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View the 2014 Annual Report and the 2014 Report on Audit.

Benchmark Bankshares' Code of Ethics.

Financial Highlights
(Dollars in thousands, except per share amounts)

FOR THE YEAR: 2014 2013 2012 2011   2010
Net Income $6,164 $6,231 $6,118 $5,278 $4,541

Total Operating Income

27,040 26,632 26,927 27,257  26,487

Total Operating Expense

18,307 17,888  17,464 17,331  17,876

Provision for Loan Losses

142 0 959 2,635  2,347

Taxes

2,426 2,512 2,386 2,013  1,724

Return on Average Assets

1.29% 1.37% 1.44% 1.27% 1.11%

Return on Average Equity

11.40% 12.46% 13.21%  12.84% 12.05%

Average Shares Outstanding*

5,152,492 5,173,814 5,185,908 5,180,108 5,196,250

 

AT YEAR END: 2014 2013 2012 2011 2010
Total Assets $489,948 $463,871 $438,508 $416,196  $417,958
Total Deposits 430,034 409,147 386,315 369,127  376,416
Total Loans 395,105 351,735 334,291 333,873 326,332
Shareholders' Equity 56,076 50,985 47,900 43,297 37,991
Equity to Assets Ratio 11.45% 10.99% 10.92% 10.40% 9.09%

 

PER SHARE*: 2014 2013 2012 2011 2010
Book Value $10.87 $9.88 $9.24 $8.35 $7.30
Net Income (basic) $1.20 $1.20 $1.18 $1.02 $0.87
Net income (diluted) $1.20 $1.20

$1.18

$1.02  $0.87
Cash Dividends Declared $0.34 $0.34 $0.32 $0.29 $0.28

*Shares outstanding and earnings per share have been adjusted for a 2-for-1 forward stock split on November 17, 2014.

 

Stock Information

The company's stock currently trades under the symbol, BMBN, on the NASDAQ Over-the-Counter Bulletin Board. Any stockbroker can assist you with buying additional shares. The bank, as part of a previously approved stock repurchase plan, is authorized to repurchase shares of its common stock. Should you wish to facilitate the sale of any of your shares directly to the bank, please contact Neil Burke, Chief Financial Officer, by calling (434) 676-9054, extension 1111.

Stock Quote

How to Purchase Shares of Benchmark Stock

To purchase shares of Benchmark Bankshares, the holding company for Benchmark Community Bank, you must contact a stock brokerage firm. The bank does not have any stock for sale directly.

Financial Release Summaries

July 23, 2015: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based hold¬ing company for Benchmark Community Bank, announced earnings of $1,635,361, or $0.32 per share, for the second quarter of 2015, a 2.4% increase from the $1,597,454, or $0.31 per share, earned during the second quarter of 2014. Net income through the first six months of the year amounted to $3,170,695, or $0.61 per share, a 5.4% increase from the $3,008,916, or $0.58 per share, posted through the first six months of 2014. (read full release)

June 19, 2015: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, recently announced the declaration of a semi-annual dividend of $0.18 per share to holders of common stock of the company. This dividend represents an increase of $0.01 per share from the dividend declared in December 2014. The record date for shareholders entitled to payment of the dividend will be the close of business, 4:00 P.M., on July 6, 2015, with payment to occur by July 31, 2015. (read full release)

April 15, 2015: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $1,535,335, or $0.30 per share, for the first quarter of 2015. This compares to net income of $1,411,461, or $0.27 per share, for the first quarter of 2014. Return on average equity for the quarter was 10.92% and return on average assets was 1.27%, compared to 11.03% and 1.23%, respectively, reported for the first quarter of 2014. (read full release)

January 27, 2015: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $6,164,054 for the year ended December 31, 2014. This compares to $6,231,491 earned during 2013. Although earnings were down slightly, earnings per share were unchanged from last year at $1.20. Return on average equity for the year was 11.40% and return on average assets was 1.29%, compared to 12.46% and 1.37%, respectively, reported last year. The bank earned $1,485,749, or $0.29 per share for the fourth quarter of 2014 compared to $1,315,450, or $0.25 per share earned last year during the same period. (read full release)

December 29, 2014: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, recently announced the declaration of a semi-annual dividend of $0.17 per share to holders of common stock of the company. This dividend, adjusted for a 2-to-1 stock split that occurred in November, is unchanged from the dividend paid in June. (read full release)

October 30, 2014: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, has announced a 2-for-1 stock split of its common stock. Certificates will be issued for the new shares of stock and will be mailed prior to December 5, 2014 to shareholders of record as of November 17, 2014. (read full release)

October 20, 2014: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $1,669,296, or $0.65 per share, for the third quarter of 2014, virtually unchanged from the $1,670,042, or $0.65 per share, earned during the third quarter of 2013. Net income through the first nine months of the year amounted to $4,678,212, or $1.82 per share, down from the $4,916,041, or $1.90 per share, reported through the first nine months of 2013. (read full release)

July 16, 2014: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based hold¬ing company for Benchmark Community Bank, announced earnings of $1,597,454, or $0.62 per share, for the second quarter of 2014, down from $1,706,727, or $0.66 per share, earned during the second quarter of 2013. Net income through the first six months of the year amounted to $3,008,916, or $1.17 per share, down from the $3,245,999, or $1.25 per share, posted through the first six months of 2013. (read full release)

June 30, 2014: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, recently announced the declaration of a semi-annual dividend of $0.34 per share to holders of common stock of the company. This dividend is unchanged from the dividend paid in December 2013. The record date for shareholders entitled to payment of the dividend will be the close of business, 4:00 P.M., on July 7, 2014, with payment to occur by July 31, 2014. (read full release)

April 14, 2014: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $1,411,461, or $0.55 per share, for the first quarter of 2014. This compares to net income of $1,539,273, or $0.59 per share, for the first quarter of 2013. Return on average equity for the quarter was 11.03% and return on average assets was 1.23%, compared to 12.82% and 1.40%, respectively, reported for the first quarter last year. (read full release)

January 29, 2014: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $6,231,491, or $2.42 per share for 2013. This compares to net income of $6,118,163, or $2.36 per share, for 2012. Return on average equity for the year was 12.46% and return on average assets was 1.37%, compared to 13.21% and 1.44%, respectively, reported last year. The bank earned $1,315,450 during the fourth quarter of 2012 compared to $1,333,141 earned last year during the same period. (read full release)

December 23, 2013: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, recently announced the declaration of a semi-annual dividend of $0.34 per share to holders of common stock of the company. This dividend is unchanged from the dividend paid in June 2013. Total dividends declared during 2013 amount to $0.68 per share, a 6.25% increase over the $0.64 per share paid during 2012. (read full release)

October 23, 2013: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $1,670,042, or $0.65 per share for the third quarter of 2013. This compares to $1,852,331, or $0.71 per share, earned during the third quarter of 2012. Net income through the first nine months of the year amounted to $4,916,041, or $1.90 per share, compared to $4,785,022, or $1.85 per share, earned during the first nine months of 2012. Return on average equity was 13.27% and return on average assets was 1.46% year-to-date, compared to 13.96% and 1.51%, respectively, reported for the first nine months last year. (read full release)

July 19, 2013: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $1,706,727, or $0.66 per share, for the second quarter of 2013, up from $1,412,404, or $0.54 per share, posted during the same period last year. Net income through the first six months of the year amounted to $3,245,999, or $1.25 per share, representing a 10.7% increase over the $2,932,691, or $1.13 per share, posted through the first six months of 2012. (read full release)

June 26, 2013: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, recently announced the declaration of a semi-annual dividend of $0.34 per share to holders of common stock of the company. This dividend is unchanged from the dividend paid in December 2012. The record date for shareholders entitled to payment of the dividend will be the close of business, 4:00 P.M., on July 8, 2013, with payment to occur by July 31, 2013. (read full release)

April 11, 2013: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $1,539,273, or $0.59 per share, for the first quarter of 2013. This compares to net income of $1,520,287, or $0.59 per share, for the same period one year ago. Return on average equity for the quarter was 12.82% and return on average assets was 1.40%, compared to 13.73% and 1.46%, respectively, reported for the first quarter of 2012. (read full release)

January 25, 2013: Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, announced earnings of $6,118,163, or $2.36 per share, for 2012. This compares to net income of $5,278,339, or $2.04 per share, for 2011. Return on average equity for the year was 13.21% and return on average assets was 1.44%, compared to 12.84% and 1.27%, respectively, reported last year. The bank earned $1,333,141 during the fourth quarter of 2012 compared to $1,350,002 earned last year during the same period. (read full release)



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Quarterly Reports

2nd Quarter 2015
1st Quarter 2015

3rd Quarter 2014
2nd Quarter 2014

1st Quarter 2014

3rd Quarter 2013
2nd Quarter 2013
1st Quarter 2013

3rd Quarter 2012
2nd Quarter 2012
1st Quarter 2012

 

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