Farmers & Merchants Bancorp, Inc. (FMAO)

NASDAQ: FMAO · Real-Time Price · USD

27.09

+0.71 (2.69%)

At close: Feb 25, 2026, 4:00 PM EST

27.12

+0.03 (0.11%)

After-hours: Feb 25, 2026, 4:10 PM EST

FMAO Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	97.72	176.35	142.2	84.41	180.82
Investment Securities	423.57	312.01	279.09	308.3	322.92
Mortgage-Backed Securities	-	120.63	82.13	86.93	117.93
Total Investments	423.57	432.64	361.22	395.23	440.84
Gross Loans	2,715	2,563	2,581	2,358	1,859
Allowance for Loan Losses	-27.69	-25.83	-25.02	-20.31	-16.24
Other Adjustments to Gross Loans	-1.51	-0.68	-	-1.52	-1.74
Net Loans	2,686	2,536	2,556	2,336	1,841
Property, Plant & Equipment	31.86	40.23	41.72	28.66	26.91
Goodwill	86.36	86.36	86.36	86.36	80.43
Loans Held for Sale	3.93	3	1.58	0.83	7.71
Accrued Interest Receivable	-	10.7	10.2	-	-
Other Real Estate Owned & Foreclosed	-	-	-	-	0.16
Other Long-Term Assets	91.92	65.01	66.66	73.99	52.07
Total Assets	3,434	3,365	3,283	3,015	2,638
Accrued Expenses	29.63	23.72	19.45	17.98	16.37
Interest Bearing Deposits	2,203	1,791	1,940	1,874	1,645
Institutional Deposits	-	378.57	139.12	62.09	74.38
Non-Interest Bearing Deposits	527.33	516.9	528.47	532.79	473.69
Total Deposits	2,731	2,687	2,607	2,469	2,193
Short-Term Borrowings	-	-	-	10	40
Current Portion of Long-Term Debt	-	71.5	-	-	-
Current Portion of Leases	-	0.99	-	-	-
Other Current Liabilities	3.13	3	2.97	2.83	2.46
Long-Term Debt	72.65	62.04	62.92	88.79	63.74
Federal Home Loan Bank Debt, Long-Term	227.38	174.56	265.75	127.49	24.07
Long-Term Leases	-	5.42	5.92	-	-
Other Long-Term Liabilities	-	1.54	2.21	1.26	1.04
Total Liabilities	3,064	3,030	2,967	2,717	2,341
Common Stock	135.53	135.57	135.52	135.5	122.67
Retained Earnings	257.86	235.85	221.08	212.45	189.4
Treasury Stock	-10.64	-10.99	-11.04	-11.57	-11.72
Comprehensive Income & Other	-11.89	-25.22	-29.01	-38.23	-3.18
Shareholders' Equity	370.86	335.21	316.54	298.14	297.17
Total Liabilities & Equity	3,434	3,365	3,283	3,015	2,638
Total Debt	300.03	314.5	334.59	226.28	127.8
Net Cash (Debt)	-200.81	-135.66	-189.65	-137.43	63.93
Net Cash Growth	-	-	-	-	-51.66%
Net Cash Per Share	-14.63	-10.11	-14.06	-10.50	5.53
Filing Date Shares Outstanding	13.59	13.54	13.51	13.48	12.96
Total Common Shares Outstanding	13.59	13.54	13.51	13.48	12.96
Book Value Per Share	27.29	24.75	23.42	22.12	22.94
Tangible Book Value	284.5	248.85	230.19	211.78	216.73
Tangible Book Value Per Share	20.93	18.38	17.03	15.71	16.73

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q