F&M BANK CORP (FMBM): debt financing — F&M Bank Q3 net income $2.9M ($0.82/share); issues $10M 7.55% sub notes due 2035

F&M BANK CORP

2026-Q3 EPS reported $2.35

Net income $2.9M ($0.82/share) for Q3 2025, down 2.38% from Q2; YTD net income $8.3M ($2.35/share) vs $5.0M ($1.44) in 2024.
Issued $10M of 7.55% fixed-to-floating subordinated notes due Nov 1, 2035 for Tier 2 capital; proceeds to redeem existing debt.
Total assets $1.36B, loans $872.3M, deposits $1.24B; tangible book value $27.63/share, up 17.4% YTD.
Net interest margin 3.36%, down 12 bps QoQ; provision for credit losses $539K, down from $1.2M in Q2.
Declared $0.26/share dividend payable Nov 28, 2025 to holders of record Nov 14, 2025; annualized yield 3.9%.

item 1.01 item 2.02 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

F&M BANK CORP incurred senior notes of $10.0 million in aggregate principal amount with unknown at 7.55% fixed to floating rate maturing November 1, 2035.

Instrument: senior notes
Principal: $10.0 million in aggregate principal amount
Rate: 7.55% fixed to floating rate
Maturity: November 1, 2035
Event: incurrence

Exact text from the filing

On October 24, 2025, F & M Bank Corp. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company issued and sold $10.0 million in aggregate principal amount of 7.55% fixed to floating rate subordinated notes due November 1, 2035 (the “Notes”).

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311 debt financings filed in the last 30 days. Browse all debt financings →

F&M BANK CORP filing history →

Source: SEC EDGAR

accession 0001654954-25-012322

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