For the quarter ending 2025-09-30, FMAO had $28,799K increase in cash & cash equivalents over the period. $10,725K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 8,854 | 14,662 |
| Depreciation | 1,028 | 1,971 |
| Amortization of premiums on available-for-sale securities, net | 24 | -113 |
| Capitalized additions to servicing rights | 313 | 515 |
| Servicing rights amortization and impairment | 586 | 361 |
| Amortization of core deposit intangible | 414 | 828 |
| Amortization of customer list intangible | 31 | 61 |
| Net accretion of fair value adjustments | -639 | -1,177 |
| Amortization of subordinated note issuance costs | 29 | 57 |
| Stock-based compensation expense | 333 | 744 |
| Director stock awards | 8 | 181 |
| Provision for credit losses - loans | 557 | 1,472 |
| Recovery of credit losses - off balance sheet credit exposures | -272 | -233 |
| Gain on sale of loans held for sale | 444 | 541 |
| Originations of loans held for sale | 14,833 | 30,158 |
| Proceeds from sale of loans held for sale | 18,633 | 27,336 |
| Gain on derivatives | 23 | 22 |
| Loss (gain) on sale of other assets owned | 0 | -39 |
| Increase in cash surrender value of bank owned life insurance | 247 | 483 |
| Change in other assets and other liabilities, net | 2,478 | 2,583 |
| Net cash provided by operating activities | 11,200 | 12,113 |
| Maturities, prepayments and calls | 16,583 | 32,785 |
| Sales | 1,374 | - |
| Purchases | 2,994 | 29,831 |
| Purchases of fhlb stock | 554 | 472 |
| Proceeds from redemption of fhlb stock | 3,039 | 878 |
| Change in interest-bearing time deposits | 494 | 490 |
| Proceeds from sale of other assets owned | 0 | 15 |
| Additions to premises and equipment | 475 | 1,105 |
| Net (increase) decrease on loan originations and principal collections | 32,732 | 63,268 |
| Net cash (used in) provided by investing activities | -15,265 | -60,508 |
| Net change in deposits | 41,582 | 23,564 |
| Net change in federal funds purchased and securities sold under agreements to repurchase | -4,844 | 344 |
| Proceeds from fhlb advances | 0 | - |
| Repayment of fhlb advances | 536 | 57,617 |
| Purchase of treasury stock | 338 | 23 |
| Cash dividends paid on common stock | 3,000 | 5,993 |
| Net cash (used in) provided by financing activities | 32,864 | -39,725 |
| Net (decrease) increase in cash and cash equivalents | 28,799 | -88,120 |
| Cash and cash equivalents at beginning of period | 176,351 | - |
| Cash and cash equivalents at end of period | 117,030 | - |
FARMERS & MERCHANTS BANCORP INC (FMAO)
FARMERS & MERCHANTS BANCORP INC (FMAO)