The Farmers Bank of Appomattox

OTCQB:FBPA USA Banks - Regional
Market Cap
$25.47 Million
Market Cap Rank
#24653 Global
#8487 in USA
Share Price
$23.50
Change (1 day)
+0.00%
52-Week Range
$23.12 - $23.50
All Time High
$43.29
About

The Farmers Bank of Appomattox, together with its subsidiary Farmers Bank Financial Services, Inc., provides various personal and business banking products and services. The company accepts deposit products, including personal and commercial checking accounts, savings accounts, individual retirement accounts, and certificates of deposit. Its loan portfolio includes mortgage, auto, personal, agric… Read more

The Farmers Bank of Appomattox (FBPA) - Net Assets

Latest net assets as of September 2025: $37.32 Million USD

Based on the latest financial reports, The Farmers Bank of Appomattox (FBPA) has net assets worth $37.32 Million USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($358.10 Million) and total liabilities ($320.78 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $37.32 Million
% of Total Assets 10.42%
Annual Growth Rate 3.03%
5-Year Change -6.11%
10-Year Change 21.84%
Growth Volatility 10.24

The Farmers Bank of Appomattox - Net Assets Trend (2013–2024)

This chart illustrates how The Farmers Bank of Appomattox's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for The Farmers Bank of Appomattox (2013–2024)

The table below shows the annual net assets of The Farmers Bank of Appomattox from 2013 to 2024.

Year Net Assets Change
2024-12-31 $34.01 Million +4.22%
2023-12-31 $32.63 Million +17.40%
2022-12-31 $27.80 Million -26.42%
2021-12-31 $37.78 Million +4.30%
2020-12-31 $36.23 Million +7.82%
2019-12-31 $33.60 Million +7.25%
2018-12-31 $31.33 Million +2.86%
2017-12-31 $30.46 Million +4.16%
2016-12-31 $29.24 Million +4.75%
2015-12-31 $27.91 Million +4.89%
2014-12-31 $26.61 Million +8.61%
2013-12-31 $24.50 Million --

Equity Component Analysis

This analysis shows how different components contribute to The Farmers Bank of Appomattox's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 81.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $40.43 Million 118.86%
Total Equity $34.01 Million 100.00%

The Farmers Bank of Appomattox Competitors by Market Cap

The table below lists competitors of The Farmers Bank of Appomattox ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in The Farmers Bank of Appomattox's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 32,634,000 to 34,011,000, a change of 1,377,000 (4.2%).
  • Net income of 2,714,000 contributed positively to equity growth.
  • Dividend payments of 1,083,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $2.71 Million +7.98%
Dividends Paid $1.08 Million -3.18%
Other Changes $-254.00K -0.75%
Total Change $- 4.22%

Book Value vs Market Value Analysis

This analysis compares The Farmers Bank of Appomattox's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.75x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-12-31 $0.00 $23.50 x
2016-12-31 $0.00 $23.50 x
2017-12-31 $28.11 $23.50 x
2018-12-31 $28.91 $23.50 x
2019-12-31 $31.00 $23.50 x
2020-12-31 $33.43 $23.50 x
2021-12-31 $34.86 $23.50 x
2022-12-31 $25.65 $23.50 x
2023-12-31 $30.11 $23.50 x
2024-12-31 $31.39 $23.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently The Farmers Bank of Appomattox utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 7.98%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 21.64%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 10.35x
  • Recent ROE (7.98%) is below the historical average (8.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 8.24% 24.35% 0.04x 8.22x $-432.20K
2014 7.57% 24.72% 0.04x 8.04x $-646.20K
2015 7.97% 25.63% 0.04x 7.98x $-565.40K
2016 8.81% 26.46% 0.04x 7.99x $-349.00K
2017 7.77% 24.69% 0.04x 7.82x $-678.70K
2018 7.40% 23.64% 0.04x 7.34x $-815.70K
2019 7.71% 26.60% 0.04x 7.02x $-769.80K
2020 7.32% 26.91% 0.04x 7.57x $-970.50K
2021 8.76% 30.20% 0.03x 8.44x $-467.10K
2022 11.54% 27.90% 0.04x 11.38x $428.20K
2023 8.87% 24.94% 0.03x 10.58x $-367.40K
2024 7.98% 21.64% 0.04x 10.35x $-687.10K

Industry Comparison

This section compares The Farmers Bank of Appomattox's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $25,670,820,700
  • Average return on equity (ROE) among peers: 9.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
The Farmers Bank of Appomattox (FBPA) $37.32 Million 8.24% 8.60x $23.97 Million
Ameris Bancorp (ABCB) $120.94 Million 10.83% 9.48x $4.91 Billion
ACNB Corporation (ACNB) $2.75 Billion 1.01% 0.01x $462.57 Million
Addiko Bank AG (ADBKF) $839.50 Million 5.41% 6.63x $210.07 Million
Affinity Bancshares Inc (AFBI) $120.97 Million 6.26% 5.51x $79.94 Million
Absa Group Limited (AGRPF) $19.52 Billion 23.08% 14.72x $6.72 Billion
AIB Group plc (AIBGY) $14.46 Billion -16.17% 8.45x $21.72 Billion
Akbank Turk Anonim Sirketi (AKBTY) $211.22 Billion 31.48% 8.02x $8.60 Billion
Alpha Bank SA (ALBKY) $7.32 Billion 8.44% 8.89x $1.12 Billion
Community Capital Bancshares Inc (ALBY) $9.19 Million 7.09% 8.66x $19.76 Million
Alpine Banks of Colorado (ALPIB) $342.89 Million 16.92% 10.27x $248.47 Million