Financial insights of FMBM

MyFinsight

For the quarter ending 2025-09-30.

Income Statement	2025-09-30	2025-06-30
Interest and fees on loans held for investment	14,130	13,971
Interest and fees on loans held for sale	3	20
Interest from money market funds and federal funds sold	468	385
Interest and dividends on interest bearing deposits and other investments	59	58
Interest from securities available for sale	2,398	2,378
Total interest and dividend income	17,052	16,812
Total interest on deposits	6,399	6,168
Interest on short-term debt	0	1
Interest on long-term debt	158	116
Total interest expense	6,557	6,285
Net interest income	10,495	10,527
Provision for credit losses - loans	595	1,082
(recovery of) provision for credit losses - unfunded commitments	-56	105
Total provision for credit losses	539	1,187
Net interest income after provision for credit losses	9,956	9,340
Service charges on deposit accounts	347	307
Wealth management income	498	560
Mortgage banking income	426	358
Title insurance income	520	584
Income on bank-owned life insurance	160	215
Low income housing partnership amortization	-196	-196
Atm and check card fees	884	875
Other operating income	95	89
Total noninterest income	2,734	2,792
Salaries	4,084	3,704
Employee benefits	939	923
Occupancy expense	362	387
Equipment expense	290	298
Fdic assessment	221	246
Legal and professional expense	547	527
Atm and check card fees	384	229
Data processing fees	914	855
Other operating expenses	1,580	1,543
Total noninterest expense	9,321	8,712
Income before income taxes	3,369	3,420
Income tax expense (benefit)	445	455
Net income	2,924	2,965

Diluted EPS	0.82	0.84
Diluted Average Shares	3,558,868	3,564,133

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.