F & M Bank Corp. (FMBM)

F & M Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	57.42	54.88	48.05	34.37	32.56	35.41
Interest Income on Investments	9.61	9.61	8.37	7.77	3.02	1.38
Total Interest Income	67.03	64.48	56.41	42.14	35.58	36.79
Interest Paid on Deposits	25.12	28.23	21.22	5.74	3.34	4.62
Interest Paid on Borrowings	2.33	2.33	3.49	1.51	0.97	1.11
Total Interest Expense	27.45	30.55	24.71	7.25	4.3	5.73
Net Interest Income	39.58	33.93	31.71	34.89	31.27	31.06
Net Interest Income Growth (YoY)	20.18%	7.02%	-9.14%	11.58%	0.68%	-1.04%
Trust Income	2.18	2.18	1.72	-	-	-
Mortgage Banking Activities	2.49	2.49	1.97	3.02	4.65	6.15
Gain (Loss) on Sale of Investments	-0.79	-0.79	-0.59	0.12	-1.39	-0.89
Other Non-Interest Income	5.97	5.69	5.98	7.09	6.91	5.76
Total Non-Interest Income	11.05	10.77	10.12	11.29	11.31	12.21
Non-Interest Income Growth (YoY)	4.38%	6.42%	-10.41%	-0.12%	-7.40%	23.09%
Revenues Before Loan Losses	50.62	44.7	41.82	46.19	42.58	43.27
Provision for Loan Losses	2.7	2.34	1.03	0.87	-2.82	3.3
Revenue	47.93	42.36	40.8	45.32	45.4	39.97
Revenue Growth (YoY)	13.09%	3.82%	-9.98%	-0.18%	13.58%	17.89%
Salaries and Employee Benefits	17.88	17.88	22.5	21.07	17.93	16.04
Federal Deposit Insurance	1.04	1.04	0.79	0.56	0.41	0.38
Selling, General & Administrative	9.47	9.47	9.28	9.37	8	6.75
Other Non-Interest Expense	7.37	6.07	6.2	5.46	6.83	6.41
Total Non-Interest Expense	35.73	34.43	38.77	36.52	33.17	29.92
EBT Excluding Unusual Items	12.19	7.92	2.03	8.8	12.23	10.05
Asset Writedown	-	-	-	-	-0.17	-0.02
Pretax Income	12.19	7.92	2.03	8.8	12.06	10.04
Income Tax Expense	1.59	0.64	-0.75	0.48	1.32	1.14
Earnings From Continuing Operations	10.6	7.29	2.77	8.32	10.74	8.89
Minority Interest in Earnings	-	-	-	-	-	-0.11
Net Income	10.6	7.29	2.77	8.32	10.74	8.79
Preferred Dividends & Other Adjustments	-	-	-	-	0.2	0.26
Net Income to Common	10.6	7.29	2.77	8.32	10.54	8.53
Net Income Growth	93.38%	162.90%	-66.69%	-22.54%	22.19%	94.90%
Basic Shares Outstanding	4	4	3	3	3	3
Diluted Shares Outstanding	4	4	3	3	3	3
Shares Change (YoY)	1.19%	1.04%	0.78%	0.21%	0.39%	-0.91%
EPS (Basic)	2.99	2.07	0.80	2.41	3.25	2.66
EPS (Diluted)	2.98	2.07	0.80	2.41	3.12	2.56
EPS Growth	90.69%	160.20%	-66.94%	-22.70%	21.71%	96.69%
Dividend Per Share	0.260	1.040	1.040	1.040	1.040	1.040
Dividend Growth	-75.00%	-	-	-	-	0.97%
Effective Tax Rate	13.06%	8.05%	-	5.46%	10.97%	11.38%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.