$FMBM
F&M BANK CORP Stock $fmbm

$fmbm Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000165495424006311 Filed on May 15, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q4
Revenue	$15.72M	$15.52M
YoY Change	15.38%	55328.57%
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	$410.0K	$359.0K	$367.0K
YoY Change	3.54%	26.41%	32.49%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$7.521M	$7.449M
YoY Change	28.45%	44.75%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$3.487M	$1.216M	$237.0K
YoY Change	-1935.26%	21.12%	-87.51%
Income Tax	$471.0K	-$1.000K	-$220.0K
% Of Pretax Income	13.51%	-0.08%	-92.83%
Net Earnings	$3.016M	$1.217M	$457.0K
YoY Change	1151.45%	15.36%	-73.07%
Net Earnings / Revenue	19.19%	7.84%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.86	$0.35	$0.13
COMMON SHARES
Basic Shares Outstanding	3.516M shares	3.483M shares	3.482M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$402.7M	$411.5M	$392.4M
YoY Change			-8.14%
Cash & Equivalents	$50.46M	$52.49M	$23.72M
Short-Term Investments	$352.2M	$359.0M	$368.7M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$5.123M	$5.094M	$5.034M
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$23.37M	$23.37M	$23.64M
YoY Change	-3.18%	17.01%	20.67%
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
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$1.310B	$1.316B	$1.295B
YoY Change	2.45%	5.06%	3.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$659.0K	$713.0K	$3.600M
YoY Change	-18.74%	-16.22%	5.88%
Deferred Revenue
YoY Change
Short-Term Debt	$20.00M	$60.00M	$60.00M
YoY Change	-57.45%	9.09%	-14.29%
Long-Term Debt Due	$6.954M	$6.943M	$6.932M
YoY Change	0.62%	0.61%	0.61%
Total Short-Term Liabilities	$659.0K	$713.0K	$733.0K
YoY Change	-18.74%	-16.22%	-17.27%
LONG-TERM LIABILITIES
Long-Term Debt	$6.954M	$6.943M	$6.932M
YoY Change	0.62%	0.61%	0.61%
Other Long-Term Liabilities	$15.16M	$14.48M	$16.11M
YoY Change	0.04%	18.18%	15.39%
Total Long-Term Liabilities	$22.11M	$21.42M	$23.04M
YoY Change	45.93%	11.85%	234.35%
TOTAL LIABILITIES
Total Short-Term Liabilities	$659.0K	$713.0K	$733.0K
Total Long-Term Liabilities	$22.11M	$21.42M	$23.04M
Total Liabilities	$1.228B	$1.238B	$1.216B
YoY Change	1.81%	4.93%	3.5%
SHAREHOLDERS EQUITY
Retained Earnings	$83.45M	$81.35M	$81.03M
YoY Change	2.55%	-0.84%	-2.46%
Common Stock	$17.33M	$17.32M	$17.26M
YoY Change	-38.21%	-37.93%	-37.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$81.62M	$77.73M	$72.64M
YoY Change
Total Liabilities & Shareholders Equity	$1.310B	$1.316B	$1.295B
YoY Change	2.45%	5.06%	3.91%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q4
OPERATING ACTIVITIES
Net Income	$3.016M	$1.217M	$457.0K
YoY Change	1151.45%	15.36%	-73.07%
Depreciation, Depletion And Amortization	$410.0K	$359.0K	$367.0K
YoY Change	3.54%	26.41%	32.49%
Cash From Operating Activities	-$385.0K	$2.942M	-$8.474M
YoY Change	-108.82%	8072.22%	-179.97%
INVESTING ACTIVITIES
Capital Expenditures	$83.00K	$70.00K	$78.00K
YoY Change	-98.19%	-89.77%	-91.54%
Acquisitions
YoY Change
Other Investing Activities	$10.39M	$3.645M	$11.64M
YoY Change	-159.02%	-140.05%	-214.25%
Cash From Investing Activities	$10.31M	$3.575M	$11.56M
YoY Change	-146.45%	-136.54%	-204.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-11.95M	$22.25M	-1.524M
YoY Change	-151.83%	266.65%	-129.59%
NET CHANGE
Cash From Operating Activities	-385.0K	$2.942M	-8.474M
Cash From Investing Activities	10.31M	$3.575M	11.56M
Cash From Financing Activities	-11.95M	$22.25M	-1.524M
Net Change In Cash	-2.027M	$28.77M	1.559M
YoY Change	-138.74%	-881.77%	-66.41%
FREE CASH FLOW
Cash From Operating Activities	-$385.0K	$2.942M	-$8.474M
Capital Expenditures	$83.00K	$70.00K	$78.00K
Free Cash Flow	-$468.0K	$2.872M	-$8.552M
YoY Change	114.68%	-543.21%	-188.4%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	fmbm	Available For Sale Securities Amortized Costs AvailableForSaleSecuritiesAmortizedCosts	400524000	usd
CY2024Q1	fmbm	Available For Sale Securities Gross Unrealized Gain AvailableForSaleSecuritiesGrossUnrealizedGain	324000	usd
CY2024Q1	fmbm	Available For Sale Securities Gross Unrealized Losses AvailableForSaleSecuritiesGrossUnrealizedLosses	41824000	usd
CY2024Q1	fmbm	Available For Sale Securities Fair Value AvailableForSaleSecuritiesFairValue	359024000	usd
CY2023	fmbm	Available For Sale Securities Gross Unrealized Gain AvailableForSaleSecuritiesGrossUnrealizedGain	343000	usd
CY2024Q1	fmbm	Fair Value Of Securities Less Than Twelve Months FairValueOfSecuritiesLessThanTwelveMonths	2306000	usd
CY2024Q1	fmbm	Unrealized Losses Of Securities Less Than Twelve Months UnrealizedLossesOfSecuritiesLessThanTwelveMonths	319000	usd
CY2023Q4	fmbm	Fair Value Of Securities Less Than Twelve Months FairValueOfSecuritiesLessThanTwelveMonths	2338000	usd
CY2023Q4	fmbm	Unrealized Losses Of Securities Less Than Twelve Months UnrealizedLossesOfSecuritiesLessThanTwelveMonths	282000	usd
CY2023Q4	fmbm	Fair Value Of Securities More Than Twelve Months FairValueOfSecuritiesMoreThanTwelveMonths	355099000	usd
CY2023Q4	fmbm	Unrealized Losses Of Securities More Than Twelve Months UnrealizedLossesOfSecuritiesMoreThanTwelveMonths	40281000	usd
CY2023Q4	fmbm	Fair Value Total FairValueTotal	357437000	usd
CY2023Q4	fmbm	Unrealized Losses Of Securities Total UnrealizedLossesOfSecuritiesTotal	40563000	usd
CY2024Q1	fmbm	Recoveries Recoveries	204000	usd
CY2024Q1	fmbm	Chargeoffs Chargeoffs	1011000	usd
CY2024Q1	fmbm	Provision For Loan Losses ProvisionForLoanLosses	894000	usd
CY2023Q4	fmbm	Recoveries Recoveries	614000	usd
CY2023Q1	fmbm	Valuation Adjustments ValuationAdjustments	0	usd
CY2023Q1	fmbm	Other Real Estate Owned OtherRealEstateOwned	0	usd
CY2023Q4	us-gaap	Subordinated Long Term Debt SubordinatedLongTermDebt	6900000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths	134000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Three LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree	70000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Four LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour	56000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Five LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive	57000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Rolling Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive	406000	usd
CY2024Q1	fmbm	Lessee Operating Lease Liability Payments Due Amount LesseeOperatingLeaseLiabilityPaymentsDueAmount	848000	usd
CY2024Q1	fmbm	Operating Lease Liability Imputed Interest OperatingLeaseLiabilityImputedInterest	-135000	usd
CY2024Q1	fmbm	Operating Lease Liability Amount OperatingLeaseLiabilityAmount	713000	usd
CY2023	fmbm	Available For Sale Securities Gross Unrealized Losses AvailableForSaleSecuritiesGrossUnrealizedLosses	40563000	usd
CY2024Q1	fmbm	Fair Value Of Securities More Than Twelve Months FairValueOfSecuritiesMoreThanTwelveMonths	344395000	usd
CY2024Q1	fmbm	Unrealized Losses Of Securities More Than Twelve Months UnrealizedLossesOfSecuritiesMoreThanTwelveMonths	41505000	usd
CY2024Q1	fmbm	Fair Value Total FairValueTotal	346701000	usd
CY2024Q1	fmbm	Unrealized Losses Of Securities Total UnrealizedLossesOfSecuritiesTotal	41824000	usd
CY2024Q1	fmbm	Fair Value Of Financial Assets FairValueOfFinancialAssets	207200000	usd
CY2024Q1	fmbm	Carrying Amount At Reporting Date Of Equity Method Investments CarryingAmountAtReportingDateOfEquityMethodInvestments	4900000	usd
CY2024Q1	fmbm	Carrying Amount At Reporting Date Of Equity Method Investments Fhlb CarryingAmountAtReportingDateOfEquityMethodInvestmentsFHLB	3800000	usd
CY2024Q1	fmbm	Carrying Amount At Reporting Date Of Equity Method Other Investments CarryingAmountAtReportingDateOfEquityMethodOtherInvestments	2000000.0	usd
CY2024Q1	fmbm	Commitment And Contingencies To Low Income Housing Limited Partnerships CommitmentAndContingenciesToLowIncomeHousingLimitedPartnerships	524000	usd
CY2024Q1	fmbm	Gross Loans GrossLoans	826550000	usd
CY2023Q4	fmbm	Gross Loans GrossLoans	822764000	usd
CY2024Q1	fmbm	Unamortized Net Deferred Loan Fees UnamortizedNetDeferredLoanFees	678000	usd
CY2023Q4	fmbm	Unamortized Net Deferred Loan Fees UnamortizedNetDeferredLoanFees	672000	usd
CY2024Q1	fmbm	Less Allowance For Credit Losses LessAllowanceForCreditLosses	8408000	usd
CY2023Q4	fmbm	Less Allowance For Credit Losses LessAllowanceForCreditLosses	8321000	usd
CY2024Q1	fmbm	Loans Outstanding LoansOutstanding	817464000	usd
CY2024Q1	fmbm	Less Deferred Loan Fees Net Of Costs Aggregate Loan Receivable LessDeferredLoanFeesNetOfCostsAggregateLoanReceivable	678000	usd
CY2023Q4	fmbm	Gross Loans Net Of Costs Non Accruel Loans GrossLoansNetOfCostsNonAccruelLoans	6438000	usd
CY2023Q4	fmbm	Deferred Loan Fees Net Of Costs Current DeferredLoanFeesNetOfCostsCurrent	672000	usd
CY2023Q4	fmbm	Less Deferred Loan Fees Net Of Costs Aggregate Loan Receivable LessDeferredLoanFeesNetOfCostsAggregateLoanReceivable	672000	usd
CY2024Q1	fmbm	Allowance For Credit Losses On Loans Ending Balance AllowanceForCreditLossesOnLoansEndingBalance	8408000	usd
CY2023Q4	fmbm	Allowance For Credit Losses On Loans Beginning Balance AllowanceForCreditLossesOnLoansBeginningBalance	7936000	usd
CY2023Q4	fmbm	Adjustment For Adoption Asu AdjustmentForAdoptionASU	777000	usd
CY2023Q4	fmbm	Chargeoffs Chargeoffs	2088000	usd
CY2023Q4	fmbm	Allowance For Credit Losses Unfunded Commitments AllowanceForCreditLossesUnfundedCommitments	690000	usd
CY2023Q1	fmbm	Recovery Of Credit Losses Unfunded Commitments RecoveryOfCreditLossesUnfundedCommitments	0	usd
CY2022Q4	fmbm	Allowance For Credit Losses Unfunded Commitments AllowanceForCreditLossesUnfundedCommitments	0	usd
CY2023Q1	fmbm	Adjustment To Allowance For Unfunded Commitments For Adoption AdjustmentToAllowanceForUnfundedCommitmentsForAdoption	747000	usd
CY2023Q1	fmbm	Allowance For Credit Losses Unfunded Commitments AllowanceForCreditLossesUnfundedCommitments	747000	usd
CY2023Q4	fmbm	Other Real Estate Owned OtherRealEstateOwned	55000	usd
CY2023Q1	fmbm	Proceeds From Sale Of Other Real Estate Owned ProceedsFromSaleOfOtherRealEstateOwned	0	usd
CY2022Q4	fmbm	Other Real Estate Owned OtherRealEstateOwned	0	usd
CY2024Q1	fmbm	Valuation Adjustments ValuationAdjustments	21000	usd
CY2024Q1	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	0	usd
CY2023Q1	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	0	usd
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000740806
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	5
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	6000000	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3516013	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3485570	shares
CY2024Q1	fmbm	Gross Loans Net Of Costs3059 Days Past Due GrossLoansNetOfCosts3059DaysPastDue	6660000	usd
CY2023Q4	fmbm	Gross Loans Net Of Costs3059 Days Past Due GrossLoansNetOfCosts3059DaysPastDue	5743000	usd
CY2024Q1	fmbm	Gross Loans Net Of Costs6089 Days Past Due GrossLoansNetOfCosts6089DaysPastDue	606000	usd
CY2023Q4	fmbm	Gross Loans Net Of Costs6089 Days Past Due GrossLoansNetOfCosts6089DaysPastDue	1927000	usd
CY2024Q1	fmbm	Gross Loans Net Of Costs Greater Than90 Days GrossLoansNetOfCostsGreaterThan90Days	9000	usd
CY2023Q4	fmbm	Gross Loans Net Of Costs Greater Than90 Days GrossLoansNetOfCostsGreaterThan90Days	31000	usd
CY2024Q1	fmbm	Net Loans Held For Investment Loans Individually NetLoansHeldForInvestmentLoansIndividually	4802000	usd
CY2024Q1	fmbm	Net Loans Held For Investment Loans Collectively NetLoansHeldForInvestmentLoansCollectively	821748000	usd
CY2023Q4	fmbm	Net Loans Held For Investment Loans Individually NetLoansHeldForInvestmentLoansIndividually	4802000	usd
CY2023Q4	fmbm	Net Loans Held For Investment Loans Collectively NetLoansHeldForInvestmentLoansCollectively	821748000	usd
CY2023Q4	fmbm	Allowance For Credit Losses On Loans Ending Balance AllowanceForCreditLossesOnLoansEndingBalance	8321000	usd
CY2024Q1	us-gaap	Subordinated Long Term Debt SubordinatedLongTermDebt	6900000.0	usd
CY2023Q4	fmbm	Corporate Debt Securities CorporateDebtSecurities	27256000	usd
CY2023Q4	us-gaap	Shortterm Debt Fair Value ShorttermDebtFairValue	60000000	usd
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	000-13273
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	F&M BANK CORP.
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	VA
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	54-1280811
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	P. O. Box 1111
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Timberville
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	22853
CY2024Q1	dei	City Area Code CityAreaCode	540
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	896-8941
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3516091	shares
CY2024Q1	us-gaap	Cash And Due From Banks CashAndDueFromBanks	27758000	usd
CY2023Q4	us-gaap	Cash And Due From Banks CashAndDueFromBanks	19790000	usd
CY2024Q1	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	543000	usd
CY2023Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	178000	usd
CY2024Q1	us-gaap	Federal Funds Sold FederalFundsSold	24185000	usd
CY2023Q4	us-gaap	Federal Funds Sold FederalFundsSold	3749000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52486000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23717000	usd
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CY2023Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1119000	usd
CY2024Q1	fmbm	Loans Held For Investment Net Of Deferred Fees And Costs LoansHeldForInvestmentNetOfDeferredFeesAndCosts	825872000	usd
CY2023Q4	fmbm	Loans Held For Investment Net Of Deferred Fees And Costs LoansHeldForInvestmentNetOfDeferredFeesAndCosts	822092000	usd
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CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	23369000	usd
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CY2024Q1	us-gaap	Goodwill Goodwill	3082000	usd
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CY2024Q1	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	23055000	usd
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CY2023Q4	us-gaap	Assets Assets	1294596000	usd
CY2024Q1	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	267106000	usd
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CY2024Q1	us-gaap	Interest Bearing Deposit Liabilities InterestBearingDepositLiabilities	889237000	usd
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CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	16105000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	1238480000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	1216273000	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	17318000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	17263000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	11097000	usd
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CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	81346000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	81034000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-32027000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-31017000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	77734000	usd
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CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1316214000	usd
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CY2024Q1	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	13352000	usd
CY2023Q1	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	10854000	usd
CY2024Q1	us-gaap	Interest And Fee Income Other Loans Held For Sale InterestAndFeeIncomeOtherLoansHeldForSale	17000	usd
CY2023Q1	us-gaap	Interest And Fee Income Other Loans Held For Sale InterestAndFeeIncomeOtherLoansHeldForSale	22000	usd
CY2024Q1	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	273000	usd
CY2023Q1	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	84000	usd
CY2024Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	1878000	usd
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	2013000	usd
CY2024Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	15520000	usd
CY2023Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	12973000	usd
CY2024Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	6337000	usd
CY2023Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	4042000	usd
CY2024Q1	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	996000	usd
CY2023Q1	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	992000	usd
CY2024Q1	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	116000	usd
CY2023Q1	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	112000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	7449000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	5146000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	8071000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	7827000	usd
CY2024Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	823000	usd
CY2023Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	0	usd
CY2024Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	7248000	usd
CY2023Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	7827000	usd
CY2024Q1	fmbm	Service Charges On Deposits ServiceChargesOnDeposits	273000	usd
CY2023Q1	fmbm	Service Charges On Deposits ServiceChargesOnDeposits	225000	usd
CY2024Q1	fmbm	Investment Services And Insurance Income InvestmentServicesAndInsuranceIncome	581000	usd
CY2023Q1	fmbm	Investment Services And Insurance Income InvestmentServicesAndInsuranceIncome	507000	usd
CY2024Q1	fmbm	Mortgage Banking Income MortgageBankingIncome	388000	usd
CY2023Q1	fmbm	Mortgage Banking Income MortgageBankingIncome	540000	usd
CY2024Q1	fmbm	Title Insurance Income TitleInsuranceIncome	303000	usd
CY2023Q1	fmbm	Title Insurance Income TitleInsuranceIncome	248000	usd
CY2024Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	182000	usd
CY2023Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	179000	usd
CY2024Q1	fmbm	Low Income Housing Partnership Losses LowIncomeHousingPartnershipLosses	-197000	usd
CY2023Q1	fmbm	Low Income Housing Partnership Losses LowIncomeHousingPartnershipLosses	-205000	usd
CY2024Q1	fmbm	Card Services And Interchange Income CardServicesAndInterchangeIncome	726000	usd
CY2023Q1	fmbm	Card Services And Interchange Income CardServicesAndInterchangeIncome	690000	usd
CY2024Q1	us-gaap	Other Operating Income OtherOperatingIncome	135000	usd
CY2023Q1	us-gaap	Other Operating Income OtherOperatingIncome	182000	usd
CY2024Q1	us-gaap	Noninterest Income NoninterestIncome	2391000	usd
CY2023Q1	us-gaap	Noninterest Income NoninterestIncome	2366000	usd
CY2024Q1	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	3780000	usd
CY2023Q1	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	4342000	usd
CY2024Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	866000	usd
CY2023Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	1043000	usd
CY2024Q1	us-gaap	Occupancy Net OccupancyNet	377000	usd
CY2023Q1	us-gaap	Occupancy Net OccupancyNet	335000	usd
CY2024Q1	us-gaap	Equipment Expense EquipmentExpense	337000	usd
CY2023Q1	us-gaap	Equipment Expense EquipmentExpense	325000	usd
CY2024Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	258000	usd
CY2023Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	145000	usd
CY2024Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	-21000	usd
CY2023Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	0	usd
CY2024Q1	us-gaap	Advertising Expense AdvertisingExpense	142000	usd
CY2023Q1	us-gaap	Advertising Expense AdvertisingExpense	218000	usd
CY2024Q1	us-gaap	Legal Fees LegalFees	485000	usd
CY2023Q1	us-gaap	Legal Fees LegalFees	371000	usd
CY2024Q1	fmbm	Atm And Check Card Fees AtmAndCheckCardFees	292000	usd
CY2023Q1	fmbm	Atm And Check Card Fees AtmAndCheckCardFees	319000	usd
CY2024Q1	fmbm	Telecommunication And Data Processing Expense TelecommunicationAndDataProcessingExpense	705000	usd
CY2023Q1	fmbm	Telecommunication And Data Processing Expense TelecommunicationAndDataProcessingExpense	766000	usd
CY2024Q1	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	102000	usd
CY2023Q1	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	157000	usd
CY2024Q1	fmbm	Bank Franchise Tax BankFranchiseTax	190000	usd
CY2023Q1	fmbm	Bank Franchise Tax BankFranchiseTax	168000	usd
CY2024Q1	us-gaap	Utilities Operating Expense Other UtilitiesOperatingExpenseOther	910000	usd
CY2023Q1	us-gaap	Utilities Operating Expense Other UtilitiesOperatingExpenseOther	1000000	usd
CY2024Q1	us-gaap	Noninterest Expense NoninterestExpense	8423000	usd
CY2023Q1	us-gaap	Noninterest Expense NoninterestExpense	9189000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1216000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1004000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-51000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1217000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1055000	usd
CY2024Q1	fmbm	Basic And Diluted Earning Per Share BasicAndDilutedEarningPerShare	0.35
CY2023Q1	fmbm	Basic And Diluted Earning Per Share BasicAndDilutedEarningPerShare	0.30
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.26
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.26
CY2024Q1	fmbm	Basic And Diluted Weighted Average Number Of Shares Outstanding BasicAndDilutedWeightedAverageNumberOfSharesOutstanding	3490371	shares
CY2023Q1	fmbm	Basic And Diluted Weighted Average Number Of Shares Outstanding BasicAndDilutedWeightedAverageNumberOfSharesOutstanding	3462698	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1217000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1055000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-1280000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	3438000	usd
CY2024Q1	fmbm	Other Comprehensive Loss Income Tax Effect OtherComprehensiveLossIncomeTaxEffect	270000	usd
CY2023Q1	fmbm	Other Comprehensive Loss Income Tax Effect OtherComprehensiveLossIncomeTaxEffect	-722000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax	-1010000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax	2716000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1010000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	2716000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	207000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3771000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	70792000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1055000	usd
CY2023Q1	fmbm	Cumulative Effect Adjustment Due To The Adoption Of Asc326 Net Of Tax CumulativeEffectAdjustmentDueToTheAdoptionOfAsc326NetOfTax	-1203000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	2716000	usd
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	899000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	81000	usd
CY2023Q1	fmbm	Vesting Of Time Based Stock Awards Issued At Date Of Grant Net Of Shares Withheld For Payroll Taxes VestingOfTimeBasedStockAwardsIssuedAtDateOfGrantNetOfSharesWithheldForPayrollTaxes	29000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	64000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	72635000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	78323000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1217000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1010000	usd
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	905000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	50000	usd
CY2024Q1	fmbm	Vesting Of Time Based Stock Awards Issued At Date Of Grant Net Of Shares Withheld For Payroll Taxes VestingOfTimeBasedStockAwardsIssuedAtDateOfGrantNetOfSharesWithheldForPayrollTaxes	0	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	59000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	77734000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	1217000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	1055000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	356000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	276000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8000	usd
CY2024Q1	fmbm	Amortization Of Securities AmortizationOfSecurities	180000	usd
CY2023Q1	fmbm	Amortization Of Securities AmortizationOfSecurities	195000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	18481000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	31451000	usd
CY2024Q1	fmbm	Loans Held For Sale Originated LoansHeldForSaleOriginated	-18664000	usd
CY2023Q1	fmbm	Loans Held For Sale Originated LoansHeldForSaleOriginated	-30748000	usd
CY2024Q1	fmbm	Gain On Sale Of Loans Held For Sale Originated GainOnSaleOfLoansHeldForSaleOriginated	-83000	usd
CY2023Q1	fmbm	Gain On Sale Of Loans Held For Sale Originated GainOnSaleOfLoansHeldForSaleOriginated	-572000	usd
CY2024Q1	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	823000	usd
CY2023Q1	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	0	usd
CY2024Q1	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	-60000	usd
CY2023Q1	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	-170000	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-2000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	9000	usd
CY2024Q1	fmbm	Increase Decrease In Taxes Payable IncreaseDecreaseInTaxesPayable	0	usd
CY2023Q1	fmbm	Increase Decrease In Taxes Payable IncreaseDecreaseInTaxesPayable	-38000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	1467000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-2302000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-840000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-2486000	usd
CY2024Q1	fmbm	Amortization Of Limited Partnership Investments AmortizationOfLimitedPartnershipInvestments	197000	usd
CY2023Q1	fmbm	Amortization Of Limited Partnership Investments AmortizationOfLimitedPartnershipInvestments	205000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	11000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	11000	usd
CY2024Q1	fmbm	Proceeds From Income From Life Insurance Investment ProceedsFromIncomeFromLifeInsuranceInvestment	-182000	usd
CY2023Q1	fmbm	Proceeds From Income From Life Insurance Investment ProceedsFromIncomeFromLifeInsuranceInvestment	-179000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	0	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-9000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	-21000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	0	usd
CY2024Q1	fmbm	Increase Decrease In Share Based Compensation IncreaseDecreaseInShareBasedCompensation	59000	usd
CY2023Q1	fmbm	Increase Decrease In Share Based Compensation IncreaseDecreaseInShareBasedCompensation	64000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2942000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3230000	usd
CY2024Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	5000000	usd
CY2023Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	3825000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	3189000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	3266000	usd
CY2024Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	33000	usd
CY2023Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	-624000	usd
CY2024Q1	fmbm	Investment In Limited Partnership Investment InvestmentInLimitedPartnershipInvestment	0	usd
CY2023Q1	fmbm	Investment In Limited Partnership Investment InvestmentInLimitedPartnershipInvestment	-100000	usd
CY2024Q1	fmbm	Net Increase Decrease In Loans Held For Investment NetIncreaseDecreaseInLoansHeldForInvestment	4587000	usd
CY2023Q1	fmbm	Net Increase Decrease In Loans Held For Investment NetIncreaseDecreaseInLoansHeldForInvestment	13483000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	33000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Restricted Investments ProceedsFromSaleOfRestrictedInvestments	76000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Restricted Investments ProceedsFromSaleOfRestrictedInvestments	0	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	70000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	684000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	3575000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6519000	usd
CY2024Q1	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	23107000	usd
CY2023Q1	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	21858000	usd
CY2024Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	usd
CY2023Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-15000000	usd
CY2024Q1	fmbm	Dividends Paid In Cash DividendsPaidInCash	905000	usd
CY2023Q1	fmbm	Dividends Paid In Cash DividendsPaidInCash	899000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	50000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	110000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	22252000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6069000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	28769000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-3680000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23717000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	34953000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52486000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	31273000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	7248000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	4765000	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	360000	usd
CY2024Q1	fmbm	Change In Unrealized Loss On Securities Available For Sale Net ChangeInUnrealizedLossOnSecuritiesAvailableForSaleNet	-1280000	usd
CY2023Q1	fmbm	Change In Unrealized Loss On Securities Available For Sale Net ChangeInUnrealizedLossOnSecuritiesAvailableForSaleNet	3438000	usd
CY2024Q1	fmbm	Cumulative Effect Of The Adoption Of Asc326 CumulativeEffectOfTheAdoptionOfAsc326	0	usd
CY2023Q1	fmbm	Cumulative Effect Of The Adoption Of Asc326 CumulativeEffectOfTheAdoptionOfAsc326	1524000	usd
CY2024Q1	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 relates to the determination of the allowance for credit losses.</p>
CY2024Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1400000	usd
CY2024Q1	fmbm	Accrued Interest Receivable Related To Loans AccruedInterestReceivableRelatedToLoans	3700000	usd
CY2023Q4	fmbm	Available For Sale Securities Amortized Costs AvailableForSaleSecuritiesAmortizedCosts	408894000	usd
CY2023Q4	fmbm	Available For Sale Securities Fair Value AvailableForSaleSecuritiesFairValue	368674000	usd
CY2023Q4	fmbm	Loans Outstanding LoansOutstanding	813771000	usd
CY2024Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	1400000	usd
CY2023Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	1100000	usd
CY2024Q1	fmbm	Financing Receivable Accrued Interest On Loans Held For Investment FinancingReceivableAccruedInterestOnLoansHeldForInvestment	3700000	usd
CY2023Q4	fmbm	Financing Receivable Accrued Interest On Loans Held For Investment FinancingReceivableAccruedInterestOnLoansHeldForInvestment	3600000	usd
CY2024Q1	fmbm	Loans Pledged As Collateral Amount LoansPledgedAsCollateralAmount	295400000	usd
CY2023Q4	fmbm	Loans Pledged As Collateral Amount LoansPledgedAsCollateralAmount	289100000	usd
CY2024Q1	fmbm	Gross Loans Net Of Costs Current GrossLoansNetOfCostsCurrent	813078000	usd
CY2024Q1	fmbm	Gross Loans Net Of Costs Total Loan Receivable GrossLoansNetOfCostsTotalLoanReceivable	826550000	usd
CY2024Q1	fmbm	Deferred Loan Fees Net Of Costs Current DeferredLoanFeesNetOfCostsCurrent	678000	usd
CY2024Q1	fmbm	Gross Loans Net Of Costs Non Accruel Loans GrossLoansNetOfCostsNonAccruelLoans	6238000	usd
CY2023Q4	fmbm	Gross Loans Net Of Costs Current GrossLoansNetOfCostsCurrent	808625000	usd
CY2023Q4	fmbm	Gross Loans Net Of Costs Total Loan Receivable GrossLoansNetOfCostsTotalLoanReceivable	822764000	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Nonaccrual No Allowance DebtSecuritiesHeldToMaturityNonaccrualNoAllowance	6200000	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Nonaccrual No Allowance DebtSecuritiesHeldToMaturityNonaccrualNoAllowance	6400000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Two LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo	125000	usd
CY2024Q1	fmbm	Less Unamortized Net Deferred Loan Fees Loan Balances LessUnamortizedNetDeferredLoanFeesLoanBalances	-678000	usd
CY2024Q1	fmbm	Net Loans Held For Investment Loans NetLoansHeldForInvestmentLoans	825872000	usd
CY2024Q1	fmbm	Net Loans Held For Investment Allowance For Credit Losses Loans Individually NetLoansHeldForInvestmentAllowanceForCreditLossesLoansIndividually	970000	usd
CY2024Q1	fmbm	Net Loans Held For Investment Allowance For Credit Losses Loans Collectively NetLoansHeldForInvestmentAllowanceForCreditLossesLoansCollectively	7438000	usd
CY2024Q1	fmbm	Net Loans Held For Investment Allowance For Credit Losses Loans NetLoansHeldForInvestmentAllowanceForCreditLossesLoans	8408000	usd
CY2023Q4	fmbm	Less Unamortized Net Deferred Loan Fees Loan Balances LessUnamortizedNetDeferredLoanFeesLoanBalances	-672000	usd
CY2023Q4	fmbm	Net Loans Held For Investment Loans NetLoansHeldForInvestmentLoans	822092000	usd
CY2023Q4	fmbm	Net Loans Held For Investment Allowance For Credit Losses Loans Individually NetLoansHeldForInvestmentAllowanceForCreditLossesLoansIndividually	977000	usd
CY2023Q4	fmbm	Net Loans Held For Investment Allowance For Credit Losses Loans Collectively NetLoansHeldForInvestmentAllowanceForCreditLossesLoansCollectively	7344000	usd
CY2023Q4	fmbm	Net Loans Held For Investment Allowance For Credit Losses Loans NetLoansHeldForInvestmentAllowanceForCreditLossesLoans	8321000	usd
CY2024Q1	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	678000	usd
CY2024Q1	fmbm	Long Term Investments Total LongTermInvestmentsTotal	825872000	usd
CY2023Q4	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	672000	usd
CY2023Q4	fmbm	Long Term Investments Total LongTermInvestmentsTotal	822092000	usd
CY2024Q1	fmbm	Allowance For Credit Losses On Loans Beginning Balance AllowanceForCreditLossesOnLoansBeginningBalance	8321000	usd
CY2023Q4	fmbm	Provision For Loan Losses ProvisionForLoanLosses	1082000	usd
CY2024Q1	fmbm	Allowance For Credit Losses On Loans Beginning Balance AllowanceForCreditLossesOnLoansBeginningBalance	8321000	usd
CY2024Q1	fmbm	Allowance For Credit Losses Unfunded Commitments AllowanceForCreditLossesUnfundedCommitments	619000	usd
CY2023Q4	fmbm	Allowance For Credit Losses Unfunded Commitments AllowanceForCreditLossesUnfundedCommitments	690000	usd
CY2024Q1	fmbm	Recovery Of Credit Losses Unfunded Commitments RecoveryOfCreditLossesUnfundedCommitments	-71000	usd
CY2024Q1	fmbm	Adjustment To Allowance For Unfunded Commitments For Adoption AdjustmentToAllowanceForUnfundedCommitmentsForAdoption	0	usd
CY2024Q1	fmbm	Allowance For Credit Losses Unfunded Commitments AllowanceForCreditLossesUnfundedCommitments	619000	usd
CY2023Q1	fmbm	Loans Transferred To Oreo LoansTransferredToOreo	0	usd
CY2024Q1	fmbm	Proceeds From Sale Of Other Real Estate Owned ProceedsFromSaleOfOtherRealEstateOwned	-76000	usd
CY2024Q1	fmbm	Loans Transferred To Oreo LoansTransferredToOreo	0	usd
CY2024Q1	fmbm	Other Real Estate Owned OtherRealEstateOwned	0	usd
CY2024Q1	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	1400000	usd
CY2024Q1	fmbm	Mortgage Loans Unpaid MortgageLoansUnpaid	1400000	usd
CY2024Q1	fmbm	Loans Held For Sale LoansHeldForSale	1385000	usd
CY2024Q1	fmbm	Us Treasury Securities USTreasurySecurities	27931000	usd
CY2024Q1	fmbm	Us Government Sponsored Enterprises Two USGovernmentSponsoredEnterprisesTwo	124750000	usd
CY2024Q1	fmbm	Securities Issued By States And Political Subdivisions In The Us SecuritiesIssuedByStatesAndPoliticalSubdivisionsInTheUS	38650000	usd
CY2024Q1	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	140437000	usd
CY2024Q1	fmbm	Corporate Debt Securities CorporateDebtSecurities	27256000	usd
CY2024Q1	fmbm	Irlc IRLC	78000	usd
CY2024Q1	fmbm	Forward Sales Commitments ForwardSalesCommitments	5000	usd
CY2024Q1	fmbm	Assets At Fair Value AssetsAtFairValue	360492000	usd
CY2023Q4	fmbm	Loans Held For Sale LoansHeldForSale	1119000	usd
CY2023Q4	fmbm	Us Treasury Securities USTreasurySecurities	32881000	usd
CY2023Q4	fmbm	Us Government Sponsored Enterprises Two USGovernmentSponsoredEnterprisesTwo	124703000	usd
CY2023Q4	fmbm	Securities Issued By States And Political Subdivisions In The Us SecuritiesIssuedByStatesAndPoliticalSubdivisionsInTheUS	38761000	usd
CY2023Q4	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	145073000	usd
CY2024Q1	fmbm	Corporate Debt Securities CorporateDebtSecurities	27256000	usd
CY2023Q4	fmbm	Irlc IRLC	81000	usd
CY2023Q4	fmbm	Assets At Fair Value AssetsAtFairValue	369874000	usd
CY2023Q4	fmbm	Forward Sales Commitments ForwardSalesCommitments	22000	usd
CY2023Q4	fmbm	Total Fair Value Of Liabilities TotalFairValueOfLiabilities	22000	usd
CY2024Q1	us-gaap	Other Real Estate And Foreclosed Assets OtherRealEstateAndForeclosedAssets	3332000	usd
CY2023Q4	us-gaap	Other Real Estate And Foreclosed Assets OtherRealEstateAndForeclosedAssets	3060000	usd
CY2023Q4	us-gaap	Deposit Liabilities Collateral Issued Financial Instruments DepositLiabilitiesCollateralIssuedFinancialInstruments	55000	usd
CY2024Q1	us-gaap	Cash Cash	52486000	usd
CY2024Q1	us-gaap	Marketable Securities MarketableSecurities	359024000	usd
CY2024Q1	fmbm	Loans Heldr Sale LoansHeldrSale	1385000	usd
CY2024Q1	us-gaap	Long Term Investments LongTermInvestments	796122000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5094000	usd
CY2024Q1	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	23055000	usd
CY2024Q1	fmbm	Irlc IRLC	78000	usd
CY2024Q1	fmbm	Forward Sales Commitments ForwardSalesCommitments	5000	usd
CY2024Q1	us-gaap	Deposit Assets DepositAssets	1154647000	usd
CY2024Q1	us-gaap	Shortterm Debt Fair Value ShorttermDebtFairValue	60000000	usd
CY2024Q1	us-gaap	Long Term Notes And Loans LongTermNotesAndLoans	6762000	usd
CY2024Q1	us-gaap	Interest Payable Current InterestPayableCurrent	1793000	usd
CY2023Q4	us-gaap	Cash Cash	23717000	usd
CY2023Q4	us-gaap	Marketable Securities MarketableSecurities	368674000	usd
CY2023Q4	fmbm	Loans Heldr Sale LoansHeldrSale	1119000	usd
CY2023Q4	us-gaap	Long Term Investments LongTermInvestments	793440000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5034000	usd
CY2023Q4	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	22878000	usd
CY2023Q4	fmbm	Irlc IRLC	81000	usd
CY2023Q4	us-gaap	Deposit Assets DepositAssets	1131747000	usd
CY2024Q1	us-gaap	Shortterm Debt Fair Value ShorttermDebtFairValue	60000000	usd
CY2023Q4	us-gaap	Long Term Notes And Loans LongTermNotesAndLoans	6761000	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	1592000	usd
CY2023Q4	fmbm	Forward Sales Commitments ForwardSalesCommitments	22000	usd
CY2023Q1	fmbm	Defined Benefit Plan Service Costs DefinedBenefitPlanServiceCosts	0	usd
CY2024Q1	fmbm	Defined Benefit Plan Service Costs DefinedBenefitPlanServiceCosts	0	usd
CY2024Q1	fmbm	Defined Benefit Plan Interest Costs DefinedBenefitPlanInterestCosts	79000	usd
CY2023Q1	fmbm	Defined Benefit Plan Interest Costs DefinedBenefitPlanInterestCosts	92000	usd
CY2024Q1	fmbm	Expected Return On Plan Assets ExpectedReturnOnPlanAssets	-98000	usd
CY2023Q1	fmbm	Expected Return On Plan Assets ExpectedReturnOnPlanAssets	-130000	usd
CY2024Q1	fmbm	Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax1 DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax1	-5000	usd
CY2023Q1	fmbm	Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax1 DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax1	0	usd
CY2024Q1	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	-24000	usd
CY2023Q1	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	-38000	usd
CY2024Q1	fmbm	Treasury Common Stock Shares TreasuryCommonStockShares	33568000	shares
CY2024Q1	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	597000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Plan Assets Target Allocation Percentage DefinedBenefitPlanPlanAssetsTargetAllocationPercentage	0.25	pure
CY2024Q1	fmbm	Unrecognized Compensation Cost UnrecognizedCompensationCost	1000000	usd
CY2024Q1	us-gaap	Noninterest Income NoninterestIncome	2391000	usd
CY2023Q1	us-gaap	Noninterest Income NoninterestIncome	2366000	usd

Files In Submission

Name	View Source	Status
0001654954-24-006311-index-headers.html	Edgar Link	pending
0001654954-24-006311-index.html	Edgar Link	pending
0001654954-24-006311.txt	Edgar Link	pending
0001654954-24-006311-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
fmbm-20240331.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
fmbm-20240331_cal.xml	Edgar Link	unprocessable
fmbm_10q.htm	Edgar Link	pending
fmbm_ex311.htm	Edgar Link	pending
fmbm_ex312.htm	Edgar Link	pending
fmbm_ex32.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
fmbm-20240331_lab.xml	Edgar Link	unprocessable
fmbm_10q_htm.xml	Edgar Link	completed
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
fmbm-20240331_def.xml	Edgar Link	unprocessable
fmbm-20240331_pre.xml	Edgar Link	unprocessable

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$FMBM
F&M BANK CORP Stock $fmbm

2024 Q2 Form 10-Q Financial Statement

#000165495424006311 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FMBM F&M BANK CORP Stock $fmbm

2024 Q2 Form 10-Q Financial Statement

#000165495424006311 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FMBM
F&M BANK CORP Stock $fmbm