Filing Analysis
F&M Bank Corp. announced its quarterly earnings results for the period ending September 30, 2024, and declared its third quarter dividend.
π Key Facts
- Reported results of operations and financial condition for the quarter and nine months ended September 30, 2024.
- Announced the company's third quarter dividend via press release dated November 8, 2024.
- The filing was signed by Lisa F. Campbell, Executive Vice President and CFO.
F&M Bank Corp. announced the appointment of Neil A. Houff to its Board of Directors and the Board of Farmers & Merchants Bank, effective October 23, 2024.
π Key Facts
- Neil A. Houff appointed as a director of F&M Bank Corp. on October 23, 2024.
- Mr. Houff will serve until the Companyβs next annual meeting of shareholders.
- Appointment includes membership on the Board of Directors of Farmers & Merchants Bank (the wholly owned subsidiary).
- Compensation follows standard non-employee director arrangements as detailed in the 2024 proxy statement.
- Mr. Houff is currently the President of Houff Corporation.
F&M Bank Corp. announced that management will present at the Raymond James U.S. Bank Conference on September 5, 2024. The company furnished a slide presentation as an exhibit to this filing.
π Key Facts
- Management is presenting at the Raymond James U.S. Bank Conference on September 5, 2024.
- The company has furnished a slide presentation (Exhibit 99.1) under Item 7.01.
- Information provided under Item 7.01 is 'furnished' and not 'filed' for purposes of Section 18 of the Exchange Act.
F&M Bank Corp. filed an 8-K to announce its quarterly and semi-annual financial results for the period ending June 30, 2024, alongside the declaration of its second quarter dividend.
π Key Facts
- Reported results for the quarter and six months ended June 30, 2024.
- Announced the company's second quarter dividend via press release.
- Filing date: July 29, 2024.
F&M Bank Corp. announced the retirement of Larry A. Caplinger from its Board of Directors, effective July 18, 2024.
π Key Facts
- Larry A. Caplinger retired from the Board of Directors on July 18, 2024.
- The departure is due to meeting the mandatory retirement age set forth in the Company's bylaws.
- Mr. Caplinger served on the Board for a period of 12 years.
F&M Bank Corp. reported the results of its annual meeting of shareholders held on May 18, 2024. The meeting included elections for directors, ratification of the independent auditor, and a non-binding vote on executive compensation.
π Key Facts
- Annual meeting of shareholders held on May 18, 2024.
- Three directors (Anne B. Keeler, Daphyne S. Thomas, Peter H. Wray) were elected to terms ending at the 2027 annual meeting.
- Yount, Hyde & Barbour PC was ratified as the independent registered public accounting firm for 2024 with 2,236,106 votes in favor.
- The 'Say on Pay' advisory resolution regarding executive compensation was approved with 1,290,783 votes in favor.
F&M Bank Corp. reported the triggering of settlement accounting for its defined benefit pension plan due to lump sum payments exceeding service and interest costs. This resulted in a recognized gain, which was subsequently adjusted upward following an additional distribution.
π Key Facts
- Settlement accounting triggered on April 25, 2024, because lump sum payments exceeded the sum of plan's service cost and interest cost.
- The Company initially recognized a pension gain of $547,345 in Q2 2024.
- On May 8, 2024, the gain was increased to $577,305 due to an additional lump sum distribution.
- The Company intends to terminate the pension plan on June 1, 2024.
This is an amendment (8-K/A) to a previously filed 8-K. The purpose of the filing is to include Exhibit 99.1, which was inadvertently omitted from the original submission on April 30, 2024.
π Key Facts
- Filing is an Amendment No. 1 to the Original Filing dated December 14, 2023 (Note: text contains a potential clerical error in the amendment description regarding dates).
- The primary purpose is to attach Exhibit 99.1 (Press Release) which was omitted.
- The attached press release concerns results of operations and financial condition for the quarter ended March 31, 2024.
- The filing also announces the company's first quarter dividend.
F&M Bank Corp. filed an 8-K to announce its quarterly earnings results for the period ended March 31, 2024, and the declaration of its first quarter dividend.
π Key Facts
- Report date: April 30, 2024
- Reporting period: Quarter ended March 31, 2024
- Content includes quarterly results announcement and first quarter dividend declaration
- The information is furnished under Item 2.02 and is not considered 'filed' for purposes of Section 18.
F&M Bank Corp. filed an 8-K to furnish investor presentation materials used in recent meetings. The filing is a standard regulatory disclosure under Regulation FD.
π Key Facts
- The company furnished investor presentation materials as Exhibit 99.1.
- The information provided under Item 7.01 is 'furnished' rather than 'filed' for purposes of Section 18 of the Exchange Act.
- Filing date: January 30, 2024.
F&M Bank Corp. filed an 8-K to announce its financial results for the quarter and fiscal year ended December 31, 2023, alongside the declaration of its fourth quarter dividend.
π Key Facts
- Report date: January 29, 2024
- Reporting period: Quarter and Year ended December 31, 2023
- The filing includes a press release (Exhibit 99.1) regarding results of operations and financial condition.
- The company announced its fourth quarter dividend.