F & M Bank Corp. (FMBM)

F & M Bank Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	60.32	23.72	34.95	88.12	78.41	75.8
Investment Securities	224.23	228.7	246.66	229.57	44.13	17.7
Trading Asset Securities	0.05	0.08	0.19	0.12	0.82	0.07
Mortgage-Backed Securities	156.43	145.07	156.88	183.65	73.77	0.32
Total Investments	380.7	373.86	403.72	413.33	118.72	18.09
Gross Loans	831.4	822.76	744.17	662.42	661.33	603.43
Allowance for Loan Losses	-8.03	-8.32	-7.94	-7.75	-10.48	-8.39
Other Adjustments to Gross Loans	-0.68	-0.67	-0.57	-	-	-
Net Loans	822.69	813.77	735.67	654.67	650.85	595.04
Property, Plant & Equipment	23.06	24.35	20.45	18	18.75	19.84
Goodwill	3.08	3.08	3.08	3.08	2.88	2.88
Loans Held for Sale	2.33	1.12	1.37	4.89	58.68	66.8
Accrued Interest Receivable	5.07	5.03	4	3.12	2.73	2.04
Other Current Assets	-	-	-	0.3	0.52	-
Long-Term Deferred Tax Assets	-	10.14	12.24	2.88	2.8	2.19
Other Real Estate Owned & Foreclosed	-	0.06	-	-	-	1.49
Other Long-Term Assets	45.74	35.78	30.42	30.95	32.59	29.83
Total Assets	1,345	1,295	1,246	1,219	966.93	814
Interest Bearing Deposits	947.51	737.08	632.38	625.9	402.45	427.15
Institutional Deposits	-	131.9	157.4	173.4	179.22	45.85
Non-Interest Bearing Deposits	270.78	264.25	293.6	280.99	236.92	168.72
Total Deposits	1,218	1,133	1,083	1,080	818.58	641.71
Short-Term Borrowings	15	60.02	70.09	0.26	0.06	10
Current Portion of Long-Term Debt	-	-	-	-	0.19	-
Current Portion of Leases	0.05	0.16	-	-	-	-
Long-Term Debt	6.97	6.93	6.89	11.77	11.74	0
Federal Home Loan Bank Debt, Long-Term	-	-	-	10	21.27	53.2
Long-Term Leases	0.58	0.57	0.89	0.96	0.86	0.92
Other Long-Term Liabilities	13.72	15.35	13.87	15.6	18.6	16.6
Total Liabilities	1,255	1,216	1,175	1,119	871.3	722.42
Preferred Stock, Convertible	-	-	-	-	4.56	4.59
Common Stock	17.36	17.26	17.15	17.07	16.02	16.04
Additional Paid-In Capital	11.29	11.04	10.58	10.13	6.87	7.51
Retained Earnings	83.32	81.03	83.08	78.35	71.21	66.01
Comprehensive Income & Other	-21.97	-31.02	-40.01	-5.09	-3.02	-3.21
Total Common Equity	89.99	78.32	70.79	100.46	91.07	86.35
Minority Interest	-	-	-	-	-	0.63
Shareholders' Equity	89.99	78.32	70.79	100.46	95.63	91.58
Total Liabilities & Equity	1,345	1,295	1,246	1,219	966.93	814
Total Debt	22.59	67.69	77.87	22.99	34.12	64.12
Net Cash (Debt)	37.78	-43.89	-42.73	65.25	45.11	11.76
Net Cash Growth	-	-	-	44.66%	283.61%	-
Net Cash Per Share	10.79	-12.63	-12.39	18.96	13.15	3.40
Filing Date Shares Outstanding	3.52	3.48	3.46	3.42	3.2	3.19
Total Common Shares Outstanding	3.52	3.49	3.46	3.41	3.2	3.21
Book Value Per Share	25.56	22.47	20.48	29.42	28.43	26.91
Tangible Book Value	86.91	75.24	67.71	97.37	88.19	83.47
Tangible Book Value Per Share	24.69	21.59	19.59	28.52	27.53	26.01

Source: S&P Capital IQ. Banks template. Financial Sources.