Farmers and Merchants Bancshares, Inc. (FMFG)
OTCMKTS · Delayed Price · Currency is USD
18.50
-0.49 (-2.58%)
Nov 6, 2026, 4:00 PM EST
FMFG Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 32.75 | 46.68 | 64.66 | 44.69 | 7.26 | 26.46 |
Investment Securities | 21.41 | 28.88 | 29.42 | 30.59 | 32.06 | 34.14 |
Trading Asset Securities | - | - | 0.63 | - | - | - |
Mortgage-Backed Securities | 103.26 | 111.55 | 117.41 | 154.26 | 115.35 | 137.84 |
Total Investments | 124.67 | 140.44 | 147.46 | 184.86 | 147.41 | 171.98 |
Gross Loans | 659.63 | 638.34 | 587.96 | 528.17 | 521.68 | 486.38 |
Allowance for Loan Losses | -4.67 | -4.36 | -4.26 | -4.29 | -4.15 | -3.65 |
Other Adjustments to Gross Loans | - | -0.84 | -0.71 | -0.57 | -0.61 | -0.72 |
Net Loans | 654.97 | 633.14 | 582.99 | 523.31 | 516.92 | 482.01 |
Property, Plant & Equipment | 7.47 | 8.21 | 8.63 | 7.38 | 7.13 | 7.35 |
Goodwill | - | 6.98 | 6.98 | 6.98 | 6.98 | 6.98 |
Other Intangible Assets | 7.01 | 0.82 | 0.99 | 0.12 | 0.16 | 0.19 |
Loans Held for Sale | 0.11 | 0.71 | 0.16 | - | 0.43 | 0.13 |
Accrued Interest Receivable | 2.72 | 2.54 | 2.44 | 2.18 | 1.82 | 1.61 |
Long-Term Deferred Tax Assets | 7.19 | 6.28 | 7.61 | 8.31 | 8.39 | 2.18 |
Other Real Estate Owned & Foreclosed | 1.67 | 1.67 | 1.18 | 1.24 | 1.24 | 1.24 |
Other Long-Term Assets | 26.86 | 24.49 | 21.56 | 20.87 | 20.47 | 16.54 |
Total Assets | 865.4 | 871.96 | 844.64 | 799.94 | 718.21 | 716.68 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Bearing Deposits | 589.38 | 543.41 | 589.96 | 502.28 | 458.94 | 467.54 |
Institutional Deposits | - | 59.95 | 61.65 | 63.4 | 37.98 | 34.7 |
Non-Interest Bearing Deposits | 126.62 | 117.1 | 107.2 | 115.29 | 126.7 | 124.18 |
Total Deposits | 716 | 720.46 | 758.81 | 680.96 | 623.61 | 626.41 |
Short-Term Borrowings | 4.66 | 4.51 | 5.59 | 41.32 | 5.18 | 5.41 |
Current Portion of Long-Term Debt | 57.7 | 50.2 | 5 | - | 15 | - |
Current Portion of Leases | - | 0.33 | - | - | - | - |
Accrued Interest Payable | 0.84 | 1.28 | 1 | 1.48 | 0.35 | 0.3 |
Long-Term Debt | 12.07 | 12.04 | 11.33 | 13.21 | 15.1 | 16.98 |
Federal Home Loan Bank Debt, Long-Term | - | 12.5 | - | 5 | 5 | 5 |
Long-Term Leases | - | 0.94 | 1.51 | 1.01 | 1.17 | 1.31 |
Other Long-Term Liabilities | 6.55 | 5.04 | 5.14 | 4.77 | 5.04 | 4.64 |
Total Liabilities | 797.82 | 807.3 | 788.37 | 747.76 | 670.44 | 660.06 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
Additional Paid-In Capital | 32.75 | 32.15 | 31.14 | 30.4 | 29.55 | 28.86 |
Retained Earnings | 49.79 | 45.21 | 41.61 | 39.43 | 35.3 | 29.13 |
Comprehensive Income & Other | -15 | -12.73 | -16.51 | -17.68 | -17.11 | -1.39 |
Shareholders' Equity | 67.58 | 64.66 | 56.27 | 52.18 | 47.77 | 56.62 |
Total Liabilities & Equity | 865.4 | 871.96 | 844.64 | 799.94 | 718.21 | 716.68 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 74.44 | 80.52 | 23.43 | 60.55 | 41.44 | 28.7 |
Net Cash (Debt) | -41.59 | -33.74 | 41.96 | -15.76 | -34.07 | -1.89 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -12.79 | -10.58 | 13.39 | -5.11 | -11.19 | -0.63 |
Filing Date Shares Outstanding | 3.26 | 3.24 | 3.18 | 3.12 | 3.07 | 3.04 |
Total Common Shares Outstanding | 3.26 | 3.23 | 3.17 | 3.12 | 3.07 | 3.04 |
Book Value Per Share | 20.70 | 20.02 | 17.77 | 16.74 | 15.56 | 18.64 |
Tangible Book Value | 60.57 | 56.86 | 48.31 | 45.08 | 40.64 | 49.45 |
Tangible Book Value Per Share | 18.56 | 17.60 | 15.25 | 14.46 | 13.23 | 16.28 |