8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

___________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 27, 2015

___________

F & M Bank Corp.

(Exact name of registrant as specified in its charter)

Virginia (State or other jurisdiction of incorporation)	000-13273 (Commission File Number)		54-1280811 (IRS Employer Identification No.)
P.O. Box 1111 Timberville, Virginia (Address of principal executive offices)		22853 (Zip Code)

Registrant’s telephone number, including area code:  (540) 896-8941

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.                      Results of Operations and Financial Condition.

 On July 27, 2015, F & M Bank Corp. (the “Company”) issued a press release announcing results for the quarter ended June 30, 2015. A copy of the press release is attached as Exhibit 99.1.

 The information in this Form 8-K, and the exhibit hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.                      Financial Statements and Exhibits.

(d)           Exhibits.

Exhibit No.                      Description

99.1 Press Release dated July 27, 2015.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	F & M Bank Corp.
Date: July 27, 2015	By:	/s/ Neil W. Hayslett
		Neil W. Hayslett
		Executive Vice President and Chief Administrative Officer

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EXHIBIT INDEX

Exhibit No.                      Description

99.1 Press Release dated July 27, 2015.

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EX-99.1

Ex. 99.1

F & M Bank Corp. Announces

RECORD QUARTERLY AND YEAR TO DATE EARNINGS AND DIVIDEND PAYMENT

TIMBERVILLE, VA—July 27, 2015—F & M Bank Corp. (OTCQB: FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the second quarter and it’s recently declared second quarter dividend.

Selected Financial Highlights:	2015									2014
		Q2			Q1		YTD				Q2			Q1		YTD
Net Income (000's)	$	2,176		$	1,871		$	4,047		$	1,484		$	1,183		$	2,667
Net Income available to Common	$	2,049		$	1,743		$	3,792		$	-		$	1,183		$	2,667
Earnings per share		0.62			0.53			1.15			0.45			0.46			0.91
Net Interest Margin		4.46	%		4.46	%		4.46	%		4.35	%		4.16	%		4.26	%
Allowance for loan losses		1.67	%		1.70	%		1.67	%		1.61	%		1.66	%		1.61	%
Provision for loan losses (000's)	$	-		$	300		$	300		$	750		$	750		$	1,500
Non-Performing Loans (000's)	$	7,299		$	7,174		$	7,299		$	7,382		$	11,058		$	7,382
Equity to Assets		12.43	%		12.26	%		12.43	%		11.91	%		11.67	%		11.91	%
Efficiency Ratio		59.65	%		60.36	%		60.00	%		56.62	%		60.91	%		58.67	%

Dean Withers, President and CEO, commented “Our second quarter earnings for 2015 totaled $2.18 million, which is an increase of over 47% compared to 2014. We continue to achieve record quarterly earnings on the strength of our net interest margin.” Withers continued, “Loans held for investment increased 7.6% or $37.5 million in the past twelve months. Loans held for sale increased $42.1 million compared to the same period in 2014, fueled by lower secondary market interest rates and an improving real estate market.”

“We are ecstatic about the early success of our newest branch, which opened on June 15th in Staunton, VA. We have been serving Augusta County for over two years with a loan production office in Fishersville. This new branch gives us greater opportunities to meet all the financial needs of our growing customer base in this market,” commented Withers.

Withers stated, “The continued stability in our non-performing loans has enabled us to reduce our provision for loan losses, while maintaining a healthy allowance for loan losses of 1.67%. We continue to experience improvement in our criticized asset ratio which further supports the reduced provision.” Withers continued, “On July 21, 2015, our Board of Directors declared a second quarter dividend of $0.18 per share. Based on our most recent trade price of $21.05 per share, this dividend constitutes a 3.42% yield on an annualized basis. The dividend will be paid on August 18, 2015, to shareholders of record as of August 4, 2015.” Highlights of the company’s financial performance are included below.

F & M Bank Corp. is an independent, locally-owned, community bank holding company, offering a full range of financial services, through its subsidiary, Farmers & Merchants Bank’s nine banking offices in Rockingham, Shenandoah, Page and Augusta Counties, Virginia. The Bank also provides additional services through two loan production offices located in Penn Laird, VA and Fishersville, VA and through its subsidiary, VBS Mortgage located in Harrisonburg, VA.  Additional information may be found by contacting us on the internet at www.fmbankva.com or by calling (540) 896-8941.

This press release may contain “forward-looking statements” as defined by federal securities laws, which may involve significant risks and uncertainties. These statements address issues that involve risks, uncertainties, estimates and assumptions made by management, and actual results could differ materially from the results contemplated by these forward-looking statements. Factors that could have a material adverse effect on our operations and future prospects include, but are not limited to, changes in: interest rates, general economic conditions, legislative and regulatory policies, and a variety of other matters. Other risk factors are detailed from time to time in our Securities and Exchange Commission filings. Readers should consider these risks and uncertainties in evaluating forward-looking statements and should not place undue reliance on such statements. We undertake no obligation to update these statements following the date of this press release.

SOURCE:                      F & M Bank Corp.

CONTACT:                      Neil Hayslett, EVP/Chief Administrative Officer, 540-896-8941 or NHayslett@FMBankVA.com

F & M Bank Corp. Financial Highlights
	For Six Months Ended June 30
INCOME STATEMENT	Unaudited 2015			Unaudited 2014
Interest and Dividend Income	$	14,383,982		$	12,965,371
Interest Expense		1,383,329			1,869,638
Net Interest Income		13,000,653			11,095,733
Non-Interest Income Provision for Loan Losses Other Non-Interest Expenses		1,739,821  300,000  8,882,243			1,710,245  1,500,000 7,539,354
Income Before Income Taxes		5,558,231			3,766,624
Provision For Income Taxes Less Minority Interest income		1,434,923 76,124			1,117,775 (18,092)
Net Income	$	4,047,184		$	2,666,941
Dividend on preferred stock		255,000			-
Net Income available to common shareholders	$	3,792,184		$	2,666,941
Average Common Shares Outstanding		3,293,510			2,945,363
Net Income Per Common Share Dividends Declared		1.15 .36			.91  .34
BALANCE SHEET	Unaudited June 30, 2015			Unaudited June 30, 2014
Cash and Due From Banks	$	6,290,636		$	8,413,665
Interest Bearing Bank Deposits		528,054			934,913
Federal Funds Sold		-			3,337,000
Loans Held for Sale Loans Held for Investment		55,761,519 532,805,332			13,696,850  495,306,477
Less Allowance for Loan Losses		(8,914,344	)		(7,995,149	)
Net Loans Held for Investment		523,890,988			487,311,328
Securities		24,179,119			19,124,724
Other Assets		35,265,324			36,624,218
Total Assets	$	647,915,640		$	569,442,698
Deposits	$	482,770,490		$	472,249,851
Short Term Debt		48,087,143			3,294,870
Long Term Debt		24,321,429			7,500,000
Subordinated Debt Other Liabilities		- 12,2219,594			10,191,000  8,389,514
Total Liabilities		567,398,656			501,625,235
Stockholders’ Equity		80,516,984			67,817,463
Total Liabilities and Stockholders’ Equity	$	647,915,640		$	569,442,698
Book Value Per Common Share	$	21.58		$	20.62

SOURCE:                      F & M Bank Corp.

CONTACT:                  Neil Hayslett, EVP/Chief Administrative Officer, 540-896-8941 or NHayslett@FMBankVA.com