F&M Bank Corp. reports Q3 2022 net income of $2.3M; declares $0.26 dividend

F&M BANK CORP

2022-Q3 EPS reported $1.92 revenue$103,000,000

Net income $2.3M for Q3, $6.6M for nine months ended Sep 30, 2022.
Deposits grew $17.2M to $1.1B; loans held for investment (ex-PPP) up $6.7M to $699.6M.
Nonperforming assets as % of total assets fell to 0.19% from 0.45% at Dec 31, 2021.
No provision for loan losses in Q3; $150K provision YTD.
Dividends: $0.26/share, payable Nov 29, 2022 to holders of record Nov 14, 2022 (annualized yield 4.45%).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.