other material
confidence high
sentiment neutral
materiality 0.50
F & M Bank Corp. offers early retirement program; max cost $1.8M in Q4 2023
F&M BANK CORP
- Early retirement program offered to certain employees during Q4 2023.
- Maximum one-time expense estimated at $1,812,427.
- Actual expense may be lower depending on participation.
- All expense recognized in Q4 ending December 31, 2023.