Farmers & Merchants Bancorp, Inc. (FMAO) quarterly income statement — complete revenue, gross profit & net income history
| Net Interest Income | 27.44M | 27.77M | 26.59M | 25.4M | 23.57M | 22.46M | 21.25M | 21.05M | 19.79M | 19.57M | 19.42M | 19.97M |
| NII Growth % | 16.43% | 23.63% | 25.11% | 20.68% | 19.14% | 14.78% | 9.47% | 5.4% | -8.23% | -12.75% | -13.67% | -8.42% |
| Net Interest Margin % | 0.79% | 0.81% | 0.78% | 0.76% | 0.7% | 0.67% | 0.63% | 0.63% | 0.6% | 0.6% | 0.6% | 0.63% |
| Interest Income | 43.3M | 44.57M | 44.17M | 43.18M | 40.66M | 41.48M | 41.57M | 40.84M | 38.32M | 37.91M | 36.11M | 33.23M |
| Interest Expense | 15.85M | 16.8M | 17.58M | 17.78M | 17.09M | 19.02M | 20.31M | 19.79M | 18.54M | 18.34M | 16.7M | 13.26M |
| Loan Loss Provision | 308K | 566K | 285K | 688K | 551K | 226K | 15K | 587K | -555K | 467K | 384K | 14K |
| Non-Interest Income | 4.48M | 4.04M | 3.64M | 3.92M | 3.78M | 3.8M | 3.58M | 3.79M | 3.58M | 3.54M | 2.98M | 4.19M |
| Non-Interest Income % | 9.37% | 8.32% | 7.61% | 8.32% | 8.51% | 8.4% | 7.93% | 8.5% | 8.54% | 8.54% | 7.62% | 11.19% |
| Total Revenue | 47.77M | 48.61M | 47.81M | 47.1M | 44.45M | 45.29M | 45.15M | 44.63M | 41.9M | 41.45M | 39.09M | 37.42M |
| Revenue Growth % | 7.49% | 7.34% | 5.91% | 5.53% | 6.08% | 9.27% | 15.48% | 19.28% | 18.5% | 25.36% | 34.81% | 38.82% |
| Non-Interest Expense | 19.28M | 18.42M | 18.71M | 18.93M | 18.04M | 15.51M | 16.71M | 17.09M | 17.14M | 15.77M | 16.11M | 16.61M |
| Efficiency Ratio | 40.35% | 37.89% | 39.13% | 40.2% | 40.59% | 34.25% | 37.01% | 38.3% | 40.91% | 38.05% | 41.22% | 44.4% |
| Operating Income | 12.34M | 12.83M | 11.23M | 9.7M | 8.76M | 10.53M | 8.11M | 7.16M | 6.78M | 6.88M | 5.9M | 7.53M |
| Operating Margin % | 25.82% | 26.4% | 23.5% | 20.59% | 19.71% | 23.25% | 17.96% | 16.04% | 16.18% | 16.59% | 15.09% | 20.13% |
| Operating Income Growth % | 40.81% | 21.91% | 38.54% | 35.47% | 29.24% | 53.12% | 37.49% | -4.95% | -15.79% | -22.7% | -47.37% | -27.02% |
| Pretax Income | 12.34M | 12.83M | 11.23M | 9.7M | 8.76M | 10.53M | 8.11M | 7.16M | 6.78M | 6.88M | 5.9M | 7.53M |
| Pretax Margin % | 25.82% | 26.4% | 23.5% | 20.59% | 19.71% | 23.25% | 17.96% | 16.04% | 16.18% | 16.59% | 15.09% | 20.13% |
| Income Tax | 2.76M | 3.04M | 2.38M | 1.99M | 1.81M | 2.15M | 1.59M | 1.48M | 1.42M | 1.33M | 1.12M | 1.53M |
| Effective Tax Rate % | 22.35% | 23.69% | 21.19% | 20.5% | 20.64% | 20.39% | 19.64% | 20.63% | 20.94% | 19.37% | 19.01% | 20.33% |
| Net Income | 9.58M | 9.79M | 8.85M | 7.71M | 6.95M | 8.38M | 6.52M | 5.68M | 5.36M | 5.54M | 4.78M | 6M |
| Net Margin % | 20.05% | 20.15% | 18.52% | 16.37% | 15.64% | 18.51% | 14.43% | 12.73% | 12.79% | 13.37% | 12.22% | 16.04% |
| Net Income Growth % | 37.77% | 16.85% | 35.88% | 35.69% | 29.73% | 51.2% | 36.4% | -5.32% | -17.12% | -22.89% | -46.65% | -27.45% |
| Net Income (Continuing) | 9.58M | 9.79M | 8.85M | 7.71M | 6.95M | 8.38M | 6.52M | 5.68M | 5.36M | 5.54M | 4.78M | 6M |
| EPS (Diluted) | 0.70 | 0.71 | 0.64 | 0.56 | 0.51 | 0.61 | 0.48 | 0.42 | 0.39 | 0.41 | 0.35 | 0.44 |
| EPS Growth % | 37.25% | 16.39% | 33.33% | 33.33% | 30.77% | 48.78% | 37.14% | -4.55% | -18.75% | -22.64% | -48.53% | -30.16% |
| EPS (Basic) | 0.70 | 0.71 | 0.64 | 0.56 | 0.51 | 0.61 | 0.48 | 0.42 | 0.39 | 0.41 | 0.35 | 0.44 |
| Diluted Shares Outstanding | 13.79M | 13.79M | 13.54M | 13.54M | 13.54M | 13.7M | 13.53M | 13.68M | 13.67M | 13.67M | 13.65M | 13.63M |