secwatch.observer — SEC 8-K summary
======================================

Issuer:     F&M BANK CORP (FMBM)
CIK:        0000740806
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001654954-23-013863
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

F & M Bank Corp. offers early retirement program; max cost $1.8M in Q4 2023
---------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740806/000165495423013863/0001654954-23-013863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740806/000165495423013863/fmbm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-013863

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer