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F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services. It provides construction loans, including residential, and land acquisition and development loans; commercial real estate loans; business loans; consumer loans, such as personal loans, automobile loans, deposit account loans, installment…
Two non-recurring transactions during second quarter 2026 bolster strong net income resulting from operations. See associated, unaudited summary consolidated financial data for additional information.
The one-time, after-tax gain of $3.8 million resulted from the Company's investment in Richmond, Virginia-based Bearing Insurance Group, Inc., which was sold on April 30, 2026. TIMBERVILLE, VA / ACCESS Newswire / July 10, 2026 / F&M Bank Corp. (the "Company" or "F&M"), (OTCQX:FMBM), the parent company of Farmers & Merchants Bank ("F&M Bank" or the "Bank"), today reported that it completed a restructuring of its available-for-sale (AFS) securities portfolio in June 2026.
The one-time gain resulted from the Company's investment in Richmond, Virginia-based Bearing Insurance Group, Inc., which was sold on April 30, 2026. TIMBERVILLE, VA / ACCESS Newswire / May 4, 2026 / F&M Bank Corp. (the "Company" or "F&M"), (OTCQX:FMBM), the parent company of Farmers & Merchants Bank ("F&M Bank" or the "Bank"), today reported that it has recorded a one-time, pre-tax gain of $4.8 million, resulting in after-tax net income of $3.8 million.
Net income rose 31.3% in a year‑over‑year comparison; and the Company experienced growth in assets, loans, and deposits on both a linked quarter and year-to-year basis. See associated, unaudited summary consolidated financial data for additional information.
F and M Bank Corp. (OTCMKTS:FMBM - Get Free Report) shares crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $31.18 and traded as high as $31.50. F and M Bank shares last traded at $31.50, with a volume of 2,940 shares changing hands. F