Citizens and Farmers Bank
Citizens and Farmers Bank reported total assets of $2.8 bn at Q2 2026, up 4.7% on a year earlier, the 455th largest of 497 banks in our US coverage. The CET1 capital ratio at Citizens and Farmers Bank was 13.54%, and the uninsured share of Citizens and Farmers Bank was 30.51%. Source: FDIC Call Reports.
Key takeaways
- On return on equity (ROE), Citizens and Farmers Bank slipped from 254th to 301st among 500 US banks between and (1 = highest; FDIC Call Reports).
- Citizens and Farmers Bank reports one of the lowest noncurrent loans to total loans readings among banks of $1 bn to $10 bn: 0.09% at , where the median of the 339 banks is 0.58% (FDIC Call Reports).
- At 0.57%, the net charge-offs to average loans of Citizens and Farmers Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 0.06% (FDIC Call Reports).
What sets Citizens and Farmers Bank apart
- Since , Citizens and Farmers Bank has taken over one institution; the latest was Peoples Community Bank on .
How large is Citizens and Farmers Bank?
The balance sheet of Citizens and Farmers Bank at : assets $2.8 bn, deposits $2.4 bn, net loans $2.1 bn (loans equal to 89.03% of deposits). Securities make up 16.5% of total assets at Citizens and Farmers Bank. Since , when Citizens and Farmers Bank held $1.4 bn, its assets grew 99.0%. In the year to , deposits at Citizens and Farmers Bank rose 5.3% while its total assets rose 4.7%. At , Citizens and Farmers Bank employed 582 full-time equivalent staff across 32 offices, about $4.8 mn of assets per employee and $74.4 mn of deposits per office.
How much funding at Citizens and Farmers Bank is uninsured?
At Citizens and Farmers Bank, uninsured deposits (above the FDIC limit) made up 30.51% of domestic deposits at (+0.54 pp on a year earlier); Citizens and Farmers Bank ranks 306th of 500 on this measure. In dollars, Citizens and Farmers Bank estimated $726.4 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.4 bn | +5.3% | 445th of 499 |
| Net loans and leases | $2.1 bn | +6.2% | 420th of 500 |
| Loan-to-deposit ratio | 89.03% | +0.74 pp | 210th of 500 |
| Tier 1 leverage ratio | 11.20% | -0.06 pp | 154th of 500 |
| Total risk-based capital ratio | 14.79% | -0.04 pp | 188th of 448 |
| Net interest margin | 4.55% | +0.17 pp | 57th of 500 |
| Return on assets (ROA) | 1.27% | +0.14 pp | 270th of 500 |
| Efficiency ratio | 64.72% | -1.40 pp | 391st of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $8.4 mn | Narrowed by $16.8 mn | |
| Noncurrent loans to total loans | 0.09% | +0.00 pp | 33rd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.57% | +0.00 pp | 449th of 500 (1 = lowest) |
US rank of Citizens and Farmers Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Citizens and Farmers Bank: assets, deposits and loans
- Total assets $2.8bn
- Deposits $2.4bn
- Net loans $2.1bn
Capital and securities
The CET1 ratio of Citizens and Farmers Bank stood at 13.54% in , -0.04 pp year on year. Low and high at Citizens and Farmers Bank since : 11.98% () to 13.94% (). Equity capital of Citizens and Farmers Bank at : $325.5 mn, or 11.7% of total assets. Citizens and Farmers Bank also reported a total capital ratio of 14.79% for , and a tier 1 leverage ratio of 11.20%.
The available-for-sale portfolio of Citizens and Farmers Bank showed an unrealized loss of $8.4 mn at ; the loss narrowed by $16.8 mn over the year.
Citizens and Farmers Bank: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 11%
Citizens and Farmers Bank: unrealized securities gains and losses
- Available for sale -$8mn
- Held to maturity $0
Profitability and loan quality
For the year to , Citizens and Farmers Bank earned a return on equity of 11.04%; return on assets: 1.27%. Net interest margin at Citizens and Farmers Bank: 4.55%, +0.17 pp in a year. Citizens and Farmers Bank net income: $17.6 mn, up 20.3% year on year. The efficiency ratio of Citizens and Farmers Bank was 64.72%: about 65 cents cost per revenue dollar, against 56 cents at the median peer.
At , noncurrent loans were 0.09% of total loans at Citizens and Farmers Bank; net charge-offs: 0.57% of average loans. Gross loans and leases at Citizens and Farmers Bank: $2.2 bn, up 6.0% in a year.
Citizens and Farmers Bank: profitability
- Return on equity 11%
- Net interest margin 4.5%
- Return on assets 1.3%
Peer group of Citizens and Farmers Bank
The peer group of Citizens and Farmers Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of Citizens and Farmers Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Virginia. Against them, Citizens and Farmers Bank shows CET1 ratio 13.54% against a peer median of 14.29%, return on equity 11.04% against a peer median of 11.01% and uninsured deposit share 30.51% against a peer median of 21.12%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| State Bank of the Lakes | National bank | IL | $2.8 bn | 10.75% | 13.56% | 20.54% | |
| Bank of New Hampshire | State member bank | NH | $2.8 bn | 13.75% | 8.46% | 18.99% | |
| Orange Bank & Trust Company | State member bank | NY | $2.8 bn | 17.95% | 17.03% | 60.78% | |
| Citizens and Farmers Bank | State nonmember bank | VA | $2.8 bn | 13.54% | 11.04% | 30.51% | |
| Ion Bank | State member bank | CT | $2.8 bn | 15.75% | 7.63% | 21.70% | |
| Sunrise Banks | National bank | SD | $2.8 bn | not reported | 3.75% | 15.33% | |
| Quad City Bank and Trust Company | State member bank | IA | $2.8 bn | 14.29% | 13.89% | 50.97% | |
. FDIC Call Reports.
Last eight quarters
Two years at Citizens and Farmers Bank, to : assets +10.3%, deposits +10.9%, equity +26.1%. Staff 552 to 582.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.5 bn | $2.5 bn | $2.6 bn | $2.7 bn | $2.7 bn | $2.7 bn | $2.8 bn | $2.8 bn |
| Total deposits | $2.1 bn | $2.2 bn | $2.2 bn | $2.3 bn | $2.3 bn | $2.4 bn | $2.4 bn | $2.4 bn |
| Bank equity capital | $258.2 mn | $255.8 mn | $266.5 mn | $296.2 mn | $307.3 mn | $314.3 mn | $316.3 mn | $325.5 mn |
| CET1 ratio | 12.09% | 12.27% | 12.44% | 13.58% | 13.74% | 13.58% | 13.43% | 13.54% |
| Return on equity (ROE) | 8.55% | 9.07% | 9.28% | 10.72% | 10.79% | 10.60% | 10.01% | 11.04% |
| Uninsured share of domestic deposits | 28.31% | 29.35% | 28.96% | 29.97% | 29.76% | 30.17% | 30.94% | 30.51% |
| Full-time equivalent employees | 552 | 544 | 563 | 560 | 559 | 568 | 577 | 582 |
| Number of offices | 32 | 31 | 31 | 31 | 31 | 31 | 31 | 32 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Citizens and Farmers Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Peoples Community Bank (FDIC certificate 829).
Questions and identifiers
What were the total assets of Citizens and Farmers Bank?
Citizens and Farmers Bank reported $2.8 bn at in its Call Report. That makes Citizens and Farmers Bank the 455th largest of 497 banks in our US coverage.
Is Citizens and Farmers Bank the same as its holding company?
No. This page covers Citizens and Farmers Bank, FDIC certificate 10363; C&F FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Citizens and Farmers Bank profitable?
Citizens and Farmers Bank reported net income of $17.6 mn for the year to ; annualized return on equity: 11.04%. So yes: Citizens and Farmers Bank made a profit over these months.
When is data for Citizens and Farmers Bank next updated?
Figures from Citizens and Farmers Bank for are due after .
Where can I check the figures for Citizens and Farmers Bank?
In the FDIC BankFind Suite record for certificate 10363, and in the Call Reports of Citizens and Farmers Bank (RSSD ID 928421) at the FFIEC Central Data Repository.