---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-001031"
form_type: "8-K"
ticker: "FMBM"
cik: "0000740806"
company_name: "F&M BANK CORP"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T06:00:42.183401+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# F&M Bank Corp Q4 net income $1.7M ($0.49/dil) vs $2.3M Q3; loans grow $44M

## Summary
- Q4 net income $1.7M ($0.49/share) vs $2.3M ($0.67) in Q3 and $1.4M ($0.40) in Q4 2021.
- Full-year 2022 net income $8.3M ($2.41/share) vs $10.5M ($3.12) in 2021.
- Total loans grew 12.2% YoY to $743.6M; Q4 commercial loan growth $24.4M.
- One-time $3.8M gain from Infinex sale offset by $2.7M loss on securities sale.
- Dividend $0.26/share declared, payable March 1, 2023; annualized yield ~4.61%.

## SEC filing metadata
- accession: 0001654954-23-001031
- form_type: 8-K
- ticker: FMBM
- cik: 0000740806
- company_name: F&M BANK CORP
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/740806/000165495423001031/0001654954-23-001031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740806/000165495423001031/fmbm_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-001031
- JSON: https://secwatch.observer/filing/0001654954-23-001031.json
- Plain text: https://secwatch.observer/filing/0001654954-23-001031.txt

## Key facts
- Earnings Releases
  F&M BANK CORP reported the quarter and twelve months ended December 31, 2022 results: net income $1.7 million or $0.49 per common share for the quarter ended December 31, 2022.
  - Period: the quarter and twelve months ended December 31, 2022
  - Net income: $1.7 million or $0.49 per common share for the quarter ended December 31, 2022
  - Result: reported results
  source text: On January 30, 2023, F & M Bank Corp. (the “Company”) issued a press release announcing results for the quarter and twelve months ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/740806/000165495423001031/0001654954-23-001031-index.htm

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