Farmers & Merchants Bancshares, Inc. (FMBN)

FMBN Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5.28	4.18	5.2	13.76	13.69
Cash & Short-Term Investments	5.28	4.18	5.2	13.76	13.69
Cash Growth	26.35%	-19.55%	-62.22%	0.49%	-37.77%
Receivables	124.09	118.86	120.51	118.58	119.03
Total Current Assets	129.38	123.04	125.71	132.34	132.72
Long-Term Investments	65.54	73.63	88.38	103.34	101.18
Other Long-Term Assets	18.39	20.06	20.15	20.38	16.79
Total Assets	213.3	216.72	234.23	256.06	250.69
Other Long-Term Liabilities	199.93	207.46	226.48	250.24	235.68
Total Liabilities	199.93	207.46	226.48	250.24	235.68
Common Stock	13.37	9.27	7.76	5.82	15.01
Shareholders' Equity	13.37	9.27	7.76	5.82	15.01
Total Liabilities & Equity	213.3	216.72	234.23	256.06	250.69
Net Cash (Debt)	5.28	4.18	5.2	13.76	13.69
Net Cash Growth	26.35%	-19.55%	-62.22%	0.49%	-37.77%
Net Cash Per Share	19.00	15.12	19.02	50.72	50.87
Filing Date Shares Outstanding	0.28	0.28	0.27	0.27	0.27
Total Common Shares Outstanding	0.28	0.28	0.27	0.27	0.27
Working Capital	129.38	123.04	125.71	132.34	132.72
Book Value Per Share	48.08	33.51	28.38	21.45	55.75
Tangible Book Value	13.37	9.27	7.76	5.82	15.01
Tangible Book Value Per Share	48.08	33.51	28.38	21.45	55.75

Source: S&P Global Market Intelligence. Standard template. Financial Sources.