Farmers & Merchants Bancshares, Inc. (FMFG) Form 8-K — Oct 22, 2026
Farmers and Merchants Bancshares reported nine-month 2026 net income of $5.7 million, or $1.76 per share, up 41.2% from $4.1 million ($1.28) in the same period of 2025. Q3 net income was $2.0 million ($0.62/share) versus $1.7 million ($0.53) a year earlier. The improvement was driven by net interest income rising $2.9 million on a wider net yield of 3.32% (vs. 2.98%), plus no provision for credit losses versus a $595 thousand provision last year.
Key figures
- Eps
- 1.76
- Revenue
- 33736000
- Net Income
- 5746000
- Total Debt
- 74400000
- Total Assets
- 865401000
- Cash Position
- 32748000
- Q3 eps
- 0.62
- Net loans
- 654965000
- Q3 net income
- 2025000
- Total deposits
- 715998000
- Roa nine months
- 0.88%
- Roe nine months
- 11.58%
- Tangible equity
- 60600000
- Afsunrealized loss
- 15000000
- Shares outstanding
- 3263958
- Book value per share
- 20.7
- Nonperforming assets
- 3224000
- Tier1 leverage ratio
- 10.05%
- Net yield nine months
- 3.32%
- Net income yoy nine months
- 41.2%
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