# F&M BANK
WASHINGTON, GA · FDIC certificate 16897 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $419.9M | |
| Deposits | $356.8M | |
| Loans and leases | $281.0M | |
| Total equity | $54.4M | |
| Loans / deposits | 77.25% (p39 of band) | 82.04% |
| Liquid assets / assets | 27.26% (p56 of band) | |
| Uninsured deposits / deposits | 22.21% (p37 of band) | 25.97% |
| Brokered deposits | 1.22% | |
| Wholesale funding | 2.41% (p44 of band) | |
| FHLB advances / assets | 1.19% | |
| Tier 1 leverage | 14.93% (p89 of band) | 10.81% |
| Unrealized securities loss / equity | -24.07% (p17 of band) | -8.10% |
| AOCI / equity | -0.67% (p34 of band) | |
| ROA (annualized) | 1.40% (p58 of band) | 1.28% |
| Net interest margin | 4.84% (p90 of band) | 3.91% |
| Efficiency ratio | 61.02% (p49 of band) | |
| Noncurrent loans | 0.38% (p47 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 500.09% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 124.07% (p94 of band) | |
| Auto loans | $4.4M (1.58% of loans; DQ 1.11%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.9% | |
| Employees | 73 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, reserve under noncurrent |  |
| 2011-06 | 1 |  | losing money |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2012-06 | 5 | noncurrent p90, assets shrinking |  |
| 2012-09 | 5 |  |  |
| 2012-12 | 3 |  | uninsured deposits leaving, noncurrent p90 |
| 2013-03 | 5 | charge-offs p90, uninsured deposits leaving |  |
| 2013-06 | 4 |  | charge-offs p90 |
| 2013-09 | 4 |  |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 2 |  | assets shrinking, uninsured deposits leaving |
| 2014-06 | 2 | charge-offs p90 | deposits shrinking |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 1 |  | charge-offs p90 |
| 2015-06 | 2 | capital falling |  |
| 2015-09 | 1 |  | capital falling |
| 2015-12 | 1 | uninsured deposits leaving | reserve under noncurrent |
| 2016-03 | 0 |  | uninsured deposits leaving |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | reserve under noncurrent |  |
| 2018-03 | 2 | capital falling |  |
| 2018-06 | 0 |  | reserve under noncurrent, capital falling |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | reserve under noncurrent |  |
| 2019-03 | 1 | charge-offs p90 | reserve under noncurrent |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | charge-offs p90 |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 4 | AOCI drag >20% of equity, securities losses >30% of equity, construction >100% equity |  |
| 2022-09 | 3 |  | capital falling |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  | construction >100% equity |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | construction >100% equity |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | securities losses >30% of equity |
| 2024-12 | 2 | securities losses >30% of equity |  |
| 2025-03 | 1 |  | construction >100% equity |
| 2025-06 | 2 | construction >100% equity |  |
| 2025-09 | 2 | charge-offs p90 | securities losses >30% of equity |
| 2025-12 | 1 |  | charge-offs p90 |
| 2026-03 | 2 | capital falling |  |
| 2026-06 | 1 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-03-25 [Blueharbor Bank, F&M Bank and American Bank of the Carolinas make list of top Southeast performers - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOYkdWV2lQZGpQNWJNTmZ6Rm1pUGVJSTJTYmRvQVF5UDBTa0RpYWVndjBwWnVtdDNtLU9GeUpNcGZmWnFmUThTOG80UmdVcExXQXpWVUw2TnAzTGt6bGFwbVhWNDhUSmMyM2ZBMFo5TS04SFpyUEJrcFNUOHdJTkVwaEhtaENEeERLQVBpOUVfbG1pdGpueHgxbDRHb3ZqNE90OWNLTTlkc2FWQ1U?oc=5) · The Business Journals
- 2026-06-24 [Kramer Retiring from F&M Bank - KMCH.com](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9IR1Ixbjl2Z3VicHBxOEhHVzhKYXM2a3U3MEdOM0xvTDhIckIyeXFDc0ZmMkRlb0loSzlNeVRGYXV0d1htWFB2eFFkQkNjeG4zaHhDZWRYdGpMcXAxcU1OMDh1UkVYN19a?oc=5) · KMCH.com
- 2025-11-28 [FDIC Terminates AML Consent Orders Against Two Banks - PYMNTS.com](https://news.google.com/rss/articles/CBMingFBVV95cUxPQWxnblRHa2hRcFZMcUR1QTFzYTJjY1lhdGpqVk1CNEhxUFl1TXZSMmJMVndlLVZJcGdVVmozaGhQaVpMcXktaUpzd3puNk9yR3pyaEpwQnV6bE5lMXFoSEtPSkZHNjRGa3djWUo1REFZQUlBOTFyUG56V0xzNEVsa3dQVGFZd0RMVWl5Q1RRUldTQzFrNk5ka2Jjal84Zw?oc=5) · PYMNTS.com
- 2026-01-23 [Farmers & Merchants Bank, Bank of Fayetteville promote Dickson, Pattillo and Spoon to companywide director roles - Stuttgart Daily Leader](https://news.google.com/rss/articles/CBMi3wFBVV95cUxOdUVCY29FZU03VEsxZlVNeXN0RjR2cmVyTUlwTmFXSzFRakxGcm1wTmktelZRMGNQQld2LVJyUXdMc2JzT1VVRUVHblloYl84clYtODNrYTJsUzRfR29jT1B4Y25IYlBmZlF6UFl3VktyOXhmRDRoLV9pajQ2UmFaWWluU3lCdW5OZG1TdUZwcDczdC1CbHU0MkdxeFRGUEpVMy16RFp2ZkpjVVFMMjlTRWNaUW5Fd20wLXM5SS1WQkxPa3MyQUtiSnU5Vjk4TWtaZTJGRHMzT2V4LUpBVFFN?oc=5) · Stuttgart Daily Leader
- 2025-11-13 [Doris Hardy Bowen Obituary Nov 13, 2025 - Wilkirson-Hatch-Bailey Funeral Home](https://news.google.com/rss/articles/CBMiXEFVX3lxTE5XSm1vSFRmOGVrRUpjSEZNcHNEZ3hwaTB1WGk2X0k5WHlMUFI0M0x2QlNKc202d2pWYUFhS1pReEdzVkF1VHAzRV93SGhtWi1BOWl3akJ4V29JS1BR?oc=5) · Wilkirson-Hatch-Bailey Funeral Home
- 2026-02-12 [Get your tickets for Govs’ shot at 8th-straight ASUN conference victory! - Clarksville Now](https://news.google.com/rss/articles/CBMipwFBVV95cUxNNGplV2lXRl9aZHFvdkg2d0dQSWlFeElrYUx0RmZrdURrenNLUnNBc0xWTHFmNWpyaWhRYTZtbXNibUt3dGVYRlZsazhCV2VtMjhyTVBZVUNNRElVUl9EZTFkSlcxRFVlYmtORllfdFRTVUxYdWprc3dwdExjOUxQcGNxUEg4MU1Qa3RRSW1heG1wXzZSRnZGZ245QlpxRG9renFvRERITQ?oc=5) · Clarksville Now
- 2025-10-20 [Greg Gutfeld Brings 2026 U.S. Tour to Clarksville’s F&M Bank Arena with Tom Shillue - Clarksville Online](https://news.google.com/rss/articles/CBMixAFBVV95cUxQRlpQWkEwLXNhMnFlVS1sNzdadnlNTmtfSU9MSDBhdXlhd3dwVUJ3YjNUNjN1MW8wYmhvd0tpU2RwaThuZE16MVFRWm10RHVOVjUzS3kxUXFfOUxfYzB4RXYwWjlFcEhfd0FZdFl3T29WSUxUZ0RtcjBWTUpvai13UXhxSE0td1dWSFNyamoxY3JCcklEOFEwNm5LTmJMNTZyUm5rWHNvWXdmNzBmOFY4NXpjekhzbTQwNFE5SllyeEQyWDh3?oc=5) · Clarksville Online
- 2026-06-07 [John Marshall Keen Obituary (2026) - Washington, GA - Hopkins Funeral Home - Washington - Legacy obituary](https://news.google.com/rss/articles/CBMifEFVX3lxTE9udW5xeHpoTWl0WEkwdFBDTUlkZUlsWW1fQ2ZtSXN6RVpSMk14ZkhmN1Y5Z3o0dTFidk45cHk3VlpldS1rOW5QSjVkYUE1SlNuVEEycUxvem8xY3d4cmhMRlJwUmNUc2VEcHhzQkVDYk53SThscThzTFpCbmk?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16897 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/1.json (key "16897", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide