FARMERS & MERCHANTS BANCORP INC (FMAO) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — FMAO

Balance Sheet

(in billions USD)

Metric	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022	Q1 2022	Q3 2021	Q2 2021	Q1 2021
Net Loans & Leases	2.65	2.63	2.60	2.56	2.51	2.53	--	--	--	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	3.49	3.39	3.35	3.39	3.39	3.32	3.29	3.23	3.15	3.07	2.78	2.67	2.69	2.22	2.17	1.99
Total Deposits	2.81	2.75	2.71	2.70	2.68	2.64	2.62	2.58	2.47	2.51	2.28	2.22	2.25	1.87	1.85	1.68
Total Liabilities	3.11	3.03	2.99	3.04	3.05	3.00	2.97	2.93	2.84	2.76	2.50	2.39	2.40	1.96	1.92	1.75
Retained Earnings	0.26	0.25	0.24	0.24	0.23	0.23	0.22	0.22	0.22	0.21	0.21	0.20	0.20	0.18	0.18	0.18
Total Stockholder Equity	0.38	0.36	0.35	0.34	0.34	0.32	0.32	0.30	0.30	0.31	0.28	0.28	0.29	0.25	0.25	0.25

Income Statement

(in millions USD) (except per-share rows)

Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Interest & Dividend Income	43.30	44.57	44.48	43.49	41.00	41.85	41.90	41.17	38.65	38.27	36.36	33.38	31.80	29.49	25.85	23.91	21.90	22.42	20.12	17.53
Interest Expense	--	--	--	--	--	--	--	19.79	18.54	18.34	16.70	13.26	10.12	6.94	3.26	2.05	2.12	2.39	1.67	1.55
Net Interest Income	27.44	27.77	26.90	25.71	23.91	22.83	21.59	21.38	20.12	19.93	19.66	20.12	21.68	22.56	22.58	21.86	19.78	20.04	18.45	15.98
Provision for Credit Losses	0.30	0.57	0.56	0.66	0.81	0.35	0.28	0.61	(0.29)	0.28	0.46	0.14	0.82	0.76	1.64	1.63	0.58	0.44	0.66	0.64
Non-interest Income	5.00	4.68	4.36	3.94	4.16	4.05	3.96	3.67	3.95	3.93	3.66	4.27	4.18	4.14	3.73	3.32	4.34	4.52	4.07	4.03
Non-interest Expense	19.80	19.05	19.74	19.26	18.76	16.13	17.43	17.30	17.84	16.52	17.04	16.84	16.93	17.05	13.47	13.24	13.49	14.43	14.32	13.06
Pretax Income	12.34	12.83	11.23	9.70	8.76	10.53	8.11	7.16	6.78	6.88	5.90	7.53	8.05	8.89	11.21	10.32	10.05	9.68	7.54	6.30
Tax Provision	2.76	3.04	2.38	1.99	1.81	2.15	1.59	1.48	1.42	1.33	1.12	1.53	1.58	1.71	2.25	2.05	1.95	2.00	1.62	1.32
Net Income	9.58	9.79	8.85	7.71	6.95	8.38	6.52	5.68	5.36	5.54	4.78	6.00	6.47	7.19	8.95	8.27	8.10	7.68	5.92	4.98
Basic EPS	0.70	0.72	0.64	0.56	0.51	0.61	0.48	0.42	0.39	0.41	0.35	0.44	0.47	0.52	0.68	0.63	--	--	--	--
Diluted EPS	0.70	0.72	0.64	0.56	0.51	0.61	0.48	0.42	0.39	0.41	0.35	0.44	0.47	0.52	0.68	0.63	--	--	--	--

Cash Flow Statement

(in millions USD)

Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Operating Cash Flow	7.65	13.43	11.20	1.10	11.01	2.61	18.66	9.72	1.48	10.58	4.80	3.69	3.08	18.70	(0.47)	14.54	7.90	7.46	14.24	6.59
Capital Expenditures	0.66	0.19	0.48	0.72	0.39	0.73	0.36	0.57	0.22	1.93	3.28	3.29	2.43	0.89	0.72	0.54	0.45	0.55	0.44	0.66
Free Cash Flow*	6.99	13.24	10.73	0.39	10.62	1.88	18.31	9.15	1.26	8.65	1.52	0.40	0.64	17.81	(1.19)	14.00	7.45	6.92	13.80	5.93
Investing Cash Flow	23.71	(62.93)	(15.26)	(36.23)	(24.28)	(53.61)	(3.69)	(29.41)	42.35	(48.00)	(4.62)	(73.23)	(68.24)	(99.53)	(110.42)	(71.44)	(108.51)	(39.12)	(51.60)	(82.87)
Financing Cash Flow	44.40	30.19	32.86	(49.68)	9.96	(18.15)	37.47	24.97	1.75	26.44	81.81	76.41	45.08	94.57	110.12	(11.18)	59.32	54.40	44.31	51.91

* Derived from reported values

Dividends Per Share

(USD)

Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Dividends Per Share	0.23	0.23	0.23	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.21	0.21	0.21	0.21	0.21	0.20	0.19	0.19	0.18	0.17