For the quarter ending 2025-09-30, FMFG had $20,904K increase in cash & cash equivalents over the period. $2,737K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 4,069 | - |
| Depreciation and amortization | 565 | - |
| Provision for (recovery of) credit losses | 595 | - |
| Amortization (accretion) of right of use asset | -5 | - |
| Unrealized loss (gain) on equity security | 16 | - |
| Write down of other real estate owned | 83 | - |
| Non cash compensation | 0 | - |
| Loss on disposal of premises and equipment | 0 | - |
| Gain on insurance proceeds | 73 | - |
| Loss on fair value hedge | -50 | - |
| Settlement of fair value hedge | 94 | - |
| Loss on sale of debt securities | 0 | - |
| Stock based compensation | 168 | - |
| Amortization of debt issuance costs | 4 | - |
| Amortization of premiums and (accretion of discounts), net | 345 | - |
| Increase in bank owned life insurance cash surrender value | 316 | - |
| Deferred loan fees and costs, net | 54 | - |
| Accrued interest payable | -68 | - |
| Other liabilities | 81 | - |
| Mortgage loans held for sale | -157 | - |
| Accrued interest receivable | 111 | - |
| Other assets | 65 | - |
| Net cash provided by operating activities | 2,836 | 1,897 |
| Proceeds from paydowns, maturity and call of securities, available for sale | 3,048 | 7,110 |
| Proceeds from paydowns, maturity and call of securities held to maturity | 353 | - |
| Held to maturity | - | 773 |
| Proceeds from sale of securities available for sale | 0 | 0 |
| Purchases of securities, available for sale | 887 | 0 |
| Loans made to customers, net of principal collected | 7,325 | 34,491 |
| Purchase of stock in fhlb of atlanta | 1,910 | 269 |
| Equity securities dividend reinvested | 12 | - |
| Proceeds from insurance | 73 | 0 |
| Purchases of premises, equipment and software | 99 | 206 |
| Net cash used in investing activities | -5,986 | -28,629 |
| Noninterest-bearing deposits | -5,211 | 14,200 |
| Long-term debt principal payments | - | 944 |
| Interest-bearing deposits | -9,591 | -24,108 |
| Securities sold under repurchase agreements | -2,314 | -792 |
| Federal home loan bank of atlanta advances | 40,200 | 5,000 |
| Federal reserve bank advances | 0 | 0 |
| Subordinated debt offering | 12,024 | - |
| Long-term debt principal payments | -11,333 | - |
| Dividends paid, net of reinvestments | 665 | 0 |
| Net cash used in financing activities | 24,054 | -6,644 |
| Net decrease in cash and cash equivalents | 20,904 | -33,376 |
| Cash and cash equivalents at beginning of period | 64,659 | - |
| Cash and cash equivalents at end of period | 52,187 | - |
Farmers & Merchants Bancshares, Inc. (FMFG)
Farmers & Merchants Bancshares, Inc. (FMFG)