2023 Q3 Form 10-Q Financial Statement
#000165495423010721 Filed on August 14, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $14.62M | $13.62M | $10.01M |
YoY Change | 32.74% | 36.12% | 13.49% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $301.0K | $396.0K | $289.0K |
YoY Change | 7.5% | 37.02% | -9.69% |
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | $6.628M | $5.855M | $1.007M |
YoY Change | 252.37% | 481.43% | -5.8% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $974.0K | -$190.0K | $1.920M |
YoY Change | -61.67% | -109.9% | -47.28% |
Income Tax | -$44.00K | -$431.0K | $131.0K |
% Of Pretax Income | -4.52% | 6.82% | |
Net Earnings | $1.018M | $241.0K | $1.789M |
YoY Change | -55.82% | -86.53% | -44.44% |
Net Earnings / Revenue | 6.96% | 1.77% | 17.87% |
Basic Earnings Per Share | $0.51 | ||
Diluted Earnings Per Share | $0.29 | $0.07 | $0.51 |
COMMON SHARES | |||
Basic Shares Outstanding | 3.480M shares | 3.477M shares | 3.453M shares |
Diluted Shares Outstanding | 3.453M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $22.16M | $36.51M | $17.25M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $23.93M | $24.13M | $18.90M |
YoY Change | 26.38% | 27.68% | 8.43% |
Goodwill | $3.082M | $3.082M | $3.082M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $300.0K | ||
YoY Change | 0.0% | ||
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $1.282B | $1.278B | $1.232B |
YoY Change | 3.7% | 3.8% | 11.46% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $773.0K | $811.0K | $865.0K |
YoY Change | -17.24% | -6.24% | -21.36% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $60.00M | $47.00M | $30.00M |
YoY Change | 100.0% | 56.67% | |
Long-Term Debt Due | $6.922M | $6.911M | |
YoY Change | |||
Total Short-Term Liabilities | $773.0K | $811.0K | $865.0K |
YoY Change | -17.24% | -6.24% | -21.36% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $6.922M | $6.911M | $11.79M |
YoY Change | 0.63% | -41.37% | -62.35% |
Other Long-Term Liabilities | $13.79M | $15.15M | $16.74M |
YoY Change | -12.5% | -9.47% | -1.54% |
Total Long-Term Liabilities | $20.72M | $15.15M | $11.79M |
YoY Change | 201.15% | 28.55% | -62.35% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $773.0K | $811.0K | $865.0K |
Total Long-Term Liabilities | $20.72M | $15.15M | $11.79M |
Total Liabilities | $1.215B | $1.206B | $1.160B |
YoY Change | 3.79% | 4.02% | 15.41% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $81.48M | $81.37M | $80.88M |
YoY Change | -0.97% | 0.61% | 5.83% |
Common Stock | $17.25M | $28.05M | $27.47M |
YoY Change | -37.52% | 2.1% | 19.02% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $67.02M | $72.19M | $71.95M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.282B | $1.278B | $1.232B |
YoY Change | 3.7% | 3.8% | 11.46% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.018M | $241.0K | $1.789M |
YoY Change | -55.82% | -86.53% | -44.44% |
Depreciation, Depletion And Amortization | $301.0K | $396.0K | $289.0K |
YoY Change | 7.5% | 37.02% | -9.69% |
Cash From Operating Activities | $6.470M | $4.365M | $8.543M |
YoY Change | -38.35% | -48.91% | 241.72% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $108.0K | $4.583M | -$513.0K |
YoY Change | -135.64% | -993.37% | 366.36% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$29.68M | -$17.60M | -$46.24M |
YoY Change | 250.5% | -61.93% | -1683.66% |
Cash From Investing Activities | -$29.79M | -$22.19M | -$46.76M |
YoY Change | 239.62% | -52.55% | -1763.91% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 8.968M | 23.06M | 7.091M |
YoY Change | -20.88% | 225.13% | -90.79% |
NET CHANGE | |||
Cash From Operating Activities | 6.470M | 4.365M | 8.543M |
Cash From Investing Activities | -29.79M | -22.19M | -46.76M |
Cash From Financing Activities | 8.968M | 23.06M | 7.091M |
Net Change In Cash | -14.35M | 5.232M | -31.12M |
YoY Change | -209.87% | -116.81% | -137.82% |
FREE CASH FLOW | |||
Cash From Operating Activities | $6.470M | $4.365M | $8.543M |
Capital Expenditures | $108.0K | $4.583M | -$513.0K |
Free Cash Flow | $6.362M | -$218.0K | $9.056M |
YoY Change | -41.08% | -102.41% | 246.97% |
Facts In Submission
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us-gaap |
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CY2023Q2 | us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
66000 | usd |
CY2022Q2 | us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
14000 | usd |
CY2023Q2 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
2016000 | usd |
CY2022Q2 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
1970000 | usd |
CY2023Q2 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
13624000 | usd |
CY2022Q2 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
10009000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
5216000 | usd |
CY2022Q2 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
837000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
523000 | usd |
CY2022Q2 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
46000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
116000 | usd |
CY2022Q2 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
124000 | usd |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
5855000 | usd |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
1007000 | usd |
CY2023Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
7769000 | usd |
CY2022Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
9002000 | usd |
CY2023Q2 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
539000 | usd |
CY2022Q2 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
600000 | usd |
CY2023Q2 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
7230000 | usd |
CY2022Q2 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
8402000 | usd |
CY2023Q2 | fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
274000 | usd |
CY2022Q2 | fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
274000 | usd |
CY2023Q2 | fmbm |
Investment Services And Insurance Income
InvestmentServicesAndInsuranceIncome
|
355000 | usd |
CY2022Q2 | fmbm |
Investment Services And Insurance Income Net
InvestmentServicesAndInsuranceIncomeNet
|
453000 | usd |
CY2023Q2 | fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
543000 | usd |
CY2022Q2 | fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
1239000 | usd |
CY2023Q2 | fmbm |
Title Insurance Income
TitleInsuranceIncome
|
377000 | usd |
CY2022Q2 | fmbm |
Title Insurance Income
TitleInsuranceIncome
|
366000 | usd |
CY2023Q2 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
622000 | usd |
CY2022Q2 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
173000 | usd |
CY2023Q2 | fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-206000 | usd |
CY2022Q2 | fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-204000 | usd |
CY2023Q2 | fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
672000 | usd |
CY2022Q2 | fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
632000 | usd |
CY2023Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
0 | usd |
CY2022Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
-97000 | usd |
CY2023Q2 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
115000 | usd |
CY2022Q2 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
241000 | usd |
CY2023Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
2752000 | usd |
CY2022Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
3077000 | usd |
CY2023Q2 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
5019000 | usd |
CY2022Q2 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
4719000 | usd |
CY2023Q2 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1094000 | usd |
CY2022Q2 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1240000 | usd |
CY2023Q2 | us-gaap |
Occupancy Net
OccupancyNet
|
317000 | usd |
CY2022Q2 | us-gaap |
Occupancy Net
OccupancyNet
|
346000 | usd |
CY2023Q2 | us-gaap |
Equipment Expense
EquipmentExpense
|
456000 | usd |
CY2022Q2 | us-gaap |
Equipment Expense
EquipmentExpense
|
329000 | usd |
CY2023Q2 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
175000 | usd |
CY2022Q2 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
165000 | usd |
CY2023Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
276000 | usd |
CY2022Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
228000 | usd |
CY2023Q2 | us-gaap |
Legal Fees
LegalFees
|
538000 | usd |
CY2022Q2 | us-gaap |
Legal Fees
LegalFees
|
328000 | usd |
CY2023Q2 | fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
276000 | usd |
CY2022Q2 | fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
335000 | usd |
CY2023Q2 | fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
479000 | usd |
CY2022Q2 | fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
685000 | usd |
CY2023Q2 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
128000 | usd |
CY2022Q2 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
129000 | usd |
CY2023Q2 | fmbm |
Bank Franchise Tax
BankFranchiseTax
|
152000 | usd |
CY2022Q2 | fmbm |
Bank Franchise Tax
BankFranchiseTax
|
158000 | usd |
CY2023Q2 | us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
1262000 | usd |
CY2022Q2 | us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
897000 | usd |
CY2022Q2 | us-gaap |
Noninterest Expense
NoninterestExpense
|
9559000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-190000 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1920000 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
131000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
241000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1789000 | usd |
CY2023Q2 | fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
0.07 | |
CY2022Q2 | fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
0.5 | |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.26 | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.26 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3478304000 | shares |
us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
22371000 | usd | |
us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
15503000 | usd | |
us-gaap |
Interest And Fee Income Other Loans Held For Sale
InterestAndFeeIncomeOtherLoansHeldForSale
|
47000 | usd | |
us-gaap |
Interest And Fee Income Other Loans Held For Sale
InterestAndFeeIncomeOtherLoansHeldForSale
|
61000 | usd | |
us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
150000 | usd | |
us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
39000 | usd | |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
4029000 | usd | |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
3467000 | usd | |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
26597000 | usd | |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
19070000 | usd | |
us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
9258000 | usd | |
us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
1682000 | usd | |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
1515000 | usd | |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
46000 | usd | |
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
228000 | usd | |
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
283000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
11001000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
2011000 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
15596000 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
17059000 | usd | |
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
539000 | usd | |
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
150000 | usd | |
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
15057000 | usd | |
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
16909000 | usd | |
fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
499000 | usd | |
fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
581000 | usd | |
fmbm |
Investment Services And Insurance Income Net
InvestmentServicesAndInsuranceIncomeNet
|
862000 | usd | |
fmbm |
Investment Services And Insurance Income Net
InvestmentServicesAndInsuranceIncomeNet
|
704000 | usd | |
fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
1083000 | usd | |
fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
1981000 | usd | |
fmbm |
Title Insurance Income
TitleInsuranceIncome
|
625000 | usd | |
fmbm |
Title Insurance Income
TitleInsuranceIncome
|
839000 | usd | |
us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
801000 | usd | |
us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
344000 | usd | |
fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-411000 | usd | |
fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-408000 | usd | |
fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
1299000 | usd | |
fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
1195000 | usd | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
0 | usd | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
-97000 | usd | |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
360000 | usd | |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
421000 | usd | |
us-gaap |
Noninterest Income
NoninterestIncome
|
5118000 | usd | |
us-gaap |
Noninterest Income
NoninterestIncome
|
5560000 | usd | |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
9361000 | usd | |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
8356000 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
2137000 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
2528000 | usd | |
us-gaap |
Occupancy Net
OccupancyNet
|
652000 | usd | |
us-gaap |
Occupancy Net
OccupancyNet
|
686000 | usd | |
us-gaap |
Equipment Expense
EquipmentExpense
|
781000 | usd | |
us-gaap |
Equipment Expense
EquipmentExpense
|
624000 | usd | |
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
320000 | usd | |
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
281000 | usd | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
494000 | usd | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
406000 | usd | |
us-gaap |
Legal Fees
LegalFees
|
909000 | usd | |
us-gaap |
Legal Fees
LegalFees
|
651000 | usd | |
fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
595000 | usd | |
fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
633000 | usd | |
fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
1186000 | usd | |
fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
1586000 | usd | |
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
285000 | usd | |
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
293000 | usd | |
fmbm |
Bank Franchise Tax
BankFranchiseTax
|
320000 | usd | |
fmbm |
Bank Franchise Tax
BankFranchiseTax
|
332000 | usd | |
us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
2321000 | usd | |
us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
1733000 | usd | |
us-gaap |
Noninterest Expense
NoninterestExpense
|
19361000 | usd | |
us-gaap |
Noninterest Expense
NoninterestExpense
|
18109000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
814000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4360000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-482000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
43000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1296000 | usd | |
fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
0.37 | ||
fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
1.25 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.52 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.52 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3470501000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3443850000 | shares | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
241000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1789000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1296000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
4317000 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
90000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-21678000 | usd |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
3529000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-39727000 | usd | |
CY2023Q2 | fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
19000 | usd |
CY2022Q2 | fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
4552000 | usd |
fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
742000 | usd | |
fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
8342000 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
71000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-17126000 | usd |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
2787000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-31385000 | usd | |
CY2023Q2 | fmbm |
Reclassifications Adjustment For Losses Included In Net Income
ReclassificationsAdjustmentForLossesIncludedInNetIncome
|
0 | usd |
CY2022Q2 | fmbm |
Reclassifications Adjustment For Losses Included In Net Income
ReclassificationsAdjustmentForLossesIncludedInNetIncome
|
97000 | usd |
fmbm |
Reclassifications Adjustment For Losses Included In Net Income
ReclassificationsAdjustmentForLossesIncludedInNetIncome
|
0 | usd | |
fmbm |
Reclassifications Adjustment For Losses Included In Net Income
ReclassificationsAdjustmentForLossesIncludedInNetIncome
|
97000 | usd | |
CY2023Q2 | fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
0 | usd |
CY2022Q2 | fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
20000 | usd |
fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
0 | usd | |
fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
20000 | usd | |
CY2023Q2 | fmbm |
Other Comprehensive Income Debt Securities Available For Sale Realized Loss
OtherComprehensiveIncomeDebtSecuritiesAvailableForSaleRealizedLoss
|
0 | usd |
CY2022Q2 | fmbm |
Other Comprehensive Income Debt Securities Available For Sale Realized Loss
OtherComprehensiveIncomeDebtSecuritiesAvailableForSaleRealizedLoss
|
77000 | usd |
fmbm |
Other Comprehensive Income Debt Securities Available For Sale Realized Loss
OtherComprehensiveIncomeDebtSecuritiesAvailableForSaleRealizedLoss
|
0 | usd | |
fmbm |
Other Comprehensive Income Debt Securities Available For Sale Realized Loss
OtherComprehensiveIncomeDebtSecuritiesAvailableForSaleRealizedLoss
|
77000 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
71000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-17049000 | usd |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
312000 | usd |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-15260000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
4083000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-26991000 | usd | |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
87985000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1789000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-17049000 | usd |
CY2022Q2 | fmbm |
Dividend Common Stock
DividendCommonStock
|
897000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
64000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
58000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
71950000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
72635000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
241000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
71000 | usd |
CY2023Q2 | fmbm |
Dividend Common Stock
DividendCommonStock
|
903000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
82000 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
68000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
72194000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
100456000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
4317000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-31308000 | usd | |
fmbm |
Dividend Common Stock
DividendCommonStock
|
1789000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
144000 | usd | |
fmbm |
Vesting Of Time Based Stock Awards Issued At Date Of Grant Net Of Shares Withheld For Payroll Taxes
VestingOfTimeBasedStockAwardsIssuedAtDateOfGrantNetOfSharesWithheldForPayrollTaxes
|
56000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
74000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
71950000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1296000 | usd | |
us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-1203000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2787000 | usd | |
fmbm |
Dividend Common Stock
DividendCommonStock
|
1802000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
163000 | usd | |
fmbm |
Vesting Of Time Based Stock Awards Issued At Date Of Grant Net Of Shares Withheld For Payroll Taxes
VestingOfTimeBasedStockAwardsIssuedAtDateOfGrantNetOfSharesWithheldForPayrollTaxes
|
28000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
133000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
72194000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
1296000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
4317000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
665000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
562000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
15000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
19000 | usd | |
fmbm |
Amortization Of Securities
AmortizationOfSecurities
|
7148000 | usd | |
fmbm |
Amortization Of Securities
AmortizationOfSecurities
|
13690000 | usd | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
63681000 | usd | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
76909000 | usd | |
fmbm |
Loans Held For Sale Originated
LoansHeldForSaleOriginated
|
-61971000 | usd | |
fmbm |
Loans Held For Sale Originated
LoansHeldForSaleOriginated
|
-76266000 | usd | |
fmbm |
Gain On Sale Of Loans Held For Sale Originated
GainOnSaleOfLoansHeldForSaleOriginated
|
-1218000 | usd | |
fmbm |
Gain On Sale Of Loans Held For Sale Originated
GainOnSaleOfLoansHeldForSaleOriginated
|
-1205000 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
539000 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
150000 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-285000 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-450000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
2000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-253000 | usd | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-824000 | usd | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
0 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-3964000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
42000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-411000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1059000 | usd | |
fmbm |
Amortization Of Limited Partnership Investments
AmortizationOfLimitedPartnershipInvestments
|
411000 | usd | |
fmbm |
Amortization Of Limited Partnership Investments
AmortizationOfLimitedPartnershipInvestments
|
408000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
21000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
16000 | usd | |
fmbm |
Proceeds From Income From Life Insurance Investment
ProceedsFromIncomeFromLifeInsuranceInvestment
|
-438000 | usd | |
fmbm |
Proceeds From Income From Life Insurance Investment
ProceedsFromIncomeFromLifeInsuranceInvestment
|
-345000 | usd | |
fmbm |
Gain Loss On Life Insurance Investment
GainLossOnLifeInsuranceInvestment
|
-363000 | usd | |
fmbm |
Gain Loss On Life Insurance Investment
GainLossOnLifeInsuranceInvestment
|
0 | usd | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
0 | usd | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
97000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-36000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-10000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
133000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
74000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4401000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
18814000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
108057000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
3825000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
3000000 | usd | |
us-gaap |
Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
|
8699000 | usd | |
fmbm |
Proceeds From Investment In The Redemption Of Restricted Stock Net
ProceedsFromInvestmentInTheRedemptionOfRestrictedStockNet
|
964000 | usd | |
fmbm |
Proceeds From Investment In The Redemption Of Restricted Stock Net
ProceedsFromInvestmentInTheRedemptionOfRestrictedStockNet
|
-886000 | usd | |
fmbm |
Investment In Limited Partnership Investment
InvestmentInLimitedPartnershipInvestment
|
-150000 | usd | |
fmbm |
Investment In Limited Partnership Investment
InvestmentInLimitedPartnershipInvestment
|
0 | usd | |
fmbm |
Net Increase Decrease In Loans Held For Investment
NetIncreaseDecreaseInLoansHeldForInvestment
|
33167000 | usd | |
fmbm |
Net Increase Decrease In Loans Held For Investment
NetIncreaseDecreaseInLoansHeldForInvestment
|
28373000 | usd | |
us-gaap |
Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
|
1729000 | usd | |
us-gaap |
Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
93000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
27000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5267000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2417000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31973000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-128007000 | usd | |
us-gaap |
Proceeds From Other Deposits
ProceedsFromOtherDeposits
|
53735000 | usd | |
us-gaap |
Proceeds From Other Deposits
ProceedsFromOtherDeposits
|
19915000 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-23000000 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
30000000 | usd | |
fmbm |
Dividends Paid In Cash
DividendsPaidInCash
|
1802000 | usd | |
fmbm |
Dividends Paid In Cash
DividendsPaidInCash
|
1789000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
191000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
200000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
10000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
29124000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
38326000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1552000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-70867000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34953000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
88121000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36505000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
17254000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
10523000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2162000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
360000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
fmbm |
Change In Unrealized Loss On Securities Available For Sale Net
ChangeInUnrealizedLossOnSecuritiesAvailableForSaleNet
|
3529000 | usd | |
fmbm |
Change In Unrealized Loss On Securities Available For Sale Net
ChangeInUnrealizedLossOnSecuritiesAvailableForSaleNet
|
-39630000 | usd | |
fmbm |
Cumulative Effect Of The Adoption Of Asc326
CumulativeEffectOfTheAdoptionOfAsc326
|
1524000 | usd | |
fmbm |
Cumulative Effect Of The Adoption Of Asc326
CumulativeEffectOfTheAdoptionOfAsc326
|
0 | usd | |
us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
0 | usd | |
us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
197000 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The material estimate that is particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses.</p> | ||
CY2023Q2 | fmbm |
Gross Loans
GrossLoans
|
776867000 | usd |
CY2023Q2 | fmbm |
Less Deferred Loan Fees Net Of Costs
LessDeferredLoanFeesNetOfCosts
|
607000 | usd |
CY2023Q2 | fmbm |
Less Allowance For Credit Losses
LessAllowanceForCreditLosses
|
8769000 | usd |
CY2023Q2 | fmbm |
Loans Outstanding
LoansOutstanding
|
767491000 | usd |
CY2022Q4 | fmbm |
Gross Loans
GrossLoans
|
744174000 | usd |
CY2022Q4 | fmbm |
Less Deferred Loan Fees Net Of Costs
LessDeferredLoanFeesNetOfCosts
|
570000 | usd |
CY2022Q4 | fmbm |
Less Allowance For Credit Losses
LessAllowanceForCreditLosses
|
7936000 | usd |
CY2022Q4 | fmbm |
Loans Outstanding
LoansOutstanding
|
735668000 | usd |
CY2023Q2 | fmbm |
Pledged Loans
PledgedLoans
|
247100000 | usd |
CY2022Q4 | fmbm |
Pledged Loans
PledgedLoans
|
209800000 | usd |
CY2023Q2 | fmbm |
Deferred Loan Fees Net Of Costs Non Accruel Loans
DeferredLoanFeesNetOfCostsNonAccruelLoans
|
1968000 | usd |
CY2023Q2 | fmbm |
Gross Loans Net Of Costs Non Accruel Loans
GrossLoansNetOfCostsNonAccruelLoans
|
770072000 | usd |
CY2023Q2 | fmbm |
Gross Loans Net Of Costs Total Loan Receivable
GrossLoansNetOfCostsTotalLoanReceivable
|
776867000 | usd |
CY2023Q2 | fmbm |
Deferred Loan Fees Net Of Costs Current
DeferredLoanFeesNetOfCostsCurrent
|
-607000 | usd |
CY2023Q2 | fmbm |
Less Deferred Loan Fees Net Of Costs Aggregate Loan Receivable
LessDeferredLoanFeesNetOfCostsAggregateLoanReceivable
|
-607000 | usd |
CY2022Q4 | fmbm |
Deferred Loan Fees Net Of Costs Current
DeferredLoanFeesNetOfCostsCurrent
|
-570000 | usd |
CY2022Q4 | fmbm |
Less Deferred Loan Fees Net Of Costs Aggregate Loan Receivable
LessDeferredLoanFeesNetOfCostsAggregateLoanReceivable
|
-570000 | usd |
CY2023Q2 | us-gaap |
Net Investment In Lease Nonaccrual
NetInvestmentInLeaseNonaccrual
|
2000000.0 | usd |
CY2022Q4 | us-gaap |
Net Investment In Lease Nonaccrual
NetInvestmentInLeaseNonaccrual
|
2200000 | usd |
us-gaap |
Revenues
Revenues
|
66000 | usd | |
us-gaap |
Revenues
Revenues
|
54000 | usd | |
CY2023Q2 | us-gaap |
Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
|
607000 | usd |
CY2023Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
776260000 | usd |
fmbm |
Impairment Description
ImpairmentDescription
|
The Company individually assessed for impairment all substandard loans greater than $500 thousand and all troubled debt restructurings | ||
CY2023Q2 | fmbm |
Notes And Loans Receivable Net Current Amount1
NotesAndLoansReceivableNetCurrentAmount1
|
204000 | usd |
CY2023Q2 | fmbm |
Payment Status Due Under Eighty Nine Days
PaymentStatusDueUnderEightyNineDays
|
17000 | usd |
CY2023Q2 | fmbm |
Unfunded Loan Commitments
UnfundedLoanCommitments
|
719000 | usd |
CY2023Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
2000000.0 | usd |