For the quarter ending 2026-03-31, FMBM had -$10,387K decrease in cash & cash equivalents over the period. -$9,233K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Gain on the sale of assets held for sale | - | 0 | 43 |
| Net income | -5,115 | 2,919 | 5,422 |
| Gain on the sale of oreo | - | 0 | 73 |
| Income from life insurance investment | - | 160 | 424 |
| Gain on sale of fixed assets | - | 0 | 0 |
| Depreciation and amortization | -684 | 321 | 683 |
| Amortization of intangibles | -19 | 7 | 16 |
| Provision for credit losses | - | 539 | 1,083 |
| Amortization of securities | -431 | 152 | 348 |
| Proceeds from loans held for sale | -9,535 | 13,696 | 24,563 |
| Loans held for sale originated | 7,523 | -12,396 | -24,008 |
| Gain on sale of loans held for sale | -515 | 308 | 552 |
| Provision for (recovery of) credit losses | 309 | - | - |
| Increase in interest receivable | 102 | -234 | 224 |
| Increase (decrease) in other liabilities | - | 595 | -240 |
| Decrease in deferred tax asset | 80 | 0 | -80 |
| (increase) decrease in other assets | 2,654 | -1,122 | -307 |
| (decrease) increase in other liabilities | 3,527 | - | - |
| Amortization of limited partnership investments | -414 | 196 | 393 |
| Amortization of debt issuance costs | -21 | 4 | 21 |
| Income from life insurance investment | -212 | - | - |
| Gain on the sale of assets held for sale | 2 | - | - |
| Stock-based compensation expense | -209 | 114 | 194 |
| Net cash provided by operating activities | -8,881 | 7,035 | 7,546 |
| Proceeds from the sale of oreo | - | 0 | 150 |
| Proceeds from the sale of fixed assets | - | 0 | 0 |
| Purchases of investments available for sale | - | 0 | 40,863 |
| Proceeds from paydowns of investments available for sale | - | 5,576 | 12,761 |
| Proceeds from maturity of investments available for sale | -32,320 | 10,960 | 21,360 |
| Purchases of investments available for sale | 14,859 | - | - |
| Proceeds from paydowns of mortgage-backed securities | 8,893 | - | - |
| Investment in restricted stock, net | 45 | 0 | 5 |
| Net (increase) decrease loans held for investment | -23,328 | 24,594 | 9,543 |
| Proceeds from the sale of assets held for sale | 3 | - | - |
| Net purchase of property and equipment | 352 | 113 | 267 |
| Net cash provided by investing activities | 7,024 | -8,171 | -16,407 |
| Net change in deposits | - | 38,890 | 1,346 |
| Net change in short-term debt | - | 0 | 0 |
| Net change in deposits | 29,852 | - | - |
| Dividends paid in cash | -1,844 | 925 | 1,844 |
| Proceeds from issuance of common stock | -123 | 102 | 125 |
| Purchases of common stock | - | 269 | - |
| Repurchase of shares for tax withholding | 136 | - | - |
| Net cash provided by financing activities | -8,530 | 37,798 | -373 |
| Net increase in cash and cash equivalents | -10,387 | 36,662 | -9,234 |
| Cash and cash equivalents, beginning of period | 83,935 | 56,507 | - |
| Cash and cash equivalents, end of period | 85,894 | 83,935 | - |
F&M BANK CORP (FMBM)
F&M BANK CORP (FMBM)