F&M BANK CORP: directors' dealings · United States · SEC (Form 4)

About F&M BANK CORP

F&M Bank Corp. (ticker FMBM) is a U.S.-based financial holding company with a long-standing community banking franchise. Headquartered in Timberville, Virginia, the company traces its roots back to 1908, when it was founded as a community venture to serve farmers and merchants in the Shenandoah Valley. That heritage still defines the group’s strategy today: local decision-making, relationship banking, and a strong connection to the agricultural and small-business economy of its core markets. The company is listed on the OTCQX market in recent filings rather than on the NYSE or NASDAQ, and it is incorporated and operating in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/740806/000165495425008661/fmbm_ex991.htm?utm_source=openai)) At the operating level, F&M Bank Corp. is primarily a regional commercial bank. Through its subsidiary Farmers & Merchants Bank (F&M Bank), it offers a broad range of banking and financial services to individuals, businesses, farmers, and nonprofit organizations. Its core activities include deposit gathering, commercial lending, consumer lending, agricultural lending, treasury services, and digital banking solutions. This community-banking model is complemented by specialized subsidiaries such as F&M Mortgage, which focuses on residential mortgage lending, and VSTitle, which provides title insurance and real estate settlement services. Some company materials also reference TEB Life Insurance Company, through which the group reinsures credit life and accident-and-health insurance, adding a modest non-interest income stream. ([sec.gov](https://www.sec.gov/Archives/edgar/data/740806/000165495425008661/fmbm_ex991.htm?utm_source=openai)) Geographically, the business remains highly concentrated in Virginia, with branches in Rockingham, Shenandoah, and Augusta counties, plus the cities of Winchester and Waynesboro. That limited footprint is a strategic choice: it allows the bank to deepen client relationships, maintain local credit discipline, and compete effectively against larger national institutions by emphasizing service quality and community involvement. The company describes itself as the only publicly traded organization based in Rockingham County, which reinforces its local identity and brand relevance. In competitive terms, F&M Bank Corp. is best viewed as a small-to-mid-sized community bank rather than a diversified national lender, with its strengths lying in trust, proximity, and conservative franchise management. ([sec.gov](https://www.sec.gov/Archives/edgar/data/740806/000165495425008661/fmbm_ex991.htm?utm_source=openai)) Recent developments suggest steady operating momentum. In January 2026, the company reported record full-year 2025 earnings, with net income increasing materially versus 2024 and balance sheet metrics showing continued expansion in assets, loans, and deposits. For investors, this underscores a business that is still fundamentally driven by traditional banking spreads, credit quality, and local market share gains rather than by rapid geographic expansion. The investment case is therefore that of a defensive U.S. regional bank with a narrow but durable franchise, serving a defined rural and semi-rural market base from its Virginia headquarters. ([ir.fmbankva.com](https://ir.fmbankva.com/news-market-data/press-releases/news-details/2026/FM-Bank-Corp--Reports-Fourth-Quarter-And-Year-end-Results-For-2025-Including-Record-Earnings-For-The-Year/default.aspx?utm_source=openai))