← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $33.5m |
$36.1m
+7.81%
|
$39.9m
+10.34%
|
$53.5m
+34.35%
|
$59.8m
+11.63%
|
$69.5m
+16.26%
|
$86.8m
+24.88%
|
$81.4m
-6.21%
|
$85.9m
+5.55%
|
$104.3m
+21.39%
|
$174.7m
+67.53%
|
|
| 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 | $51.2m | |
| Amortization of Intangible Assets | $323k | $245k | $167k | $727k | $720k | $677k | $1.0m | $1.7m | $1.7m | $1.7m | — | |
| Interest expense: | ||||||||||||
| 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: | ||||||||||||
| Interest Income, Other | — | — | — | $1.2m | $242k | $324k | $906k | $3.9m | $9.7m | $3.4m | $174.7m | |
| 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 | $46.1m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | $6.8m | $7.8m | $7.8m | $3.3m | $6.3m | $9.3m | $10.2m | |
| Income Tax Expense (Benefit) | $4.7m | $5.2m | $3.2m | $4.2m | $5.1m | $6.0m | $8.0m | $5.6m | $6.6m | $9.2m | $10.2m | |
| Net Income (Loss) Attributable to Parent | $11.7m |
$12.7m
+9.05%
|
$14.9m
+17.52%
|
$18.4m
+23.10%
|
$20.1m
+9.20%
|
$23.5m
+16.92%
|
$32.5m
+38.39%
|
$22.8m
-29.92%
|
$25.9m
+13.83%
|
$33.3m
+28.42%
|
$35.5m
+6.56%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $11.6m |
$12.6m
+8.95%
|
$14.8m
+17.47%
|
$18.3m
+23.41%
|
$19.9m
+9.19%
|
$23.3m
+16.86%
|
$32.2m
+38.31%
|
$22.5m
-30.07%
|
$25.4m
+12.84%
|
$32.9m
+29.37%
|
$35.5m
+7.88%
|
|
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $64k | $77k | $98k | $87k | $96k | $121k | $187k | $120k | $362k | $254k | — | |
| Earnings Per Share, Basic | $2.53 | $1.38 | $1.61 | $1.66 | $1.80 | $2.01 | $2.46 | $1.67 | $1.90 | $2.43 | $2.62 | |
| Earnings Per Share, Diluted | $2.53 | $1.38 | $1.61 | $1.66 | $1.80 | $2.01 | $2.46 | $1.67 | $1.90 | $2.43 | $2.62 | |
| 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 | 13.6m | |
| Additional Financial Items | ||||||||||||
| Other Interest and Dividend Income | $43k | $124k | — | — | — | — | — | — | — | — | — | |
| Bank Owned Life Insurance Income | — | — | — | — | $430k | — | $691k | $834k | $965k | $1.4m | — | |
| 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 | — | — | — | — | — | — | — | |
| Taxes, Miscellaneous | $878k | $902k | $954k | $981k | $1.3m | $1.5m | $1.4m | $1.5m | $1.5m | $1.6m | — |