F&m Bank Corp.
- FMBM · OTC
- State Commercial Banks
- Timberville, VA
- 173 employees
- CIK 0000740806
Updated from SEC filings through
Top things to know
Executives
- Aubrey M. Wilkerson CEO 4/A, 2026-08-27
- Lisa F. Campbell EVP/CFO 4/A, 2026-08-25
- Barton E. Black President 4/A, 2026-08-27
- Evan S. McHaffa EVP/Chief Credit Officer 4/A, 2026-08-27
- Melody D. Emswiler EVP/Chief Human Resources 4/A, 2026-08-26
- Paul E. Eberly EVP/Chief Lending Officer 4/A, 2026-08-25
F&m Bank Corp is a U.S. public company in state commercial banks (SIC 6022), headquartered in Timberville, VA. It trades as FMBM on OTC. Revenue was $67.8M in the fiscal year ending December 31, 2025, +5.1% from the year before. It reported about 173 employees. Aubrey M. Wilkerson is CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $67.8M 10-K, 2026-03-27 | $64.5M 10-K, 2026-03-27 | $56.4M 10-K, 2025-03-28 | $42.1M 10-K, 2024-03-27 | $35.6M 10-K, 2023-03-22 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $11.2M 10-K, 2026-03-27 | $7.3M 10-K, 2026-03-27 | $2.8M 10-K, 2025-03-28 | $8.3M 10-K, 2024-03-27 | $10.7M 10-K, 2023-03-22 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Aubrey M. Wilkerson | CEO | 4/A, 2026-08-27 |
| Lisa F. Campbell Chief Financial Officer, F&M Bank | EVP/CFO | 4/A, 2026-08-25 |
| Barton E. Black President - F&M Bank | President | 4/A, 2026-08-27 |
| Evan S. McHaffa Executive Vice President, Chief Credit Officer @ F&M Bank | Banking, Commercial Lending, Credit | EVP/Chief Credit Officer | 4/A, 2026-08-27 |
| Melody D. Emswiler | EVP/Chief Human Resources | 4/A, 2026-08-26 |
| Paul E. Eberly Executive Vice President - Chief Development Officer at F&M Bank (Farmers & Merchants Bank) | EVP/Chief Lending Officer | 4/A, 2026-08-25 |
| Charles C. Driest | EVP/Chief Experience Officer | 4/A, 2026-08-25 |
What F&m Bank Corp does
F & M Bank Corp. (the “Company”), incorporated in Virginia in 1983, is a one-bank holding company under the Bank Holding Company Act of 1956 that has elected to become a financial holding company. The Company owns 100% of the outstanding stock of its banking subsidiary, Farmers & Merchants Bank (“Bank”) and VSTitle, LLC (“VST”). VBS Mortgage, LLC (“F&M Mortgage”), is a wholly owned subsidiary of the Bank. Effective on May 15, 2025, the operations, assets, and liabilities of VBS Mortgage, LLC (dba “F&M Mortgage”) were transferred to the Bank. Farmers & Merchants Financial Services, Inc.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 3.6 million (as of August 10, 2026) | 10-Q, August 13, 2026 |
|---|---|---|
| Public float | $66.3M (as of June 30, 2025) | 10-K, March 27, 2026 |
| Latest proxy statement | Meeting April 9, 2026 (filed April 13, 2026) | DEF 14A, April 13, 2026 |
| Auditor | Elliott Davis, PLLC (Raleigh, North Carolina) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| June 18, 2026 | Bret V. Harrison Director | Buy | 228 | $8K | Form 4, June 22, 2026 |
| June 18, 2026 | Neil A. Houff Director | Buy | 171 | $6K | Form 4, June 22, 2026 |
| June 18, 2026 | Hannah W. Hutman Director | Buy | 171 | $6K | Form 4, June 22, 2026 |
| June 18, 2026 | Anne B. Keeler Director | Buy | 171 | $6K | Form 4, June 22, 2026 |
| June 18, 2026 | Peter H. Wray Director | Buy | 171 | $6K | Form 4, June 22, 2026 |
| June 18, 2026 | Edward Ray Burkholder Director | Buy | 247 | $9K | Form 4, June 22, 2026 |
| June 18, 2026 | Christopher S. Runion Director | Buy | 171 | $6K | Form 4, June 22, 2026 |
| June 18, 2026 | John A. Willingham Director | Buy | 77 | $3K | Form 4, June 22, 2026 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 8.01 Other events
- 8-K filed 2026-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-28
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-09
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-26
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-14
- Item 8.01 Other events
- 8-K filed 2026-05-27
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-05-19
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-15
- Item 7.01 Regulation FD disclosure
Frequently asked questions about F&m Bank Corp
- What does F&m Bank Corp do?
- In its own words, from Item 1 of its 10-K: "F & M Bank Corp. (the “Company”), incorporated in Virginia in 1983, is a one-bank holding company under the Bank Holding Company Act of 1956 that has elected to become a financial holding company. The Company owns 100% of the outstanding stock of its banking subsidiary, Farmers & Merchants Bank (“Bank”) and VSTitle, LLC (“VST”). VBS Mortgage, LLC (“F&M Mortgage”), is a wholly owned subsidiary of the Bank. Effective on May 15, 2025, the operations, assets, and liabilities of VBS Mortgage, LLC (dba “F&M Mortgage”) were transferred to the Bank. Farmers & Merchants Financial Services, Inc."
- What is F&m Bank Corp's revenue?
- $67.8M for the fiscal year ending December 31, 2025, from its 10-K filed March 27, 2026.
- Is F&m Bank Corp profitable?
- F&m Bank Corp reported net income of $11.2M for the fiscal year ending December 31, 2025.
- How many employees does F&m Bank Corp have?
- About 173 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of F&m Bank Corp?
- Aubrey M. Wilkerson, CEO, as named in a 4/A filed August 27, 2026.
- Who is the CFO of F&m Bank Corp?
- Lisa F. Campbell, EVP/CFO, as named in a 4/A filed August 25, 2026.
- Where is F&m Bank Corp headquartered?
- Timberville, VA.
- What is F&m Bank Corp's stock ticker?
- FMBM on OTC.
- What industry is F&m Bank Corp in?
- State Commercial Banks, SIC code 6022.
- What is F&m Bank Corp's website?
- fmbankva.com. Investor relations: https://www.fmbonline.com/about/investor-relations.html.
- When does F&m Bank Corp report earnings next?
- November 13, 2026. Source: estimate_10q_cadence.
- Is F&m Bank Corp a public company?
- Yes. F&m Bank Corp files with the SEC under CIK 0000740806 and trades as FMBM.
- Who audits F&m Bank Corp?
- Elliott Davis, PLLC, Raleigh, North Carolina, as named in its latest annual report (10-K).
- How many shares of F&m Bank Corp are outstanding?
- 3.6 million shares as of August 10, 2026, from its 10-Q filed August 13, 2026.
- What is F&m Bank Corp's public float?
- $66.3M as of June 30, 2025, as reported on the cover of its 10-K filed March 27, 2026.
- When is F&m Bank Corp's annual shareholder meeting?
- April 9, 2026, per its proxy statement (DEF 14A) filed April 13, 2026.
- Have F&m Bank Corp insiders traded stock recently?
- Since August 4, 2025, officers and directors reported 2 open-market sales worth about $91K and 52 purchases worth about $802K on Forms 4 and 5. The most recent: Bret V. Harrison (Director) bought 228 shares on June 18, 2026.