For the quarter ending 2026-03-31, FMAO had $75,752K increase in cash & cash equivalents over the period. $6,988K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 9,578 | 9,793 | 8,854 | 14,662 |
| Depreciation | 982 | 625 | 1,028 | 1,971 |
| Amortization (accretion) of premiums on available-for-sale securities, net | 78 | 52 | 24 | -113 |
| Capitalized additions to servicing rights | 320 | 275 | 313 | 515 |
| Servicing rights amortization and impairment | 523 | 637 | 586 | 361 |
| Amortization of core deposit intangible | 274 | 415 | 414 | 828 |
| Amortization of customer list intangible | 31 | 31 | 31 | 61 |
| Net accretion of fair value adjustments | -365 | -556 | -639 | -1,177 |
| Amortization of subordinated note issuance costs | 29 | 29 | 29 | 57 |
| Stock-based compensation expense | 331 | 317 | 333 | 744 |
| Director stock awards | - | 0 | 8 | 181 |
| Deferred income taxes | - | -126 | - | - |
| Provision for credit losses - loans | 302 | 567 | 557 | 1,472 |
| Provision for (recovery of) credit losses - off balance sheet credit exposures | 6 | -1 | -272 | -233 |
| Gain on sale of loans held for sale | 575 | 306 | 444 | 541 |
| Originations of loans held for sale | 23,828 | 17,850 | 14,833 | 30,158 |
| Proceeds from sale of loans held for sale | 22,758 | 17,225 | 18,633 | 27,336 |
| (gain) loss on derivatives | -7 | 21 | 23 | 22 |
| Loss on sale of other assets owned | 0 | -2 | 0 | -39 |
| Loss on sales of available-for-sale securities | - | 0 | - | - |
| Loss on sales of securities available-for-sale | -347 | - | - | - |
| Increase in cash surrender value of bank owned life insurance | 655 | 640 | 247 | 483 |
| Change in other assets and other liabilities, net | 1,696 | -3,612 | 2,478 | 2,583 |
| Net cash provided by operating activities | 7,651 | 13,426 | 11,200 | 12,113 |
| Maturities, prepayments and calls | 19,619 | 20,332 | 16,583 | 32,785 |
| Sales | 5,354 | 0 | 1,374 | - |
| Purchases | 34,866 | 16,922 | 2,994 | 29,831 |
| Proceeds from sale of other assets owned | - | 155 | 0 | 15 |
| Purchases of fhlb stock | 521 | 1,689 | 554 | 472 |
| Proceeds from redemption of fhlb stock | 881 | 166 | 3,039 | 878 |
| Purchase of bank owned life insurance | - | 18,000 | - | - |
| Proceeds from bank owned life insurance | 2,659 | 6,832 | - | - |
| Change in interest-bearing time deposits | 245 | 0 | 494 | 490 |
| Additions to premises and equipment | 663 | 187 | 475 | 1,105 |
| Net decrease (increase) on loan originations and principal collections | -30,998 | 53,617 | 32,732 | 63,268 |
| Net cash provided by (used in) investing activities | 23,706 | -62,930 | -15,265 | -60,508 |
| Net change in deposits | 78,927 | -21,176 | 41,582 | 23,564 |
| Net change in federal funds purchased and securities sold under agreements to repurchase | -22,956 | 15,000 | -4,844 | 344 |
| Proceeds from fhlb advances | 32,180 | 40,000 | 0 | - |
| Repayment of fhlb advances | 40,574 | 539 | 536 | 57,617 |
| Purchase of treasury stock | 57 | 1 | 338 | 23 |
| Cash dividends paid on common stock | 3,125 | 3,092 | 3,000 | 5,993 |
| Net cash provided by financing activities | 44,395 | 30,192 | 32,864 | -39,725 |
| Net increase (decrease) in cash and cash equivalents | 75,752 | -19,312 | 28,799 | -88,120 |
| Cash and cash equivalents - beginning of year | 97,718 | 117,030 | 176,351 | - |
| Cash and cash equivalents - end of period | 173,470 | 97,718 | 117,030 | - |
FARMERS & MERCHANTS BANCORP INC (FMAO)
FARMERS & MERCHANTS BANCORP INC (FMAO)