FARMERS & MERCHANTS BANCORP INC (FMAO) Form 10-Q — Oct 27, 2026
Farmers & Merchants Bancorp (FMAO) reported Q3 2026 net income of $11.5 million, or $0.84 per diluted share, up roughly 30% from $8.9 million ($0.64) a year earlier. Nine-month net income rose about 40% to $32.9 million, driven by net interest income growth to $86.3 million and lower provisions for credit losses. Total deposits grew to $2.96 billion and total assets reached $3.6 billion at quarter-end.
Key figures
- Eps
- 0.84
- Revenue
- Total interest income of $46.992 million in Q3 2026; $135.937 million for nine months 2026
- Net Income
- Q3 2026 net income $11.538 million; nine months $32.913 million
- Total Debt
- FHLB advances $167.903M, repurchase agreements $15.168M, subordinated notes $35.0M
- Revenue Yoy
- Q3 total interest income up from $44.484M; nine-month up from $128.978M
- Total Assets
- 3599055000
- Cash Position
- Total cash and cash equivalents $205.811 million at 9/30/2026
- Shares Outstanding
- 13760896
- Loans net
- 2709358000
- Total deposits
- 2962492000
- Dividends declared q3
- $0.25 per share
- Q3 net income yoy pct
- approximately 30%
- Net interest income q3 2025
- 26901000
- Net interest income q3 2026
- 29940000
- Treasury stock purchases q3
- $1.622 million
- Nine month net income yoy pct
- approximately 40%
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