---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-010144"
form_type: "8-K"
ticker: "FMBM"
cik: "0000740806"
company_name: "F&M BANK CORP"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:47:09.355543+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# F&M Bank Corp Q2 net income falls to $1.79M from $3.22M YoY; dividend $0.26/share

## Summary
- Net income $1.79M ($0.51 EPS) vs $3.22M ($0.98 EPS) in Q2 2021, down 44%.
- Net interest margin 3.15% (Q2), up from 2.82% in Q1; noninterest income $2.4M, down from $3.0M YoY.
- Loans held for investment grew $32.3M (4.92%) in quarter; total deposits declined $12M (1.09%).
- Nonperforming loans fell to 0.15% of assets (prior year 0.50%); provision for loan losses $600k.
- Dividend $0.26 per share (payable Aug 29 to record Aug 14), annualized yield ~4.08% based on $25.48 close.

## SEC filing metadata
- accession: 0001654954-22-010144
- form_type: 8-K
- ticker: FMBM
- cik: 0000740806
- company_name: F&M BANK CORP
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740806/000165495422010144/0001654954-22-010144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740806/000165495422010144/fmbm_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-010144
- JSON: https://secwatch.observer/filing/0001654954-22-010144.json
- Plain text: https://secwatch.observer/filing/0001654954-22-010144.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.