For the year ending 2025-12-31, FMFG had -$17,980K decrease in cash & cash equivalents over the period. $5,680K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 5,766 |
| Depreciation and amortization | 750 |
| Provision for credit losses | 698 |
| Amortization (accretion) of right of use asset | -9 |
| Unrealized (gain) loss on equity security | 16 |
| Write down of other real estate owned | 270 |
| Non-cash compensation | 0 |
| Loss on disposal of premises and equipment | 0 |
| Gain of sale of sba loans | 89 |
| Gain on insurance proceeds | 53 |
| (gain) on fair value hedge | 0 |
| Gain on settlement of fair value hedge | 94 |
| Deferred tax expense (benefit) | -89 |
| Loss on sale of securities | 0 |
| Stock based compensation | 172 |
| Amortization of debt issuance costs | -16 |
| Amortization of premiums and (accretion of discounts), net | 441 |
| Increase in bank owned life insurance cash surrender value | 424 |
| Deferred loan fees and costs, net | 79 |
| Accrued interest payable | 275 |
| Other liabilities | -49 |
| Mortgage loans held for sale | 557 |
| Accrued interest receivable | 96 |
| Other assets | 59 |
| Net cash provided by operating activities | 6,050 |
| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities | 13,259 |
| Proceeds From Maturities Prepayments And Calls Of | 593 |
| Proceeds From Sale Of Available For Sale Securities Debt | 0 |
| Payments To Acquire Available For Sale Securities Debt | 1,016 |
| Payments To Acquire | 0 |
| Loans made to customers, net of principal collected | 52,531 |
| Purchase of stock in fhlb of atlanta | 2,772 |
| Equity security dividends reinvested | 16 |
| Redemption/pay out of boli | -395 |
| Proceeds from sale of reo property | 906 |
| Proceeds from insurance | 53 |
| Purchases of premises, equipment and software | 370 |
| Net cash used in investing activities | -41,499 |
| Noninterest-bearing deposits | 9,901 |
| Interest-bearing deposits | -48,247 |
| Securities sold under repurchase agreements | -1,247 |
| Federal home loan bank of atlanta advances | 57,700 |
| Federal reserve bank advances | 0 |
| Subordinated debt offering, net of issuance costs | 12,024 |
| Long-term debt principal payments | -11,333 |
| Dividends paid, net of reinvestments | 1,329 |
| Net cash provided by financing activities | 17,469 |
| Net (decrease) increase in cash and cash equivalents | -17,980 |
| Cash and cash equivalents at beginning of period | 64,659 |
| Cash and cash equivalents at end of period | 46,679 |
Farmers & Merchants Bancshares, Inc. (FMFG)
Farmers & Merchants Bancshares, Inc. (FMFG)