F&M Bank (Timberville, Virginia) Overview and Financial Analysis

F&M Bank, located in Timberville, Virginia, has a long history dating back to 1907 when it was founded as the Farmers and Merchants Bank. It has since grown to become one of the largest community banks in the region.

F&M Bank is a community bank that serves the Shenandoah Valley area, offering a range of personal and business banking services. Its main office is located in Timberville, Virginia, with several branches throughout the region.

The bank has a strong commitment to community development, with a focus on supporting local businesses and organizations. This commitment has earned it recognition as a top-performing bank in the region.

F&M Bank is FDIC-insured, which means that deposits are insured up to $250,000, providing customers with peace of mind and financial security.

Farmers & Merchants Bank was founded in January 1908 and is based in Timberville, Virginia. It operates as a subsidiary of F & M Bank Corp.

The bank is classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). It's also a FDIC-insured bank with certificate number 8668.

Farmers & Merchants Bank has 15 branches located in Virginia, making it the 29th largest bank in the state.

F&M Bank offers lending services to support individuals and businesses in low wealth communities. They provide assistance to entrepreneurs and existing businesses.

Their loans have helped multiple nonprofit organizations and businesses. These loans aim to increase administrative and operational efficiency in the region.

One of the ways they help is with cash management services. These services are intended to increase efficiency and make a positive impact in the community.

F&M Bank has a history of strategic acquisitions. In 2017, they acquired Valley Southern Title, an insurance company based in Harrisonburg, VA, expanding their services and offerings.

F&M Bank is committed to giving back to the community it serves. Through its community programs, the bank has formed partnerships with local community-based organizations and corporations in Virginia.

Farmers & Merchants Bank was founded in January 1908 and is based in Timberville, Virginia.

The bank operates as a subsidiary of F & M Bank Corp. and is classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB).

Farmers & Merchants Bank is a FDIC-insured bank with certificate number of 8668.

The bank has one routing number in our database and the routing number for Farmers & Merchants Bank is 051404419.

This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.

The full address of bank headquarters is 165 New Market Rd., Timberville, VA 22853.

You can visit the official website of the bank at https://www.fmbankva.com for more information and online banking service if available.

The bank currently operates with 15 branches located in Virginia and is the 29th largest bank in Virginia.

Here are some key bank details:

F&M Bank has shown steady growth in its revenue over the years. In 2024, the bank's revenue reached $42.36 million, a 3.84% increase from the previous year's $40.79 million.

The bank's financial performance has been strong, with earnings increasing significantly. In 2024, earnings were $7.29 million, a 162.90% increase from the previous year.

F&M Bank's financials have been steadily improving, setting the stage for solid results in future years. Strong fourth quarter loan growth in 2022 was a notable highlight.

The bank has consistently reported earnings and dividends, providing its stakeholders with regular updates on its financial performance. In 2022, the bank announced its second quarter earnings and dividend in July.

F & M Bank Corp. has reported quarterly earnings and dividends consistently throughout 2022. Their parent company, Farmers & Merchants Bank, has been releasing financial updates.

Strong loan growth was a notable aspect of their fourth quarter 2022 results, setting the stage for solid results in 2023. The associated, unaudited financials provide additional information.

In the second quarter of 2022, F & M Bank Corp. reported earnings for the quarter ending June 30, 2022, with Mark Ha... involved in the announcement. The company's net income was reported for each quarter of 2022.

The bank's record annual earnings for 2021 were announced in January 2022, with net income available to common shareholders of $... reported.

F & M Bank Corp. reported earnings for the quarter ending September 30, 2022.

The parent company of Farmers & Merchants Bank announced its third quarter 2022 earnings and dividend on October 26, 2022.

TIMBERVILLE, VA / ACCESSWIRE / October 26, 2022 was the date of the announcement.

F & M Bank Corp. is listed on the OTCQX under the ticker symbol FMBM.

Mark Haas was part of the announcement, as he was mentioned in the press release.

The earnings for the quarter were for the period ending June 30, 2022 was not the case, but rather September 30, 2022.

F & M Bank Corp reported earnings for the quarter ending June 30, 2022.

The company's parent, F & M Bank Corp, announced its Second Quarter 2022 Earnings And Dividend on July 28, 2022.

Mark Hafner, President and CEO, led the announcement.

F & M Bank Corp reported net income for the quarter ending June 30, 2022, but the exact amount is not specified in the provided article section.

F&M Bank Corp Investor Relations is a valuable resource for investors and stakeholders. It's a great place to compare the stock's returns with its benchmark index and competitors, giving you insights into its relative performance over time.

F&M Bank Corp's investor relations page provides a wealth of information to help you make informed decisions. You can gain insights into its relative performance over time.

Comparing the stock's returns with its benchmark index and competitors is a crucial step in evaluating a company's performance.