---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-012322"
form_type: "8-K"
ticker: "FMBM"
cik: "0000740806"
company_name: "F&M BANK CORP"
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:47:07.057890+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# F&M Bank Q3 net income $2.9M ($0.82/share); issues $10M 7.55% sub notes due 2035

## Summary
- 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%.

## SEC filing metadata
- accession: 0001654954-25-012322
- form_type: 8-K
- ticker: FMBM
- cik: 0000740806
- company_name: F&M BANK CORP
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740806/000165495425012322/0001654954-25-012322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740806/000165495425012322/fmbm_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-012322
- JSON: https://secwatch.observer/filing/0001654954-25-012322.json
- Plain text: https://secwatch.observer/filing/0001654954-25-012322.txt

## Key facts
- Debt Financings
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/740806/000165495425012322/0001654954-25-012322-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.