F&M Bank Corp. filings document the regulatory record of a financial holding company whose wholly owned subsidiary is Farmers & Merchants Bank. The company's 8-K reports disclose operating results, quarterly dividends, material events, completed investment sales, and balance-sheet measures such as loans, deposits, capital ratios, asset quality, net interest income, and net interest margin.
Other filings cover proxy governance, annual meeting matters, director changes, executive employment agreements, and compensation arrangements. Capital-structure disclosures include subordinated notes issued to qualify as Tier 2 capital, related covenants and redemption terms, and the use of proceeds for existing subordinated debt and general corporate purposes.
F&M Bank Corp. reported higher first‑quarter 2026 earnings and declared a quarterly dividend. Net income was $3.23 million, or $0.91 per share, up 11.9% from fourth quarter 2025 and 31.3% from first quarter 2025. Return on average assets was 0.94% and return on average equity was 12.18%. Net interest margin improved to 3.56%, with net interest income of $11.43 million, up 21.02% year over year. Assets grew to $1.41 billion, loans to $896.9 million, and deposits to $1.28 billion. Asset quality strengthened, with nonperforming assets at $4.85 million, or 0.34% of total assets, and net charge‑offs at 0.09% of average loans. Tangible book value per share rose to $29.10. The Board declared a $0.26 per share dividend, a 3.31% annualized yield based on a $31.45 share price.
F&M Bank Corp executive Evan S. McHaffa, EVP and Chief Credit Officer, filed an initial Form 3 statement of beneficial ownership. The filing does not report any buy, sell, or derivative transactions, and shows no specific holdings entries at this time.
F & M Bank Corp. is asking shareholders to vote at its May 16, 2026 annual meeting on three items: electing five directors, ratifying Elliott Davis, PLLC as independent auditor for 2026, and approving an advisory "say-on-pay" vote on 2025 executive compensation.
The company had 3,559,157 common shares outstanding as of March 20, 2026, the record date. The board reports strong director independence, active committees, and high meeting attendance. In 2025, CEO Aubrey M. Wilkerson received total compensation of $754,389, while net income was $11,229,000 and shareholders previously supported say‑on‑pay by about 91.11%.
F&M Bank Corp. reports significantly stronger 2025 results, with net income rising to $11.2 million from $7.3 million and earnings per share increasing to $3.16 from $2.07. Higher net interest income, driven by a wider net interest margin of 3.35% versus 2.77%, more than offset increased operating costs.
Total assets reached $1.37 billion as of December 31, 2025, with loans of $886.3 million and deposits of $1.25 billion. Credit quality remained solid, as nonperforming loans declined to 0.68% of total loans and the allowance covered over 129% of nonperforming assets.
The Bank remains well capitalized, with total risk-based capital at 14.04% and common equity tier 1 at 13.11%. Management continued returning capital through quarterly dividends totaling $1.04 per share and share repurchases under a $2.2 million buyback plan while maintaining robust regulatory capital and detailed risk, cybersecurity, and compliance frameworks.
F&M Bank Corp executive Evan S. McHaffa purchased 650 shares of Common Stock in an open-market transaction. The shares were bought at a price of $30.59 per share, and following this purchase he directly owns 650 shares of the company.
F&M Bank Corp executive Paul E. Eberly reported a small tax-related share disposition. On March 20, 2026, 197 shares of common stock were withheld at $30.59 per share to cover tax obligations. After this non-market transaction, he directly holds 9,636 common shares.
F&M Bank Corp President Barton E. Black reported a small, non-market transaction involving company common stock. On March 20, 2026, 367 shares were disposed of at $30.59 per share to cover tax obligations by delivering shares rather than cash.
After this tax-withholding disposition, Black held 16,735 shares directly. An additional 145,948.21 shares were listed as indirectly owned through allocation to him in the F&M Bank Corp ESOP, showing a much larger ongoing equity stake alongside this routine tax-related adjustment.
F&M Bank Corp executive Melody D. Emswiler had 156 shares of Common Stock withheld to cover tax obligations at a price of $30.59 per share. This non-market disposition was recorded as a tax-withholding transaction, and she now directly holds 7,951 shares following the event.
F&M BANK CORP Executive Vice President and Chief Lending Officer Paul E. Eberly bought 1,651 shares of Common Stock in an open-market purchase at $30.59 per share, increasing his direct holdings to 9,833 shares.