F&M BANK CORP
Close on Oct 19, 2026
- Market cap
- $146.43B
- P/E (TTM)
- 10.1
- Dividend yield
- 2.55%
About F&M Bank
State Commercial Banks, SIC 6022
F & M Bank Corp. is a financial holding company that operates primarily through its subsidiary, Farmers & Merchants Bank, and VSTitle, LLC. It offers financial services to individuals and businesses, including commercial, manufacturing, agricultural, and governmental customers. The bank provides deposit products such as demand and time accounts, alongside commercial loans, consumer loans, residential mortgages, and indirect automobile financing. It also originates conventional and government agency mortgages for sale in the secondary market, issues title insurance, and provides digital banking, automated teller machines, drive-in banking, and commercial courier services.
The company and its banking subsidiary are headquartered in Timberville, Virginia, with their primary operations centers located in the Shenandoah Valley of Virginia. Its market area is concentrated within this regional Virginia community. The bank operates with 173 full-time equivalent employees, none of whom are represented by a union or covered under collective bargaining agreements.
Summary of the business section of F&M Bank's latest annual report, written by StockData.
Company profile
Company
- Legal name
- F&M BANK CORP
- Founded
- 1908
- Headquarters
- Timberville, VA
- Address
- P.O. Box 1111 22853
- Phone
- (540) 896-8941
- Website
- fmbankva.com
- Employees
- 173, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Virginia
- Fiscal year ends
- December 31
- Auditor
- Elliott Davis, PLLC, Raleigh, North Carolina
Stock & identifiers
- Ticker
- FMBM
- Exchange
- OTC
- Shares outstanding
- 4M, Aug 10, 2026
- Public float
- $66.33M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 740806
- CUSIP
- 30237P106
- ISIN
- US30237P1066
- LEI
- 549300V2YLC1I721HE07
- EIN
- 54-1280811
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Aubrey M. Wilkerson | CEO, Director | 32,728 |
| Barton E. Black | President | 160,050 |
| Evan S. McHaffa | EVP/Chief Credit Officer | 650 |
| Melody D. Emswiler | EVP/Chief Human Resources | 9,999 |
| Paul E. Eberly | EVP/Chief Lending Officer | 10,663 |
| Charles C. Driest | EVP/Chief Experience Officer | 10,190 |
| Lisa F. Campbell | EVP/CFO | 9,389 |
| Jason Withers | EVP, Chief Credit Officer | 4,094 |
| Bret V. Harrison | Director | 901 |
| Christopher S. Runion | Director | 11,643 |
| John A. Willingham | Director | 22,127 |
| Edward Ray Burkholder | Director | 150,202 |
| Hannah W. Hutman | Director | 7,992 |
| Erica N. Truban | Director | 102 |
| Neil A. Houff | Director | 2,287 |
| Anne B. Keeler | Director | 3,564 |
| Peter H. Wray | Director | 7,898 |
| Dean W. Withers | Director | 78,587 |
| Michael W. Pugh | Director | 19,604 |
| Daphyne S. Thomas | Director | 1,900 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Aubrey M. (Mike) Wilkerson | $0 | $0 | $548.55K | $139000 | – |
| FY2024 Aubrey M. (Mike) Wilkerson | $0 | $0 | $459.18K | $98000 | – |
| FY2023 Aubrey M. (Mike) Wilkerson | $964.06K | $939.25K | $362.88K | $89000 | – |
| FY2022 | $657.70K | $0 | $390.11K | $110000 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“On December 31, 2025, the Bank had 173 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 28, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 28, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 11, 2020 | Late filing | Notification of late filing |
| Oct 17, 2016 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 22, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Sep 1, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 17, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Feb 23, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 26, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |