Farmers & Merchants Bancorp (FMCB)

FMCB Cash Flow 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	90.03	88.46	88.31	75.09	66.34	58.73
Depreciation & Amortization	3.02	2.94	2.49	2.43	2.63	2.77
Gain (Loss) on Sale of Investments	-1.9	-2.12	8.09	11.07	-1.11	1.12
Provision for Credit Losses	1.7	-	9.41	6.45	1.91	4.5
Change in Other Net Operating Assets	15.15	8.77	-2.98	4.65	-6.75	-4.95
Other Operating Activities	-3.54	5.69	-11.98	2.1	-3.06	-4.05
Operating Cash Flow	109.65	103.74	93.35	101.78	59.96	58.12
Operating Cash Flow Growth	33.55%	11.13%	-8.28%	69.73%	3.17%	-28.12%
Capital Expenditures	-4.82	-2.4	-4.97	-4.19	-2.07	-7.71
Sale of Property, Plant and Equipment	0.06	-	0.03	0.07	1.7	0.08
Investment in Securities	-278.33	-251.12	10.35	-36.73	-158.56	-302.08
Net Decrease (Increase) in Loans Originated / Sold - Investing	57.31	-24.34	-156.43	-275.06	-137.22	-427.05
Other Investing Activities	3.28	3.28	4.48	0.61	-	-
Investing Cash Flow	-222.5	-274.58	-146.55	-315.3	-296.15	-736.75
Repurchase of Common Stock	-41.65	-45.26	-20.36	-20.31	-	-2.83
Common Dividends Paid	-12.99	-13.02	-12.89	-12.49	-12.08	-11.7
Net Increase (Decrease) in Deposit Accounts	163.31	31.04	-91.17	119.12	579.89	782.25
Financing Cash Flow	108.67	-27.23	-124.42	86.32	567.81	767.71
Net Cash Flow	-4.18	-198.08	-177.62	-127.2	331.62	89.08
Free Cash Flow	104.83	101.34	88.38	97.59	57.89	50.41
Free Cash Flow Growth	31.82%	14.67%	-9.44%	68.56%	14.85%	-22.83%
Free Cash Flow Margin	46.05%	45.22%	40.55%	50.60%	32.62%	31.44%
Free Cash Flow Per Share	147.67	138.64	116.69	125.48	73.32	63.54
Cash Interest Paid	63.59	65.09	29.28	5.79	4.37	10.9
Cash Income Tax Paid	11.04	8.39	12.66	12.47	29.94	9.58

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