secwatch.observer — SEC 8-K summary
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Issuer:     F&M BANK CORP (FMBM)
CIK:        0000740806
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001654954-25-012322
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740806/000165495425012322/0001654954-25-012322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740806/000165495425012322/fmbm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-012322

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