OTCPK:FBPA

Stock Analysis Report

Farmers Bank of Appomattox

Executive Summary

The Farmers Bank of Appomattox provides personal and business banking products.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.

Risks

  • Farmers Bank of Appomattox is not covered by any analysts.

Share Price & News

How has Farmers Bank of Appomattox's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

OTCPK:FBPA

-1.8%

US Banks

-1.6%

US Market


1 Year Return

n/a

OTCPK:FBPA

-16.1%

US Banks

-3.0%

US Market

No trading data on FBPA.

No trading data on FBPA.


Share holder returns

FBPAIndustryMarket
7 Day0.2%-1.8%-1.6%
30 Day6.7%-10.6%-5.8%
90 Day3.6%-5.0%0.2%
1 Yearn/a-13.7%-16.1%-0.8%-3.0%
3 Year56.2%42.8%37.9%28.5%38.0%29.1%
5 Year100.0%69.4%49.4%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is Farmers Bank of Appomattox's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Farmers Bank of Appomattox undervalued based on future cash flows and its price relative to the stock market?

9%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Farmers Bank of Appomattox's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Farmers Bank of Appomattox's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Farmers Bank of Appomattox is overvalued based on earnings compared to the US Banks industry average.

Farmers Bank of Appomattox is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Farmers Bank of Appomattox, we can't assess if its growth is good value.


Price Based on Value of Assets

Farmers Bank of Appomattox is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Farmers Bank of Appomattox expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Farmers Bank of Appomattox is high growth as no revenue estimate data is available.

Farmers Bank of Appomattox's earnings are expected to grow by 9% yearly, however this is not considered high growth (20% yearly).

Unable to compare Farmers Bank of Appomattox's revenue growth to the United States of America market average as no estimate data is available.

Farmers Bank of Appomattox's earnings growth is positive but not above the United States of America market average.

Farmers Bank of Appomattox's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Farmers Bank of Appomattox will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Farmers Bank of Appomattox performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Farmers Bank of Appomattox's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Farmers Bank of Appomattox's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Farmers Bank of Appomattox's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Farmers Bank of Appomattox has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Farmers Bank of Appomattox used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Farmers Bank of Appomattox improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Farmers Bank of Appomattox's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Farmers Bank of Appomattox has an acceptable proportion of non-loan assets held.

Farmers Bank of Appomattox has a sufficient allowance for bad loans.

Farmers Bank of Appomattox's liabilities are made up of primarily low risk sources of funding.

Farmers Bank of Appomattox's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Farmers Bank of Appomattox are broadly funded by customer deposits.

Farmers Bank of Appomattox has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Farmers Bank of Appomattox's current dividend yield, its reliability and sustainability?

3.05%

Current Dividend Yield


Dividend Yield and Payments Analysis

Farmers Bank of Appomattox's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Farmers Bank of Appomattox's dividend is below the markets top 25% of dividend payers in United States of America (3.82%).

Whilst dividend payments have been stable, Farmers Bank of Appomattox has been paying a dividend for less than 10 years.

Dividend payments have increased, but Farmers Bank of Appomattox only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Farmers Bank of Appomattox's salary, the management and board of directors tenure and is there insider trading?

11.6yrs

Average management tenure


CEO

John Caldwell (52yo)

10.6yrs

Tenure

US$186,102

Compensation

Mr. John R. Caldwell serves as the President, Chief Executive Officer and Director of Farmers Bank of Appomattox (the "Bank") since January 1, 2009. Mr. Caldwell served as Executive Vice President, Chief O ...


Management Age and Tenure

11.6yrs

Average Tenure

53.5yo

Average Age

The average tenure for the Farmers Bank of Appomattox management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

9.4yrs

Average Tenure

54yo

Average Age

The tenure for the Farmers Bank of Appomattox board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Management Team

  • John Caldwell (52yo)

    President

    • Tenure: 10.6yrs
    • Compensation: US$186.10k
  • Bo Drinkard (51yo)

    Senior VP & Chief Lending Officer

    • Tenure: 12.6yrs
  • Jane Kelly (60yo)

    Senior VP

    • Tenure: 10.6yrs
  • Dawn Tolley (55yo)

    Executive VP & CFO

    • Tenure: 12.6yrs
  • Betty Craft

    First VP

    • Tenure: 0.0yrs
  • Sandra Clapp

    VP & Accounting Officer II

    • Tenure: 0.0yrs
  • Kenneth Shorter

    First VP & Chief Information Technology Officer

    • Tenure: 0.0yrs
  • Leila Paulette

    First VP & Chief Compliance Officer

    • Tenure: 0.0yrs

Board Members

  • John Caldwell (52yo)

    President

    • Tenure: 10.6yrs
    • Compensation: US$186.10k
  • Laurie Harris (54yo)

    Vice Chairman

    • Tenure: 0.0yrs
    • Compensation: US$8.30k
  • Benjamin Johnson (59yo)

    Director

    • Tenure: 9.4yrs
    • Compensation: US$7.00k
  • R. Robinson (51yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: US$7.20k
  • Luther Thomas (63yo)

    Director

    • Tenure: 16.6yrs
    • Compensation: US$8.20k
  • Douglas Webb (60yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: US$8.10k
  • Alfred Jones (62yo)

    Director

    • Tenure: 5.6yrs
  • Alison Gobble (35yo)

    Director

    • Tenure: 4.5yrs
  • Christopher Dillon (44yo)

    Director

    • Tenure: 2.6yrs

Company Information

The Farmers Bank of Appomattox's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Farmers Bank of Appomattox
  • Ticker: FBPA
  • Exchange: OTCPK
  • Founded:
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$30.948m
  • Shares outstanding: 1.08m
  • Website: https://www.thefarmersbankva.com

Number of Employees


Location

  • The Farmers Bank of Appomattox
  • 223 Main Street
  • Appomattox
  • Virginia
  • 24522
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FBPAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2003

Biography

The Farmers Bank of Appomattox provides personal and business banking products. Its deposit products include checking and savings accounts, individual retirement accounts, and certificates of deposit. The  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 23:52
End of Day Share Price2019/08/21 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.