F&M Bank Corp. to Webcast, Live, at VirtualInvestorConferences.com March 15News Release: 3/14/2017
Timberville, Va., March 10, 2017 /PRNewswire/ -- F&M Bank Corp. (OTCQX:FMBM), the only publicly traded institution based in Harrisonburg/Rockingham County MSA, VA, and the holding company for Farmers & Merchants Bank, today announced that Neil Hayslett, EVP will present live at VirtualInvestorConferences.com on March 15, 2017.
DATE: Wednesday, March 15, 2017
TIME: 11:30 AM
This will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the association’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.
It is recommended that investors pre-register and run the online system check to save time and receive event updates.
Learn more about the event at www.VirtualInvestorConferences.com.
Recent Company Highlights for the Fourth Quarter and Full-Year 2016
About F&M Bank Corp.
The primary mission of Farmers & Merchants Bank is to be a strong, independent community banking organization that provides a reasonable return to our shareholders, quality service to our customers and communities, and a rewarding and challenging workplace for our employees.
F & M Bank Corp., incorporated in Virginia in 1983 is a financial holding company, owns 100% of the outstanding stock of Farmers & Merchants Bank, which incorporated in 1908 (F&M Bank), and a majority interest in VSTitle. F&M Bank owns 100% of TEB Life Insurance Company (a captive life insurance company), Farmers & Merchants Financial Services, Inc. (our investment division) and a majority interest in VBS Mortgage (our residential mortgage division).
Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
- Net income of $2.5 million and $9.6 million, respectively;
- Net income per common share increased 15.42% YTD;
- Net interest margin of 4.34%;
- Non-performing assets declined $1.9 million or 21.5% compared to a year earlier;
- Loans held for investment increased $47.6 million YTD;
- Return on Average Assets of 1.34% YTD.