For the quarter ending 2026-03-31, FMFG had $2,054K increase in cash & cash equivalents over the period. $1,910K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,825 | 1,697 | 4,069 | - |
| Depreciation and amortization | 180 | 185 | 565 | - |
| Provision for credit losses | 0 | 103 | 595 | - |
| Amortization (accretion) of right of use asset | -5 | -4 | -5 | - |
| Equity security dividends reinvested | 4 | - | - | - |
| Unrealized (gain) loss on equity security | -3 | 0 | 16 | - |
| Write down of other real estate owned | - | 187 | 83 | - |
| Non-cash compensation | - | 0 | 0 | - |
| Loss on disposal of premises and equipment | - | 0 | 0 | - |
| Gain of sale of sba loans | - | 89 | - | - |
| Gain on insurance proceeds | - | -20 | 73 | - |
| (gain) on fair value hedge | 0 | 50 | -50 | - |
| Gain on settlement of fair value hedge | 0 | 0 | 94 | - |
| Deferred tax expense (benefit) | - | -89 | - | - |
| Loss on sale of debt securities | - | - | 0 | - |
| Loss on sale of securities | - | 0 | - | - |
| Stock based compensation | 105 | 4 | 168 | - |
| Amortization of debt issuance costs | -12 | -20 | 4 | - |
| Amortization of premiums and (accretion of discounts), net | 89 | 96 | 345 | - |
| Bank owned life insurance cash surrender value | 100 | 108 | 316 | - |
| Deferred loan fees and costs, net | -24 | 25 | 54 | - |
| Accrued interest payable | -516 | 343 | -68 | - |
| Other liabilities | 59 | -130 | 81 | - |
| Mortgage loans held for sale | -370 | 714 | -157 | - |
| Accrued interest receivable | -68 | -15 | 111 | - |
| Proceeds From Maturities Prepayments And Calls Of | - | 240 | 353 | - |
| Other assets | -70 | -6 | 65 | - |
| Proceeds From Sale Of Available For Sale Securities Debt | - | 0 | 0 | 0 |
| Net cash provided by operating activities | 1,954 | 1,317 | 2,836 | 1,897 |
| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities | 5,903 | 3,101 | 3,048 | 7,110 |
| Payments To Acquire Available For Sale Securities Debt | 350 | 129 | 887 | 0 |
| Held to maturity | 143 | -773 | - | 773 |
| Loans made to customers, net of principal collected | -4,781 | 10,715 | 7,325 | 34,491 |
| Purchase of stock in fhlb of atlanta | 19 | 593 | 1,910 | 269 |
| Equity security dividends reinvested | - | 4 | 12 | - |
| Redemption/pay out of boli | - | -395 | - | - |
| Proceeds from sale of reo property | - | 906 | - | - |
| Proceeds from insurance | - | -20 | 73 | 0 |
| Purchases of premises, equipment and software | 44 | 65 | 99 | 206 |
| Dividends paid, net of reinvestments | - | 664 | 665 | 0 |
| Net cash used in investing activities | 10,128 | -6,884 | -5,986 | -28,629 |
| Noninterest-bearing deposits | 5,867 | 912 | -5,211 | 14,200 |
| Long-term debt principal payments | - | - | - | 944 |
| Interest-bearing deposits | -15,030 | -14,548 | -9,591 | -24,108 |
| Securities sold under repurchase agreements | -865 | 1,859 | -2,314 | -792 |
| Federal home loan bank of atlanta advances | 0 | 12,500 | 40,200 | 5,000 |
| Federal reserve bank advances | - | 0 | 0 | 0 |
| Subordinated debt offering, net of issuance costs | - | 0 | 12,024 | - |
| Long-term debt principal payments | 0 | 0 | -11,333 | - |
| Net cash provided by financing activities | -10,028 | 59 | 24,054 | -6,644 |
| Net (decrease) increase in cash and cash equivalents | 2,054 | -5,508 | 20,904 | -33,376 |
| Cash and cash equivalents at beginning of period | 46,679 | 52,187 | 64,659 | - |
| Cash and cash equivalents at end of period | 48,733 | 46,679 | 52,187 | - |
Farmers & Merchants Bancshares, Inc. (FMFG)
Farmers & Merchants Bancshares, Inc. (FMFG)