{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-013691","form_type":"8-K","ticker":"FMBM","cik":"0000740806","company_name":"F&M BANK CORP","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.918073+00:00","generated_at":"2026-06-09T01:19:49.518936+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"F&M Bank Q3 net income falls to $1.0M from $2.3M; loans increase $62M YTD","bullets":["Net income $1.0M ($0.29/diluted share) vs $2.3M ($0.67) in Q3 2022; nine-month net income $2.3M vs $6.6M.","Total loans $805.6M at Sept 30, up $62M YTD; deposits $1.13B, up $50.5M.","Net interest margin down 41 bps YoY to 2.67% as interest expense outpaced income growth.","Noninterest expenses $28.3M YTD included $1.0M in severance accruals; prior year $27.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-013691","json":"https://secwatch.observer/filing/0001654954-23-013691.json","markdown":"https://secwatch.observer/filing/0001654954-23-013691.md","text":"https://secwatch.observer/filing/0001654954-23-013691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/740806/000165495423013691/0001654954-23-013691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/740806/000165495423013691/fmbm_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:19:49.518936+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8f77bef951689c31ac9a754bfe23fad6b5f89390","claim":"F&M BANK CORP reported three and nine months ended September 30, 2023 results: net income $1.0 million, EPS $0.29 per share.","evidence_excerpt":"On November 1, 2023, F & M Bank Corp. (the “Company”) issued a press release announcing results for the three and nine months ended September 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/740806/000165495423013691/0001654954-23-013691-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"label":"Net income","value":"$1.0 million"},{"label":"EPS","value":"$0.29 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}