Farmers & Merchants Bancshares, Inc.
FMFG · OTCMCIK 1698022fmd_0ZGEYZW4YQMH6TVYV7WBKYDTMTFinance, Insurance and Real Estate · Savings Institutions, Not Federally CharteredTemplate: Financials
Coverage: Jan 01, 2016 to Jun 30, 2026, 42 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | 15 | 17 | 18 | 19 | 21 | 26 | 26 | 31 | 38 | 42 |
| Total revenues | 15 | 16 | 17 | 17 | 19 | 25 | 26 | 23 | 23 | 26 |
| Net interest income | 14 | 15 | 15 | 15 | 17 | 23 | 24 | 21 | 21 | 24 |
| Provision for credit losses | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 1 |
| Net interest income after provision | 14 | 14 | 15 | 15 | 17 | 23 | 24 | 22 | 21 | 24 |
| Losses and loss adjustment expenses | – | 0 | 0 | 0 | 0 | – | – | – | – | – |
| Non-interest income | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Compensation and benefits | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 8 | 8 | 9 |
| Impairment of real estate | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – |
| Non-interest expense | 10 | 10 | 10 | 11 | 16 | 14 | 15 | 15 | 17 | 18 |
| Interest expense | 1 | 2 | 3 | 4 | 3 | 3 | 2 | 10 | 18 | 18 |
| Income before taxes | 6 | 6 | 6 | 6 | 3 | 11 | 11 | 8 | 6 | 7 |
| Income tax expense | 2 | 2 | 1 | 1 | 0 | 2 | 2 | 2 | 1 | 2 |
| Net income from continuing operations | 4 | 4 | 5 | 5 | 3 | 8 | 8 | 6 | 4 | 6 |
| Net income | 4 | 4 | 5 | 5 | 3 | 8 | 8 | 6 | 4 | 6 |