For the year ending 2025-12-31, FMAO had -$78,633K decrease in cash & cash equivalents over the period. $34,972K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 33,309 |
| Depreciation | 3,624 |
| Amortization of premiums on available-for-sale securities, net | -37 |
| Capitalized additions to servicing rights | 1,103 |
| Servicing rights amortization and impairment | 1,584 |
| Amortization of core deposit intangible | 1,657 |
| Amortization of customer list intangible | 123 |
| Net accretion of fair value adjustments | -2,372 |
| Amortization of subordinated note issuance costs | 115 |
| Stock-based compensation expense | 1,394 |
| Director stock awards | 189 |
| Deferred income taxes | -126 |
| Provision for credit losses - loans | 2,596 |
| Provision for (recovery of) credit losses - off balance sheet credit exposures | -506 |
| Gain on sale of loans held for sale | 1,291 |
| Originations of loans held for sale | 62,841 |
| Proceeds from sale of loans held for sale | 63,194 |
| Gain on derivatives | 66 |
| Loss (gain) on sale of other assets owned | -41 |
| Loss on sales of available-for-sale securities | 0 |
| Increase in cash surrender value of bank owned life insurance | 1,370 |
| Change in other assets and other liabilities, net | 1,449 |
| Net cash provided by operating activities | 36,739 |
| Maturities, prepayments and calls | 69,700 |
| Sales | 1,374 |
| Purchases | 49,747 |
| Purchases of fhlb stock | 2,715 |
| Proceeds from redemption of fhlb stock | 4,083 |
| Purchase of bank owned life insurance | 18,000 |
| Proceeds from bank owned life insurance | 6,832 |
| Change in interest-bearing time deposits | 984 |
| Proceeds from sale of other assets owned | 170 |
| Additions to premises and equipment | 1,767 |
| Net (increase) decrease on loan originations and principal collections | 149,617 |
| Net cash (used in) provided by investing activities | -138,703 |
| Net change in deposits | 43,970 |
| Net change in federal funds purchased and securities sold under agreements to repurchase | 10,500 |
| Proceeds of fhlb advances | 40,000 |
| Repayment of fhlb advances | 58,692 |
| Purchase of treasury stock | 362 |
| Cash dividends paid on common stock | 12,085 |
| Net cash used in financing activities | 23,331 |
| Net (decrease) increase in cash and cash equivalents | -78,633 |
| Cash and cash equivalents - beginning of year | 176,351 |
| Cash and cash equivalents - end of year | 97,718 |
FARMERS & MERCHANTS BANCORP INC (FMAO)
FARMERS & MERCHANTS BANCORP INC (FMAO)