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51

F&M Bank Provided $60M in PPP Loans for 600 Local Businesses

F&M Bank announced today that it has processed more than 600 loans totaling approximately $60 million under the Small Business Administrationโ€™s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving numerous jobs within the Shenandoah Valley. The average loan size was approximately $95K as of May 26, 2020. The […]

53

F&M Bank Announces Officer Promotions

F&M Bank and its Board of Directors would like to congratulate the following individuals on their Officer promotions effective January 24, 2020. Bank Officer: Ann Kirtley, Elkton Branch Coordinator Carrie Grimes, Timberville Branch Coordinator Christy Trail, Woodstock Branch Coordinator Emily Rhodes, Credit Analyst Mary Pavlovskaya, Business Deposit Services Officer Teri Hasley, Deposit Operations Manager Assistant […]

54

F & M Bank Corp. Announces Dividend

F & M Bank Corp. (OTCQX:FMBM), parent company of Farmers & Merchants Bank, announces its recently declared third quarter dividend. Mark Hanna, President, commented “On January 24, 2020, our Board of Directors declared a fourth quarter dividend of $0.26 per share. Based on our most recent trade price of $28.13 per share, this dividend constitutes […]

55

Anne Keeler and Lindsay King Named to F&M Board

ย    F&M Bank is excited to announce the appointment of Anne Keeler (pictured left) to the F&M Bank Board of Directors and Lindsay King (pictured right) to the F&M Bank Harrisonburg-Rockingham Community Board. Anne Keeler is the Vice President for Finance and Treasurer at Bridgewater College. She earned her Bachelor of Science from Virginia […]

56

Jean Estep Retires After 66 Years of Service

Please, join F&M Bank in celebrating Jean Estep on her retirement effective December 31, 2019. Jean joined F&M Bank in 1953 as a teller and worked her way through the ranks. In 1973 she was promoted to Assistant Cashier, Assistant Vice President in 1975, Vice President in 1978, and in 2008 she transitioned into an […]

57

F&M Bank Adds to Business Development Team

F&M Bank is pleased to announce the promotion of Mary Pavlovskaya to Business Deposit Services Officer. Since 2011, Mary has served in a variety of roles at F&M Bank: retail, back office, and compliance. Her well-rounded experience in the banking industry is an asset as she transitions to a commercial role. โ€œI am excited to […]

58

F&M Bank Corp. Announces Third Quarter Earnings

F & M Bank Corp. (OTCQX:FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the third quarter ending September 30, 2019. Selected highlights for the quarter include: Net loss of $186,000 due mainly to a $3.3 million increase in the Provision for Loan Losses over the third quarter of 2018; Net […]

59

F&M Bank Corp. Announces Second Quarter Earnings

F & M Bank Corp. (OTCQX:FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the second quarter ending June 30, 2019. Selected highlights for the quarter include: Net income of $1.63 million; Net interest margin of 4.47% for the quarter and 4.57% YTD; Net interest income increased $208,000; Non-Interest Income increased […]

60

First Quarter 2019 Earnings and Dividends

F & M Bank Corp. Announces First Quarter Earnings and Dividend Press Releaseย |ย 04/29/2019 TIMBERVILLE, VA / ACCESSWIRE / April 29, 2019 /ย F & M Bank Corp. (OTCQX: FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the first quarter ending March 31, 2019. Selected highlights for the quarter include: Net income […]