F&M Bank Corp (FMBM) financial statements (2021 and earlier)

Company profile

Business Address P.O. BOX 1111
TIMBERVILLE, VA 22853
State of Incorp. VA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments18576111216923
Cash and cash equivalents7876111216923
Short-term investments107      
Receivables36036396175925441
Disposal group, including discontinued operation      13
Deferred tax assets11221
Total current assets:18867965163061055438
Noncurrent Assets
Operating lease, right-of-use asset 1
Property, plant and equipment181918161086
Long-term investments and receivables639      
Long-term investments639      
Intangible assets, net (including goodwill)14333333
Goodwill3333333
Intangible assets, net (excluding goodwill)11      
Total noncurrent assets:67123211913109
Other undisclosed assets108112109104122101558
TOTAL ASSETS:967814780753745665605
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt0104025402514
Total current liabilities:0104025402514
Noncurrent Liabilities
Long-term debt and lease obligation3353405064010
Long-term debt, excluding current maturities3353405064010
Total noncurrent liabilities:3353405064010
Other undisclosed liabilities838659608587554557503
Total liabilities:871722688662658582528
Stockholders' equity
Stockholders' equity attributable to parent, including:96929291878378
Preferred stock5568899
Common stock16161616161616
Additional paid in capital78810111111
Accumulated other comprehensive loss(3)(3)(4)(4)(3)(3)(2)
Retained earnings71666661554843
Other undisclosed stockholders' equity attributable to parent 111110
Stockholders' equity attributable to noncontrolling interest      0
Other undisclosed stockholders' equity      (0)
Total stockholders' equity:96929291878378
TOTAL LIABILITIES AND EQUITY:967814780753745665605

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues35464337353128
Net investment income34383634322927
Cost of revenue(3)(7)(3)  (0)(2)
Provision for loan, lease, and other losses(3)(7)(3)
Financial services costs  (0)(2)
Gross profit:32394037353025
Operating expenses(17)(24)(19)(14)(10)(9)(9)
Operating income:15152123252117
Nonoperating income1110000
Bank owned life insurance income1110000
Interest and debt expense(6)(7)(5)(4)(4)(3)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes0(5)(7)(6)(9)(7)(5)
Income from continuing operations before equity method investments, income taxes:104101313119
Loss from equity method investments (1)(1)(1)(1)  
Income from continuing operations before income taxes:10491312119
Income tax expense (benefit)(1)0(1)(4)(3)(3)(3)
Other undisclosed income from continuing operations 1111  
Income before gain (loss) on sale of properties:95991096
Extraordinary item, loss(0)(0)(1)
Other undisclosed net income     01
Net income:95991096
Net loss attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Other undisclosed net income attributable to parent0   0  
Net income attributable to parent:95991086
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(1)(1)(0)
Net income available to common stockholders, basic:9499986
Other undisclosed net loss available to common stockholders, diluted(0)      
Net income available to common stockholders, diluted:9499986

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:95991096
Other comprehensive income (loss)010(0)(0)(0)(0)
Other undisclosed comprehensive loss(9)      
Comprehensive income:0599996
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(5)(9)(9)(9)(0)(0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent910(0)(0)(9)(1)
Comprehensive income (loss), net of tax, attributable to parent:910(0)(0)(0)4

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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