For the quarter ending 2026-03-31, FMFG has $862,926K in assets. $796,825K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and due from banks | 48,162 | 46,113 | 51,666 | 30,282 |
| Federal funds sold and other interest-bearing deposits | 571 | 566 | 521 | 1,001 |
| Cash and cash equivalents | 48,733 | 46,679 | 52,187 | 31,283 |
| Certificates of deposit in other banks | 100 | 100 | 100 | 100 |
| Securities available for sale, at fair value | 112,456 | 118,730 | 121,138 | 121,434 |
| Securities held to maturity, at amortized cost less allowance for credit losses of 88 and 79 | 21,227 | 21,055 | 21,128 | 21,328 |
| Equity security, at fair value | 551 | 550 | 546 | 535 |
| Restricted stock, at cost | 3,713 | 3,693 | 3,100 | 1,190 |
| Mortgage loans held for sale | 344 | 714 | 0 | 641 |
| Loans | 633,567 | 638,340 | 627,764 | - |
| Financing receivable, allowance for credit loss, excluding accrued interest | 4,458 | 4,361 | 4,257 | - |
| Deferred origination fees net of costs | 811 | 835 | 1,050 | - |
| Loans, less allowance for credit losses of 4,458 and 4,361 | 628,298 | 633,144 | 622,457 | 615,469 |
| Property, plant and equipment, gross | - | 16,372 | - | - |
| Accumulated depreciation and amortization | - | 9,231 | - | - |
| Premises and equipment, net | 7,042 | 7,141 | 7,222 | 7,267 |
| Accrued interest receivable | 2,467 | 2,535 | 2,550 | 2,388 |
| Deferred income taxes, net | 6,510 | 6,277 | 6,410 | 7,120 |
| Other real estate owned, net | 1,673 | 1,673 | 2,775 | 2,758 |
| Bank owned life insurance | 15,453 | 15,353 | 15,640 | 15,535 |
| Goodwill and other intangibles, net | 7,016 | 7,018 | 7,020 | 7,022 |
| Other assets | 7,343 | 7,296 | 7,359 | 8,148 |
| Total assets | 862,926 | 871,958 | 869,632 | 842,218 |
| Noninterest-bearing | 122,965 | 117,098 | 116,187 | 121,398 |
| Interest-bearing | 588,331 | 603,361 | 617,909 | 627,500 |
| Total deposits | 711,296 | 720,459 | 734,096 | 748,898 |
| Securities sold under repurchase agreements | 3,452 | 4,317 | 2,458 | 4,772 |
| Federal home loan bank of atlanta advances | 62,700 | 62,700 | 50,200 | 10,000 |
| Long-term debt, net of unamortized issuance costs | 12,048 | 12,036 | 12,024 | 10,388 |
| Accrued interest payable | 762 | 1,278 | 935 | 919 |
| Other liabilities | 6,567 | 6,508 | 6,756 | 6,995 |
| Total liabilities | 796,825 | 807,298 | 806,469 | 781,972 |
| Common stock, par value .01 per share, authorized 5,000,000 shares issued and outstanding 3,235,707 shares in 2026 and 3,229,795 shares in 2025 | 32 | 32 | 32 | 32 |
| Additional paid-in capital | 32,253 | 32,148 | 31,718 | 31,299 |
| Retained earnings | 47,035 | 45,210 | 44,602 | 43,976 |
| Accumulated other comprehensive loss | -13,219 | -12,730 | -13,189 | -15,061 |
| Total stockholders' equity | 66,101 | 64,660 | 63,163 | 60,246 |
| Total liabilities and stockholders' equity | 862,926 | 871,958 | 869,632 | 842,218 |
Farmers & Merchants Bancshares, Inc. (FMFG)
Farmers & Merchants Bancshares, Inc. (FMFG)