F&m Bank Mortgage Rates, Fees & Info

Clarksville, TN

LEI: 549300YRN588YD6VNJ18

Tax ID: 62-0198065

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Bank Data

Review & Overview

F&m Bank is a small bank specializing in Home Purchase and Refi loans. F&m Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Nashville, Clarksville, Tullahoma, Knoxville, and Lewisburg among others. We have data for 65 markets. (Some data included below & more in-depth data is available with an active subscription.)

F&m Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. F&m Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 4/21/24
30 Year Conventional Purchase 6.49% 4/21/24
30 Year Conventional Refi 6.54% 4/21/24
30 Year Cash-out Refi 6.62% 4/21/24
30 Year FHA Purchase 7.02% 4/21/24
30 Year FHA Refi 6.27% 4/21/24
30 Year VA Purchase 5.96% 4/21/24
30 Year VA Refi 6.27% 4/21/24
30 Year USDA Purchase 6.52% 4/21/24
15 Year Conventional Purchase 6.06% 4/21/24
15 Year Conventional Refi 6.42% 4/21/24
15 Year Cash-out Refi 6.42% 4/21/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

F&m Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from F&m Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

4,000

Origination Dollar Volume (All Markets)

$1,189,940,000

Employee count

295 Show all (19) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2,745 $876,165,000 $319,186 $3,415 2.98%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1,001 $244,795,000 $244,550 $5,384 3.18%
Outside of Metro Areas 43 $9,285,000 $215,930 $3,161 3.36%
Tullahoma-Manchester, TN (FHA|USDA|VA) 25 $6,865,000 $274,600 $3,078 2.78%
KNOXVILLE, TN (FHA|USDA|VA) 23 $5,875,000 $255,435 $3,131 3.10%
Lewisburg, TN (FHA|USDA|VA) 16 $4,450,000 $278,125 $3,082 2.99%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 16 $4,100,000 $256,250 $2,954 3.06%
Shelbyville, TN (FHA|USDA|VA) 15 $3,945,000 $263,000 $4,373 2.84%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 6 $2,390,000 $398,333 $2,401 2.77%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 7 $2,365,000 $337,857 $3,627 2.93%
Cookeville, TN (FHA|USDA|VA) 15 $2,195,000 $146,333 $3,661 4.26%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $1,920,000 $480,000 $5,578 3.44%
Cullman, AL (FHA|USDA|VA) 3 $1,485,000 $495,000 $2,891 2.46%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,465,000 $293,000 $3,155 2.58%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $1,065,000 $1,065,000 $25,022 3.00%
PANAMA CITY, FL (FHA|USDA|VA) 3 $1,005,000 $335,000 $3,538 4.17%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $985,000 $328,333 $8,747 2.75%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $970,000 $485,000 $3,027 2.44%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $925,000 $308,333 $2,549 2.38%
LOUISVILLE, KY (FHA|USDA|VA) 3 $825,000 $275,000 $3,011 2.42%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $800,000 $400,000 $2,008 3.06%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $770,000 $385,000 $5,511 3.13%
McMinnville, TN (FHA|USDA|VA) 6 $750,000 $125,000 $5,826 3.71%
MONROE, LA (FHA|USDA|VA) 2 $740,000 $370,000 $4,121 2.75%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $700,000 $350,000 $2,291 2.88%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $700,000 $350,000 $3,204 2.44%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $675,000 $675,000 $3,602 2.88%
Lawrenceburg, TN (FHA|USDA|VA) 2 $630,000 $315,000 $2,324 2.56%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $620,000 $310,000 $3,972 2.81%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $580,000 $290,000 $2,497 2.56%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $525,000 $525,000 $2,669 3.13%
JACKSON, TN (FHA|USDA|VA) 3 $495,000 $165,000 $2,296 2.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $475,000 $475,000 $2,586 2.25%
Branson, MO (FHA|USDA|VA) 1 $475,000 $475,000 $5,928 4.99%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $455,000 $455,000 $9,106 2.75%
Sevierville, TN (FHA|USDA|VA) 1 $445,000 $445,000 $3,438 2.63%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $425,000 $425,000 $4,921 2.63%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $405,000 $405,000 $4,564 2.25%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $385,000 $385,000 $4,670 3.13%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $335,000 $335,000 $2,628 2.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $325,000 $325,000 $4,264 2.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $315,000 $315,000 $3,468 2.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $315,000 $315,000 $2,982 3.13%
BOISE CITY, ID (FHA|USDA|VA) 1 $295,000 $295,000 $3,433 2.50%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $280,000 $140,000 $2,316 2.88%
Murray, KY (FHA|USDA|VA) 1 $275,000 $275,000 $11,070 3.00%
Bozeman, MT (FHA|USDA|VA) 1 $265,000 $265,000 $2,329 3.25%
Paducah, KY-IL (FHA|USDA|VA) 1 $265,000 $265,000 $11,922 2.25%
DECATUR, AL (FHA|USDA|VA) 1 $255,000 $255,000 $2,759 2.75%
TUCSON, AZ (FHA|USDA|VA) 1 $245,000 $245,000 $1,848 2.88%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $245,000 $245,000 $4,134 3.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $235,000 $235,000 $9,293 2.25%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $205,000 $205,000 $9,277 2.25%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $205,000 $205,000 $2,333 2.75%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,159 3.63%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $195,000 $195,000 $1,992 2.50%
SPARTANBURG, SC (FHA|USDA|VA) 1 $195,000 $195,000 $2,869 2.63%
Martin, TN (FHA|USDA|VA) 1 $185,000 $185,000 $2,377 3.00%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $185,000 $185,000 $6,275 3.00%
HINESVILLE, GA (FHA|USDA|VA) 1 $175,000 $175,000 $6,452 2.75%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $175,000 $175,000 $2,795 3.13%
Glasgow, KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,527 3.00%
Greeneville, TN (FHA|USDA|VA) 1 $135,000 $135,000 $3,672 2.75%
TULSA, OK (FHA|USDA|VA) 1 $125,000 $125,000 $2,831 3.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $25,000 $25,000 $7,413 2.25%
F&m Bank's top markets include Nashville, Clarksville, Tullahoma, Knoxville, and Lewisburg among others.

Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against F&M Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CONSUMER Credit Union
    Similarity Rank: 242
    Fortera Federal Credit Union
    Similarity Rank: 350
    Old Hickory Credit Union
    Similarity Rank: 680
    TENNESSEE TRUST MORTGAGE, INC
    Similarity Rank: 684
    Home Federal Bank of Tennessee
    Similarity Rank: 688
    Legacy Home Loans, LLC
    Similarity Rank: 832
    Community Trust Bank, Inc.
    Similarity Rank: 1206
    First Advantage Bank
    Similarity Rank: 1245
    KELLEY MORTGAGE, LLC
    Similarity Rank: 1350
    ENRICHMENT
    Similarity Rank: 1378

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,037 $940,165,000 $309,570 $2,843 3.08%
    VA 613 $166,645,000 $271,852 $6,634 2.79%
    FHA 315 $75,625,000 $240,079 $7,137 3.03%
    USDA 35 $7,505,000 $214,429 $4,971 2.93%

    For 2020, F&m Bank's most frequently originated type of loan was Conventional, with 3,037 originations. Their 2nd most popular type was VA, with 613 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,445 $694,835,000 $284,186 $4,535 3.06%
    Refi 1,197 $392,355,000 $327,782 $2,847 2.94%
    Cash Out Refi 343 $99,425,000 $289,869 $3,073 3.11%
    Other 14 $3,230,000 $230,714 $2,263 4.54%
    Home Improvement 1 $95,000 $95,000 $0 4.75%

    For 2020, F&m Bank's most frequently cited loan purpose was Home Purchase, with 2,445 originations. The 2nd most popular reason was Refi, with 1,197 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,281 $985,765,000 $300,447 $4,087 2.98%
    15 Year 368 $94,030,000 $255,516 $2,621 2.63%
    20 Year 153 $42,395,000 $277,092 $2,652 3.61%
    Other 152 $56,010,000 $368,487 $2,692 4.06%
    1 Year 23 $4,325,000 $188,043 $3,586 4.99%
    10 Year 17 $2,355,000 $138,529 $2,202 3.84%
    5 Year 4 $4,190,000 $1,047,500 $0 4.00%
    3 Year 2 $870,000 $435,000 $0 4.50%

    For 2020, F&m Bank's most frequently cited loan duration was 30 Year, with 3,281 originations. The 2nd most popular length was 15 Year, with 368 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 3,205 $956,805,000 $298,535
    $1k-2k 234 $56,700,000 $242,308
    $2k-3k 83 $22,935,000 $276,325
    $3k-4k 48 $14,570,000 $303,542
    $5k+ 12 $6,060,000 $505,000
    $4k-5k 5 $1,395,000 $279,000

    F&m Bank's average total fees were $4,087, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,205 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,553 $465,185,000 $299,540
    3-4% 1,405 $408,195,000 $290,530
    <2.5% 838 $250,520,000 $298,950
    4-5% 154 $57,570,000 $373,831
    5-6% 32 $6,220,000 $194,375
    6-7% 9 $1,265,000 $140,556
    7-8% 9 $985,000 $109,444

    During 2020, F&m Bank's average interest rate for loans was 2.98%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,553 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,246 $636,350,000 $283,326 $4,056 2.94%
    $100k-200k 905 $143,765,000 $158,856 $3,402 3.19%
    $400k-600k 674 $316,830,000 $470,074 $3,923 2.90%
    $100,000 or less 116 $8,670,000 $74,741 $2,200 4.08%
    $600k-1MM 42 $31,430,000 $748,333 $5,356 3.75%
    $1MM+ 17 $52,895,000 $3,111,471 $5,924 3.46%

    2020 saw F&m Bank place emphasis on $200k-400k loans with 2,246 originations, totaling $636,350,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 909 $212,955,000 $234,274 $4,169 2.97%
    $100k-150k 875 $279,065,000 $318,931 $3,723 2.98%
    $75k-100k 764 $221,400,000 $289,791 $4,194 2.95%
    $150k-250k 536 $195,330,000 $364,422 $3,392 3.03%
    $50k or less 528 $98,430,000 $186,420 $3,908 3.07%
    $250k+ 257 $102,235,000 $397,802 $3,286 3.18%

    F&m Bank lent most frequently to those with incomes in the $50k-75k range, with 909 originations. The second most popular income band? $100k-150k, with 875 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 954 $280,120,000 $293,627 $3,395 2.94%
    30-36% 726 $212,430,000 $292,603 $3,900 2.96%
    <20% 410 $122,970,000 $299,927 $2,940 2.84%
    43% 137 $38,595,000 $281,715 $4,059 3.01%
    42% 132 $37,230,000 $282,045 $4,247 3.09%
    36% 132 $36,700,000 $278,030 $4,035 2.99%
    38% 122 $35,780,000 $293,279 $3,983 2.99%
    44% 122 $32,530,000 $266,639 $4,347 3.03%
    37% 120 $35,510,000 $295,917 $3,880 3.12%
    40% 117 $35,085,000 $299,872 $3,878 2.94%
    39% 114 $30,610,000 $268,509 $4,278 3.04%
    41% 114 $31,540,000 $276,667 $4,085 2.95%
    45% 110 $32,020,000 $291,091 $4,451 2.90%
    50-60% 110 $28,150,000 $255,909 $7,074 2.98%
    46% 90 $24,330,000 $270,333 $4,661 3.03%
    49% 78 $22,520,000 $288,718 $4,635 2.87%
    48% 70 $19,580,000 $279,714 $4,693 2.99%
    47% 61 $16,065,000 $263,361 $4,606 3.00%
    >60% 16 $5,060,000 $316,250 $5,067 3.73%

    F&m Bank lent most frequently to those with DTI ratios of 20-30%, with 954 originations. The next most common DTI ratio? 30-36%, with 726 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,264 $950,780,000 $291,293 $3,856 3.02%
    Not provided 345 $103,175,000 $299,058 $3,510 2.89%
    Not applicable 73 $53,915,000 $738,562 $0 4.48%
    Black 200 $48,120,000 $240,600 $4,834 3.00%
    Asian 90 $26,260,000 $291,778 $4,071 3.00%
    American Indian 11 $2,935,000 $266,818 $3,584 2.86%
    Asian Indian 6 $1,610,000 $268,333 $2,189 2.75%
    Native Hawaiian or Islander 5 $1,475,000 $295,000 $6,972 3.25%
    Other Asian 3 $795,000 $265,000 $3,346 3.13%
    Korean 2 $500,000 $250,000 $9,484 3.69%
    Filipino 1 $375,000 $375,000 $15,525 2.25%

    Approval Rates

    Total approvals of all applications
    97.57%

    F&m Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    82.68%

    F&m Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,000 $1,189,940,000 $297,485

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 37 $55,115,000 $1,489,595
    Single Family (1-4 Units):Manufactured 8 $660,000 $82,500
    Single Family (1-4 Units):Site-Built 3,955 $1,134,165,000 $286,767

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 148 $36,250,000 $244,932 $2,486 2.90%
    40-60% 519 $151,355,000 $291,628 $2,657 2.89%
    60-80% 1,353 $442,815,000 $327,284 $2,781 3.14%
    80-100% 1,768 $502,970,000 $284,485 $4,304 3.02%
    Over 100% 197 $54,845,000 $278,401 $10,383 2.78%
    Under 20% 14 $1,420,000 $101,429 $2,147 4.48%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    F&m Bank 1891 Madison Street Clarksville, TN 37043 Full Service B&M $108,919
    F&m Bank 100 Profit Drive Clarksville, TN 37042 Full Service B&M $6,914
    F&m Bank 2011 Highway 47 N White Bluff, TN 37187 Full Service B&M $43,101
    F&m Bank 215 Uffelman Drive Clarksville, TN 37043 Limited, Mobile/Seasonal Office $0
    F&m Bank 221 Indian Lake Boulevard Hendersonville, TN 37075 Full Service B&M $18,622
    F&m Bank 225 West Main Street Lebanon, TN 37087 Full Service B&M $29,056
    F&m Bank 2286 Highway 41, South Greenbrier, TN 37073 Full Service B&M $51,664
    F&m Bank 251 Dover Road Clarksville, TN 37042 Full Service B&M $43,348
    F&m Bank 2601 Wilma Rudolph Blvd Clarksville, TN 37040 Full Service B&M $51,390
    F&m Bank 2698 Madison Street, Highway 41-A Clarksville, TN 37043 Full Service B&M $65,900
    F&m Bank 3029 Highway 120 Bumpus Mills, TN 37028 Full Service B&M $9,075
    F&m Bank 320 Main Street, Suite 100 Franklin, TN 37064 Full Service B&M $11,377
    F&m Bank 3519 Tom Austin Highway Springfield, TN 37172 Full Service B&M $94,187
    F&m Bank 4151 North Mt. Juliet Road Mount Juliet, TN 37122 Full Service B&M $20,139
    F&m Bank 50 Franklin Street Clarksville, TN 37040 Full Service B&M $275,927
    F&m Bank 518 Highway 76 White House, TN 37188 Full Service B&M $35,289
    F&m Bank 802 Memorial Blvd Murfreesboro, TN 37129 Full Service B&M $27,833
    F&m Bank 90 College Street Clarksville, TN 37040 Limited, Drive-thru $0
    F&m Bank 900 N. Washington Avenue Cookeville, TN 38501 Full Service B&M $54,718
    F&m Bank One Donelson Parkway Dover, TN 37058 Full Service B&M $111,000

    For 2020, F&m Bank had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $46,182
    Net interest income $35,674
    Total noninterest income $34,581
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $844
    Trading account gains and fees $0
    Additional Noninterest Income $33,737
    Pre-tax net operating income $9,407
    Securities gains (or losses, -) $285
    Income before extraordinary items $11,286
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $11,286
    Minority interest net income $-1,184
    Net income $12,470
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $11,001

    F&m Bank's gross interest income from loans was $46,182,000.
    F&m Bank's net interest income from loans was $35,674,000.
    F&m Bank's fee based income from loans was $844,000.
    F&m Bank's net income from loans was $12,470,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,508
    Provision for credit losses $6,013
    Total noninterest expense $54,835
    Salaries and employee benefits $33,097
    Premises and equipment expense $6,422
    Additional noninterest expense $15,316
    Applicable income taxes $-1,594
    Net charge-offs $289
    Cash dividends $5,000

    F&m Bank's interest expense for loans was $10,508,000.
    F&m Bank's payroll and benefits expense were $33,097,000.
    F&m Bank's property, plant and equipment expenses $6,422,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 3.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,097,564
    Deposits held in domestic offices $1,097,564
    Deposits by Individuals, partnerships, and corporations $1,049,632
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $47,932
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $533,388
    Demand deposits $205,660
    Nontransaction accounts $564,176
    Money market deposit accounts (MMDAs) $171,088
    Other savings deposits (excluding MMDAs) $69,728
    Total time deposits $323,359
    Total time and savings deposits $891,904
    Noninterest-bearing deposits $205,480
    Interest-bearing deposits $892,084
    Retail deposits $1,011,625
    IRAs and Keogh plan accounts $32,319
    Brokered deposits $30,556
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,319,579
    Cash & Balances due from depository institutions $86,563
    Interest-bearing balances $79,410
    Total securities $133,720
    Federal funds sold & reverse repurchase $10,000
    Net loans and leases $953,225
    Loan and leases loss allowance $8,860
    Trading account assets $0
    Bank premises and fixed assets $65,463
    Other real estate owned $0
    Goodwill and other intangibles $28,733
    All other assets $41,875

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,319,579
    Total Liabilities $1,173,163
    Total deposits $1,097,564
    Interest-bearing deposits $892,084
    Deposits held in domestic offices $1,097,564
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $55,741
    Subordinated debt $0
    All other liabilities $19,858

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $953,225
    Loan and leases loss allowance $8,860
    Total loans and leases (domestic) $962,085
    All real estate loans $854,530
    Real estate loans in domestic offices $854,530
    Construction and development loans $166,259
    Residential 1-4 family construction $80,586
    Other construction, all land development and other land $85,673
    Loans secured by nonfarm nonresidential properties $221,240
    Nonfarm nonresidential secured by owner-occupied properties $110,355
    Commercial real estate & other non-farm, non-residential $110,885
    Multifamily residential real estate $16,347
    1-4 family residential loans $412,462
    Farmland loans $38,222
    Loans held in foreign offices $0
    Farm loans $5,000
    Commercial and industrial loans $83,604
    To non-U.S. addressees $0
    Loans to individuals $15,219
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $1,859
    Other loans to individuals $13,360
    All other loans & leases $3,731
    Loans to foreign governments and official institutions $0
    Other loans $3,538
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $157
    Non 1-4 family restructured loans & leases $117
    Total loans and leases (foreign) $0

    F&M Bank had $953,225,000 of loans outstanding in 2020. $854,530,000 of loans were in real estate loans. $166,259,000 of loans were in development loans. $16,347,000 of loans were in multifamily mortgage loans. $412,462,000 of loans were in 1-4 family mortgage loans. $5,000,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,859,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 404 $87,102 $215,599
    Nonfarm, nonresidential loans - <$100k 53 $1,927 $36,358
    Nonfarm, nonresidential loans - $100-250k 142 $14,434 $101,648
    Nonfarm, nonresidential loans - $250k-1MM 209 $70,741 $338,474
    Commercial & Industrial, US addressed loans - <$1MM 1,894 $78,781 $41,595
    Commercial & Industrial, US addressed loans - <$100k 1,595 $30,227 $18,951
    Commercial & Industrial, US addressed loans - $100-250k 204 $20,126 $98,657
    Commercial & Industrial, US addressed loans - $250k-1MM 95 $28,428 $299,242
    Farmland loans - <$1MM 88 $8,748 $99,409
    Farmland loans - <$100k 30 $803 $26,767
    Farmland loans - $100-250k 37 $3,659 $98,892
    Farmland loans - $250k-1MM 21 $4,286 $204,095
    Agriculture operations loans - <$1MM 163 $3,592 $22,037
    Agriculture operations loans - <$100k 143 $1,775 $12,413
    Agriculture operations loans - $100-250k 16 $1,493 $93,313
    Agriculture operations loans - $250k-1MM 4 $324 $81,000