2024 Q4 Form 10-Q Financial Statement

#000165495424014373 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $16.29M
YoY Change 11.45%
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 $380.0K
YoY Change 26.25%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $682.0K
YoY Change -29.98%
Income Tax -$110.0K
% Of Pretax Income -16.13%
Net Earnings $792.0K
YoY Change -22.2%
Net Earnings / Revenue 4.86%
Basic Earnings Per Share
Diluted Earnings Per Share $0.23
COMMON SHARES
Basic Shares Outstanding 3.520M shares 3.519M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $436.5M
YoY Change
Cash & Equivalents $60.32M
Short-Term Investments $376.2M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $5.066M
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $23.06M
YoY Change -3.62%
Goodwill $3.082M
YoY Change 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 $1.345B
YoY Change 4.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $624.0K
YoY Change -19.28%
Deferred Revenue
YoY Change
Short-Term Debt $15.00M
YoY Change -75.0%
Long-Term Debt Due $6.965M
YoY Change 0.62%
Total Short-Term Liabilities $624.0K
YoY Change -19.28%
LONG-TERM LIABILITIES
Long-Term Debt $6.965M
YoY Change 0.62%
Other Long-Term Liabilities $13.72M
YoY Change -0.51%
Total Long-Term Liabilities $20.69M
YoY Change -0.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $624.0K
Total Long-Term Liabilities $20.69M
Total Liabilities $1.255B
YoY Change 3.23%
SHAREHOLDERS EQUITY
Retained Earnings $83.32M
YoY Change 2.26%
Common Stock $17.36M
YoY Change 0.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $89.99M
YoY Change
Total Liabilities & Shareholders Equity $1.345B
YoY Change 4.85%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $792.0K
YoY Change -22.2%
Depreciation, Depletion And Amortization $380.0K
YoY Change 26.25%
Cash From Operating Activities $1.151M
YoY Change -82.21%
INVESTING ACTIVITIES
Capital Expenditures $66.00K
YoY Change -38.89%
Acquisitions
YoY Change
Other Investing Activities -$18.44M
YoY Change -37.85%
Cash From Investing Activities -$18.51M
YoY Change -37.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 27.22M
YoY Change 203.52%
NET CHANGE
Cash From Operating Activities 1.151M
Cash From Investing Activities -18.51M
Cash From Financing Activities 27.22M
Net Change In Cash 9.861M
YoY Change -168.73%
FREE CASH FLOW
Cash From Operating Activities $1.151M
Capital Expenditures $66.00K
Free Cash Flow $1.085M
YoY Change -82.95%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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LegalFees
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LegalFees
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CY2023Q3 us-gaap Net Income Loss
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CY2024Q3 fmbm Basic And Diluted Earning Per Share
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CY2023Q3 fmbm Basic And Diluted Earning Per Share
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us-gaap Increase Decrease In Interest And Dividends Receivable
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us-gaap Increase Decrease In Other Current Assets
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us-gaap Increase Decrease In Other Current Assets
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fmbm Amortization Of Limited Partnership Investments
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5
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3520353 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
17263000 usd
CY2024Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11287000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11043000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
83324000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
81034000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-21973000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-31017000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
89994000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
78323000 usd
CY2024Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
7440000 usd
CY2023Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
5804000 usd
CY2024Q3 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
241000 usd
CY2023Q3 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
701000 usd
CY2024Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
116000 usd
CY2024Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
7797000 usd
CY2023Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
6621000 usd
CY2023Q3 fmbm Card Services And Interchange Income
CardServicesAndInterchangeIncome
769000 usd
CY2024Q3 us-gaap Other Operating Income
OtherOperatingIncome
88000 usd
CY2023Q3 us-gaap Other Operating Income
OtherOperatingIncome
177000 usd
CY2024Q3 us-gaap Noninterest Income
NoninterestIncome
2748000 usd
CY2023Q3 us-gaap Noninterest Income
NoninterestIncome
2507000 usd
CY2024Q3 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
4056000 usd
CY2023Q3 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
4210000 usd
CY2024Q3 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1011000 usd
CY2023Q3 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
908000 usd
CY2024Q3 us-gaap Occupancy Net
OccupancyNet
401000 usd
CY2023Q3 us-gaap Occupancy Net
OccupancyNet
358000 usd
CY2024Q3 us-gaap Equipment Expense
EquipmentExpense
323000 usd
CY2023Q3 us-gaap Equipment Expense
EquipmentExpense
295000 usd
CY2024Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
257000 usd
CY2023Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
225000 usd
CY2024Q3 us-gaap Advertising Expense
AdvertisingExpense
175000 usd
CY2023Q3 us-gaap Advertising Expense
AdvertisingExpense
243000 usd
us-gaap Interest Expense Deposits
InterestExpenseDeposits
20728000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
22766000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
17619000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
23597000 usd
us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
419000 usd
fmbm Bank Franchise Tax
BankFranchiseTax
583000 usd
fmbm Bank Franchise Tax
BankFranchiseTax
453000 usd
us-gaap Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
3703000 usd
us-gaap Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
3212000 usd
us-gaap Noninterest Expense
NoninterestExpense
26251000 usd
us-gaap Noninterest Expense
NoninterestExpense
28264000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5385000 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 Tax
OtherComprehensiveIncomeLossTax
-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
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
81616000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
792000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
8325000 usd
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
915000 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
104000 usd
CY2024Q3 us-gaap Share Based Compensation
ShareBasedCompensation
72000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
89994000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
70792000 usd
us-gaap Net Income Loss
NetIncomeLoss
2314000 usd
fmbm Cumulative Effect Adjustment Due To The Adoption Of Net Of Tax
CumulativeEffectAdjustmentDueToTheAdoptionOfNetOfTax
-1203000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-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
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
78323000 usd
us-gaap Net Income Loss
NetIncomeLoss
5025000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
9044000 usd
us-gaap Dividends Common Stock
DividendsCommonStock
2735000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
206000 usd
fmbm Vesting Of Time Based Stock Awards Issued At Date Of Grant Net Of Shares Withheld For Payroll Taxes
VestingOfTimeBasedStockAwardsIssuedAtDateOfGrantNetOfSharesWithheldForPayrollTaxes
0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
131000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
89994000 usd
us-gaap Net Income Loss
NetIncomeLoss
5025000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1675000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1025000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
33000 usd
fmbm Gain On The Sale Of Oreo
GainOnTheSaleOfOreo
0 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
10500000 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
4825000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
10932000 usd
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
-2105000 usd
us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
18026000 usd
us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
0 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
36603000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60320000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The material estimate that is particularly susceptible to significant change in the near term relates to the determination of the allowance for credit losses.</p>
CY2024Q3 fmbm Market Value Of Pledged Securities To Frbr
MarketValueOfPledgedSecuritiesToFrbr
9000000.0 usd
CY2024Q3 fmbm Gross Loans
GrossLoans
831401000 usd
CY2023Q4 fmbm Gross Loans
GrossLoans
822764000 usd
CY2024Q3 fmbm Unamortized Net Deferred Loan Fees
UnamortizedNetDeferredLoanFees
-684000 usd
CY2023Q4 fmbm Unamortized Net Deferred Loan Fees
UnamortizedNetDeferredLoanFees
672000 usd
CY2024Q3 fmbm Less Allowance For Credit Losses
LessAllowanceForCreditLosses
8028000 usd
CY2023Q4 fmbm Less Allowance For Credit Losses
LessAllowanceForCreditLosses
8321000 usd
CY2024Q3 fmbm Loans Outstanding
LoansOutstanding
822689000 usd
CY2023Q4 fmbm Loans Outstanding
LoansOutstanding
813771000 usd
CY2024Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
2300000 usd
CY2023Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
1100000 usd
CY2024Q3 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
CY2024Q3 fmbm Loans Pledged As Collateral Amount
LoansPledgedAsCollateralAmount
302800000 usd
CY2023Q4 fmbm Loans Pledged As Collateral Amount
LoansPledgedAsCollateralAmount
289100000 usd
CY2024Q3 fmbm Deferred Loan Fees Net Of Costs Thirty To Fifty Nine Days Past Due
DeferredLoanFeesNetOfCostsThirtyToFiftyNineDaysPastDue
0 usd
CY2024Q3 fmbm Deferred Loan Fees Net Of Costs Sixty To Enghty Nine Days Past Due
DeferredLoanFeesNetOfCostsSixtyToEnghtyNineDaysPastDue
0 usd
CY2024Q3 fmbm Deferred Loan Fees Net Of Costs Greater Than Ninety Days
DeferredLoanFeesNetOfCostsGreaterThanNinetyDays
0 usd
CY2024Q3 fmbm Deferred Loan Fees Net Of Costs Non Accruel Loans
DeferredLoanFeesNetOfCostsNonAccruelLoans
0 usd
CY2024Q3 fmbm Deferred Loan Fees Net Of Costs Current
DeferredLoanFeesNetOfCostsCurrent
684000 usd
CY2024Q3 fmbm Less Deferred Loan Fees Net Of Costs Aggregate Loan Receivable
LessDeferredLoanFeesNetOfCostsAggregateLoanReceivable
684000 usd
CY2024Q3 fmbm Gross Loans Net Of Costs Non Accruel Loans
GrossLoansNetOfCostsNonAccruelLoans
6577000 usd
CY2024Q3 fmbm Gross Loans Net Of Costs Current
GrossLoansNetOfCostsCurrent
816598000 usd
CY2024Q3 fmbm Gross Loans Net Of Costs Total Loan Receivable
GrossLoansNetOfCostsTotalLoanReceivable
830717000 usd
CY2023Q4 fmbm Deferred Loan Fees Net Of Costs Thirty To Fifty Nine Days Past Due
DeferredLoanFeesNetOfCostsThirtyToFiftyNineDaysPastDue
0 usd
CY2023Q4 fmbm Deferred Loan Fees Net Of Costs Sixty To Enghty Nine Days Past Due
DeferredLoanFeesNetOfCostsSixtyToEnghtyNineDaysPastDue
0 usd
CY2023Q4 fmbm Deferred Loan Fees Net Of Costs Greater Than Ninety Days
DeferredLoanFeesNetOfCostsGreaterThanNinetyDays
0 usd
CY2023Q4 fmbm Deferred Loan Fees Net Of Costs Non Accruel Loans
DeferredLoanFeesNetOfCostsNonAccruelLoans
0 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
CY2023Q4 fmbm Gross Loans Net Of Costs Non Accruel Loans
GrossLoansNetOfCostsNonAccruelLoans
6438000 usd
CY2023Q4 fmbm Gross Loans Net Of Costs Current
GrossLoansNetOfCostsCurrent
807953000 usd
CY2023Q4 fmbm Gross Loans Net Of Costs Total Loan Receivable
GrossLoansNetOfCostsTotalLoanReceivable
822092000 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Nonaccrual No Allowance
DebtSecuritiesHeldToMaturityNonaccrualNoAllowance
6600000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Nonaccrual No Allowance
DebtSecuritiesHeldToMaturityNonaccrualNoAllowance
6400000 usd
CY2024Q3 fmbm Loanborrower Amount
LoanborrowerAmount
15000 usd
CY2023Q4 fmbm Loanborrower Amount
LoanborrowerAmount
159000 usd
CY2024Q3 fmbm Less Unamortized Net Deferred Loan Fees Loans Individually Evaluated
LessUnamortizedNetDeferredLoanFeesLoansIndividuallyEvaluated
0 usd
CY2024Q3 fmbm Less Unamortized Net Deferred Loan Fees Loans Collectively Evaluated
LessUnamortizedNetDeferredLoanFeesLoansCollectivelyEvaluated
0 usd
CY2024Q3 fmbm Less Unamortized Net Deferred Loan Fees Loan Balances
LessUnamortizedNetDeferredLoanFeesLoanBalances
-684000 usd
CY2024Q3 fmbm Less Unamortized Net Deferred Loan Fees Allowance For Credit Losses Loans Collectively Evaluated
LessUnamortizedNetDeferredLoanFeesAllowanceForCreditLossesLoansCollectivelyEvaluated
0 usd
CY2024Q3 fmbm Less Unamortized Net Deferred Loan Fees Allowance For Credit Losses Loans
LessUnamortizedNetDeferredLoanFeesAllowanceForCreditLossesLoans
0 usd
CY2024Q3 fmbm Less Unamortized Net Deferred Loan Fees Allowance For Credit Losses Loans Individually Evaluated
LessUnamortizedNetDeferredLoanFeesAllowanceForCreditLossesLoansIndividuallyEvaluated
0 usd
CY2024Q3 fmbm Net Loans Held For Investment Loans Individually
NetLoansHeldForInvestmentLoansIndividually
4493000 usd
CY2024Q3 fmbm Net Loans Held For Investment Loans Collectively
NetLoansHeldForInvestmentLoansCollectively
826908000 usd
CY2024Q3 fmbm Net Loans Held For Investment Loans
NetLoansHeldForInvestmentLoans
830717000 usd
CY2024Q3 fmbm Net Loans Held For Investment Allowance For Credit Losses Loans Individually
NetLoansHeldForInvestmentAllowanceForCreditLossesLoansIndividually
457000 usd
CY2024Q3 fmbm Net Loans Held For Investment Allowance For Credit Losses Loans Collectively
NetLoansHeldForInvestmentAllowanceForCreditLossesLoansCollectively
7571000 usd
CY2024Q3 fmbm Net Loans Held For Investment Allowance For Credit Losses Loans
NetLoansHeldForInvestmentAllowanceForCreditLossesLoans
8028000 usd
CY2023Q4 fmbm Less Unamortized Net Deferred Loan Fees Loans Individually Evaluated
LessUnamortizedNetDeferredLoanFeesLoansIndividuallyEvaluated
0 usd
CY2023Q4 fmbm Less Unamortized Net Deferred Loan Fees Loans Collectively Evaluated
LessUnamortizedNetDeferredLoanFeesLoansCollectivelyEvaluated
0 usd
CY2023Q4 fmbm Less Unamortized Net Deferred Loan Fees Loan Balances
LessUnamortizedNetDeferredLoanFeesLoanBalances
-672000 usd
CY2023Q4 fmbm Less Unamortized Net Deferred Loan Fees Allowance For Credit Losses Loans Individually Evaluated
LessUnamortizedNetDeferredLoanFeesAllowanceForCreditLossesLoansIndividuallyEvaluated
0 usd
CY2023Q4 fmbm Less Unamortized Net Deferred Loan Fees Allowance For Credit Losses Loans Collectively Evaluated
LessUnamortizedNetDeferredLoanFeesAllowanceForCreditLossesLoansCollectivelyEvaluated
0 usd
CY2023Q4 fmbm Less Unamortized Net Deferred Loan Fees Allowance For Credit Losses Loans
LessUnamortizedNetDeferredLoanFeesAllowanceForCreditLossesLoans
0 usd
CY2023Q4 fmbm Net Loans Held For Investment Loans Individually
NetLoansHeldForInvestmentLoansIndividually
5144000 usd
CY2023Q4 fmbm Net Loans Held For Investment Loans Collectively
NetLoansHeldForInvestmentLoansCollectively
817620000 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
CY2024Q3 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
684000 usd
CY2024Q3 fmbm Long Term Investments Total
LongTermInvestmentsTotal
830717000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
672000 usd
CY2023Q4 fmbm Long Term Investments Total
LongTermInvestmentsTotal
822092000 usd
CY2024Q3 fmbm Allowance For Credit Losses Unfunded Commitments
AllowanceForCreditLossesUnfundedCommitments
608000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
57000 usd
CY2024Q3 fmbm Other Real Estate Owned
OtherRealEstateOwned
0 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2300000 usd
CY2024Q3 fmbm Mortgage Loans Unpaid
MortgageLoansUnpaid
2300000 usd
CY2024Q3 fmbm Forward Sale Commitments
ForwardSaleCommitments
12000 usd
CY2023Q4 fmbm Forward Sale Commitments
ForwardSaleCommitments
22000 usd
CY2024Q3 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
0 usd
CY2023Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
55000 usd
CY2024Q3 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
23420000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-72000 usd

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