WARRENTON, Va., Feb. 19, 2021 /PRNewswire/ -- Fauquier
Bankshares, Inc. (NASDAQ: FBSS) announced today that its Board of
Directors on February 18, 2021
declared a quarterly dividend of $0.125 per share. This dividend was
declared for shareholders of record as of the close of business on
March 12, 2021 and will be payable on
March 26, 2021.
Fauquier Bankshares, Inc. and its principal subsidiary, The
Fauquier Bank, had combined assets of $867.2
million and total shareholders' equity of $72.5 million at December
31, 2020. The Fauquier Bank, is an independent community
bank offering a full range of financial services, including
internet banking, mobile banking, commercial, retail, insurance,
wealth management, and financial planning services through eleven
banking offices throughout Fauquier and Prince
William counties in Virginia.
This press release may contain "forward-looking statements"
as defined by federal securities laws. These statements address
issues that involve risks, uncertainties, estimates and assumptions
made by management, and actual results could differ materially from
the results contemplated by these forward-looking statements.
Factors that could have a material adverse effect on our operations
and future prospects include, but are not limited to, changes in:
interest rates, general economic conditions, the
legislative/regulatory climate, monetary and fiscal policies of the
U.S. Government, including policies of the U.S. Treasury and the
Board of Governors of the Federal Reserve System, the quality or
composition of the loan or investment portfolios, the value of the
collateral securing loans in the portfolio, demand for loan
products, deposit flows, the level of net charge-offs on loans and
the adequacy of the allowance for loan losses, competition, demand
for financial services in the Company's market area, the Company's
plans to increase market share, mergers, acquisitions and
dispositions, cybersecurity threats or attacks, and tax and
accounting principles, policies and guidelines. Readers should
consider these risks and uncertainties in evaluating our
forward-looking statements and should not place undue reliance on
such statements. We undertake no obligation to update these
statements following the date of this news release.
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SOURCE Fauquier Bankshares, Inc.
