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Fauquier Bankshares (Fauquier Bankshares) Net Interest Margin (Bank Only) % : 3.78% (As of Dec. 2020)


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What is Fauquier Bankshares Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Fauquier Bankshares's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2020 was $26.70 Mil. Fauquier Bankshares's average earning assets for the quarter that ended in Dec. 2020 was $706.51 Mil. Therefore, Fauquier Bankshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2020 was 3.78%.


Fauquier Bankshares Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Fauquier Bankshares's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fauquier Bankshares Net Interest Margin (Bank Only) % Chart

Fauquier Bankshares Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 3.95 3.92 3.93 3.87

Fauquier Bankshares Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 3.90 3.81 3.57 3.78

Competitive Comparison of Fauquier Bankshares's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Fauquier Bankshares's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fauquier Bankshares's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fauquier Bankshares's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Fauquier Bankshares's Net Interest Margin (Bank Only) % falls into.



Fauquier Bankshares Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Fauquier Bankshares's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2020 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2019 ) + Earning Assets (A: Dec. 2020 ))/ count )
=25.606/( (627.059 + 694.95)/ 2 )
=25.606/661.0045
=3.87 %

where

Earning Assets(A: Dec. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=2.03 + 545.246 + 79.783
=627.059

Earning Assets(A: Dec. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=1.848 + 610.254 + 82.848
=694.95

Fauquier Bankshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2020 ) + Earning Assets (Q: Dec. 2020 ))/ count )
=26.7/( (718.075 + 694.95)/ 2 )
=26.7/706.5125
=3.78 %

where

Earning Assets(Q: Sep. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=1.848 + 631.637 + 84.59
=718.075

Earning Assets(Q: Dec. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=1.848 + 610.254 + 82.848
=694.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2020) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Fauquier Bankshares  (NAS:FBSS) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Fauquier Bankshares Net Interest Margin (Bank Only) % Related Terms

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Fauquier Bankshares (Fauquier Bankshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 Courthouse Square, Warrenton, VA, USA, 20186
Fauquier Bankshares Inc is a bank holding company. The bank provides a range of consumer and commercial banking services to individuals, businesses, and industries. Its basic services offered by the bank include interest and non-interest-bearing demand deposit accounts, money market deposit accounts, negotiable order of withdrawal accounts, time deposits, amongst others. The company also makes secured and unsecured commercial and real estate loans, issues standby letters of credit and grants available credit for installment, unsecured and secured personal loans, residential mortgages and home equity loans, as well as automobile and other types of consumer financing.
Executives
Brian Stuart Montgomery director 10 COURTHOUSE SQ WARRENTON VA 20186
Randolph Tucker Minter director 10 COURTHOUSE SQ WARRENTON VA 20186
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Christine Edwards Headly officer: EVP & Chief Financial Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
P Kurtis Rodgers director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Donna D Flory director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Chip S Register officer: EVP & Chief Operating Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
T. Michael York officer: Chief Operating Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
Eric Peter Graap other: Former CFO & Director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Randy Kent Ferrell director, officer: President and CEO 10 COURTHOUSE SQUARE WARRENTON VA 20188