Statements of Operations (Unaudited) (USD $) In Thousands, except Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Interest income
Interest and fees on loans held for investment	$ 6,644	$ 6,421	$ 13,013	$ 12,892
Interest and fees on loans held for sale	214	307	311	464
Interest on federal funds sold	8	4	26	17
Interest on interest bearing deposits	8	7	16	12
Dividends on equity securities	53	57	87	105
Interest on debt securities	67	106	134	219
Total interest income	6,994	6,902	13,587	13,709
Interest expense
Interest on demand deposits	430	505	861	963
Interest on savings accounts	48	50	95	96
Interest on time deposits over $100,000	296	372	596	788
Interest on time deposits	623	767	1,250	1,615
Total interest on deposits	1,397	1,694	2,802	3,462
Interest on short-term debt	4	6	9	13
Interest on long-term debt	585	552	1,207	1,181
Total Interest Expense	1,986	2,252	4,018	4,656
Net interest income	5,008	4,650	9,569	9,053
Provision for loan losses	1,100	900	2,200	1,800
Net interest income after provision for loan losses	3,908	3,750	7,369	7,253
Noninterest income
Service charges	279	309	519	614
Insurance and other commissions	162	115	234	196
Other	271	397	663	667
Income on bank owned life insurance	88	94	175	167
Other than temporary impairment losses	(57)	0	(57)	0
Gain on the sale of securities	346	0	346	30
Total noninterest income	1,089	915	1,880	1,674
Noninterest expense
Salaries	1,370	1,261	2,695	2,578
Employee benefits	459	341	905	761
Occupancy expense	140	144	275	292
Equipment expense	148	152	297	298
Intangible amortization	0	69	46	138
FDIC insurance assessment	285	297	568	579
Other	937	979	1,825	1,743
Total noninterest expense	3,339	3,243	6,611	6,389
Income before income taxes	1,658	1,422	2,638	2,538
Income tax expense	406	422	701	779
Consolidated net income	1,252	1,000	1,937	1,759
Net (income) loss - Noncontrolling interest	(21)	(20)	(20)	(23)
Net Income - F & M Bank Corp	$ 1,231	$ 980	$ 1,917	$ 1,736
Per share data
Net income	$ 0.49	$ 0.43	$ 0.80	$ 0.76
Cash dividends	$ 0.15	$ 0.15	$ 0.30	$ 0.30
Weighted average shares outstanding	2,488,306	2,297,096	2,408,023	2,296,374