secwatch.observer — SEC 8-K summary
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Issuer:     F&M BANK CORP (FMBM)
CIK:        0000740806
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001654954-25-008661
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F&M Bank Q2 net income $3.0M ($0.84/sh), up 21% QoQ; TBV up 9.1% YTD
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- Net income $3.0M ($0.84/sh) for Q2 2025 vs $2.5M ($0.70/sh) in Q1; six-month net $5.4M vs $4.2M YoY.
- Net interest margin rose 33 bps to 3.48%; loan growth $21.8M (2.63%) in Q2 driven by farmland and residential mortgages.
- Tangible book value per share $25.68, up 9.1% or $2.15 YTD.
- Quarterly dividend declared $0.26/sh, payable Aug 29 to holders of record Aug 14; 4.3% annualized yield.
- Provision for credit losses $1.2M vs net recovery of $104K in Q1; nonperforming loans 0.90% of total loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740806/000165495425008661/0001654954-25-008661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740806/000165495425008661/fmbm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-008661

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