Farmers & merchants bancorp inc (FMAO)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest Income
Loans, including fees

15,883

15,608

15,202

16,723

14,680

10,955

10,725

10,521

10,102

9,828

9,547

9,120

8,700

8,706

8,629

8,362

8,006

7,695

7,341

7,163

7,094

7,309

7,108

6,977

6,676

6,567

6,244

6,089

6,078

6,324

6,564

6,804

6,797

7,587

7,142

7,088

8,023

8,310

8,086

Debt securities:
U.S. Treasury securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

64

61

-

93

92

81

-

86

107

100

-

-

U.S. Treasury and government agencies

1,146

840

972

816

713

630

613

612

623

610

605

623

642

639

559

595

580

615

603

620

596

689

811

759

912

1,172

971

1,016

992

1,335

1,012

1,055

1,025

1,425

1,052

1,046

934

88

76

Municipalities

262

225

190

211

211

250

275

289

281

288

290

300

315

344

344

380

369

378

456

458

447

478

512

522

525

518

513

541

508

529

555

518

510

519

520

536

532

-

-

Dividends

45

60

69

76

88

56

56

53

55

-

49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold

6

-

120

-

37

-

-8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

122

-

459

-

133

-

92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities of U.S. Government agencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,019

1,087

Obligations of states and political subdivisions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

536

532

Dividends

-

-

-

-

-

-

-

-

-

-

-

44

42

-

36

37

38

37

37

37

37

37

36

40

43

44

47

45

49

58

46

46

49

45

43

48

49

48

48

Federal funds sold and other

-

-

-

457

-

-

-

62

75

-

44

37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

2

-

1

2

3

2

-

3

1

-

0

0

4

7

7

2

4

7

7

3

3

6

11

4

Other

-

-

-

-

-

-

-

-

-

-

-

-

22

-

15

11

11

7

5

8

8

4

1

4

3

5

5

6

7

7

6

6

7

16

9

16

11

13

36

Total interest income

17,464

17,149

17,012

18,283

15,862

12,003

11,753

11,537

11,136

10,868

10,535

10,124

9,721

9,746

9,590

9,387

9,004

8,733

8,444

8,289

8,184

8,520

8,471

8,303

8,159

8,117

7,844

7,765

7,702

7,994

8,278

8,525

8,476

9,306

8,855

8,844

9,655

10,025

9,869

Interest Expense
Deposits

2,901

3,336

3,654

3,339

2,613

1,670

1,611

1,389

1,319

1,194

1,161

1,098

1,030

931

947

885

854

823

841

808

797

843

832

905

878

964

1,023

1,079

1,127

1,320

1,345

1,470

1,439

1,639

1,686

1,772

1,883

2,241

2,321

Federal funds purchased and securities sold under agreements to repurchase

244

207

201

141

185

127

134

118

124

131

135

118

113

112

115

126

105

99

94

63

61

64

63

65

62

64

62

62

60

58

63

60

61

66

76

76

75

70

66

Borrowed funds

266

-

257

-

287

-

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowed funds

-

-

-

269

-

-

-

20

20

-

37

37

36

38

37

36

37

-

-

-

-

0

0

0

4

30

44

43

46

63

124

123

124

130

229

261

263

366

422

Total interest expense

3,411

3,813

4,112

3,749

3,085

1,817

1,765

1,527

1,463

1,362

1,333

1,253

1,179

1,081

1,099

1,047

996

923

935

871

858

907

895

970

944

1,058

1,129

1,184

1,233

1,441

1,532

1,653

1,624

1,835

1,991

2,109

2,221

2,677

2,809

Net Interest Income - Before Provision for Loan Losses

14,053

13,336

12,900

14,534

12,777

10,186

9,988

10,010

9,673

9,506

9,202

8,871

8,542

8,665

8,491

8,340

8,008

7,810

7,509

7,418

7,326

7,613

7,576

7,333

7,215

7,059

6,715

6,581

6,469

6,553

6,746

6,872

6,852

7,471

6,864

6,735

7,434

7,348

7,060

Provision for Loan Losses

1,430

728

247

133

30

105

47

132

40

25

99

25

73

197

308

339

277

85

243

183

114

37

282

444

428

276

303

112

167

296

236

78

128

193

93

657

772

1,200

1,985

Net Interest Income After Provision For Loan Losses

12,623

12,608

12,653

14,401

12,747

10,081

9,941

9,878

9,633

9,481

9,103

8,846

8,469

8,468

8,183

8,001

7,731

7,725

7,266

7,235

7,212

7,576

7,294

6,889

6,787

6,783

6,412

6,469

6,302

6,257

6,510

6,794

6,724

7,278

6,771

6,078

6,662

6,148

5,075

Noninterest Income
Customer service fees

-

-

-

-

-

-

-

-

-

-

-

-

1,481

-

1,711

1,308

1,478

1,676

1,388

1,424

1,359

1,383

1,317

1,278

1,246

1,325

1,252

1,256

1,361

1,396

1,239

1,245

1,324

906

610

914

883

936

743

Other service charges and fees

-

-

-

-

-

-

-

-

-

-

-

-

871

-

941

999

910

827

1,084

965

914

1,052

1,047

928

792

922

995

967

862

938

943

860

758

864

908

837

776

789

837

Net gain on sale of loans

227

119

260

196

102

140

184

301

132

211

181

218

201

269

216

234

169

169

183

173

175

150

205

203

89

145

176

322

480

656

602

622

161

558

111

63

75

225

109

Net gain (loss) on sale of available-for-sale securities

270

0

0

0

-26

-

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

16

31

-

47

343

113

33

172

137

109

0

192

180

122

43

134

377

221

-

-

-

-

-

-

-

-

-

-

Net gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

653

30

0

169

0

132

33

339

438

260

Total noninterest income

3,122

2,983

3,161

2,981

2,695

2,765

2,683

2,806

2,610

2,743

2,635

2,773

2,584

2,899

2,915

2,884

2,670

2,705

2,827

2,699

2,557

2,585

2,761

2,589

2,249

2,561

2,557

2,812

2,908

4,129

2,605

2,517

2,345

2,168

1,566

1,681

1,425

2,382

1,933

Noninterest Expense
Salaries and wages

4,223

4,029

4,158

3,830

4,312

3,834

3,391

3,225

3,310

3,239

3,236

3,137

3,001

2,959

2,981

2,840

2,840

2,824

2,714

2,714

2,655

2,658

2,638

2,456

2,434

2,396

2,460

2,260

2,437

2,257

2,303

2,193

2,286

2,427

2,377

2,155

2,253

2,184

2,018

Employee benefits

1,677

1,410

1,331

1,223

1,594

1,102

1,029

848

1,136

987

943

783

922

897

849

715

862

1,000

804

687

1,064

832

927

720

845

946

819

610

844

1,003

713

744

828

838

636

546

815

640

658

Net occupancy expense

564

406

630

614

667

451

478

441

387

268

434

374

413

376

359

346

378

340

289

368

355

266

267

271

303

342

291

288

330

360

268

386

405

373

358

457

313

232

211

Furniture and equipment

758

596

720

763

696

450

588

565

507

402

493

491

472

431

438

443

412

305

475

427

422

309

439

399

394

292

350

358

349

328

371

349

352

320

315

352

392

434

433

Data processing

442

396

482

376

1,299

318

364

305

331

294

300

308

311

277

360

361

411

333

318

320

329

307

305

324

314

301

301

300

310

276

292

286

265

260

258

230

230

233

255

Franchise taxes

368

246

248

229

258

244

243

228

239

226

226

225

225

220

219

225

214

186

186

187

187

196

195

195

195

188

255

255

255

236

237

236

237

225

225

224

218

208

208

ATM expense

414

434

416

418

447

368

327

333

312

320

256

292

305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advertising

303

340

587

382

260

218

236

247

186

209

181

192

175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss on sale of other assets owned

-1

-16

-22

-28

-15

-27

-1

1

-17

-

-13

-14

-

-42

6

0

-45

-4

-32

-5

-6

-4

-95

-19

-39

3

-21

-110

-16

-148

-209

-210

-67

-160

-195

-166

-648

-6

-16

FDIC assessment

72

-11

0

98

96

77

81

81

87

83

82

82

83

39

126

121

121

121

126

119

119

115

126

130

132

129

146

141

119

122

126

89

130

161

161

120

320

256

270

Mortgage servicing rights amortization

132

158

149

105

75

100

84

95

85

87

85

97

84

108

123

99

89

98

93

103

80

86

92

84

82

81

88

120

137

219

177

178

194

184

133

90

91

214

93

Consulting fees

139

264

196

95

113

461

179

178

110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other general and administrative

1,602

1,482

1,667

1,551

1,679

1,167

1,125

1,093

933

713

1,108

1,103

1,080

-756

1,473

1,507

1,614

1,398

1,475

1,451

1,348

1,615

1,495

1,444

1,466

1,394

1,382

1,438

1,345

1,419

1,240

1,292

1,158

671

1,074

1,392

1,028

1,111

1,122

Total noninterest expense

10,695

9,766

10,606

9,712

11,511

8,817

8,126

7,638

7,640

7,205

7,357

7,098

7,071

6,866

6,922

6,657

6,986

6,609

6,512

6,381

6,565

6,388

6,579

6,042

6,204

6,192

6,113

5,770

6,126

6,854

5,727

5,753

5,855

5,459

5,537

5,566

5,660

5,512

5,268

Income Before Income Taxes

5,050

5,825

5,208

7,670

3,931

4,029

4,498

5,046

4,603

5,019

4,381

4,521

3,982

4,501

4,176

4,228

3,415

3,821

3,581

3,553

3,204

-

3,476

3,436

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Before Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,832

-

2,856

3,511

3,084

3,532

3,388

3,558

3,214

3,987

2,800

2,193

2,427

3,018

1,740

Income Taxes

945

1,102

933

1,490

707

836

623

932

836

1,583

1,159

1,298

1,143

1,307

1,161

1,254

934

1,049

961

956

853

1,113

1,002

882

874

864

791

1,009

932

1,007

947

1,020

930

1,102

719

626

446

821

399

Net Income

4,105

4,723

4,275

6,180

3,224

3,193

3,875

4,114

3,767

3,436

3,222

3,223

2,839

3,194

3,015

2,974

2,481

2,772

2,620

2,597

2,351

2,660

2,474

2,554

1,958

2,288

2,065

2,502

2,152

2,525

2,441

2,538

2,284

2,885

2,081

1,567

1,981

2,197

1,341

Net unrealized gain (loss) on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

649

1,945

-1,016

1,210

-1,824

1,730

712

-117

1,464

-901

-2,623

-159

-4,916

-750

-6,936

589

1,159

5,605

-565

3,794

2,029

585

-

-

Reclassification adjustment for gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

343

113

33

172

137

109

0

192

180

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net unrealized gain (loss) on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

306

1,832

-1,049

1,038

-1,961

1,621

712

-309

1,284

-1,023

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

104

623

-356

353

-667

551

-454

-105

437

348

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

202

1,209

-693

685

-1,294

1,070

470

-204

847

-675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gains on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,078

534

Comprehensive Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,022

3,176

3,690

2,079

3,305

1,303

3,421

3,130

2,270

3,401

1,283

2,026

1,906

-2,414

1,402

-5,116

3,030

3,697

7,889

2,320

5,875

3,596

2,566

3,275

1,875

Basic and Diluted Earnings Per Share

0.37

0.43

0.38

0.56

0.29

0.34

0.42

0.44

0.41

0.37

0.35

0.35

0.31

-0.25

0.33

0.65

0.54

-0.52

0.57

0.56

0.51

0.57

0.54

0.55

0.42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic Earnings Per Share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

0.53

0.46

-

0.52

0.54

0.48

-

0.44

0.33

0.42

0.47

0.28

Weighted Average Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,621

4,626

4,637

-

4,682

4,679

4,683

-

-

-

-

-

-

-

-

-

-

Weighted Average Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,685

4,695

4,714

-

4,687

4,686

4,693

4,710

4,730

Dividends Declared

0.16

0.16

0.15

0.15

0.15

0.15

0.14

0.14

0.13

0.13

0.13

0.12

0.12

-0.11

0.12

0.23

0.22

-

0.22

0.22

0.21

-

0.21

0.21

0.21

-

0.20

0.20

0.20

-

0.20

0.19

0.19

-

0.19

0.19

0.19

0.18

0.18

Customer Service Fees [Member]
Noninterest income

1,586

1,732

1,722

1,694

1,578

1,612

1,392

1,465

1,466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Service Charges and Fees [Member]
Noninterest income

1,039

1,132

1,179

1,091

1,041

1,032

1,097

1,040

1,012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-