FMAO · XBRL financial data

Farmers & Merchants Bancorp financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (FMAO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Selling, general and administrative	6	8	10	11	5	6
Interest expense	10	7	14	58	—	—
Income tax expense (benefit)	5	6	8	6	7	9
Net income (loss)	20	23	33	23	26	33
Earnings per share, basic USD per share	1.80	2.01	2.46	1.67	1.90	2.43
Earnings per share, diluted USD per share	1.80	2.01	2.46	1.67	1.90	2.43
Weighted average shares, basic millions of shares	11	12	13	13	13	14

Fiscal years (FMAO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Property and equipment, net	27	27	28	36	34	32
Right-of-use asset	—	—	1	6	6	6
Goodwill	47	80	86	86	86	86
Total assets	1,910	2,638	3,015	3,283	3,365	3,434
Total deposits	1,596	2,193	2,469	2,607	2,687	2,731
Total liabilities	1,660	2,341	2,717	2,967	3,030	3,064
Retained earnings	174	189	212	221	236	258
Total stockholders' equity	249	297	298	317	335	371
Total liabilities and equity	1,910	2,638	3,015	3,283	3,365	3,434
Common shares outstanding (cover page) millions of shares	11	13	14	14	14	14

Fiscal years (FMAO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	20	23	33	23	26	33
Stock-based compensation	1	1	1	1	1	1
Net cash from operating activities	27	35	41	22	32	37
Purchases of property and equipment	3	2	3	11	2	2
Net cash from investing activities	(178)	(266)	(390)	(194)	(44)	(139)
Share repurchases	0	0	0	0	1	0
Dividends paid	7	8	10	11	12	12
Net cash from financing activities	275	236	253	230	46	23
Net change in cash	124	5	(96)	58	34	(79)

SIC 6035 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6035 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Farmers & Merchants Bancorp	205	not reported	15*	13.8M	Q3 FY26 10-QSep 30, 2026
Ponce Financial Group	140	not reported	8*	24.2M	Q2 FY26 10-QJun 30, 2026
NorthEast Community Bancorp	73	not reported	13*	13.8M	Q2 FY26 10-QJun 30, 2026
Home Bancorp	188	not reported	11*	7.9M	Q2 FY26 10-QJun 30, 2026
FS Bancorp	30	not reported	52*	7.4M	Q2 FY26 10-QJun 30, 2026
Third Coast Bancshares	360	not reported	8.9*	16.7M	Q3 FY26 10-QSep 30, 2026
Waterstone Financial	33	not reported	9.5*	18.0M	Q2 FY26 10-QJun 30, 2026
Timberland Bancorp	246	not reported	8.4*	7.8M	Q3 FY26 10-QJun 30, 2026
Northfield Bancorp	240	1.7	20	41.8M	Q1 FY26 10-QMar 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.