ADDED
The Bank also offers short-to long-term commercial, real estate and consumer loans.
The Company strives to ensure that its constituents, including its shareholders, 8 customers, Board of Directors ("Board"), executive management and high performing employees, believe in it as well.
At December 31, 2025, the Company had 140 full-time employees and 8 part-time employees.
At December 31, 2025, women represented 75% of the Company's employees and racial and ethnic minorities represented 22% of the Company's employees.
The scope of the laws and regulations, and the intensity of the supervision to which the Company and its subsidiaries are subject, have increased in recent years, initially in response to the 2008 financial crisis, and more recently in light of other factors, including continued turmoil and stress in the financial markets, technological factors and market changes.
The second Trump administration has implemented significantly different policies from the Biden administration, including new proposed regulations and rescissions or withdrawals of previous guidance, and sharply reduced the workforce at the federal banking agencies.
These regulatory changes could have significant effects on how the Company and the Bank conduct business.
The specific impacts of regulatory reforms, and whether they will last, cannot yet be fully predicted.
Under the FDIA, the federal bank regulatory agencies have adopted guidelines prescribing safety and soundness standards.
The Tier 1, CET1, total capital to risk-weighted assets, and leverage ratios of the Company were 19.60%, 19.60%, 20.42% and 12.52%, respectively, as of December 31, 2025, thus exceeding the minimum requirements.
REMOVED
Securities and Exchange Commission Securities Act - Securities Act of 1933, as amended SOFR - Secured Overnight Funding Rate TDR - Troubled debt restructuring TFB - The Fauquier Bank Topic 606 - ASU No.
References to the Company s subsidiaries in this document include both the Bank and Masonry Capital.
The Bank also offers short- to long-term commercial, real estate and consumer loans.
The Company strives to ensure that its constituents, including its shareholders, customers, board, executive management and high performing employees, believe in it as well.
At December 31, 2024, the Company had 146 full-time equivalent employees, of which 9 were part-time employees.
At December 31, 2024, women represented 75% of the Company's employees and racial and ethnic minorities represented 17% of the Company's employees.
The scope of the laws and regulations, and the intensity of the supervision to which the Company and its subsidiaries are subject, have increased in recent years, initially in response to the 2008 financial crisis, and more recently in light of other factors, including continued turmoil and stress in the financial markets, technological factors, market changes, and increased scrutiny of proposed bank mergers and acquisitions by federal and state bank regulators.
The Trump administration may seek to implement a regulatory reform agenda that is significantly different than the agenda and policies of the previous administration, which the Company expects may significantly impact the rulemaking, supervision, examination and enforcement priorities of the federal banking agencies.
Subsequent to that presidential memorandum, the administration has taken actions that have reduced available staffing at certain regulatory agencies, and reduced the current regulatory and enforcement activities of certain regulatory agencies, among other substantive impacts.
The Company continues to experience ongoing regulatory reform and these regulatory changes could have a significant effect on how the Company and the Bank conduct business.