F&M BANK CORP (FMBM) Form 10-Q — Aug 13, 2026

$FMBMForm 10-QFiled Aug 13, 2026, 10:12 AM ET0001654954-26-007556Original filing

F&M Bank Corp reported second quarter 2026 net income of $5.4 million, or $1.50 per diluted share, up from $3.0 million, or $0.83 per diluted share, in the year-ago quarter — an increase of $2.4 million. Loan growth drove net interest income to $12.3 million and net interest margin expanded 31 basis points to 3.79%, while a one-time $4.8 million pre-tax gain on the sale of Bearing Insurance was partially offset by a $3.5 million loss on a bond portfolio restructuring that lifted securities yields from 1.66% to about 4.92%.

Key figures

Eps: $1.50 diluted (Q2 2026)
Net Income: $5.4 million (Q2 2026) vs $3.0 million (Q2 2025)
Total Debt: $9.9 million long-term debt
Total Assets: $1.397 billion
Cash Position: $60.8 million
Shares Outstanding: 3551661
Total Deposits: $1.257 billion
Subordinated Notes: $10.0 million aggregate principal, 7.55% fixed-to-floating, due November 1, 2035
Uninsured Deposits: $179.0 million, 14% of total deposits
Net Income Six Months: $8.6 million
Shareholders Equity: $112.1 million
Diluted Eps Six Months: $2.41
Fhlb Available Credit: $205.2 million
Net Interest Income Q2: $12.3 million
Net Interest Margin Q2: 3.79%, up 31 bps YoY
Return On Avg Assets Q2: 1.54%
Return On Avg Equity Q2: 19.54%
Bearing Insurance Gain: $4.8 million pre-tax one-time gain
Loans Held For Investment: $925.3 million
Net Pre Tax Gain One Time Items: $1.3 million
Quarterly Dividend Per Share: $0.26
Net Interest Income Six Months: $23.8 million
Provision For Credit Losses Q2: $269 thousand vs $1.187 million in Q2 2025
Securities Restructuring Loss: $3.5 million pre-tax loss

AI analysis

Red flags3 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.