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Farmers & Merch Banc (FMAO)

Farmers & Merch Banc (FMAO)
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Farmers & Merchants Bancorp, Inc. is the holding company for The Farmers & Merchants State Bank which operates as a locally owned and operated community bank serving Northwest Ohio and Northeast Indiana. The bank provides commercial banking, retail banking and other financial services through its 19 offices with locations in Fulton, Defiance, Henry, Williams, and Wood counties in Northwest Ohio. In Northeast Indiana they have offices located in DeKalb and Steuben counties. Farmers & Merchants Bancorp, Inc. is based in Archbold, Ohio.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 179,190 155,850 116,690 94,450 86,960
Sales Growth +14.98% +33.56% +23.55% +8.61% +8.52%
Net Income 25,940 22,790 32,520 23,500 20,100
Net Income Growth +13.82% -29.92% +38.38% +16.92% +9.24%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 3,364,720 3,283,230 3,015,350 2,638,300 1,909,540
Total Assets Growth +2.48% +8.88% +14.29% +38.16% +18.80%
Total Liabilities 3,029,510 2,966,690 2,717,210 2,341,130 1,660,380
Total Liabilities Growth +2.12% +9.18% +16.06% +41.00% +20.57%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 32,470 22,150 40,670 34,740 27,380
Operating Cash Flow Growth +46.59% -45.54% +17.07% +26.88% +14.42%
Net Cash Flow 34,150 57,790 -96,410 5,120 124,410
Change in Net Cash Flow -40.91% +159.94% -1,983.01% -95.88% +862.18%
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