Stocktoria
Farmers & Merchants Bancshares, Inc. FMFG
OTC · OOTC · stock · Savings Institutions, Not Federally Chartered · website · IPO 2001-06-21
Farmers & Merchants Bancshares, Inc. financials (annual, from 10-K)
Bars are annual figures from 2017 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense | — | — | $9.9M | $2.1M | $2.8M | $3.5M | — | $3.7M | $2.5M | $1.7M |
| Income tax | $1.6M | $1.2M | $2.0M | $2.5M | $2.4M | $487,211 | — | $1.0M | $1.1M | $2.0M |
| Net income | $5.8M | $4.3M | $6.4M | $8.1M | $8.1M | $2.7M | $1.2M | $4.6M | $4.7M | $3.8M |
| EPS (diluted) | $1.81 | $1.37 | $2.08 | $2.66 | — | — | — | — | — | — |
| Operating cash flow | $6.0M | $2.3M | $5.9M | $7.2M | $11.7M | $4.5M | — | $5.7M | $5.4M | $7.9M |
| Cash & equivalents | — | — | — | — | — | — | — | — | — | $7.2M |
| Total assets | $872.0M | $844.6M | $799.9M | $718.2M | $716.7M | $677.3M | $504.5M | $442.2M | $417.2M | $402.9M |
| Total liabilities | $807.3M | $788.4M | $747.8M | $670.4M | $660.1M | $625.6M | $452.9M | $392.8M | $371.8M | $361.1M |
| Shareholders' equity | $64.7M | $56.3M | $52.2M | $47.8M | $56.6M | $51.7M | $51.6M | $49.5M | $45.4M | $41.8M |
Growth · year-over-year
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income growth | +34.8% | -33.3% | -20.7% | -0.7% | +203.9% | +127.7% | -74.2% | -3.2% | +24.4% | -3.1% |
| EPS growth | +32.1% | -34.1% | -21.8% | — | — | — | — | — | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: SEC EDGAR filings · CIK 0001698022 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.