Farmers & Merchants Bancorp, Inc. (FMAO)

FMAO 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	29.56	25.94	22.79	32.52	23.5	20.1
Depreciation & Amortization	6.37	6.37	5.77	4.02	4.99	4.3
Other Amortization	0.12	0.12	0.12	0.12	0.05	-
Gain (Loss) on Sale of Assets	0.02	-0.07	0.14	-0.26	0.43	0.01
Gain (Loss) on Sale of Investments	0.56	1.09	2.39	2.09	1.91	1.02
Total Asset Writedown	-2.5	-2.67	-3.57	-4.53	-1.23	0.46
Provision for Credit Losses	1.48	0.27	1.74	4.6	3.44	6.98
Net Decrease (Increase) in Loans Originated / Sold - Operating	-4.68	-1.49	-0.05	8.24	3.92	0.53
Change in Other Net Operating Assets	3.79	3.78	-6.59	-4.73	4.59	-0.57
Other Operating Activities	-1.88	-1.54	-1.36	-1.06	-3.86	-2.48
Operating Cash Flow	33.39	32.47	22.15	40.67	34.74	27.38
Operating Cash Flow Growth	25.60%	46.64%	-45.55%	17.06%	26.88%	14.42%
Capital Expenditures	-2.19	-1.87	-10.93	-2.6	-1.97	-3.22
Cash Acquisitions	-	-	-	9.07	-12.59	-
Investment in Securities	-54.49	-65.9	34.29	-2.46	-85.48	-81.06
Net Decrease (Increase) in Loans Originated / Sold - Investing	-63.01	21.17	-219.33	-395.61	-167.87	-84.35
Other Investing Activities	1.87	2.24	1.88	1.69	2.21	-9.09
Investing Cash Flow	-117.82	-44.36	-194.09	-389.9	-265.69	-177.72
Short-Term Debt Issued	-	-	-	-	40	-
Long-Term Debt Issued	-	15	324	164.94	34.42	-
Total Debt Issued	0.34	15	324	164.94	74.42	-
Short-Term Debt Repaid	-	-	-10	-30	-	-
Long-Term Debt Repaid	-	-35.68	-211.65	-37.39	-1.13	-25.33
Total Debt Repaid	-77.67	-35.68	-221.65	-67.39	-1.13	-25.33
Net Debt Issued (Repaid)	-77.33	-20.68	102.35	97.54	73.29	-25.33
Repurchase of Common Stock	-0.35	-0.66	-0.22	-0.31	-0.34	-0.38
Common Dividends Paid	-11.97	-11.92	-11.34	-10.28	-7.67	-7.19
Net Increase (Decrease) in Deposit Accounts	69.24	79.3	138.94	165.86	170.79	307.65
Financing Cash Flow	-20.41	46.04	229.73	252.82	236.07	274.75
Net Cash Flow	-104.84	34.15	57.79	-96.41	5.12	124.41
Free Cash Flow	31.2	30.6	11.22	38.07	32.78	24.16
Free Cash Flow Growth	51.53%	172.83%	-70.53%	16.15%	35.66%	18.31%
Free Cash Flow Margin	28.72%	30.24%	11.72%	38.96%	39.18%	34.94%
Free Cash Flow Per Share	2.32	2.28	0.83	2.91	2.83	2.18
Cash Interest Paid	74.03	76.5	55.12	13.75	7.05	10.09
Cash Income Tax Paid	7.39	3.1	5.42	7.7	6.15	6.47

Updated Jul 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q