F&M Bancorp
FMOO
Other OTC65.40
USD
- -
- -
ISIN
US3023681055
CUSIP
302368105
Return %
Stock
S&P500
1Y
-0.30
26.53
3Y
11.79
76.60
5Y
-17.48
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Shon Myers
- Full Time Employees
- 42
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 41 South First Street Miamisburg OH United States of America 45342
- IPO Date
- Apr 11, 1997
- Website
- bankwithfm.com
- Similar Companies
- Business
- F&M Bancorp (FMOO) is an Ohio-based financial holding company and the parent of its wholly owned subsidiary, Farmers & Merchants Bank, a state-chartered community bank providing retail and commercial banking services primarily in the Miami Valley region of southwestern Ohio. The bank offers personal and business checking and savings accounts; time deposits and certificates of deposit; custodial services for individual retirement accounts and health savings accounts; consumer, auto, home improvement, recreational vehicle, and recreational motorcycle loans; residential mortgage, agricultural, and commercial real estate loans including lines of credit and machinery purchase financing; commercial and industrial loans; and digital banking services such as online banking, mobile banking, bill pay, remote deposit capture, automated teller machines, and electronic transaction origination including wires and ACH services. Founded in 1923 and headquartered at 41 South First Street in Miamisburg, Ohio, the company operates branches in Miamisburg, Germantown, West Carrollton, New Lebanon, and Springboro, serving individual consumers, small businesses, farmers, and local commercial clients with a focus on personalized community banking. As of year-end 2023, total assets stood at $292 million, deposits at $248 million, and loans at $224 million, reflecting strong growth in loans and stable deposit funding. In recent developments, F&M Bancorp marked its 100th anniversary in 2023 with a $100,000 donation to the Miamisburg Community Foundation for a local playground and reported record net income of $3.95 million, up from $3.45 million in 2022, driven by a net interest margin of 4.02% and robust loan expansion amid a challenging interest rate environment. The company maintains a dividend reinvestment plan, quarterly dividends totaling $1.90 per share in 2023 (yielding shareholder returns of 7.03% excluding dividends and 8.88% including), and fair market stock value of $109.65 per share as of December 31, 2023, with shares traded over-the-counter through market maker Community Banc Investments. No major acquisitions, partnerships, or strategic shifts have been announced in the past 1-2 years.