F & M Bank Corp. (the “Company” or “we”) incorporated in Virginia in 1983, is a one bank holding company under the Bank Holding Company Act of 1956 that has elected to become a financial holding company. The Company owns 100% of the outstanding stock of its banking subsidiary, Farmers & Merchants Bank (“Bank”) and a majority interest in VSTitle, LLC (“VST”). TEB Life Insurance Company (“TEB”) and Farmers & Merchants Financial Services Inc. (“FMFS”) are wholly owned subsidiaries of the Bank. The Bank also holds a majority ownership in VBS Mortgage, LLC (DBA F&M Mortgage “F&M Mortgage”).
Company profile
Ticker
FMBM
Exchange
Website
CEO
Mark C. Hanna
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
VSTitle, LLC ...
IRS number
541280811
FMBM stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Other Events
7 Nov 23
8-K
F&M Bank Corp. Reports Year-to-date and Third Quarter 2023 Results and Quarterly Dividend
1 Nov 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
1 Aug 23
8-K
Results of Operations and Financial Condition
27 Jul 23
DEF 14A
Definitive proxy
6 Jul 23
ARS
2023 FY
Annual report to shareholders
6 Jul 23
10-Q
2023 Q1
Quarterly report
15 May 23
8-K/A
Results of Operations and Financial Condition
3 May 23
Latest ownership filings
4
John A. Willingham
1 Dec 23
4/A
John A. Willingham
1 Dec 23
4/A
John A. Willingham
1 Dec 23
4
Christopher S. Runion
1 Dec 23
4
DEAN W WITHERS
30 Nov 23
4
Aubrey M. Wilkerson
28 Nov 23
4
DEAN W WITHERS
24 Nov 23
4
John A. Willingham
16 Nov 23
4
DEAN W WITHERS
16 Nov 23
4
John A. Willingham
16 Nov 23
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 22.16 mm | 22.16 mm | 22.16 mm | 22.16 mm | 22.16 mm | 22.16 mm |
| Cash burn (monthly) | 4.78 mm | 679.50 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 10.32 mm | 1.47 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 11.83 mm | 20.69 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.5 | 30.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
3.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 3.06 bn |
| Total shares | 133.91 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Cutler Capital Management | 133.91 k | $3.06 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Dec 23 | John A Willingham | Common Stock | Buy | Acquire P | No | No | 15.4005 | 250 | 3.85 k | 11,402 |
| 29 Nov 23 | Withers Dean W | Common Stock | Buy | Acquire P | No | No | 15.44 | 500 | 7.72 k | 11,999 |
| 28 Nov 23 | Christopher S. Runion | Common Stock | Buy | Acquire P | Yes | No | 15.7499 | 85 | 1.34 k | 763.44 |
| 27 Nov 23 | Christopher S. Runion | Common Stock | Buy | Acquire P | Yes | No | 16.25 | 60 | 975.00 | 678.44 |
| 22 Nov 23 | Withers Dean W | Common Stock | Buy | Acquire P | No | No | 16.25 | 100 | 1.63 k | 11,499 |
| 16 Nov 23 | Christopher S. Runion | Common Stock | Buy | Acquire P | Yes | No | 16.8999 | 100 | 1.69 k | 618.44 |
| 10 Nov 23 | Lisa F Campbell | Common Stock | Buy | Acquire P | No | No | 16.95 | 11.799 | 200.00 | 64.856 |