F & M Bank Management
Management criteria checks 4/4
F & M Bank's CEO is Mike Wilkerson, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is $433.24K, comprised of 77.8% salary and 22.2% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth $397.50K. The average tenure of the management team and the board of directors is 2.2 years and 5.1 years respectively.
Key information
Mike Wilkerson
Chief executive officer
US$433.2k
Total compensation
| CEO salary percentage | 77.8% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.6% |
| Management average tenure | 2.2yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$5m |
| Jun 30 2024 | n/a | n/a | US$6m |
| Mar 31 2024 | n/a | n/a | US$3m |
| Dec 31 2023 | US$433k | US$337k | US$3m |
| Sep 30 2023 | n/a | n/a | US$4m |
| Jun 30 2023 | n/a | n/a | US$5m |
| Mar 31 2023 | n/a | n/a | US$7m |
| Dec 31 2022 | US$403k | US$263k | US$8m |
| Sep 30 2022 | n/a | n/a | US$8m |
| Jun 30 2022 | n/a | n/a | US$8m |
| Mar 31 2022 | n/a | n/a | US$9m |
| Dec 31 2021 | US$345k | US$241k | US$11m |
Compensation vs Market: Mike's total compensation ($USD433.24K) is below average for companies of similar size in the US market ($USD650.00K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Wilkerson (66 yo)
1.7yrs
Tenure
US$433,236
Compensation
Mr. Aubrey Michael Wilkerson also known as Mike., serves as Chief executive Officer and Director at F & M Bank Corp. and Farmers & Merchants Bank since April 10, 2023 and had been its Northern Market Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$433.24k | 0.56% $ 397.5k | |
| President | 1.7yrs | US$431.76k | 5.1% $ 3.6m | |
| Executive VP & Chief Development Officer | 2.3yrs | US$294.00k | 0.19% $ 137.5k | |
| Executive VP & CFO | 2.2yrs | no data | 0.072% $ 51.2k | |
| Senior VP & Marketing Director | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.13% $ 94.9k | |
| Senior VP & Loan Operations Manager | no data | no data | no data | |
| Senior Vice President & Deposit Operations Officer | no data | no data | no data | |
| Senior VP & Dealer Finance Manager | no data | no data | no data | |
| Senior VP & Area Market Manager | 4.9yrs | no data | no data | |
| Senior VP of Agriculture & Rural Programs Leader | 4.3yrs | no data | no data | |
| Senior VP & Valley Market Executive | no data | no data | no data |
2.2yrs
Average Tenure
53yo
Average Age
Experienced Management: FMBM's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$433.24k | 0.56% $ 397.5k | |
| Independent Chairman of the Board | 30.9yrs | US$47.87k | 0.37% $ 261.6k | |
| Vice Chairman | 20.9yrs | US$40.27k | 1.31% $ 931.8k | |
| Independent Director | 3.4yrs | US$40.77k | 0.54% $ 387.7k | |
| Independent Director | 14.6yrs | US$41.47k | 0.20% $ 141.7k | |
| Independent Director | 9.2yrs | US$39.87k | 4.97% $ 3.5m | |
| Independent Director | 7.1yrs | US$41.02k | 0.18% $ 127.5k | |
| Independent Director | 5.1yrs | US$40.67k | 0.053% $ 38.0k | |
| Independent Director | 3.4yrs | US$40.27k | 0.061% $ 43.5k | |
| Independent Director | 3.4yrs | US$40.17k | 0.026% $ 18.8k | |
| Director | less than a year | no data | 0.019% $ 13.9k |
5.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: FMBM's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:55 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
F & M Bank Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|