secwatch.observer — SEC 8-K summary
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Issuer:     F&M BANK CORP (FMBM)
CIK:        0000740806
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001654954-24-009559
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F&M Bank Corp Q2 net income surges to $3.0M, EPS $0.86 from $0.07 YoY
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- Q2 2024 net income $3.0M ($0.86/share) vs $241K ($0.07/share) in Q2 2023.
- Six-month net income $4.2M ($1.21/share) vs $1.3M ($0.37/share) in 2023.
- Total assets $1.31B; deposits grew $28.9M in Q2 to $1.19B.
- Tangible book value per share rose to $22.62 from $21.55 at Dec. 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740806/000165495424009559/0001654954-24-009559-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740806/000165495424009559/fmbm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-009559

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