{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-005271","form_type":"8-K","ticker":"FMBM","cik":"0000740806","company_name":"F&M BANK CORP","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.882246+00:00","generated_at":"2026-06-03T05:01:41.808422+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"F&M Bank Corp reports Q1 2024 net income of $1.2M, EPS $0.35, declares dividend","bullets":["Net income $1.2M ($0.35 EPS) vs $1.1M ($0.30) in Q1 2023; net interest margin 2.64% down 12bps YoY.","Total assets $1.32B, total loans $825.9M (+$3.8M), total deposits $1.16B (+$23.1M) vs Dec 31, 2023.","Noninterest expenses $8.4M, down $2.1M linked quarter due to prior Q4 severance of $1.4M pre-tax.","Provision for credit losses $823K including net charge-offs $807K; ACLL 1.02% of gross loans.","Dividend declared; tangible book value per share $21.20 vs $21.55 at Dec 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-005271","json":"https://secwatch.observer/filing/0001654954-24-005271.json","markdown":"https://secwatch.observer/filing/0001654954-24-005271.md","text":"https://secwatch.observer/filing/0001654954-24-005271.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/740806/000165495424005271/0001654954-24-005271-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/740806/000165495424005271/fmbm_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:01:41.808422+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":"07c552ea42572dbf48fba50de0cbdc1a57c75338","claim":"F&M BANK CORP reported the quarter ended March 31, 2024 results: net income $1.2 million, EPS $0.35 per share.","evidence_excerpt":"Net income was $1.2 million or $0.35 per share for the quarter ended March 31, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/740806/000165495424005271/0001654954-24-005271-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.35 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"}