For the quarter ending 2025-09-30, FMBM made $36,458K in revenue. $2,924K in net income. Net profit margin of 8.02%.
| 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 | ||
| Net income (basic and diluted) | 0.82 | 0.84 | ||
| Weighted average common shares outstanding (basic and diluted) | 3,558,868 | 3,564,133 | ||
F&M BANK CORP (FMBM)
F&M BANK CORP (FMBM)