Farmers and Merchants Bancshares, Inc. (FMFG)
OTCMKTS
· Delayed Price · Currency is USD
18.00
+3.15 (21.21%)
Dec 24, 2024, 4:00 PM EST
FMFG Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Interest Income on Loans | 28.73 | 25.73 | 22.57 | 23.49 | 19.29 | 16.89 | Upgrade
|
| Interest Income on Investments | 8.25 | 5.59 | 3.7 | 2.19 | 1.47 | 1.81 | Upgrade
|
| Total Interest Income | 36.98 | 31.32 | 26.27 | 25.68 | 20.76 | 18.7 | Upgrade
|
| Interest Paid on Deposits | 13.2 | 7.97 | 1.38 | 2 | 3.13 | 3.52 | Upgrade
|
| Interest Paid on Borrowings | 3.08 | 1.94 | 0.77 | 0.81 | 0.33 | 0.16 | Upgrade
|
| Total Interest Expense | 16.28 | 9.91 | 2.15 | 2.81 | 3.46 | 3.68 | Upgrade
|
| Net Interest Income | 20.69 | 21.42 | 24.12 | 22.88 | 17.3 | 15.02 | Upgrade
|
| Net Interest Income Growth (YoY) | -7.66% | -11.22% | 5.46% | 32.19% | 15.19% | -1.56% | Upgrade
|
| Mortgage Banking Activities | 0.07 | 0.1 | 0.21 | 0.91 | 1.02 | 0.4 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0 | 0.01 | -0.06 | -0.01 | 0.01 | 0.02 | Upgrade
|
| Other Non-Interest Income | 0.69 | 0.67 | 0.53 | 0.53 | 0.46 | 0.49 | Upgrade
|
| Total Non-Interest Income | 1.6 | 1.59 | 1.62 | 2.17 | 2.07 | 1.49 | Upgrade
|
| Non-Interest Income Growth (YoY) | 5.97% | -2.06% | -25.18% | 4.53% | 38.74% | 9.40% | Upgrade
|
| Revenues Before Loan Losses | 22.3 | 23 | 25.74 | 25.04 | 19.38 | 16.52 | Upgrade
|
| Provision for Loan Losses | - | -0.57 | 0.48 | 0.33 | 0.63 | 0.04 | Upgrade
|
| Revenue | 22.3 | 23.57 | 25.27 | 24.71 | 18.75 | 16.48 | Upgrade
|
| Revenue Growth (YoY) | -7.53% | -6.71% | 2.26% | 31.78% | 13.81% | 2.01% | Upgrade
|
| Salaries and Employee Benefits | 9.84 | 9.5 | 9.66 | 8.93 | 7.8 | 6.82 | Upgrade
|
| Federal Deposit Insurance | 0.37 | 0.33 | -0.49 | 0.31 | 0.2 | - | Upgrade
|
| Selling, General & Administrative | 4.11 | 3.59 | 3.64 | 2.91 | 2.54 | 1.68 | Upgrade
|
| Other Non-Interest Expense | 2.18 | 1.95 | 1.86 | 1.64 | 1.57 | 2.19 | Upgrade
|
| Total Non-Interest Expense | 16.26 | 15.14 | 14.69 | 13.98 | 12.15 | 10.7 | Upgrade
|
| EBT Excluding Unusual Items | 6.04 | 8.44 | 10.58 | 10.73 | 6.61 | 5.78 | Upgrade
|
| Other Unusual Items | - | - | - | -0.15 | -0.2 | -0.18 | Upgrade
|
| Pretax Income | 6.19 | 8.44 | 10.58 | 10.58 | 3.17 | 5.6 | Upgrade
|
| Income Tax Expense | 1.35 | 2.02 | 2.49 | 2.43 | 0.49 | 1.04 | Upgrade
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| Net Income | 4.84 | 6.42 | 8.09 | 8.15 | 2.68 | 4.56 | Upgrade
|
| Net Income to Common | 4.84 | 6.42 | 8.09 | 8.15 | 2.68 | 4.56 | Upgrade
|
| Net Income Growth | -31.07% | -20.66% | -0.73% | 203.86% | -41.19% | -3.22% | Upgrade
|
| Basic Shares Outstanding | 3 | 3 | 3 | 3 | 3 | 3 | Upgrade
|
| Diluted Shares Outstanding | 3 | 3 | 3 | 3 | 3 | 3 | Upgrade
|
| Shares Change (YoY) | 1.63% | 1.30% | 0.94% | 1.14% | 1.05% | 0.93% | Upgrade
|
| EPS (Basic) | 1.55 | 2.08 | 2.66 | 2.70 | 0.90 | 1.54 | Upgrade
|
| EPS (Diluted) | 1.54 | 2.08 | 2.66 | 2.70 | 0.90 | 1.54 | Upgrade
|
| EPS Growth | -32.55% | -21.68% | -1.65% | 200.43% | -41.81% | -4.12% | Upgrade
|
| Dividend Per Share | 0.660 | 0.660 | 0.630 | 0.570 | 0.520 | 0.510 | Upgrade
|
| Dividend Growth | 1.54% | 4.76% | 10.53% | 9.62% | 1.96% | 8.51% | Upgrade
|
| Effective Tax Rate | 21.81% | 23.91% | 23.50% | 22.99% | 15.37% | 18.56% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.