FARMERS & MERCHANTS BANCORP INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Interest income:
Noninterest income:
Additional Financial Items
Other Interest and Dividend Income $43k $124k
Bank Owned Life Insurance Income $430k $691k $834k $965k $1.4m
Amortization of Intangible Assets $323k $245k $167k $727k $720k $677k $1.0m $1.7m $1.7m $1.7m
Interest Income, Other $1.2m $242k $324k $906k $3.9m $9.7m $3.4m
Taxes, Miscellaneous $878k $902k $954k $981k $1.3m $1.5m $1.4m $1.5m $1.5m $1.6m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $64k $77k $98k $87k $96k $121k $187k $120k $362k $254k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $16.3m $17.9m $18.2m $22.6m $25.2m $29.5m $40.5m $28.4m $32.6m $42.5m
Net Income (Loss) Attributable to Parent $11.7m $12.7m $14.9m $18.4m $20.1m $23.5m $32.5m $22.8m $25.9m $33.3m
Net Income (Loss) Available to Common Stockholders, Basic $11.6m $12.6m $14.8m $18.3m $19.9m $23.3m $32.2m $22.5m $25.4m $32.9m
Earnings Per Share, Basic $2.53 $1.38 $1.61 $1.66 $1.80 $2.01 $2.46 $1.67 $1.90 $2.43
Earnings Per Share, Diluted $2.53 $1.38 $1.61 $1.66 $1.80 $2.01 $2.46 $1.67 $1.90 $2.43
Common Stock, Dividends, Per Share, Declared $0.91 $0.50 $0.56 $0.61 $0.66 $0.71 $0.81 $0.85 $0.88 $0.90
Weighted Average Number of Shares Outstanding, Basic 4.6m 9.2m 9.2m 11.0m 11.1m 11.6m 13.1m 13.5m 13.4m 13.6m
Noninterest expense:
Selling, General and Administrative Expense $6.1m $6.3m $4.3m $6.4m $6.1m $8.2m $9.6m $10.6m $5.4m $5.9m
Equipment Expense $1.7m $1.9m $2.1m $2.8m $3.1m $3.3m $4.2m $5.0m $5.3m $5.6m
Business Combination, Acquisition Related Costs $1.3m
Current Income Tax Expense (Benefit) $6.8m $7.8m $7.8m $3.3m $6.3m $9.3m
Interest Expense $4.2m $5.1m $6.6m $14.8m $10.4m $7.3m $14.4m $58.4m $77.7m $69.3m
Income Tax Expense (Benefit) $4.7m $5.2m $3.2m $4.2m $5.1m $6.0m $8.0m $5.6m $6.6m $9.2m
Total interest expense $4.2m $5.1m $6.6m $14.8m $10.4m $7.3m $14.4m $58.4m $77.7m $69.3m
Interest Income (Expense), Net $33.5m $36.1m $39.9m $53.5m $59.8m $69.5m $86.8m $81.4m $85.9m $104.3m