Farmers & Merchants Bancorp, Inc. (FMAO)
NASDAQ: FMAO · Real-Time Price · USD
37.06
+0.52 (1.42%)
Oct 26, 2026, 12:14 PM EDT - Market open
FMAO 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 | 205.81 | 97.72 | 176.35 | 142.2 | 84.41 | 180.82 |
Investment Securities | 456.5 | 283.29 | 312.01 | 279.09 | 308.3 | 322.92 |
Mortgage-Backed Securities | - | 143.38 | 120.63 | 82.13 | 86.93 | 117.93 |
Total Investments | 456.5 | 426.67 | 432.64 | 361.22 | 395.23 | 440.84 |
Gross Loans | 2,739 | 2,715 | 2,564 | 2,581 | 2,358 | 1,859 |
Allowance for Loan Losses | -27.8 | -27.69 | -25.83 | -25.02 | -20.31 | -16.24 |
Other Adjustments to Gross Loans | -1.64 | -1.51 | -1.75 | - | -1.52 | -1.74 |
Net Loans | 2,709 | 2,686 | 2,536 | 2,556 | 2,336 | 1,841 |
Property, Plant & Equipment | 29.59 | 37.46 | 40.23 | 41.72 | 28.66 | 26.91 |
Goodwill | 86.36 | 86.36 | 86.36 | 86.36 | 86.36 | 80.43 |
Loans Held for Sale | 2.53 | 3.93 | 3 | 1.58 | 0.83 | 7.71 |
Accrued Interest Receivable | - | 13.5 | 12.6 | 10.2 | - | - |
Other Real Estate Owned & Foreclosed | - | - | - | - | - | 0.16 |
Other Long-Term Assets | 98.24 | 69.72 | 63.11 | 66.66 | 73.99 | 52.07 |
Total Assets | 3,599 | 3,434 | 3,365 | 3,283 | 3,015 | 2,638 |
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 |
Accrued Expenses | 28.17 | 21.92 | 23.4 | 19.45 | 17.98 | 16.37 |
Interest Bearing Deposits | 2,444 | 1,831 | 2,028 | 1,940 | 1,874 | 1,645 |
Institutional Deposits | - | 372.21 | 141.63 | 139.12 | 62.09 | 74.38 |
Non-Interest Bearing Deposits | 518.29 | 527.33 | 516.9 | 528.47 | 532.79 | 473.69 |
Total Deposits | 2,962 | 2,731 | 2,687 | 2,607 | 2,469 | 2,193 |
Short-Term Borrowings | - | 15 | - | - | 10 | 40 |
Current Portion of Long-Term Debt | - | 105 | - | - | - | - |
Current Portion of Leases | - | 0.96 | - | - | - | - |
Other Current Liabilities | 3.4 | 3.13 | 3 | 2.97 | 2.83 | 2.46 |
Long-Term Debt | 50.17 | 59.21 | 63.01 | 62.92 | 88.79 | 63.74 |
Federal Home Loan Bank Debt, Long-Term | 167.9 | 122.38 | 246.06 | 265.75 | 127.49 | 24.07 |
Long-Term Leases | - | 4.78 | 6.4 | 5.92 | - | - |
Other Long-Term Liabilities | - | 0.42 | 0.88 | 2.21 | 1.26 | 1.04 |
Total Liabilities | 3,212 | 3,064 | 3,030 | 2,967 | 2,717 | 2,341 |
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 | 134.76 | 135.53 | 135.57 | 135.52 | 135.5 | 122.67 |
Retained Earnings | 282.45 | 257.86 | 235.85 | 221.08 | 212.45 | 189.4 |
Treasury Stock | -11.65 | -10.64 | -10.99 | -11.04 | -11.57 | -11.72 |
Comprehensive Income & Other | -18.63 | -11.89 | -25.22 | -29.01 | -38.23 | -3.18 |
Shareholders' Equity | 386.93 | 370.86 | 335.21 | 316.54 | 298.14 | 297.17 |
Total Liabilities & Equity | 3,599 | 3,434 | 3,365 | 3,283 | 3,015 | 2,638 |
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 | 218.07 | 307.32 | 315.47 | 334.59 | 226.28 | 127.8 |
Net Cash (Debt) | -11.74 | -208.11 | -136.64 | -189.65 | -137.43 | 63.93 |
Net Cash Growth | - | - | - | - | - | -51.66% |
Net Cash Per Share | -0.86 | -15.35 | -10.18 | -14.06 | -10.50 | 5.53 |
Filing Date Shares Outstanding | 13.6 | 13.58 | 13.54 | 13.51 | 13.48 | 12.96 |
Total Common Shares Outstanding | 13.6 | 13.58 | 13.54 | 13.51 | 13.48 | 12.96 |
Book Value Per Share | 28.46 | 27.30 | 24.75 | 23.42 | 22.12 | 22.94 |
Tangible Book Value | 300.57 | 284.5 | 248.85 | 230.19 | 211.78 | 216.73 |
Tangible Book Value Per Share | 22.10 | 20.94 | 18.38 | 17.03 | 15.71 | 16.73 |