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Interest income$9,647K (8.41%↑ Y/Y)Investment securities -taxable$798K (-25.42%↓ Y/Y)Federal funds sold andother interest...$417K (143.86%↑ Y/Y)Investment securities - taxexempt$157K (2.61%↑ Y/Y)Total interest income$11,019K (7.05%↑ Y/Y)Net interest income$6,775K (13.09%↑ Y/Y)Other fees andcommissions-Financial Service Other$177K (42.74%↑ Y/Y)Other fees andcommissions-Deposit Account$174K (-2.25%↓ Y/Y)Bank owned lifeinsurance income$102K (-3.77%↓ Y/Y)Mortgage banking income$72K (53.19%↑ Y/Y)Total interestexpense$4,244K (-1.35%↓ Y/Y)Net interest incomeafter provision for...$6,775K (17.76%↑ Y/Y)Total noninterestincome$523K (14.69%↑ Y/Y)Fair valueadjustment of equity...-$2K (-300.00%↓ Y/Y)Deposits$3,417K (-16.06%↓ Y/Y)Federal home loan bankadvances$559K (408.18%↑ Y/Y)Long-term debt$258K (136.70%↑ Y/Y)Securities sold underrepurchase agreements$10K (-16.67%↓ Y/Y)Income before incometaxes$2,506K (69.44%↑ Y/Y)Total noninterestexpense$4,792K (1.31%↑ Y/Y)Net income$1,896K (58.13%↑ Y/Y)Income taxes$610K (117.86%↑ Y/Y)Salaries$2,348K (7.17%↑ Y/Y)Employee benefits$583K (9.79%↑ Y/Y)Other$573K (6.11%↑ Y/Y)Furniture and equipment$420K (-12.50%↓ Y/Y)Occupancy$319K (13.93%↑ Y/Y)Professional services$201K (-7.80%↓ Y/Y)Automated teller machineand debit card...$147K (-12.50%↓ Y/Y)Federal depositinsurance corporation...$81K (-30.77%↓ Y/Y)Postage, delivery, andarmored carrier$65K (1.56%↑ Y/Y)Advertising$49K (-33.78%↓ Y/Y)Other real estateowned expense, net$6K (-91.04%↓ Y/Y)
Income Statement

Farmers & Merchants Bancshares, Inc. (FMFG)

Farmers & Merchants Bancshares, Inc. (FMFG)

source: myfinsight.com