Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest income
Interest and fees on loans held for investment	$ 7,185	$ 6,772
Interest and fees on loans held for sale	372	191
Interest on federal funds sold and bank deposits	8	5
Interest on debt securities	69	43
Total interest income	7,634	7,011
Interest expense
Interest on demand deposits	119	157
Interest on savings accounts	100	33
Interest on time deposits over $100,000	119	123
Interest on other time deposits	220	241
Total interest on deposits	558	554
Interest on borrowed funds	256	131
Total interest expense	814	685
Net interest income	$ 6,820	6,326
Provision for loan losses		300
Net interest income after provision for loan losses	$ 6,820	6,026
Noninterest income
Service charges on deposit accounts	234	226
Insurance and other commissions	100	235
Other operating income	429	323
Income on bank owned life insurance	119	118
Low income housing partnership losses	(183)	(157)
Total noninterest income	699	745
Noninterest expense
Salaries	2,083	1,818
Employee benefits	697	624
Occupancy expense	188	178
Equipment expense	184	163
FDIC insurance assessment	113	192
Other	1,467	1,407
Total noninterest expense	4,732	4,382
Income before income taxes	2,787	2,389
Income tax expense	693	492
Consolidated net income - F & M Bank Corp.	2,094	1,897
Net income - Noncontrolling interest income	4	26
Net Income - F & M Bank Corp	2,090	1,871
Dividends paid on preferred stock	128	128
Net income available to common stockholders	$ 1,962	$ 1,743
Per share data
Net income - basic	$ 0.60	$ 0.53
Net income - diluted	0.56	0.50
Cash dividends	$ 0.19	$ 0.18
Weighted average common shares outstanding - basic	3,285,373	3,292,646
Weighted average common shares outstanding - diluted	3,729,674	3,737,046