
Farmers & Merchants Bancorp Inc
NASDAQ:FMAO

Income Statement
Income Statement
Farmers & Merchants Bancorp Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Net Interest Income |
30
|
30
|
30
|
30
|
30
|
31
|
32
|
33
|
34
|
34
|
35
|
35
|
36
|
37
|
38
|
39
|
40
|
43
|
47
|
50
|
54
|
55
|
55
|
57
|
60
|
61
|
62
|
66
|
70
|
74
|
80
|
84
|
87
|
89
|
87
|
84
|
81
|
80
|
81
|
83
|
86
|
|
Interest Income |
33
|
33
|
33
|
33
|
34
|
34
|
36
|
37
|
38
|
38
|
39
|
40
|
41
|
43
|
44
|
45
|
46
|
51
|
58
|
63
|
68
|
70
|
69
|
69
|
70
|
69
|
70
|
73
|
77
|
82
|
88
|
94
|
101
|
111
|
121
|
131
|
140
|
147
|
154
|
160
|
164
|
|
Interest Expense |
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
5
|
5
|
5
|
5
|
6
|
6
|
7
|
8
|
10
|
13
|
15
|
15
|
14
|
12
|
10
|
9
|
8
|
7
|
7
|
8
|
8
|
10
|
14
|
22
|
34
|
47
|
58
|
67
|
73
|
77
|
78
|
|
Non Interest Income |
10
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
12
|
12
|
12
|
13
|
14
|
17
|
19
|
19
|
19
|
18
|
17
|
16
|
16
|
16
|
15
|
16
|
16
|
16
|
16
|
15
|
16
|
16
|
|
Revenue |
40
N/A
|
40
+1%
|
41
+0%
|
41
N/A
|
41
+1%
|
42
+2%
|
43
+3%
|
44
+3%
|
45
+2%
|
45
+1%
|
46
+1%
|
46
+1%
|
47
+1%
|
48
+3%
|
49
+2%
|
50
+2%
|
51
+2%
|
54
+6%
|
59
+9%
|
62
+6%
|
65
+5%
|
67
+3%
|
67
+1%
|
71
+5%
|
77
+8%
|
79
+4%
|
82
+3%
|
84
+3%
|
87
+3%
|
91
+5%
|
96
+6%
|
100
+4%
|
102
+2%
|
104
+2%
|
103
-1%
|
100
-3%
|
97
-3%
|
96
-2%
|
96
+1%
|
99
+2%
|
102
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Loan Loss Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(1)
|
0
|
(3)
|
(2)
|
(3)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(3)
|
(2)
|
(2)
|
(0)
|
(1)
|
(1)
|
(0)
|
|
Non Interest Expense |
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(32)
|
(36)
|
(38)
|
(41)
|
(42)
|
(42)
|
(44)
|
(46)
|
(50)
|
(50)
|
(51)
|
(54)
|
(54)
|
(55)
|
(55)
|
(55)
|
(57)
|
(61)
|
(64)
|
(68)
|
(67)
|
(68)
|
(69)
|
(69)
|
(69)
|
|
Pre-Tax Income |
14
N/A
|
14
+3%
|
14
+1%
|
14
+1%
|
14
+1%
|
14
+1%
|
15
+5%
|
16
+4%
|
16
+4%
|
17
+4%
|
17
+2%
|
17
+1%
|
18
+3%
|
19
+3%
|
19
+3%
|
19
+1%
|
18
-5%
|
18
-4%
|
20
+15%
|
21
+4%
|
23
+9%
|
24
+5%
|
22
-7%
|
23
+2%
|
25
+11%
|
26
+5%
|
27
+1%
|
29
+7%
|
30
+3%
|
34
+14%
|
38
+12%
|
41
+10%
|
41
-2%
|
38
-5%
|
36
-7%
|
30
-15%
|
28
-7%
|
27
-4%
|
27
-1%
|
29
+8%
|
33
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(6)
|
(7)
|
|
Income from Continuing Operations |
10
|
10
|
10
|
10
|
10
|
10
|
11
|
11
|
12
|
12
|
12
|
12
|
13
|
14
|
15
|
15
|
15
|
14
|
16
|
17
|
18
|
19
|
18
|
18
|
20
|
21
|
21
|
23
|
24
|
27
|
30
|
33
|
33
|
31
|
29
|
24
|
23
|
22
|
21
|
23
|
26
|
|
Net Income (Common) |
10
N/A
|
10
+4%
|
10
+0%
|
10
+1%
|
10
+2%
|
10
+1%
|
11
+4%
|
11
+4%
|
12
+4%
|
12
+3%
|
12
+2%
|
12
+2%
|
13
+2%
|
14
+7%
|
14
+7%
|
15
+5%
|
15
-2%
|
14
-4%
|
16
+15%
|
17
+2%
|
18
+9%
|
19
+5%
|
18
-7%
|
18
+1%
|
20
+11%
|
21
+4%
|
21
+1%
|
22
+7%
|
23
+4%
|
26
+14%
|
30
+12%
|
33
+10%
|
32
-2%
|
31
-5%
|
28
-7%
|
24
-15%
|
23
-7%
|
21
-5%
|
21
-2%
|
23
+8%
|
25
+11%
|
|
EPS (Diluted) |
1.04
N/A
|
1.08
+4%
|
1.08
N/A
|
1.09
+1%
|
1.11
+2%
|
1.13
+2%
|
1.17
+4%
|
1.22
+4%
|
1.26
+3%
|
1.31
+4%
|
1.34
+2%
|
1.36
+1%
|
1.37
+1%
|
1.48
+8%
|
1.57
+6%
|
1.64
+4%
|
1.61
-2%
|
1.29
-20%
|
1.48
+15%
|
1.51
+2%
|
1.66
+10%
|
1.73
+4%
|
1.6
-8%
|
1.62
+1%
|
1.8
+11%
|
1.88
+4%
|
1.9
+1%
|
2.03
+7%
|
2.01
-1%
|
2.04
+1%
|
2.26
+11%
|
2.52
+12%
|
2.46
-2%
|
2.27
-8%
|
2.12
-7%
|
1.79
-16%
|
1.67
-7%
|
1.58
-5%
|
1.56
-1%
|
1.68
+8%
|
1.9
+13%
|