F&M Bank in Timberville, Va., should have a $3.8 million windfall from the sale of one of its investments.
The $1.2 billion-asset company disclosed in a regulatory filing Tuesday that it will benefit from the sale of broker-dealer Infinex Financial Holdings to Advisor Group.
F&M said it could also receive up to $750,000 from post-closing incentives.
The company said it expects the transaction to close in the third or fourth quarter.