secwatch.observer — SEC 8-K summary
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Issuer:     F&M BANK CORP (FMBM)
CIK:        0000740806
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001654954-25-004801
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 Q1 net income $2.5M, EPS $0.70, up 9% from Q4 2024
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- Net income $2.5M ($0.70 per share), up 9% from Q4 2024 net income $2.3M ($0.64).
- Total assets $1.31B (+0.78%), deposits $1.20B (+0.41%), loans $827M (-1.5%) since Dec 31, 2024.
- Tangible book value per share $24.73, up 5% ($1.20) in Q1 2025.
- Noninterest income grew $187,000 linked-quarter, led by wealth management.
- CEO cites disciplined balance sheet and sound loan portfolio as drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740806/000165495425004801/0001654954-25-004801-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740806/000165495425004801/fmbm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-004801

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