Farmers & Merchants Bancorp, Inc. (FMAO) Financial Statements (2023 and Earlier)

Company Profile

Business Address 307-11 N DEFIANCE ST
ARCHBOLD, OH 43502
State of Incorp. OH
Fiscal Year End December 31
Industry (SIC) 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1461035442372921
Cash and cash equivalents1461035442372921
Total current assets:1461035442372921
Noncurrent Assets
Property, plant and equipment27272623222121
Intangible assets, net (including goodwill)8047514455
Goodwill8047474444
Intangible assets, net (excluding goodwill)  4  11
Total noncurrent assets:107747727262626
Other undisclosed assets2,3851,7321,4761,0481,0441,000942
TOTAL ASSETS:2,6381,9101,6071,1161,1071,056989
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt31303826295857
Total current liabilities:31303826295857
Noncurrent Liabilities
Other undisclosed liabilities2,3101,6301,340947944872812
Total liabilities:2,3411,6601,377973973930869
Stockholders' equity
Stockholders' equity attributable to parent297249230143134126120
Common stock123828211121212
Treasury stock, value(12)(12)(12)(12)(12)(12)(12)
Accumulated other comprehensive income (loss)(3)61(3)(2)(2)0
Retained earnings189174160148137128120
Total stockholders' equity:297249230143134126120
TOTAL LIABILITIES AND EQUITY:2,6381,9101,6071,1161,1071,056989

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues72656343423833
Net investment income72656343373429
Cost of revenue(5)(8)(2)(1)(1)(2)(1)
Provision for loan, lease, and other losses(3)(7)(1)(0)
Amortization of mortgage servicing rights (msrs)(2)(1)(0)(0)(0)(0)(0)
Financial services costs(0)(1)(1)
Gross profit:67576142413632
Operating expenses(9)(6)(6)(4)(6)(6)(6)
Operating income:58515437353026
Nonoperating income
(Investment Income, Nonoperating)
    010
Interest and debt expense(7)(10)(15)(7)(5)(4)(4)
Income from continuing operations before equity method investments, income taxes:51414031302623
Other undisclosed loss from continuing operations before income taxes(21)(16)(17)(13)(12)(10)(9)
Income from continuing operations before income taxes:29252318181614
Income tax expense(6)(5)(4)(3)(5)(5)(4)
Net income attributable to parent:23201815131210
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)(0)(0)
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:23201815131210

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:23201815131210
Other comprehensive income (loss)(9)54(1)0(2)(0)
Comprehensive income, net of tax, attributable to parent:1525231413910

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: