Company Description and Loan Portfolio
Benchmark Bankshares, Inc. (BMBN) is a $568.8 million deposit bank holding company headquartered in Kenbridge, Virginia. Founded in 1971, it operates 16 banking offices throughout central Southside Virginia and northern North Carolina under the name of its sole subsidiary, Benchmark Community Bank.
Benchmark’s operating strategy falls in line with a lot of other profitable community banks. The company works to establish strong relationships that slowly add to demand for new loan production offices and, eventually, full-service branches. This is a strategy that takes years of consistent effort, but