Farmers & Merchants Bancorp (FMCB) financial statements (2022 and earlier)

Company profile

Business Address FARMERS AND MERCHANTS BANCORP
LODI, CA 95240-2184
State of Incorp. DE
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments715 29514618799
Cash and cash equivalents715 29514618799
Total current assets:715 29514618799
Noncurrent Assets
Operating lease, right-of-use asset4 5
Property, plant and equipment48 45332929
Intangible assets, net (including goodwill)15     
Goodwill11     
Intangible assets, net (excluding goodwill)3     
Deferred income tax assets26  
Total noncurrent assets:92 50332929
Other undisclosed assets4,370 3,3773,2562,8602,794
TOTAL ASSETS:5,178 3,7223,4343,0752,922
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities4,715 3,3533,1232,7762,642
Total liabilities:4,715 3,3533,1232,7762,642
Stockholders' equity
Stockholders' equity attributable to parent463 369311300280
Common stock0 0000
Additional paid in capital78 80739491
Accumulated other comprehensive income (loss)(2) 3(3)(1)(0)
Retained earnings387 286241207189
Total stockholders' equity:463 369311300280
TOTAL LIABILITIES AND EQUITY:5,178 3,7223,4343,0752,922

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues151 154133122106
Net investment income148 15413311599
Cost of revenue(2) (0)(6)(3)(6)
Provision for loan, lease, and other losses(2) (0)(6)
Financial services costs(3)(6)
Gross profit:149 15412811999
Operating expenses(11) (8)(9)(51)(47)
Other operating income, net
(Noninterest Income, Other Operating Income)
4 4653
Operating income:142 1491257355
Nonoperating income2 22210
Investment income, nonoperating     2
Gains on sales of other real estate    06
Bank owned life insurance income2 2222
Interest and debt expense(4) (13)(8)(6)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (63)(59)(15)(15)
Income from continuing operations before equity method investments, income taxes:140 75605446
Other undisclosed loss from continuing operations before income taxes(51)     
Income from continuing operations before income taxes:88 75605446
Income tax expense(22) (19)(14)(26)(16)
Net income available to common stockholders, diluted:66 56462830

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:66 56462830
Other comprehensive loss(21)  (3)(1)(1)
Comprehensive income:45 56422829
Other undisclosed comprehensive income (loss), net of tax, attributable to parent6 61(0)0
Comprehensive income, net of tax, attributable to parent:52 62432829

Statements sources

The financial statements are based on the company's filings with the 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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