Fauquier Bankshares, Inc. (FBSS) financial statements (2022 and earlier)

Company profile

Business Address 10 COURTHOUSE
WARRENTON, VA 20186
State of Incorp. VA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments124,55346,32767,09329,29267,83653,21564,376
Cash and cash equivalents124,55346,32767,09329,29267,83653,21564,376
Total current assets:124,55346,32767,09329,29267,83653,21564,376
Noncurrent Assets
Operating lease, right-of-use asset4,4955,045
Property, plant and equipment16,52917,49218,19018,60619,29920,46121,068
Total noncurrent assets:21,02422,53718,19018,60619,29920,46121,068
Other undisclosed assets721,596653,307645,522596,715537,310527,724520,842
TOTAL ASSETS:867,173722,171730,805644,613624,445601,400606,286
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 4,0004,000805,0767168
Deferred compensation liability155153103,000    
Total current liabilities:1554,153107,000805,0767168
Noncurrent Liabilities
Other undisclosed liabilities794,557650,896563,798588,391564,918548,696551,061
Total liabilities:794,712655,049670,798588,471569,994548,767551,129
Stockholders' equity
Stockholders' equity attributable to parent, including:72,46167,12260,00756,14254,45152,63355,157
Common stock    11,69311,61611,568
Accumulated other comprehensive income (loss)2,3251,371(538)125(737)(460)(101)
Retained earnings53,76749,78744,80340,49143,49541,47743,690
Other undisclosed stockholders' equity attributable to parent16,36915,96415,74215,526   
Total stockholders' equity:72,46167,12260,00756,14254,45152,63355,157
TOTAL LIABILITIES AND EQUITY:867,173722,171730,805644,613624,445601,400606,286

Income statement (P&L) ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues29,94729,69226,91527,25325,64328,11228,499
Net investment income28,31229,17026,69823,32021,57421,69421,935
Financial services revenue3,9334,0696,4186,564
Cost of revenue(1,773)(346)(507)(520) (8,000) 
Provision for loan, lease, and other losses(1,773)(346)(507)
Financial services costs(520) (8,000) 
Gross profit:28,17429,34626,40826,73325,64320,11228,499
Operating expenses(8,632)(7,243)(6,982)(18,309)(18,249)(16,771)(18,975)
Other operating income (expense), net
(Noninterest Income, Other Operating Income)
(111)437     
Operating income:19,43122,54019,4268,4247,3943,3419,524
Nonoperating income360366345344342 91
Gains (losses) on sales of other real estate  (16)(18)(19) 91
Bank owned life insurance income360366361362361  
Interest and debt expense(2,541)(4,520)(3,233)(2,049)(1,843)(1,962)(2,564)
Other undisclosed loss from continuing operations before equity method investments, income taxes(10,306)(10,562)(9,657)(1,344)(1,282)(3,415)(865)
Income (loss) from continuing operations before equity method investments, income taxes:6,9447,8246,8815,3754,611(2,036)6,186
Income from equity method investments409236266    
Income (loss) from continuing operations before income taxes:7,3538,0607,1475,3754,611(2,036)6,186
Income tax expense (benefit)(1,067)(1,004)(746)(2,879)(937)1,424(1,380)
Income (loss) before gain (loss) on sale of properties:6,2867,0566,4012,4963,674(612)4,806
Other undisclosed net loss(409)(236)(266)    
Net income (loss) available to common stockholders, diluted:5,8776,8206,1352,4963,674(612)4,806

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):5,8776,8206,1352,4963,674(612)4,806
Other comprehensive income (loss)9541,909(673)841(277)(359)840
Comprehensive income (loss), net of tax, attributable to parent:6,8318,7295,4623,3373,397(971)5,646

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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