Welcome to our dedicated page for F & M Bk SEC filings (Ticker: FMBM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The F & M Bank Corp. (FMBM) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as a financial holding company and parent of Farmers & Merchants Bank. These documents offer structured detail on the commercial banking business, capital structure, risk profile, and governance of this community-focused institution serving Virginia’s Shenandoah Valley.
Through its periodic reports and current reports, F&M Bank Corp. explains how it manages net interest income, funding costs, loan and deposit growth, and the composition of its diversified loan portfolio, which includes residential mortgage, commercial real estate, automobile, farmland, commercial and industrial, construction, and consumer segments. Filings also describe the investment securities portfolio, unrealized losses on available-for-sale securities, and the use of Federal Home Loan Bank advances, federal funds lines, and pledged securities at the Federal Reserve Bank discount window for liquidity.
Regulatory filings contain extensive information on asset quality and credit risk, including nonperforming loans, net charge-offs, the Allowance for Credit Losses on Loans, and reserves for unfunded commitments. They outline how economic conditions, collateral values, and portfolio mix affect provisions for credit losses. Current reports on Form 8-K, for example, have disclosed a subordinated note purchase agreement for fixed-to-floating rate subordinated notes structured to qualify as Tier 2 capital, as well as amended and restated employment agreements for senior officers with defined severance and change-of-control terms.
On Stock Titan, FMBM filings are updated in near real time from EDGAR and are accompanied by AI-powered summaries that highlight key items, such as capital actions, executive arrangements, and significant financing transactions. Users can quickly scan these explanations to understand the implications of complex documents, then review the full text of Forms 10-K, 10-Q, 8-K, and other submissions for deeper analysis.
F&M Bank Corp. reported a one-time pre-tax gain of $4.8 million, resulting in after-tax net income of $3.8 million, from the sale of its investment in Richmond-based Bearing Insurance Group, Inc.
F&M held four units in Bearing valued at $223,922 in total, which were sold for $1,265,073 per unit, generating proceeds of $5.1 million. The company will recognize this as a one-time, non-recurring gain in second quarter 2026. Based on 3,583,785 shares outstanding on April 30, 2026, book value per share and tangible book value per share are estimated to increase by $1.07 each.
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.