2023 Q4 Form 10-Q Financial Statement
#000165495423014253 Filed on November 14, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
Revenue | $14.62M | $11.01M | |
YoY Change | 32.74% | 21.61% | |
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 | $367.0K | $301.0K | $280.0K |
YoY Change | 32.49% | 7.5% | -9.68% |
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | $6.628M | $1.881M | |
YoY Change | 252.37% | 72.73% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $237.0K | $974.0K | $2.541M |
YoY Change | -87.51% | -61.67% | -4.33% |
Income Tax | -$220.0K | -$44.00K | $237.0K |
% Of Pretax Income | -92.83% | -4.52% | 9.33% |
Net Earnings | $457.0K | $1.018M | $2.304M |
YoY Change | -73.07% | -55.82% | -1.41% |
Net Earnings / Revenue | 6.96% | 20.92% | |
Basic Earnings Per Share | $0.67 | ||
Diluted Earnings Per Share | $0.13 | $0.29 | $0.67 |
COMMON SHARES | |||
Basic Shares Outstanding | 3.482M shares | 3.480M shares | 3.453M shares |
Diluted Shares Outstanding | 3.454M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $392.4M | ||
YoY Change | -8.14% | ||
Cash & Equivalents | $23.72M | $22.16M | $30.31M |
Short-Term Investments | $368.7M | ||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $5.034M | ||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $23.64M | $23.93M | $18.93M |
YoY Change | 20.67% | 26.38% | 10.12% |
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 | $1.295B | $1.282B | $1.237B |
YoY Change | 3.91% | 3.7% | 5.64% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $3.600M | $773.0K | $934.0K |
YoY Change | 5.88% | -17.24% | -6.6% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $60.00M | $60.00M | $30.00M |
YoY Change | -14.29% | 100.0% | |
Long-Term Debt Due | $6.932M | $6.922M | |
YoY Change | 0.61% | ||
Total Short-Term Liabilities | $733.0K | $773.0K | $934.0K |
YoY Change | -17.27% | -17.24% | -6.6% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $6.932M | $6.922M | $6.879M |
YoY Change | 0.61% | 0.63% | -68.39% |
Other Long-Term Liabilities | $16.11M | $13.79M | $15.77M |
YoY Change | 15.39% | -12.5% | -0.85% |
Total Long-Term Liabilities | $23.04M | $20.72M | $6.879M |
YoY Change | 234.35% | 201.15% | -68.39% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $733.0K | $773.0K | $934.0K |
Total Long-Term Liabilities | $23.04M | $20.72M | $6.879M |
Total Liabilities | $1.216B | $1.215B | $1.171B |
YoY Change | 3.5% | 3.79% | 9.54% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $81.03M | $81.48M | $82.28M |
YoY Change | -2.46% | -0.97% | 5.68% |
Common Stock | $17.26M | $17.25M | $27.60M |
YoY Change | -37.74% | -37.52% | 19.12% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $72.64M | $67.02M | $65.68M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.295B | $1.282B | $1.237B |
YoY Change | 3.91% | 3.7% | 5.64% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $457.0K | $1.018M | $2.304M |
YoY Change | -73.07% | -55.82% | -1.41% |
Depreciation, Depletion And Amortization | $367.0K | $301.0K | $280.0K |
YoY Change | 32.49% | 7.5% | -9.68% |
Cash From Operating Activities | -$8.474M | $6.470M | $10.49M |
YoY Change | -179.97% | -38.35% | 36.64% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $78.00K | $108.0K | -$303.0K |
YoY Change | -91.54% | -135.64% | 44.29% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $11.64M | -$29.68M | -$8.467M |
YoY Change | -214.25% | 250.5% | -89.07% |
Cash From Investing Activities | $11.56M | -$29.79M | -$8.770M |
YoY Change | -204.06% | 239.62% | -88.71% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.524M | 8.968M | 11.33M |
YoY Change | -129.59% | -20.88% | -82.45% |
NET CHANGE | |||
Cash From Operating Activities | -8.474M | 6.470M | 10.49M |
Cash From Investing Activities | 11.56M | -29.79M | -8.770M |
Cash From Financing Activities | -1.524M | 8.968M | 11.33M |
Net Change In Cash | 1.559M | -14.35M | 13.06M |
YoY Change | -66.41% | -209.87% | -340.04% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$8.474M | $6.470M | $10.49M |
Capital Expenditures | $78.00K | $108.0K | -$303.0K |
Free Cash Flow | -$8.552M | $6.362M | $10.80M |
YoY Change | -188.4% | -41.08% | 36.84% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
1400000 | usd |
CY2023Q3 | fmbm |
Accrued Interest Receivable
AccruedInterestReceivable
|
3200000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
161000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
54702000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
372339000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
443300000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
104000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
51309000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
392095000 | usd |
CY2023Q3 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
0 | usd | |
CY2023Q3 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
0 | usd | |
CY2023Q3 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd | |
CY2023Q3 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd | |
CY2022Q3 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
0 | usd | |
CY2022Q3 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
97000 | usd | |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-97000 | usd | |
CY2022Q3 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
8699000 | usd | |
CY2023Q3 | fmbm |
Fair Value Of Securities Less Than Twelve Months
FairValueOfSecuritiesLessThanTwelveMonths
|
7105000 | usd |
CY2023Q3 | fmbm |
Unrealized Losses Of Securities Less Than Twelve Months
UnrealizedLossesOfSecuritiesLessThanTwelveMonths
|
920000 | usd |
CY2023Q3 | fmbm |
Unrealized Losses Of Securities More Than Twelve Months
UnrealizedLossesOfSecuritiesMoreThanTwelveMonths
|
53782000 | usd |
CY2023Q3 | fmbm |
Fair Value Total
FairValueTotal
|
367142000 | usd |
CY2023Q3 | fmbm |
Unrealized Losses Of Securities Total
UnrealizedLossesOfSecuritiesTotal
|
54702000 | usd |
CY2022Q4 | fmbm |
Fair Value Of Securities Less Than Twelve Months
FairValueOfSecuritiesLessThanTwelveMonths
|
94451000 | usd |
CY2022Q4 | fmbm |
Unrealized Losses Of Securities Less Than Twelve Months
UnrealizedLossesOfSecuritiesLessThanTwelveMonths
|
7498000 | usd |
CY2022Q4 | fmbm |
Fair Value Of Securities More Than Twelve Months
FairValueOfSecuritiesMoreThanTwelveMonths
|
291803000 | usd |
CY2022Q4 | fmbm |
Unrealized Losses Of Securities More Than Twelve Months
UnrealizedLossesOfSecuritiesMoreThanTwelveMonths
|
43811000 | usd |
CY2022Q4 | fmbm |
Fair Value Total
FairValueTotal
|
386254000 | usd |
CY2022Q4 | fmbm |
Unrealized Losses Of Securities Total
UnrealizedLossesOfSecuritiesTotal
|
51309000 | usd |
us-gaap |
Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
|
96 | shares | |
CY2023Q3 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
|
529 | shares |
fmbm |
During Period Value Unrecognized Compensation Expense
DuringPeriodValueUnrecognizedCompensationExpense
|
638000 | usd | |
CY2023Q3 | fmbm |
Totalamountofconductedbusinessatsecondarymortgageloanmarkets Unpaid Primcipal
TotalamountofconductedbusinessatsecondarymortgageloanmarketsUnpaidPrimcipal
|
2000000.0 | usd |
fmbm |
Defined Benefit Plan Service Costs
DefinedBenefitPlanServiceCosts
|
570000 | usd | |
CY2023Q3 | fmbm |
Defined Benefit Plan Interest Costs
DefinedBenefitPlanInterestCosts
|
92000 | usd |
CY2022Q3 | fmbm |
Defined Benefit Plan Interest Costs
DefinedBenefitPlanInterestCosts
|
104000 | usd |
fmbm |
Defined Benefit Plan Interest Costs
DefinedBenefitPlanInterestCosts
|
276000 | usd | |
fmbm |
Defined Benefit Plan Interest Costs
DefinedBenefitPlanInterestCosts
|
312000 | usd | |
CY2023Q3 | fmbm |
Expected Return On Plan Assets
ExpectedReturnOnPlanAssets
|
-130000 | usd |
fmbm |
Expected Return On Plan Assets
ExpectedReturnOnPlanAssets
|
-390000 | usd | |
CY2022Q3 | fmbm |
Amortization Of Prior Service Cost
AmortizationOfPriorServiceCost
|
-195000 | usd |
fmbm |
Amortization Of Prior Service Cost
AmortizationOfPriorServiceCost
|
-585000 | usd | |
CY2022Q3 | fmbm |
Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax1
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax1
|
58000 | usd |
fmbm |
Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax1
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax1
|
174000 | usd | |
CY2023Q3 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-38000 | usd |
CY2022Q3 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
157000 | usd |
us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-114000 | usd | |
us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
471000 | usd | |
CY2023Q3 | fmbm |
Us Agency Securities
USAgencySecurities
|
131614000 | usd |
CY2023Q3 | fmbm |
Municipal Bonds
MunicipalBonds
|
36323000 | usd |
CY2023Q3 | us-gaap |
Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
|
141719000 | usd |
CY2023Q3 | fmbm |
Corporate Debt Securities
CorporateDebtSecurities
|
25677000 | usd |
CY2023Q3 | fmbm |
Irlc
IRLC
|
122000 | usd |
CY2023Q3 | fmbm |
Forward Sales Commitments
ForwardSalesCommitments
|
21000 | usd |
CY2023Q3 | fmbm |
Assets At Fair Value
AssetsAtFairValue
|
374509 | usd |
CY2022Q4 | fmbm |
Loans Held For Sale
LoansHeldForSale
|
1373000 | usd |
CY2022Q4 | fmbm |
Us Treasury Securities
USTreasurySecurities
|
36643000 | usd |
CY2022Q4 | fmbm |
Us Agency Securities
USAgencySecurities
|
129748000 | usd |
CY2022Q4 | fmbm |
Municipal Bonds
MunicipalBonds
|
42198000 | usd |
CY2022Q4 | us-gaap |
Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
|
156875000 | usd |
CY2022Q4 | fmbm |
Corporate Debt Securities
CorporateDebtSecurities
|
26631000 | usd |
CY2022Q4 | fmbm |
Forward Sales Commitments
ForwardSalesCommitments
|
186000 | usd |
CY2022Q4 | fmbm |
Assets At Fair Value
AssetsAtFairValue
|
393654000 | usd |
CY2022Q4 | fmbm |
Irlc
IRLC
|
92000 | usd |
CY2022Q4 | fmbm |
Total Fair Value Of Liabilities
TotalFairValueOfLiabilities
|
92000 | usd |
CY2023Q3 | fmbm |
Collateral Dependent Loans With An Aclfairvaluedisclosurenonrecurring
CollateralDependentLoansWithAnAclfairvaluedisclosurenonrecurring
|
293 | usd |
CY2022Q4 | fmbm |
Impairedloans Fair Value Disclosure Non Recurring
ImpairedloansFairValueDisclosureNonRecurring
|
2590000 | usd |
CY2023Q3 | fmbm |
Operating Lease Liability Amount
OperatingLeaseLiabilityAmount
|
773000 | usd |
CY2022Q4 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
70000000.0 | usd |
CY2023Q3 | us-gaap |
Subordinated Long Term Debt
SubordinatedLongTermDebt
|
6900000 | usd |
CY2023Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
2527000 | usd |
CY2022Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
2282000 | usd |
us-gaap |
Noninterest Income
NoninterestIncome
|
7645000 | usd | |
us-gaap |
Noninterest Income
NoninterestIncome
|
7842000 | usd | |
CY2023Q3 | fmbm |
Lessee Operating Lease Liability Payments Due Next Rolling Nine Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingNineMonths
|
44000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
166000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
122000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
69000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
|
56000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
|
462000 | usd |
CY2023Q3 | fmbm |
Lessee Operating Lease Liability Payments Due Amount
LesseeOperatingLeaseLiabilityPaymentsDueAmount
|
919000 | usd |
CY2023Q3 | fmbm |
Operating Lease Liability Imputed Interest
OperatingLeaseLiabilityImputedInterest
|
146000 | usd |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000740806 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
5 | |
CY2022Q4 | fmbm |
Common Stock Shares Designated
CommonStockSharesDesignated
|
200000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
6000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3482217 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3456237 | shares |
CY2023Q3 | fmbm |
Gross Loans Net Of Costs3059 Days Past Due
GrossLoansNetOfCosts3059DaysPastDue
|
4678 | usd |
CY2023Q3 | fmbm |
Gross Loans Net Of Costs6089 Days Past Due
GrossLoansNetOfCosts6089DaysPastDue
|
256 | usd |
CY2023Q3 | fmbm |
Gross Loans Net Of Costs Greater Than90 Days
GrossLoansNetOfCostsGreaterThan90Days
|
29 | usd |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-09-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
000-13273 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
F&M BANK CORP. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
VA | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
54-1280811 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
P. O. Box 1111 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Timberville | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
VA | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
22853 | ||
dei |
City Area Code
CityAreaCode
|
540 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
896-8941 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
dei |
Security12b Title
Security12bTitle
|
Common Stock, par value ‑ $5 per share | ||
CY2023Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
3482373 | shares |
CY2023Q3 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
17391000 | usd |
CY2022Q4 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
17926000 | usd |
CY2023Q3 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
184000 | usd |
CY2022Q4 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
687000 | usd |
CY2023Q3 | us-gaap |
Federal Funds Sold
FederalFundsSold
|
4583000 | usd |
CY2022Q4 | us-gaap |
Federal Funds Sold
FederalFundsSold
|
16340000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22158000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34953000 | usd |
CY2023Q3 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
113000 | usd |
CY2022Q4 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
112000 | usd |
CY2023Q3 | fmbm |
Held To Maturity Securities Amortised Cost
HeldToMaturitySecuritiesAmortisedCost
|
125000 | usd |
CY2022Q4 | fmbm |
Held To Maturity Securities Amortised Cost
HeldToMaturitySecuritiesAmortisedCost
|
125000 | usd |
CY2023Q3 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
0 | usd |
CY2022Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
0 | usd |
CY2023Q3 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
125000 | usd |
CY2022Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
125000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
372339000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
392095000 | usd |
CY2023Q3 | us-gaap |
Other Investments
OtherInvestments
|
11038000 | usd |
CY2022Q4 | us-gaap |
Other Investments
OtherInvestments
|
11317000 | usd |
CY2023Q3 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
2027000 | usd |
CY2022Q4 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
1373000 | usd |
CY2023Q3 | fmbm |
Loans Held For Investment Net Of Deferred Fees And Costs
LoansHeldForInvestmentNetOfDeferredFeesAndCosts
|
805602000 | usd |
CY2022Q4 | fmbm |
Loans Held For Investment Net Of Deferred Fees And Costs
LoansHeldForInvestmentNetOfDeferredFeesAndCosts
|
743604000 | usd |
CY2023Q3 | fmbm |
Loans And Leases Receivables Allowance
LoansAndLeasesReceivablesAllowance
|
9166000 | usd |
CY2022Q4 | fmbm |
Loans And Leases Receivables Allowance
LoansAndLeasesReceivablesAllowance
|
-7936000 | usd |
CY2023Q3 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
796436000 | usd |
CY2022Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
735668000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
23927000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
19587000 | usd |
CY2023Q3 | us-gaap |
Interest Receivable
InterestReceivable
|
4645000 | usd |
CY2022Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
3995000 | usd |
CY2023Q3 | us-gaap |
Goodwill
Goodwill
|
3082000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
3082000 | usd |
CY2023Q3 | us-gaap |
Bank Owned Life Insurance
BankOwnedLifeInsurance
|
22705000 | usd |
CY2022Q4 | us-gaap |
Bank Owned Life Insurance
BankOwnedLifeInsurance
|
23554000 | usd |
CY2023Q3 | us-gaap |
Other Assets
OtherAssets
|
23937000 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
20153000 | usd |
CY2023Q3 | us-gaap |
Assets
Assets
|
1282419000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
1245902000 | usd |
CY2023Q3 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
277219000 | usd |
CY2022Q4 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
293596000 | usd |
CY2023Q3 | us-gaap |
Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
|
856691000 | usd |
CY2022Q4 | us-gaap |
Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
|
789781000 | usd |
CY2023Q3 | us-gaap |
Deposits
Deposits
|
1133910000 | usd |
CY2022Q4 | us-gaap |
Deposits
Deposits
|
1083377000 | usd |
CY2023Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
60000000 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
70000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
6922000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
6890000 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
14567000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
14843000 | usd |
CY2023Q3 | us-gaap |
Liabilities
Liabilities
|
1215399000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
1175110000 | usd |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
5 | |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
6000000 | shares |
CY2023Q3 | fmbm |
Common Stock Shares Designated
CommonStockSharesDesignated
|
200000 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3482217 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3456237 | shares |
CY2023Q3 | fmbm |
Common Stock Unvested Restricted Shares
CommonStockUnvestedRestrictedShares
|
32957 | shares |
CY2022Q4 | fmbm |
Common Stock Unvested Restricted Shares
CommonStockUnvestedRestrictedShares
|
26456 | shares |
CY2023Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
17246000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
17149000 | usd |
CY2023Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
10941000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
10577000 | usd |
CY2023Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
81481000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
83078000 | usd |
CY2023Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-42648000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-40012000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
67020000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
70792000 | usd |
CY2023Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1282419000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1245902000 | usd |
CY2023Q3 | us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
12525000 | usd |
CY2022Q3 | us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
8881000 | usd |
CY2023Q3 | us-gaap |
Interest And Fee Income Other Loans Held For Sale
InterestAndFeeIncomeOtherLoansHeldForSale
|
19000 | usd |
CY2022Q3 | us-gaap |
Interest And Fee Income Other Loans Held For Sale
InterestAndFeeIncomeOtherLoansHeldForSale
|
29000 | usd |
CY2023Q3 | us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
68000 | usd |
CY2022Q3 | us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
48000 | usd |
CY2023Q3 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
2005000 | usd |
CY2022Q3 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
2054000 | usd |
CY2023Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
14617000 | usd |
CY2022Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
11012000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
5811000 | usd |
CY2022Q3 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
1378000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
702000 | usd |
CY2022Q3 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
158000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
115000 | usd |
CY2022Q3 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
345000 | usd |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
6628000 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
1881000 | usd |
CY2023Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
7989000 | usd |
CY2022Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
9131000 | usd |
CY2023Q3 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
620000 | usd |
CY2022Q3 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
0 | usd |
CY2023Q3 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
7369000 | usd |
CY2022Q3 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
9131000 | usd |
CY2023Q3 | fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
256000 | usd |
CY2022Q3 | fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
255000 | usd |
CY2023Q3 | fmbm |
Investment Services And Insurance Income
InvestmentServicesAndInsuranceIncome
|
374000 | usd |
CY2022Q3 | fmbm |
Investment Services And Insurance Income
InvestmentServicesAndInsuranceIncome
|
316000 | usd |
CY2023Q3 | fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
536000 | usd |
CY2022Q3 | fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
666000 | usd |
CY2023Q3 | fmbm |
Title Insurance Income
TitleInsuranceIncome
|
444000 | usd |
CY2022Q3 | fmbm |
Title Insurance Income
TitleInsuranceIncome
|
376000 | usd |
CY2023Q3 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
181000 | usd |
CY2022Q3 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
178000 | usd |
CY2023Q3 | fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-205000 | usd |
CY2022Q3 | fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-205000 | usd |
CY2023Q3 | fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
672000 | usd |
CY2022Q3 | fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
628000 | usd |
CY2023Q3 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
269000 | usd |
CY2022Q3 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
68000 | usd |
CY2023Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
2527000 | usd |
CY2022Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
2282000 | usd |
CY2023Q3 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
4210000 | usd |
CY2022Q3 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
4334000 | usd |
CY2023Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
907000 | usd |
CY2022Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1184000 | usd |
CY2023Q3 | us-gaap |
Occupancy Net
OccupancyNet
|
371000 | usd |
CY2022Q3 | us-gaap |
Occupancy Net
OccupancyNet
|
342000 | usd |
CY2023Q3 | us-gaap |
Equipment Expense
EquipmentExpense
|
357000 | usd |
CY2022Q3 | us-gaap |
Equipment Expense
EquipmentExpense
|
294000 | usd |
CY2023Q3 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
225000 | usd |
CY2022Q3 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
215000 | usd |
CY2023Q3 | fmbm |
Oreo Expenses
OreoExpenses
|
0 | usd |
CY2022Q3 | fmbm |
Oreo Expenses
OreoExpenses
|
59000 | usd |
CY2023Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
259000 | usd |
CY2022Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
193000 | usd |
CY2023Q3 | us-gaap |
Legal Fees
LegalFees
|
326000 | usd |
CY2022Q3 | us-gaap |
Legal Fees
LegalFees
|
294000 | usd |
CY2023Q3 | fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
-349000 | usd |
CY2022Q3 | fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
-321000 | usd |
CY2023Q3 | fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
551000 | usd |
CY2022Q3 | fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
619000 | usd |
CY2023Q3 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
124000 | usd |
CY2022Q3 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
131000 | usd |
CY2023Q3 | fmbm |
Bank Franchise Tax
BankFranchiseTax
|
129000 | usd |
CY2022Q3 | fmbm |
Bank Franchise Tax
BankFranchiseTax
|
124000 | usd |
CY2023Q3 | us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
1114000 | usd |
CY2022Q3 | us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
762000 | usd |
CY2023Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
8922000 | usd |
CY2022Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
8872000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
974000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2541000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-44000 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
237000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1018000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2304000 | usd |
CY2023Q3 | fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
0.29 | |
CY2022Q3 | fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
0.67 | |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.26 | |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.26 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3480670000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3453767000 | shares |
us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
34896000 | usd | |
us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
24384000 | usd | |
us-gaap |
Interest And Fee Income Other Loans Held For Sale
InterestAndFeeIncomeOtherLoansHeldForSale
|
66000 | usd | |
us-gaap |
Interest And Fee Income Other Loans Held For Sale
InterestAndFeeIncomeOtherLoansHeldForSale
|
90000 | usd | |
us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
218000 | usd | |
us-gaap |
Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
|
87000 | usd | |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
6034000 | usd | |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
5521000 | usd | |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
41214000 | usd | |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
30082000 | usd | |
us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
15069000 | usd | |
us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
3060000 | usd | |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
2217000 | usd | |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
204000 | usd | |
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
343000 | usd | |
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
628000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
17629000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
3892000 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
23585000 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
26190000 | usd | |
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
1159000 | usd | |
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
150000 | usd | |
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
22426000 | usd | |
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
26040000 | usd | |
fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
755000 | usd | |
fmbm |
Service Charges On Deposits
ServiceChargesOnDeposits
|
836000 | usd | |
fmbm |
Investment Services And Insurance Income
InvestmentServicesAndInsuranceIncome
|
1236000 | usd | |
fmbm |
Investment Services And Insurance Income
InvestmentServicesAndInsuranceIncome
|
1020000 | usd | |
fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
1619000 | usd | |
fmbm |
Mortgage Banking Income
MortgageBankingIncome
|
2647000 | usd | |
fmbm |
Title Insurance Income
TitleInsuranceIncome
|
1069000 | usd | |
fmbm |
Title Insurance Income
TitleInsuranceIncome
|
1215000 | usd | |
us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
982000 | usd | |
us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
522000 | usd | |
fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-616000 | usd | |
fmbm |
Low Income Housing Partnership Losses
LowIncomeHousingPartnershipLosses
|
-613000 | usd | |
fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
1971000 | usd | |
fmbm |
Atm And Check Card Fee Non Interest Income
AtmAndCheckCardFeeNonInterestIncome
|
1823000 | 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
|
629000 | usd | |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
489000 | usd | |
us-gaap |
Noninterest Income
NoninterestIncome
|
7645000 | usd | |
us-gaap |
Noninterest Income
NoninterestIncome
|
7842000 | usd | |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
13571000 | usd | |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
12690000 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
3044000 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
3712000 | usd | |
us-gaap |
Occupancy Net
OccupancyNet
|
1023000 | usd | |
us-gaap |
Occupancy Net
OccupancyNet
|
1028000 | usd | |
us-gaap |
Equipment Expense
EquipmentExpense
|
1138000 | usd | |
us-gaap |
Equipment Expense
EquipmentExpense
|
918000 | usd | |
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
545000 | usd | |
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
496000 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
|
0 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
|
59000 | usd | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
753000 | usd | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
599000 | usd | |
us-gaap |
Legal Fees
LegalFees
|
1235000 | usd | |
us-gaap |
Legal Fees
LegalFees
|
945000 | usd | |
fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
-944000 | usd | |
fmbm |
Atm And Check Card Fees
AtmAndCheckCardFees
|
-954000 | usd | |
fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
1926000 | usd | |
fmbm |
Telecommunication And Data Processing Expense
TelecommunicationAndDataProcessingExpense
|
2205000 | usd | |
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
409000 | usd | |
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
424000 | usd | |
fmbm |
Bank Franchise Tax
BankFranchiseTax
|
449000 | usd | |
fmbm |
Bank Franchise Tax
BankFranchiseTax
|
456000 | usd | |
us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
3246000 | usd | |
us-gaap |
Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
|
2495000 | usd | |
us-gaap |
Noninterest Expense
NoninterestExpense
|
28283000 | usd | |
us-gaap |
Noninterest Expense
NoninterestExpense
|
26981000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1788000 | usd | |
fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
1.92 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6901000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-526000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
280000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2314000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6621000 | usd | |
fmbm |
Earnings Per Share Basics And Diluted
EarningsPerShareBasicsAndDiluted
|
0.67 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.78 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.78 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3473911000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3447470000 | shares | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1018000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2304000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2314000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6621000 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-6865000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-9879000 | usd |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-3337000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-49606000 | usd | |
CY2023Q3 | fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
1442000 | usd |
CY2022Q3 | fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
2075000 | usd |
fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
701000 | usd | |
fmbm |
Other Comprehensive Loss Income Tax Effect
OtherComprehensiveLossIncomeTaxEffect
|
10417000 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-5423000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-7804000 | usd |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-2636000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-39189000 | usd | |
CY2023Q3 | fmbm |
Reclassifications Adjustment For Losses Included In Net Income
ReclassificationsAdjustmentForLossesIncludedInNetIncome
|
0 | usd |
CY2022Q3 | fmbm |
Reclassifications Adjustment For Losses Included In Net Income
ReclassificationsAdjustmentForLossesIncludedInNetIncome
|
0 | 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 | |
CY2023Q3 | fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
0 | usd |
CY2022Q3 | fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
0 | usd |
fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
0 | usd | |
fmbm |
Other Comprehensive Loss Income Tax Effects
OtherComprehensiveLossIncomeTaxEffects
|
20000 | usd | |
CY2023Q3 | fmbm |
Other Comprehensive Income Debt Securities Available For Sale Realized Loss
OtherComprehensiveIncomeDebtSecuritiesAvailableForSaleRealizedLoss
|
0 | usd |
CY2022Q3 | 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
|
0 | usd | |
fmbm |
Other Comprehensive Income Debt Securities Available For Sale Realized Loss
OtherComprehensiveIncomeDebtSecuritiesAvailableForSaleRealizedLoss
|
77000 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-5423000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7804000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2636000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-39112000 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4405000 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5500000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-322000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-32491000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
71950000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2304000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7804000 | usd |
CY2022Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
903000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
69000 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
61000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
65677000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
72194000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1018000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-5423000 | usd |
CY2023Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
906000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
76000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
61000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
67020000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
100456000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
29292000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6621000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-39112000 | usd | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
2692000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
213000 | 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
|
135000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
65677000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
70792000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2314000 | 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
|
-2636000 | usd | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
2708000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
239000 | 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
|
194000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
67020000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-2314000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-6621000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
958000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
833000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
23000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
28000 | usd | |
fmbm |
Amortization Of Securities
AmortizationOfSecurities
|
11594000 | usd | |
fmbm |
Amortization Of Securities
AmortizationOfSecurities
|
19173000 | usd | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
93872000 | usd | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
116448000 | usd | |
fmbm |
Loans Held For Sale Originated
LoansHeldForSaleOriginated
|
-92677000 | usd | |
fmbm |
Loans Held For Sale Originated
LoansHeldForSaleOriginated
|
-112954000 | usd | |
fmbm |
Gain On Sale Of Loans Held For Sale Originated
GainOnSaleOfLoansHeldForSaleOriginated
|
1849000 | usd | |
fmbm |
Gain On Sale Of Loans Held For Sale Originated
GainOnSaleOfLoansHeldForSaleOriginated
|
1917000 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
1159000 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
150000 | usd | |
us-gaap |
Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
|
650000 | usd | |
us-gaap |
Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
|
543000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
1000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-9179000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
2691000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-1039000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1025000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-9244000 | usd | |
fmbm |
Amortization Of Limited Partnership Investments
AmortizationOfLimitedPartnershipInvestments
|
616000 | usd | |
fmbm |
Amortization Of Limited Partnership Investments
AmortizationOfLimitedPartnershipInvestments
|
613000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
32000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
107000 | usd | |
fmbm |
Proceeds From Income From Life Insurance Investment
ProceedsFromIncomeFromLifeInsuranceInvestment
|
-612000 | usd | |
fmbm |
Proceeds From Income From Life Insurance Investment
ProceedsFromIncomeFromLifeInsuranceInvestment
|
-522000 | usd | |
fmbm |
Gain Loss On Life Insurance Investment
GainLossOnLifeInsuranceInvestment
|
370000 | 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
|
16000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
10000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
194000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
135000 | usd | |
fmbm |
Gain Loss On Sale And Valuation Adjustments For Other Real Estate Owned And Bank Premises Held For Sale
GainLossOnSaleAndValuationAdjustmentsForOtherRealEstateOwnedAndBankPremisesHeldForSale
|
0 | usd | |
fmbm |
Gain Loss On Sale And Valuation Adjustments For Other Real Estate Owned And Bank Premises Held For Sale
GainLossOnSaleAndValuationAdjustmentsForOtherRealEstateOwnedAndBankPremisesHeldForSale
|
-59000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
10871000 | 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
|
4825000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
4000000 | usd | |
us-gaap |
Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
|
8699000 | usd | |
us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
137000 | usd | |
us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
891000 | usd | |
fmbm |
Investment In Limited Partnership Investment
InvestmentInLimitedPartnershipInvestment
|
-200000 | usd | |
fmbm |
Investment In Limited Partnership Investment
InvestmentInLimitedPartnershipInvestment
|
-220000 | usd | |
fmbm |
Net Increase Decrease In Loans Held For Investment
NetIncreaseDecreaseInLoansHeldForInvestment
|
62702000 | usd | |
fmbm |
Net Increase Decrease In Loans Held For Investment
NetIncreaseDecreaseInLoansHeldForInvestment
|
37753000 | usd | |
us-gaap |
Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
|
1738000 | 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
|
5375000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2720000 | usd | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
138000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-61758000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-136777000 | usd | |
us-gaap |
Proceeds From Other Deposits
ProceedsFromOtherDeposits
|
50533000 | usd | |
us-gaap |
Proceeds From Other Deposits
ProceedsFromOtherDeposits
|
37099000 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-10000000 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
30000000 | usd | |
fmbm |
Dividends Paid In Cash
DividendsPaidInCash
|
2708000 | usd | |
fmbm |
Dividends Paid In Cash
DividendsPaidInCash
|
2692000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
267000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
269000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
15000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
38092000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
49676000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-12795000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-57809000 | 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 |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22158000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30312000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
16709000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
4031000 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
360000 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd | |
fmbm |
Change In Unrealized Loss On Securities Available For Sale Net
ChangeInUnrealizedLossOnSecuritiesAvailableForSaleNet
|
3337000 | usd | |
fmbm |
Change In Unrealized Loss On Securities Available For Sale Net
ChangeInUnrealizedLossOnSecuritiesAvailableForSaleNet
|
-49509000 | 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 | |
CY2023Q3 | fmbm |
Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax1
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax1
|
0 | usd |
fmbm |
Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax1
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax1
|
0 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; 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> | ||
fmbm |
Credit Loss On Loans Increase
CreditLossOnLoansIncrease
|
777000 | usd | |
fmbm |
Increase In Allowance For Unfunded Loan Commitments
IncreaseInAllowanceForUnfundedLoanCommitments
|
747000 | usd | |
CY2023Q1 | fmbm |
Net Decrease To Retained Earnings
NetDecreaseToRetainedEarnings
|
1200000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
426880000 | usd |
CY2022Q3 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
CY2023Q3 | fmbm |
Fair Value Of Securities More Than Twelve Months
FairValueOfSecuritiesMoreThanTwelveMonths
|
360037000 | usd |
CY2023Q3 | fmbm |
Gross Loans
GrossLoans
|
806248000 | usd |
CY2023Q3 | fmbm |
Unamortized Net Deferred Loan Fees
UnamortizedNetDeferredLoanFees
|
646000 | usd |
CY2023Q3 | fmbm |
Less Allowance For Credit Losses
LessAllowanceForCreditLosses
|
9166000 | usd |
CY2023Q3 | fmbm |
Loans Outstanding
LoansOutstanding
|
796436000 | usd |
CY2022Q4 | fmbm |
Gross Loans
GrossLoans
|
744174000 | usd |
CY2022Q4 | fmbm |
Unamortized Net Deferred Loan Fees
UnamortizedNetDeferredLoanFees
|
-570000 | usd |
CY2022Q4 | fmbm |
Less Allowance For Credit Losses
LessAllowanceForCreditLosses
|
7936000 | usd |
CY2022Q4 | fmbm |
Loans Outstanding
LoansOutstanding
|
735668000 | usd |
CY2023Q3 | fmbm |
Pledged Loans
PledgedLoans
|
27150000 | usd |
CY2022Q4 | fmbm |
Pledged Loans
PledgedLoans
|
20980000 | usd |
CY2023Q3 | fmbm |
Gross Loans Net Of Costs Non Accruel Loans
GrossLoansNetOfCostsNonAccruelLoans
|
3557000 | usd |
CY2023Q3 | fmbm |
Less Deferred Loan Fees Net Of Costs Current
LessDeferredLoanFeesNetOfCostsCurrent
|
797728 | usd |
CY2023Q3 | fmbm |
Gross Loans Net Of Costs Total Loan Receivable
GrossLoansNetOfCostsTotalLoanReceivable
|
806248000 | usd |
CY2023Q3 | fmbm |
Deferred Loan Fees Net Of Costs Thirty To Fifty Nine Days Past Due
DeferredLoanFeesNetOfCostsThirtyToFiftyNineDaysPastDue
|
0 | usd |
CY2023Q3 | fmbm |
Deferred Loan Fees Net Of Costs Sixty To Enghty Nine Days Past Due
DeferredLoanFeesNetOfCostsSixtyToEnghtyNineDaysPastDue
|
0 | usd |
CY2023Q3 | fmbm |
Deferred Loan Fees Net Of Costs Greater Than Ninety Days
DeferredLoanFeesNetOfCostsGreaterThanNinetyDays
|
0 | usd |
CY2023Q3 | fmbm |
Deferred Loan Fees Net Of Costs Non Accruel Loans
DeferredLoanFeesNetOfCostsNonAccruelLoans
|
0 | usd |
CY2023Q3 | fmbm |
Deferred Loan Fees Net Of Costs Current
DeferredLoanFeesNetOfCostsCurrent
|
-646000 | usd |
CY2023Q3 | fmbm |
Less Deferred Loan Fees Net Of Costs Aggregate Loan Receivable
LessDeferredLoanFeesNetOfCostsAggregateLoanReceivable
|
-646000 | usd |
CY2022Q4 | fmbm |
Deferred Loan Fees Net Of Costs Thirty To Fifty Nine Days Past Due
DeferredLoanFeesNetOfCostsThirtyToFiftyNineDaysPastDue
|
0 | usd |
CY2022Q4 | fmbm |
Deferred Loan Fees Net Of Costs Sixty To Enghty Nine Days Past Due
DeferredLoanFeesNetOfCostsSixtyToEnghtyNineDaysPastDue
|
0 | usd |
CY2022Q4 | fmbm |
Deferred Loan Fees Net Of Costs Greater Than Ninety Days
DeferredLoanFeesNetOfCostsGreaterThanNinetyDays
|
0 | usd |
CY2022Q4 | fmbm |
Deferred Loan Fees Net Of Costs Non Accruel Loans
DeferredLoanFeesNetOfCostsNonAccruelLoans
|
0 | 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 |
CY2023Q3 | us-gaap |
Net Investment In Lease Nonaccrual
NetInvestmentInLeaseNonaccrual
|
3600000 | usd |
CY2022Q4 | us-gaap |
Net Investment In Lease Nonaccrual
NetInvestmentInLeaseNonaccrual
|
2200000 | usd |
us-gaap |
Revenues
Revenues
|
162000 | usd | |
us-gaap |
Revenues
Revenues
|
103000000 | usd | |
CY2023Q3 | us-gaap |
Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
|
646000 | usd |
CY2023Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
805602000 | usd |
fmbm |
Impairment Description
ImpairmentDescription
|
The Company individually assessed for impairment all substandard loans greater than $500,000 and all troubled debt restructurings | ||
CY2023Q3 | fmbm |
Notes And Loans Receivable Net Current Amount1
NotesAndLoansReceivableNetCurrentAmount1
|
37000 | usd |
CY2023Q3 | fmbm |
Payment Status Due Under Eighty Nine Days
PaymentStatusDueUnderEightyNineDays
|
16000 | usd |
CY2023Q3 | fmbm |
Unfunded Loan Commitments
UnfundedLoanCommitments
|
749000 | usd |
CY2023Q3 | fmbm |
Total Amount Of Conducted Business At Secondary Mortgage Loan Markets
TotalAmountOfConductedBusinessAtSecondaryMortgageLoanMarkets
|
2000000.0 | usd |
CY2023Q3 | fmbm |
Defined Benefit Plan Service Costs
DefinedBenefitPlanServiceCosts
|
0 | usd |
CY2022Q3 | fmbm |
Defined Benefit Plan Service Costs
DefinedBenefitPlanServiceCosts
|
190000 | usd |
fmbm |
Defined Benefit Plan Service Costs
DefinedBenefitPlanServiceCosts
|
0 | usd | |
CY2022Q3 | fmbm |
Expected Return On Plan Assets
ExpectedReturnOnPlanAssets
|
0 | usd |
fmbm |
Expected Return On Plan Assets
ExpectedReturnOnPlanAssets
|
0 | usd | |
CY2023Q3 | fmbm |
Amortization Of Prior Service Cost
AmortizationOfPriorServiceCost
|
0 | usd |
fmbm |
Amortization Of Prior Service Cost
AmortizationOfPriorServiceCost
|
0 | usd | |
fmbm |
Stocksharevested
Stocksharevested
|
6974 | shares | |
CY2023Q3 | fmbm |
Loans Held For Sale
LoansHeldForSale
|
2027000 | usd |
CY2023Q3 | fmbm |
Us Treasury Securities
USTreasurySecurities
|
37006000 | usd |
CY2023Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
60000000.0 | usd |