Farmers & Merchants Bank of Long Beach (FMBL)

FMBL Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	302.84	300.27	299.72	246.82	244.06	226.66
Interest Income on Investments	124.91	139.48	115.8	93.46	63.23	59.6
Total Interest Income	427.75	439.76	415.52	340.27	307.29	286.27
Interest Paid on Deposits	113.41	119.01	81.56	15.73	8.95	17.03
Interest Paid on Borrowings	51.76	83.55	70.9	15.5	3.28	7.86
Total Interest Expense	165.18	202.56	152.45	31.23	12.23	24.88
Net Interest Income	262.57	237.2	263.07	309.04	295.06	261.38
Net Interest Income Growth (YoY)	10.71%	-9.84%	-14.88%	4.74%	12.88%	5.61%
Gain (Loss) on Sale of Assets	4.46	4.46	0.13	-	-	-
Gain (Loss) on Sale of Investments	-2.59	-2.59	-	-	-	-
Other Non-Interest Income	-1.77	8.85	9.35	12.08	16.43	15.31
Total Non-Interest Income	8.13	18.25	16.45	18.53	22.03	20.5
Non-Interest Income Growth (YoY)	-70.45%	10.97%	-11.24%	-15.89%	7.45%	6.42%
Revenues Before Loan Losses	270.7	255.45	279.52	327.57	317.09	281.88
Provision for Loan Losses	-	-6.6	-3.6	3.5	-	10.5
Revenue	270.7	262.05	283.12	324.07	317.09	271.38
Revenue Growth (YoY)	-0.43%	-7.44%	-12.64%	2.20%	16.84%	1.83%
Salaries and Employee Benefits	122.06	118.74	112.9	113.05	103.55	104.66
Federal Deposit Insurance	8.18	10.11	9.17	4.31	3.61	2.61
Selling, General & Administrative	54.2	53.39	55.11	51.84	46.78	46.25
Other Non-Interest Expense	15.84	17.36	24	19.6	18.62	21.68
Total Non-Interest Expense	199.02	198.65	201.18	188.8	172.56	175.19
EBT Excluding Unusual Items	71.68	63.4	81.93	135.27	144.53	96.19
Pretax Income	71.68	63.4	81.93	135.27	144.53	96.19
Income Tax Expense	18.86	18.52	11.93	26.27	29.32	16.39
Net Income	52.82	44.88	70.01	109	115.21	79.8
Net Income to Common	52.82	44.88	70.01	109	115.21	79.8
Net Income Growth	-1.70%	-35.89%	-35.77%	-5.38%	44.37%	-6.74%
Basic Shares Outstanding	0	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0	0
Shares Change (YoY)	-1.89%	-1.01%	-0.78%	-0.66%	0.08%	-0.98%
EPS (Basic)	431.84	365.52	568.23	876.17	913.60	623.42
EPS (Diluted)	428.11	358.63	553.79	855.56	898.31	622.74
EPS Growth	0.20%	-35.24%	-35.27%	-4.76%	44.25%	-5.82%
Dividend Per Share	112.000	112.000	112.000	112.000	108.000	108.000
Dividend Growth	-	-	-	3.70%	-	-
Effective Tax Rate	26.31%	29.21%	14.56%	19.42%	20.29%	17.04%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.