F&M Bank Q3 2026 net income falls 10% year over year to $2.64 million
FMBM•F&M Bank’s third-quarter 2026 net income fell 10% year over year to $2.64 million. Net interest income rose 17% to $12.29 million, while credit-loss provisions more than doubled to $1.53 million.
1. Quarterly results
F&M Bank’s third-quarter 2026 net income fell 10% year over year to $2.64 million. Net interest income rose 17% to $12.29 million, primarily driven by loan growth.
2. Loans and provisions
Credit-loss provisions more than doubled year over year to $1.53 million, reflecting loan growth and updates to qualitative allowance-model factors. Loans held for investment climbed 9% from year-end 2025 to $970.2 million at September 30, 2026.
