The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 24,071 | 23,823 | 23,718 | 46,064 |
| Provision for credit losses | 500 | 1,100 | 700 | 1,700 |
| Depreciation and amortization | 756 | 752 | 781 | 1,530 |
| Net accretion of securities premiums and discounts | 1,025 | 820 | 523 | 560 |
| Stock based compensation expense | 3,518 | 3,349 | 3,009 | 5,192 |
| Increase in cash surrender value of boli | 638 | 660 | 1,869 | - |
| (increase)/decrease in cash surrender value of boli | - | - | - | -1,230 |
| Gain on boli death benefit | - | 0 | - | - |
| Decrease in deferred income taxes, net | -3,300 | 14,038 | -2,885 | -1,125 |
| Net realized (gain)/loss on sale of securities available-for-sale | - | 44 | 0 | - |
| Other assets | -10,124 | -32,303 | 6,095 | -2,943 |
| Other liabilities | 110 | -32,073 | 5,656 | 4,246 |
| Net cash provided by operating activities | 40,716 | 13,692 | 29,492 | 61,010 |
| Net decrease in loans and leases held for investment | -32,158 | 40,779 | -14,391 | -54,064 |
| Purchase of available-for-sale securities | 0 | 138,117 | 303,444 | 123,285 |
| Redemption of other investments | - | 0 | 0 | 0 |
| Purchase of held-to-maturity securities | 1,050 | 734 | 2,496 | 6,351 |
| Proceeds from sales, maturities, calls and pay downs of available-for-sale securities | 40,499 | 62,930 | 15,443 | 24,099 |
| Proceeds from maturities, calls and pay downs of held-to-maturity securities | 11,430 | 16,564 | 16,940 | 26,867 |
| Purchase of bank-owned life insurance | - | 0 | - | - |
| Purchase of premises and equipment | 9,535 | 2,230 | 2,082 | 3,266 |
| Proceeds from bank-owned life insurance | - | 0 | 0 | - |
| Purchase of other investments | 3,135 | 1,574 | 5,645 | 3,441 |
| Proceeds from sale of assets | 0 | 73 | 0 | 60 |
| Net cash provided by investing activities | 70,367 | -103,867 | -266,893 | -31,253 |
| Net increase in deposits | 138,447 | 92,812 | 124,650 | 61,225 |
| Cash dividends paid | 3,665 | 3,477 | 3,883 | 6,481 |
| Restricted stock vesting distribution | 6,303 | - | - | - |
| Cash used in share repurchase program | 0 | 0 | -1 | 2,934 |
| Purchase of treasury stock | 202 | 26,863 | 2,552 | 2,378 |
| Net cash provided by financing activities | 128,277 | 62,472 | 118,216 | 49,432 |
| Net change in cash and cash equivalents | 239,360 | -27,703 | -119,185 | 79,189 |
| Cash and cash equivalents, beginning of period | 144,864 | 172,567 | 212,563 | - |
| Cash and cash equivalents, end of period | 384,224 | 144,864 | 172,567 | - |
FARMERS & MERCHANTS BANCORP (FMCB)
FARMERS & MERCHANTS BANCORP (FMCB)