F & M Bank Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	68.85	56.96	23.72	34.95	88.12
Investment Securities	119.22	153.53	224.34	246.66	229.57
Trading Asset Securities	0.06	0.06	0.08	0.19	0.12
Mortgage-Backed Securities	226.31	174.95	145.07	156.88	183.65
Total Investments	345.59	328.54	369.49	403.72	413.33
Gross Loans	886.81	840.69	822.76	744.17	662.42
Allowance for Loan Losses	-7.82	-8.13	-8.32	-7.94	-7.75
Other Adjustments to Gross Loans	-0.56	-0.74	-0.67	-0.57	-
Net Loans	878.44	831.82	813.77	735.67	654.67
Property, Plant & Equipment	22.47	22.75	24.37	20.45	18
Goodwill	3.08	3.08	3.08	3.08	3.08
Loans Held for Sale	3.19	2.28	1.12	1.37	4.89
Accrued Interest Receivable	5.12	4.94	5.03	4	3.12
Other Current Assets	-	-	-	-	0.3
Long-Term Deferred Tax Assets	6.98	9.47	10.14	12.24	2.88
Other Real Estate Owned & Foreclosed	-	0.08	0.06	-	-
Other Long-Term Assets	39.12	41.18	40.12	30.42	30.95
Total Assets	1,374	1,302	1,295	1,246	1,219
Interest Bearing Deposits	798.41	803	737.08	632.38	625.9
Institutional Deposits	167.4	131.8	131.9	157.4	173.4
Non-Interest Bearing Deposits	279.4	260.3	264.25	293.6	280.99
Total Deposits	1,245	1,195	1,133	1,083	1,080
Short-Term Borrowings	-	-	60.02	70.09	0.26
Current Portion of Leases	0.11	-	-	-	-
Long-Term Debt	9.92	6.98	6.93	6.89	11.77
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	10
Long-Term Leases	0.77	0.59	0.73	0.89	0.96
Other Long-Term Liabilities	12.97	13.2	15.35	13.87	15.6
Total Liabilities	1,269	1,216	1,216	1,175	1,119
Common Stock	17.44	17.38	17.26	17.15	17.07
Additional Paid-In Capital	11.74	11.46	11.04	10.58	10.13
Retained Earnings	92.21	84.67	81.03	83.08	78.35
Comprehensive Income & Other	-16.6	-27.38	-31.02	-40.01	-5.09
Total Common Equity	104.79	86.14	78.32	70.79	100.46
Shareholders' Equity	104.79	86.14	78.32	70.79	100.46
Total Liabilities & Equity	1,374	1,302	1,295	1,246	1,219
Total Debt	10.79	7.56	67.69	77.87	22.99
Net Cash (Debt)	58.12	49.46	-43.89	-42.73	65.25
Net Cash Growth	17.52%	-	-	-	44.66%
Net Cash Per Share	16.36	14.08	-12.63	-12.39	18.96
Filing Date Shares Outstanding	3.56	3.53	3.48	3.46	3.42
Total Common Shares Outstanding	3.56	3.53	3.49	3.46	3.41
Book Value Per Share	29.46	24.43	22.47	20.48	29.42
Tangible Book Value	101.71	83.06	75.24	67.71	97.37
Tangible Book Value Per Share	28.59	23.56	21.59	19.59	28.52

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