F&M Bank Corp. Q1 2017 Financial Earnings

F&M Bank Corp. is pleased to announce that its first quarter earnings rounded out at $2.3 million. This represents an increase of 14.22% over first quarter of 2016. Loan and deposit growth were basically flat for the quarter which reflects typical first quarter results for the Bank. Our net interest margin at 4.39% has been stable over the last several quarters and continues to drive our extraordinary results. Non-performing assets ticked slightly higher compared to year end 2016, but are significantly below first quarter 2016.

F&M Bank Corp. is pleased to announce that its first quarter earnings rounded out at $2.3 million. This represents an increase of 14.22% over first quarter of 2016. Loan and deposit growth were basically flat for the quarter which reflects typical first quarter results for the Bank. Our net interest margin at 4.39% has been stable over the last several quarters and continues to drive our extraordinary results. Non-performing assets ticked slightly higher compared to year end 2016, but are significantly below first quarter 2016.