F & M Bank Corp. (FMBM)

F & M Bank Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	57.16	55.93	54.88	48.05	34.37	32.56
Interest Income on Investments	11.82	11.82	9.61	8.37	7.77	3.02
Total Interest Income	68.98	67.75	64.48	56.41	42.14	35.58
Interest Paid on Deposits	24.87	25.62	28.23	21.22	5.74	3.34
Interest Paid on Borrowings	0.6	0.6	2.33	3.49	1.51	0.97
Total Interest Expense	25.47	26.22	30.55	24.71	7.25	4.3
Net Interest Income	43.51	41.53	33.93	31.71	34.89	31.27
Net Interest Income Growth (YoY)	23.45%	22.38%	7.02%	-9.14%	11.58%	0.68%
Trust Income	2.24	2.24	2.18	1.72	-	-
Mortgage Banking Activities	1.94	1.94	2.49	1.97	3.02	4.65
Gain (Loss) on Sale of Investments	-0.69	-0.69	-0.79	-0.59	0.12	-1.39
Other Non-Interest Income	6.44	6.39	5.69	5.98	7.09	6.91
Total Non-Interest Income	11.22	11.17	10.77	10.12	11.29	11.31
Non-Interest Income Growth (YoY)	-0.51%	3.76%	6.42%	-10.41%	-0.12%	-7.40%
Revenues Before Loan Losses	54.73	52.7	44.7	41.82	46.19	42.58
Provision for Loan Losses	3.11	2.7	2.34	1.03	0.87	-2.82
Revenue	51.62	50	42.36	40.8	45.32	45.4
Revenue Growth (YoY)	14.42%	18.04%	3.82%	-9.98%	-0.18%	13.58%
Salaries and Employee Benefits	18.56	18.56	17.88	22.5	21.07	17.93
Federal Deposit Insurance	0.94	0.94	1.04	0.79	0.56	0.41
Selling, General & Administrative	9.95	9.95	8.79	9.28	9.37	8
Other Non-Interest Expense	8.36	7.57	6.72	6.2	5.46	6.83
Total Non-Interest Expense	37.81	37.02	34.43	38.77	36.52	33.17
EBT Excluding Unusual Items	13.81	12.98	7.92	2.03	8.8	12.23
Asset Writedown	-	-	-	-	-	-0.17
Pretax Income	13.81	12.98	7.92	2.03	8.8	12.06
Income Tax Expense	1.81	1.75	0.64	-0.75	0.48	1.32
Earnings From Continuing Operations	12	11.23	7.29	2.77	8.32	10.74
Net Income	12	11.23	7.29	2.77	8.32	10.74
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.2
Net Income to Common	12	11.23	7.29	2.77	8.32	10.54
Net Income Growth	40.74%	54.14%	162.90%	-66.69%	-22.54%	22.19%
Basic Shares Outstanding	4	4	4	3	3	3
Diluted Shares Outstanding	4	4	4	3	3	3
Shares Change (YoY)	1.11%	1.15%	1.04%	0.78%	0.21%	0.39%
EPS (Basic)	3.37	3.16	2.07	0.80	2.41	3.25
EPS (Diluted)	3.37	3.16	2.07	0.80	2.41	3.12
EPS Growth	39.20%	52.39%	160.20%	-66.94%	-22.70%	21.71%
Dividend Per Share	0.780	1.040	1.040	1.040	1.040	1.040
Dividend Growth	-25.00%	-	-	-	-	-
Effective Tax Rate	13.12%	13.47%	8.05%	-	5.46%	10.97%

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