Farmers and Merchants Bancshares, Inc.
FMFG · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $64,062 | $44,504 | $6,515 | $25,609 |
| Short-Term Investments | $119,543 | $156,480 | $126,314 | $149,238 |
| Receivables | $2,439 | $2,181 | $1,816 | $1,609 |
| Inventory | $0 | $0 | $0 | $0 |
| Other Curr. Assets | $0 | $0 | $0 | $0 |
| Total Curr. Assets | $186,044 | $203,165 | $134,645 | $176,456 |
| Property Plant & Equip (Net) | $7,349 | $6,583 | $6,187 | $6,259 |
| Goodwill | $6,978 | $6,978 | $6,978 | $6,978 |
| Intangibles | $48 | $56 | $65 | $73 |
| Long-Term Investments | $610,337 | $551,584 | $538,347 | $504,533 |
| Tax Assets | $7,606 | $8,312 | $8,393 | $2,177 |
| Other NC Assets | $26,281 | $23,263 | $23,597 | $20,200 |
| Total NC Assets | $658,599 | $596,776 | $583,566 | $540,221 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $844,643 | $799,941 | $718,211 | $716,677 |
| Liabilities | – | – | – | – |
| Payables | $1,003 | $1,483 | $350 | $296 |
| Short-Term Debt | $5,564 | $6,760 | $5,175 | $5,414 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | $758,806 | $680,963 | $623,611 | $626,415 |
| Total Curr. Liab. | $765,373 | $689,206 | $629,136 | $632,125 |
| LT Debt | $16,329 | $18,212 | $35,096 | $21,979 |
| Deferred Rev, NC | $0 | $0 | $0 | $0 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $6,669 | $40,345 | $6,204 | $5,952 |
| Total NC Liab. | $22,998 | $58,557 | $41,299 | $27,931 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $788,371 | $747,763 | $670,436 | $660,056 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $32 | $31 | $31 | $30 |
| Retained Earnings | $41,613 | $39,433 | $35,300 | $29,129 |
| AOCI | -$16,509 | -$17,684 | -$17,106 | -$1,395 |
| Other Equity | $31,136 | $30,398 | $29,550 | $28,857 |
| Total Equity | $56,272 | $52,178 | $47,775 | $56,621 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $844,643 | $799,941 | $718,211 | $716,677 |
| Net Debt | -$42,169 | -$19,532 | $33,756 | $1,784 |