Fauquier Bankshares, Inc. Sample Contracts

Fauquier Bankshares, Inc. – PRESS RELEASE (August 16th, 2019)

WARRENTON, VA, August 16, 2019 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) announced today that its Board of Directors on August 15, 2019 declared a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on September 13, 2019 and will be payable on October 1, 2019. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – PRESS RELEASE (July 19th, 2019)

• Net income was $1.6 million for the second quarter, a decrease of 4.17% and 5.73% when compared with the prior quarter and the second quarter of 2018, respectively;

Fauquier Bankshares, Inc. – PRESS RELEASE (April 22nd, 2019)

• Net income was $1.6 million for the first quarter, a slight increase when compared with the prior quarter and the first quarter of 2018;

Fauquier Bankshares, Inc. – PRESS RELEASE (February 22nd, 2019)

WARRENTON, VA, February 22, 2019 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) announced today that its Board of Directors on February 21, 2019 declared a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on March 15, 2019 and will be payable on April 1, 2019. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – PRESS RELEASE (January 22nd, 2019)

• Net income increased to $1.6 million for the fourth quarter compared with net income of $1.3 million for the prior quarter and a net loss of $(543,000) for the fourth quarter of 2017;

Fauquier Bankshares, Inc. – PRESS RELEASE (November 19th, 2018)

WARRENTON, VA, November 19, 2018 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) announced today that its Board of Directors on November 15, 2018 declared a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on December 14, 2018 and will be payable on January 2, 2019. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – PRESS RELEASE (October 22nd, 2018)

• Net income decreased 20.61% to $1.3 million for the third quarter compared with the prior quarter and increased 2.81% from the third quarter of 2017. Net income increased 50.12% to $4.6 million for the nine months ended September 30, 2018 from $3.0 million for the nine months ended September 30, 2017;

Fauquier Bankshares, Inc. – PRESS RELEASE (August 17th, 2018)

WARRENTON, VA, August 17, 2018 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) announced today that its Board of Directors on August 16, 2018 declared a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on September 14, 2018 and will be payable on October 1, 2018. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – PRESS RELEASE (July 23rd, 2018)

• Net income increased 67.58% to $1.7 million for the second quarter from $990,000 for the second quarter of 2017 and increased 84.64% to $3.2 million for the six months ended June 30, 2018 from $1.8 million for the six months ended June 30, 2017;

Fauquier Bankshares, Inc. – CORRECTED PRESS RELEASE (May 10th, 2018)

This press release corrects a prior version published on April 25, 2018 and is updated solely to revise the amount related to noninterest income for the gain on call of securities reported on page 3, “Selected Financial Data”.

Fauquier Bankshares, Inc. – PRESS RELEASE (April 25th, 2018)

• Net loans remained stable at $497.7 million for the first quarter compared with the fourth quarter of 2017 and increased $46.5 million or 10.3% when compared with the first quarter of 2017;

Fauquier Bankshares, Inc. – BY-LAWS OF FAUQUIER BANKSHARES, INC. AS AMENDED AND RESTATED March 15, 2018 (March 20th, 2018)

Section 1.1 – Places of Meetings. All meetings of the stockholders shall be held at such place, either within or without the Commonwealth of Virginia, as from time to time may be fixed by the Board of Directors.

Fauquier Bankshares, Inc. – NEWS RELEASE (February 16th, 2018)

WARRENTON, VA, February 16, 2018 – The Board of Directors of Fauquier Bankshares, Inc. (NASDAQ: FBSS) recently announced a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on March 9, 2018 and will be payable on April 2, 2018. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – NEWS RELEASE (February 9th, 2018)

WARRENTON, VA., February 9, 2018 -- Fauquier Bankshares, Inc. (the Company) (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $2.5 million, or $0.66 per share assuming dilution, for the year ended December 31, 2017, compared to $3.7 million, or $0.98 per share assuming dilution, for the year ended December 31, 2016. The Company reported a net loss of $544,000 for the fourth quarter of 2017, or $(0.14) per share assuming dilution, compared with net income of $1.3 million, or $0.34 per share assuming dilution, for the prior quarter and $808,000, or $0.22 per share assuming dilution, for the fourth quarter of 2016.

Fauquier Bankshares, Inc. – _____________________FAUQUIER BANKSHARES, INC. December 20, 2017NASDAQ: FBSS (December 20th, 2017)
Fauquier Bankshares, Inc. – NEWS RELEASE (November 17th, 2017)

WARRENTON, VA, November 17, 2017 – The Board of Directors of Fauquier Bankshares, Inc. (NASDAQ: FBSS) recently announced a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on December 15, 2017 and will be payable on January 2, 2018. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – NEWS RELEASE (October 31st, 2017)

WARRENTON, VA., October 30, 2017 -- Fauquier Bankshares, Inc. (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $1.28 million for the third quarter of 2017 an increase of 29.39% from the previous quarter and 83.52% from the third quarter of 2016. Basic and diluted earnings per share were $0.34 up from $0.26 in the previous quarter and $0.19 for the third quarter of 2016. Net income for the first nine months of 2017 was $3.04 million compared to $2.87 million for the same period of 2016 which included the effects of a one-time recovery of $508,000 from a previously charged-off loan. For the nine months ended September 30, 2017, basic and diluted earnings per share were $0.81 compared to $0.76 for the same period in 2016.

Fauquier Bankshares, Inc. – NEWS RELEASE (August 18th, 2017)

WARRENTON, VA, August 18, 2017 – The Board of Directors of Fauquier Bankshares, Inc. (NASDAQ: FBSS) recently announced a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on September 15, 2017 and will be payable on October 2, 2017. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – NEWS RELEASE (August 1st, 2017)

WARRENTON, VA., July 28, 2017 -- Fauquier Bankshares, Inc. (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $990,000 for the second quarter of 2017 compared with $1.56 million for the second quarter of 2016. Basic and diluted earnings per share were $0.26 and $0.42 for the three months ended June 30, 2017 and June 30, 2016, respectively. Net income for the first six months of 2017 was $1.76 million compared with $2.17 million for the same period of 2016. For the six months ended June 30, 2017, basic and diluted earnings per share were $0.47 compared with $0.58 for the same period in 2016.

Fauquier Bankshares, Inc. – NEWS RELEASE (May 1st, 2017)

WARRENTON, VA., May 1, 2017 -- Fauquier Bankshares, Inc. (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $768,000 for the quarter ended March 31, 2017 compared with $606,000 for the quarter ended March 31, 2016. Basic and diluted earnings per share were $0.20 for the first quarter of 2017 compared with $0.16 for the first quarter of 2016.

Fauquier Bankshares, Inc. – NEWS RELEASE (February 17th, 2017)

WARRENTON, VA, February 17, 2017 – The Board of Directors of Fauquier Bankshares, Inc. (NASDAQ: FBSS) recently announced a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on March 17, 2017 and will be payable on April 3, 2017. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – EMPLOYMENT AGREEMENT (February 13th, 2017)

This Employment Agreement (the "Agreement") is dated as of February 8, 2017 by and between Fauquier Bankshares, Inc. a Virginia corporation (the "Company"), and Christine E. Headly and to which The Fauquier Bank, a wholly-owned banking subsidiary of the Company (the "Bank"), is made a party.

Fauquier Bankshares, Inc. – NEWS RELEASE (February 8th, 2017)

WARRENTON, VA, February 8, 2017 -- Fauquier Bankshares, Inc. (NASDAQ: FBSS), parent company of The Fauquier Bank ("TFB") reported net income of $3.67 million for the year ended December 31, 2016 compared with a net loss of $612,000 for the year ended December 31, 2015. Basic and diluted earnings per share for the year ended December 31, 2016 were $0.98, compared with basic and diluted loss per share of $0.16 for 2015. For the fourth quarter of 2016, net income was $808,000 compared with a net loss of $3.75 million for the fourth quarter of 2015. Basic and diluted earnings per share for the fourth quarter of 2016 were $0.22 compared with basic and diluted loss per share of $1.00 for the fourth quarter of 2015.

Fauquier Bankshares, Inc. – NEWS RELEASE (November 21st, 2016)

WARRENTON, VA, November 18, 2016 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) is pleased to announce the appointment of Kevin T. Carter to its Board of Directors, as well as to the Board of Directors of its principal subsidiary, The Fauquier Bank.

Fauquier Bankshares, Inc. – NEWS RELEASE (November 18th, 2016)

WARRENTON, VA, November 18, 2016 – The Board of Directors of Fauquier Bankshares, Inc. (NASDAQ: FBSS) recently announced a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on December 16, 2016 and will be payable January 3, 2017. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – NEWS RELEASE (November 8th, 2016)

WARRENTON, VA., November 7, 2016 -- Fauquier Bankshares, Inc. (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $698,000 for the third quarter of 2016 compared with $1.35 million for the third quarter of 2015. Basic and diluted earnings per share were $0.19 and $0.36 for the three months ended September 30, 2016 and September 30, 2015, respectively. Net income for the first nine months of 2016 was $2.87 million compared with $3.14 million for the same period of 2015. For the nine months ended September 30, 2016, basic and diluted earnings per share were $0.76 compared with $0.84 for the same period in 2015.

Fauquier Bankshares, Inc. – EMPLOYMENT AGREEMENT (August 19th, 2016)

This Employment Agreement (the "Agreement") is dated as of August 18, 2016 by and between Fauquier Bankshares, Inc. a Virginia corporation (the "Company"), and Timothy Michael York and to which The Fauquier Bank, a wholly-owned banking subsidiary of the Company (the "Bank"), is made a party.

Fauquier Bankshares, Inc. – NEWS RELEASE (August 19th, 2016)

WARRENTON, VA, August 19, 2016 – The Board of Directors of Fauquier Bankshares, Inc. (NASDAQ: FBSS) recently announced a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on September 16, 2016 and will be payable October 3, 2016. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares, Inc. – NEWS RELEASE (August 8th, 2016)

WARRENTON, VA., August 5, 2016 -- Fauquier Bankshares, Inc. (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $1.56 million for the second quarter of 2016 compared with $1.05 million for the second quarter of 2015. Earnings for the quarter reflected a $1.13 million recovery of loan loss provision, which resulted in an additional $748,000 in after tax income for the quarter. Basic and diluted earnings per share for the second quarter of 2016 were $0.42, compared with $0.28 in the second quarter 2015. Net income for the first six months of 2016 was $2.17 million compared with $1.79 million for the same period of 2015. Basic and diluted earnings per share for the first six months of 2016 were $0.58 compared with $0.48 for the first six months of 2015.

Fauquier Bankshares, Inc. – NEWS RELEASE (June 30th, 2016)

WARRENTON, VA June 30, 2016 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) (the "Company"), parent company of The Fauquier Bank (the "Bank"), is pleased to welcome the new Chief Operating Officer of the Company and the Bank, T. Michael York ("Mike").

Fauquier Bankshares, Inc. – NEWS RELEASE (June 27th, 2016)

WARRENTON, VA., June 27, 2016 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) announced today that Eric P. Graap, Executive Vice President and Chief Financial Officer of Fauquier Bankshares, Inc. (the "Company") and its wholly-owned subsidiary, The Fauquier Bank (the "Bank"), is retiring effective September 2, 2016. Mr. Graap will also be retiring from the boards of directors of the Company and the Bank on the same date.

Fauquier Bankshares, Inc. – EMPLOYMENT AGREEMENT (June 7th, 2016)

This Employment Agreement (the "Agreement") is dated as of June 6, 2016 by and between Fauquier Bankshares, Inc. a Virginia corporation (the "Company"), and Marc J. Bogan and to which The Fauquier Bank, a wholly-owned banking subsidiary of the Company (the "Bank"), is made a party.

Fauquier Bankshares, Inc. – _____________________FAUQUIER BANKSHARES, INC.ANNUAL SHAREHOLDERS’ MEETING May 17, 2016 (May 18th, 2016)
Fauquier Bankshares, Inc. – NEWS RELEASE (May 2nd, 2016)

WARRENTON, VA, May 2, 2016 - Fauquier Bankshares, Inc. (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $606,000 for the quarter ended March 31, 2016 compared with $743,000 for the quarter ended March 31, 2015. Basic and diluted earnings per share for the first quarter of 2016 were $0.16 compared with $0.20 per share in the first quarter of 2015. Return on average assets was 0.41% and return on average equity was 4.59% for the first quarter of 2016 compared with 0.50% and 5.42%, respectively, for the first quarter of 2015.

Fauquier Bankshares, Inc. – NEWS RELEASE (February 22nd, 2016)

WARRENTON, VA, February 18, 2016 – Fauquier Bankshares, Inc. (NASDAQ: FBSS) (the "Company"), parent company of The Fauquier Bank (the "Bank"), announced today that it has selected Marc J. Bogan as the new President of the Company and the Bank. Additionally, he was appointed to the Boards of Directors of both the Company and the Bank. Mr. Bogan will succeed Randy K. Ferrell, the longtime President of the Company and the Bank, who announced a year ago his intention to retire in the spring of 2016. Mr. Ferrell will continue to serve as Chief Executive Officer of the Company and the Bank during a transition period ending March 31, 2016, at which time Mr. Bogan will assume the position for both the Company and the Bank upon the retirement of Mr. Ferrell.