its customers deserve the best and the bank is striving to make that happen.

After nearly 100 years and only 6 CEOs, The Farmers & Merchants Bank of Craig County is made up of nine board directors, twenty staff members and many dedicated customers. As the community grows and higher technology is in demand, the bank will strive to meet the needs of every individual customer.

189 Main Street
New Castle, Virginia 24127
P. O. Box 400
New Castle, Virginia 24127-0400
Telephone: 540-864-5156
Fax: 540-864-5305

Lobby Hours
Monday – Friday 9:00 - 5:00
Saturday 9:00 - 12:00

Drive – Thru Hours
Monday - Friday 7:00 - 7:00
Saturday 7:00 - 12:00