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8-K - CURRENT REPORT - F&M BANK CORP | fmbm_8k.htm |
Exhibit 99.1
F
& M Bank Corp. Announces Dividend
TIMBERVILLE, VA / ACCESSWIRE /
January 23, 2018 / F &
M Bank Corp. (OTCQX: FMBM), parent company of Farmers
& Merchants Bank, announces its recently declared fourth
quarter dividend.
Mark Hanna, President,
commented, "On January 18, 2018, our
Board of Directors declared a fourth quarter dividend of $0.25 per
share, this is a $.01 increase over prior quarter. Based
on our most recent trade price of $33.35 per share, this dividend
constitutes a 3.00% yield on an annualized basis. The dividend will
be paid on February 15, 2018, to shareholders of record as of
February 1, 2018."
F
& M Bank Corp. is an independent, locally-owned, financial
holding company, offering a full range of financial services,
through its subsidiary, Farmers & Merchants Bank's thirteen
banking offices in Rockingham, Shenandoah, Page and Augusta
Counties, Virginia. The Bank also provides additional services
through a loan production office located in Penn Laird, VA and
through its subsidiaries, VBS Mortgage and VSTitle, both of which
are 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.
CONTACT:
Neil
Hayslett, EVP/Chief Administrative Officer
540-896-8941 or NHayslett@FMBankVA.com
SOURCE: F & M Bank Corp.