{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-005289","form_type":"8-K/A","ticker":"FMBM","cik":"0000740806","company_name":"F&M BANK CORP","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.882034+00:00","generated_at":"2026-06-03T05:01:34.385280+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"F&M Bank Corp Q1 2024 net income $1.2M ($0.35/share), up from $1.1M in Q1 2023","bullets":["Net income of $1.2M ($0.35 diluted EPS) vs $1.1M ($0.30) in Q1 2023 and $457K ($0.13) in Q4 2023.","Net interest margin 2.64%, down 12 bps YoY; net interest income $8.1M, up $244K from prior year.","Total assets $1.32B; loans $825.9M (+$3.8M QoQ); deposits $1.16B (+$23.1M QoQ); noninterest-bearing deposits up $2.9M.","Provision for credit losses $823K vs zero in Q1 2023, reflecting $807K net charge-offs; ACLL at 1.02% of loans.","Declared quarterly dividend; noninterest expenses fell $2.1M from Q4 2023 due to prior quarter severance costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-005289","json":"https://secwatch.observer/filing/0001654954-24-005289.json","markdown":"https://secwatch.observer/filing/0001654954-24-005289.md","text":"https://secwatch.observer/filing/0001654954-24-005289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/740806/000165495424005289/0001654954-24-005289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/740806/000165495424005289/fmbm_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:01:34.385280+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":"e9e7577d079acfe15b7f81ed7f6f57a02139925e","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/740806/000165495424005289/0001654954-24-005289-index.htm","confidence":0.9,"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"}