F & M Bk Corp SEC Filings

F & M Bank Corp (FMBM) reported stronger Q3 2025 results. Net income rose to $2.9 million from $0.8 million a year ago, and EPS increased to $0.82 from $0.23. Net interest income improved to $10.5 million as deposit interest costs eased, while the provision for credit losses decreased versus last year.

Total assets were $1.36 billion at September 30, 2025, up from $1.30 billion at year‑end. Deposits reached $1.24 billion, and net loans held for investment were $864.5 million. Shareholders’ equity increased to $101.5 million, supported by an improvement in accumulated other comprehensive loss to $17.9 million from $27.4 million, reflecting narrower unrealized losses on securities.

For the first nine months, net income was $8.3 million (EPS $2.35) versus $5.0 million (EPS $1.44) last year. The allowance for credit losses was $7.8 million, and nonaccrual loans were $7.5 million. Cash and cash equivalents increased to $83.9 million. The company paid quarterly dividends of $0.26 per share; common shares outstanding were 3,556,658 as of November 4, 2025.

F & M Bank Corp. entered a Subordinated Note Purchase Agreement and issued $10.0 million of 7.55% fixed‑to‑floating rate subordinated notes due November 1, 2035.

The Notes pay 7.55% per annum from May 1, 2026 to but excluding November 1, 2030, then reset quarterly to three‑month SOFR + 424.5 bps to maturity, with interest payable in arrears. Beginning November 1, 2030, they are redeemable at the Company’s option on any scheduled interest payment date. The Notes are unsecured, rank junior to senior indebtedness, are not convertible, and are not callable by holders.

The Company states the Notes were structured to qualify as Tier 2 capital and intends to use proceeds to redeem existing subordinated debt and for general corporate purposes. The offering relied on Section 4(a)(2) and Regulation D exemptions. Separately, the Company furnished a press release announcing results for the quarter and nine months ended September 30, 2025 and its quarterly dividend.

F&M Bank Corp (FMBM) director Peter H. Wray reported a purchase of company common stock on 09/18/2025. The Form 4 shows Mr. Wray acquired 238 shares at a price of $25.92 per share, paid using proceeds of a quarterly retainer, and now directly beneficially owns 7,154 shares. The filing was signed by an attorney-in-fact on 09/22/2025. All activity reported is non-derivative common stock and the acquisition code is P, indicating a purchase. No other transactions, derivative positions, or additional context are provided in the filing.

John A. Willingham, a director of F&M Bank Corp (FMBM), reported a purchase of 99 shares of the issuer's common stock on 09/18/2025 at a price of $25.92 per share. Following the transaction he beneficially owns 20,759 shares in a direct capacity. The filing identifies the transaction code P and explains the shares were acquired from the issuer using the proceeds of a quarterly retainer, indicating the share grant was compensation-related rather than an open-market purchase. The Form 4 was signed by an attorney-in-fact, Candy F. Barkley.

F&M Bank Corp (FMBM) Form 4: Director Thomas Daphyne S. acquired 238 shares of the issuer's common stock on 09/18/2025 at a price of $25.92 per share, increasing reported beneficial ownership to 1,828 shares. The filing states the shares were acquired from the issuer using proceeds of a quarterly retainer. The transaction is reported as a direct beneficial ownership change and the Form 4 is signed by an attorney-in-fact, Candy F. Barkley.

F&M Bank Corp (FMBM) director Christopher S. Runion acquired 238 shares of common stock on 09/18/2025 at $25.92 per share. The filing states the shares were issued by the company and received as payment using proceeds of a quarterly retainer. After the transaction Mr. Runion beneficially owned 8,431 shares directly and 2,313 shares indirectly through the Heifer Investment Corporate Account. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 09/18/2025.

Anne B. Keeler, a director of F&M Bank Corp (FMBM), acquired 238 shares of the issuer's common stock at $25.92 per share on 09/18/2025. The purchase was made with the proceeds of a quarterly director retainer and increased her direct beneficial ownership to 2,754 shares. This Form 4 discloses a routine compensation-related stock acquisition by an insider rather than a market purchase or sale.

Hannah W. Hutman, a director of F&M Bank Corp (FMBM), reported a transaction on 09/18/2025. The Form 4 shows she acquired 238 shares of the issuer's common stock at a reported price of $25.92 per share, bringing her total beneficial ownership to 3,030 shares. The filing notes the shares were acquired from the issuer using proceeds of a quarterly retainer. The Form is an individual filing and was signed by an attorney-in-fact, Candy F. Barkley, on behalf of the reporting person.