Farmers & Merchants Bancorp (FMCB) Financial Statements (2026 and earlier)

Company Profile

Business Address FARMERS AND MERCHANTS BANCORP
LODI, CA 95240-2184
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments144,864212,563410,642588,257715,460383,837
Cash and cash equivalent144,864212,563410,642588,257715,460383,837
Total current assets:144,864212,563410,642588,257715,460383,837
Noncurrent Assets
Operating lease, right-of-use asset 1,6002,2002,7003,4004,0504,800
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization55,84751,36751,90749,47647,73050,147
Intangible asset, including goodwill, after accumulated amortization12,34812,87013,41913,99214,585 
Goodwill11,18311,18311,18311,18311,183 
Intangible asset, excluding goodwill, after accumulated amortization1,1651,6872,2362,8093,402 
Deferred income tax assets38,77536,72939,97931,50725,542 
Total noncurrent assets:108,570103,166108,00598,37591,90754,947
Other undisclosed assets5,436,6765,054,4674,790,2814,640,7674,370,3534,111,669
TOTAL ASSETS:5,690,1105,370,1965,308,9285,327,3995,177,7204,550,453
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt16,80018,90015,500   
Investment program, proportional amortization method, elected, commitment16,80018,90015,500   
Total noncurrent liabilities:16,80018,90015,500   
Other undisclosed liabilities5,027,7964,778,2244,743,6734,842,0914,714,5844,126,788
Total liabilities:5,044,5964,797,1244,759,1734,842,0914,714,5844,126,788
Equity
Equity, attributable to parent645,514573,072549,755485,308463,136423,665
Common stock777888
Treasury stock, value(31,793)     
Additional paid in capital11,550 36,85257,20677,51677,516
Accumulated other comprehensive income (loss)(3,512)(19,366)(12,464)(21,838)(1,719)13,071
Retained earnings669,262592,431525,360449,932387,331333,070
Total equity:645,514573,072549,755485,308463,136423,665
TOTAL LIABILITIES AND EQUITY:5,690,1105,370,1965,308,9285,327,3995,177,7204,550,453

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues230,531240,869223,155165,435150,664158,692
Net investment income230,487240,126231,354176,124148,110158,652
Cost of revenue
(Provision for Loan, Lease, and Other Losses)		(3,500)(1,000)(9,407)(6,450)(1,910)(4,500)
Gross profit:227,031239,869213,748158,985148,754154,192
Operating expenses(10,667)(10,644)(9,056)(6,778)(10,879)(5,690)
Other operating income, net
(Noninterest Income, Other Operating Income)		6,3354,2494,3254,2663,7823,618
Operating income:222,699233,474209,017156,473141,657152,120
Nonoperating income
(Bank Owned Life Insurance Income)		2,5302,4302,0272,2332,1752,088
Interest and debt expense   (38,369)(4,840)(4,332)(9,491)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (66,766)
Income from continuing operations before equity method investments, income taxes:225,229235,904172,675153,866139,50077,951
Other undisclosed loss from continuing operations before income taxes(96,453)(113,660)(56,122)(54,125)(51,179) 
Income from continuing operations before income taxes:128,776122,244116,55399,74188,32177,951
Income tax expense(35,171)(33,787)(28,239)(24,651)(21,985)(19,217)
Income from continuing operations:93,60588,45788,31475,09066,33658,734
Income before gain (loss) on sale of properties:✕✕✕✕✕66,33658,734
Net income available to common stockholders, diluted:93,60588,45788,31475,09066,33658,734

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:93,60588,45788,31475,09066,33658,734
Other comprehensive income (loss)22,508(9,798)13,309(28,564)(20,997) 
Comprehensive income:116,11378,659101,62346,52645,33958,734
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(6,654)2,896(3,935)8,4456,2079,766
Comprehensive income, net of tax, attributable to parent:109,45981,55597,68854,97151,54668,500

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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