FMP
Farmers & Merchants Bancorp, Inc.
FMAO
NASDAQ
Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, remote deposit capture or electronic deposit processing, and merchant credit card services. It also offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.
25.66 USD
1.36 (5.3%)
FMAO Financial Statements
Year
2024
2023
2022
2021
CF from Operating Activities
33.97M
22.15M
40.67M
34.74M
Net Income
25.94M
22.54M
32.52M
23.5M
Depreciation & Amortization
6.37M
5.16M
4.02M
4.99M
Deferred Income Taxes
307k
2.23M
171k
-1.8M
Stock Based Compensation
1.55M
1.46M
1.02M
895k
Change in Working Capital
3.78M
-6.59M
-5.96M
2.53M
Accounts Receivable
0
0
0
0
Inventory
0
0
0
0
Accounts Payable
0
0
0
0
Other Working Capital
3.78M
-6.59M
-5.96M
2.53M
Other Non-Cash Items
-5.47M
-2.66M
9.02M
4.71M
CF from Investing Activities
-44.36M
-194.09M
-389.9M
-265.69M
Investments in Property, Plant & Equipment
-1.87M
-10.93M
-2.6M
-1.97M
Net Acquisitions
0
0
9.07M
-12.36M
Investment Purchases
-99.13M
0
-39.99M
-171.3M
Sales/Maturities of Investments
35.02M
0
31.06M
65.6M
Other Investing Activites
21.62M
-183.16M
-387.45M
-145.67M
CF from Financing Activities
46.04M
229.73M
252.82M
236.07M
Debt Repayment
-19.68M
128.34M
-67.39M
-157k
Common Stock Issued
0
0
0
0
Common Stock Repurchased
-664k
-218k
-308k
-338k
Dividends Paid
-11.92M
-11.34M
-10.28M
-7.67M
Other Financing Activites
78.3M
112.95M
190.8M
169.81M
Free Cash Flow
30.6M
11.22M
38.07M
32.78M
Operating Cash Flow
32.47M
22.15M
40.67M
34.74M
Capital Expenditures
-1.87M
-10.93M
-2.6M
-1.97M
Cash at Beginning of Period
142.2M
84.41M
180.82M
175.71M
Cash at End of Period
176.35M
142.2M
84.41M
180.82M
Net Change In Cash
34.15M
57.79M
-96.41M
5.12M
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
221.08M
212.45M
189.4M
173.59M
Net Income
25.94M
22.79M
32.52M
23.5M
Stock Repurchases
-664k
-218k
-308k
-338k
Dividend Paid
-11.92M
-11.34M
-10.28M
-7.67M
Retained Earnings
235.85M
221.08M
212.45M
189.4M
Other Distributions
2.19M
-2.92M
12.46M
7.8M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
33.83M
35.79M
28.66M
26.91M
Annual Depreciation
6.37M
0
3.87M
3.41M
Capital Expenditure
-1.87M
-10.93M
-2.6M
-1.97M
Net PPE
29.33M
46.72M
27.39M
25.47M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
0
0
5.92M
33.09M
Goodwill (Previous Year)
86.36M
86.36M
80.43M
47.34M
Goodwill
86.36M
86.36M
86.36M
80.43M
All figures are in USD.
