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For the quarter ending 2026-03-31.

Income Overview

Net Income
$1,825K
EPS
$0.56
Unit: Thousand (K) dollars

Income Statement
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Other fees and commissions-Deposit Account
---178
Loss on sale of premises and equipment
-0* 0 -
Other fees and commissions-Financial Service Other
---124
Gain on sale of sba loans
-22* --
Loss on insurance proceeds, net
--56* 73 0
Other fees and commissions-Deposit Account
157 244* 185 -
Other fees and commissions-Financial Service Other
119 132* 106 -
Loss on sale of debt securities
---0
Mortgage banking income
58 6 75 47
Bank owned life insurance income
100 108 105 106
Fair value adjustment of equity security
-3 -1 7 1
Loss on sale of debt securities
-0* 0 -
Gain on settlement of fair value hedge
0 0 0 0
Total noninterest income
431 455 551 456
Interest income
9,762 9,490 9,307 8,899
Investment securities - taxable
845 977 1,071 1,070
Investment securities - tax exempt
141 157 157 153
Federal funds sold and other interest earning assets
402 592 424 171
Federal reserve bank advances
-0 0 0
Total interest income
11,150 11,217 10,959 10,293
Deposits
3,505 3,796 4,344 4,071
Securities sold under repurchase agreements
16 17 13 12
Federal home loan bank advances
599 596 129 110
Long-term debt
258 257 120 109
Total interest expense
4,378 4,666 4,606 4,302
Net interest income
6,772 6,551 6,353 5,991
Provision for credit losses
0 103 327 238
Net interest income after provision for credit losses
6,772 6,448 6,026 5,753
Salaries
2,077 2,142 2,178 2,191
Employee benefits
694 514 573 531
Occupancy
345 280 281 280
Furniture and equipment
465 426 370 480
Professional services
143 173 174 218
Automated teller machine and debit card expenses
169 253 71 168
Federal deposit insurance corporation premiums
101 112 150 117
Postage, delivery, and armored carrier
66 66 62 64
Advertising
57 56 63 74
Other real estate owned expense, net
44 118 -13 67
Other
581 518 500 540
Total noninterest expense
4,742 4,658 4,409 4,730
Income before income taxes
2,461 2,245 2,168 1,479
Income taxes
636 549 462 280
Net income
1,825 1,696 1,706 1,199
Basic EPS
0.56 0.529 0.53 0.38
Diluted EPS
0.56 0.529 0.53 0.38
Basic Average Shares
3,235,247 3,208,454 3,195,097 3,175,347
Diluted Average Shares
3,235,247 3,208,455 3,195,097 3,175,511
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Interest income$9,762K (16.69%↑ Y/Y)Investment securities -taxable$845K (-19.60%↓ Y/Y)Federal funds sold andother interest...$402K (28.03%↑ Y/Y)Investment securities - taxexempt$141K (-9.62%↓ Y/Y)Total interest income$11,150K (12.79%↑ Y/Y)Net interest income$6,772K (23.24%↑ Y/Y)Other fees andcommissions-Deposit Account$157K (-4.85%↓ Y/Y)Other fees andcommissions-Financial Service Other$119K Bank owned lifeinsurance income$100K (-4.76%↓ Y/Y)Mortgage banking income$58K (100.00%↑ Y/Y)Total interestexpense$4,378K (-0.30%↓ Y/Y)Net interest incomeafter provision for...$6,772K (23.92%↑ Y/Y)Total noninterestincome$431K (-16.15%↓ Y/Y)Fair valueadjustment of equity...-$3K (-133.33%↓ Y/Y)Deposits$3,505K (-17.51%↓ Y/Y)Federal home loan bankadvances$599K (4891.67%↑ Y/Y)Long-term debt$258K (128.32%↑ Y/Y)Securities sold underrepurchase agreements$16K (-5.88%↓ Y/Y)Income before incometaxes$2,461K (66.17%↑ Y/Y)Total noninterestexpense$4,742K (5.42%↑ Y/Y)Net income$1,825K (56.65%↑ Y/Y)Income taxes$636K (101.27%↑ Y/Y)Salaries$2,077K (-5.89%↓ Y/Y)Employee benefits$694K (81.68%↑ Y/Y)Other$581K (2.47%↑ Y/Y)Furniture and equipment$465K (38.81%↑ Y/Y)Occupancy$345K (5.18%↑ Y/Y)Automated teller machineand debit card...$169K (0.60%↑ Y/Y)Professional services$143K (-17.34%↓ Y/Y)Federal depositinsurance corporation...$101K (-49.25%↓ Y/Y)Postage, delivery, andarmored carrier$66K (-15.38%↓ Y/Y)Advertising$57K (1.79%↑ Y/Y)Other real estateowned expense, net$44K (780.00%↑ Y/Y)

Farmers & Merchants Bancshares, Inc. (FMFG)

Farmers & Merchants Bancshares, Inc. (FMFG)