For the year ending 2025-12-31, FMFG has $871,958K in assets. $807,298K in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and due from banks | 46,113 | |||
| Federal funds sold and other interest-bearing deposits | 566 | |||
| Cash and cash equivalents | 46,679 | |||
| Certificates of deposit in other banks | 100 | |||
| Securities available for sale, at fair value | 118,730 | |||
| Securities held to maturity, at amortized cost less allowance for credit losses of 79 and 60 | 21,055 | |||
| Equity security, at fair value | 550 | |||
| Restricted stock, at cost | 3,693 | |||
| Mortgage loans held for sale | 714 | |||
| Loans | 638,340 | |||
| Financing receivable, allowance for credit loss, excluding accrued interest | 4,361 | |||
| Deferred origination fees net of costs | 835 | |||
| Loans, less allowance for credit losses of 4,361 and 4,260 | 633,144 | |||
| Property, plant and equipment, gross | 16,372 | |||
| Accumulated depreciation and amortization | 9,231 | |||
| Premises and equipment, net | 7,141 | |||
| Accrued interest receivable | 2,535 | |||
| Deferred income taxes, net | 6,277 | |||
| Other real estate owned, net | 1,673 | |||
| Bank owned life insurance | 15,353 | |||
| Goodwill and other intangibles, net | 7,018 | |||
| Other assets | 7,296 | |||
| Total assets | 871,958 | |||
| Noninterest-bearing | 117,098 | |||
| Interest-bearing | 603,361 | |||
| Total deposits | 720,459 | |||
| Securities sold under repurchase agreements | 4,317 | |||
| Federal home loan bank of atlanta advances | 62,700 | |||
| Long-term debt, net of unamortized issuance costs | 12,036 | |||
| Accrued interest payable | 1,278 | |||
| Other liabilities | 6,508 | |||
| Total liabilities | 807,298 | |||
| Common stock, par value .01 per share, authorized 5,000,000 shares issued and outstanding 3,229,795 shares in 2025 and 3,166,653 shares in 2024 | 32 | |||
| Additional paid-in capital | 32,148 | |||
| Retained earnings | 45,210 | |||
| Accumulated other comprehensive loss | -12,730 | |||
| Total stockholders' equity | 64,660 | |||
| Total liabilities and stockholders' equity | 871,958 | |||
Farmers & Merchants Bancshares, Inc. (FMFG)
Farmers & Merchants Bancshares, Inc. (FMFG)