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| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| us-gaap_InterestAndFeeIncomeLoansAndLeases | $36.1M+18.9% | $30.3M+17.9% | $25.7M+14.0% | $22.6M-3.9% | $23.5M |
| Investment securities - taxable | $4.2M-33.4% | $6.3M+45.7% | $4.3M+44.2% | $3.0M+97.2% | $1.5M |
| Investment securities - tax exempt | $623K+11.4% | $559K+0.9% | $554K-2.9% | $571K-6.7% | $611K |
| Federal funds sold and other interest earning assets | $1.5M+24.8% | $1.2M+62.8% | $739K+384.1% | $153K+133.1% | $65K |
| Total interest income | $42.4M+10.4% | $38.4M+22.5% | $31.3M+19.2% | $26.3M+2.3% | $25.7M |
| Deposits | $16.5M+13.4% | $14.5M+82.1% | $8.0M+479.4% | $1.4M-31.1% | $2.0M |
| Securities sold under repurchase agreements | $59K-9.2% | $65K+54.8% | $42K+228.9% | $13K-71.4% | $45K |
| Federal Home Loan Bank advances | $847K+588.6% | $123K-74.7% | $486K+422.1% | $93K | — |
| Federal Reserve Bank advances | $0-100.0% | $2.3M+181.0% | $823K | $0-100.0% | $763K |
| Long-term debt | $599K+18.1% | $507K-13.3% | $585K-12.0% | $665K | — |
| Total interest expense | $18.0M+2.5% | $17.5M+76.9% | $9.9M+361.6% | $2.1M-23.5% | $2.8M |
| Net interest income | $24.4M+17.1% | $20.8M-2.7% | $21.4M-11.2% | $24.1M+5.5% | $22.9M |
| Provision for credit losses | $698K+365.3% | $150K+126.3% | -$570K-220.0% | $475K | — |
| Net interest income after provision for credit losses | $23.7M+14.5% | $20.7M-5.9% | $22.0M-7.0% | $23.6M+4.9% | $22.5M |
| Mortgage banking income | $157K+45.4% | $108K+11.3% | $97K-54.7% | $214K-76.5% | $911K |
| Bank owned life insurance income | $424K+7.6% | $394K+14.2% | $345K+50.5% | $229K-0.3% | $230K |
| Fair value adjustment of equity security | $16K+500.0% | -$4K-180.0% | $5K+108.1% | -$62K-304.4% | -$15K |
| Loss on sale of debt securities | $0+100.0% | -$13K | $0 | — | — |
| Gain on settlement of fair value hedge | $94K | $0 | — | — | — |
| Loss on sale of premises and equipment | $0+100.0% | -$5K | $0 | — | — |
| Gain on sale of SBA loans | $89K | $0-100.0% | $19K-88.0% | $158K+2186.0% | $7K |
| Gain on insurance proceeds, net | $53K-62.7% | $142K+3450.0% | $4K-99.4% | $673K | $0 |
| Total noninterest income | $2.0M+12.8% | $1.8M+10.1% | $1.6M-30.6% | $2.3M+5.9% | $2.2M |
| Salaries | $8.7M+11.0% | $7.9M+4.1% | $7.5M-4.1% | $7.9M+9.0% | $7.2M |
| Employee benefits | $2.0M-8.6% | $2.2M+9.3% | $2.0M+11.3% | $1.8M+4.6% | $1.7M |
| Occupancy | $1.2M+9.3% | $1.1M+22.3% | $875K-1.8% | $891K-6.1% | $949K |
| Furniture and equipment | $1.6M+24.6% | $1.3M+31.5% | $983K+10.3% | $891K+14.9% | $776K |
| Professional services | $738K-14.7% | $865K+34.7% | $642K-28.2% | $895K+115.3% | $416K |
| Automated teller machine and debit card expenses | $660K+1.9% | $648K+27.3% | $509K+7.4% | $474K+34.6% | $352K |
| Federal Deposit Insurance Corporation premiums | $578K+47.8% | $391K+15.3% | $339K+88.1% | $180K-41.1% | $306K |
| Postage, delivery, and armored carrier | $270K-8.2% | $294K+10.1% | $267K+13.4% | $235K+26.9% | $186K |
| Advertising | $249K+9.1% | $228K-15.5% | $270K+4.8% | $258K+10.6% | $233K |
| Other real estate owned expense, net | $177K+132.9% | $76K+132.2% | -$236K-1187.3% | $22K | — |
| Other | $2.1M+5.0% | $2.0M+3.9% | $1.9M+4.8% | $1.9M+3.9% | $1.8M |
| Total noninterest expense | $18.3M+8.1% | $16.9M+11.8% | $15.1M-1.5% | $15.4M+8.8% | $14.1M |
| Income before income taxes | $7.4M+33.8% | $5.5M-34.7% | $8.4M-20.2% | $10.6M-0.1% | $10.6M |
| Income taxes | $1.6M+30.5% | $1.2M-39.0% | $2.0M-18.8% | $2.5M+2.1% | $2.4M |
| Net income | $5.8M+34.8% | $4.3M-33.3% | $6.4M-20.7% | $8.1M-0.7% | $8.1M |
| Earnings per common share - basic (in dollars per share) | $1.81+32.1% | $1.37-34.1% | $2.08-21.8% | $2.66-1.5% | $2.7 |
| Earnings per common share - diluted (in dollars per share) | $1.81+32.1% | $1.37-34.1% | $2.08-21.8% | $2.66 | — |
| Deposit Account [Member] | |||||
| Service charges on deposit accounts | $450K+40.6% | $320K-59.6% | $793K+1.9% | $778K+7.4% | $724K |
| Other fees and commissions | $450K+40.6% | $320K-59.6% | $793K+1.9% | $778K+7.4% | $724K |
| Financial Service, Other [Member] | |||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
FARMERS AND MERCHANTS BANCSHARES, INC. INCREASES ITS CASH DIVIDEND BY 5.9% TO $0.36 PER SHARE
Farmers and Merchants Bancshares, Inc. Reports Earnings of $1.8 Million, or $0.56 per Share, for the Three Months Ended March 31, 2026
Farmers and Merchants Bancshares, Inc. Reports Earnings of $5.8 Million or $1.81 per Share for the Year Ended December 31, 2025
FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $0.34 PER SHARE