Farmers & Merchants Bancorp Inc Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
155M
54.54%
0M
155M
22M
47M
0M
46M
10M
28M
6M
23M
-29.92%
127M
83M
46M
5M
41M
100M
18.32%
0M
100M
-42M
40M
0M
59M
14M
40M
8M
33M
38.39%
42M
86M
59M
0M
59M
85M
13.31%
0M
85M
-55M
37M
0M
29M
7M
29M
6M
23M
16.92%
55M
69M
31M
2M
29M
75M
17.77%
0M
75M
-50M
31M
0M
25M
10M
25M
5M
20M
9.20%
50M
60M
26M
4M
25M
64M
28.85%
0M
64M
-41M
28M
0M
23M
15M
23M
4M
18M
23.10%
41M
53M
23M
4M
23M
49M
5.36%
0M
49M
23M
23M
0M
25M
7M
18M
3M
15M
17.52%
23M
40M
27M
2M
27M
47M
4.55%
0M
47M
23M
23M
0M
25M
5M
18M
5M
13M
9.05%
23M
36M
25M
2M
25M
45M
9.77%
0M
45M
21M
21M
0M
22M
4M
16M
5M
12M
12.80%
21M
33M
23M
0M
22M
41M
2.62%
0M
41M
21M
21M
0M
19M
4M
14M
4M
10M
7.19%
21M
30M
20M
0M
19M
40M
5.99%
5M
40M
20M
20M
0M
17M
4M
14M
4M
10M
7.09%
20M
30M
19M
0M
17M
38M
-1.23%
5M
38M
19M
19M
0M
17M
5M
13M
0M
9M
-7.98%
19M
0M
19M
0M
17M
38M
7.47%
7M
38M
18M
18M
0M
20M
6M
14M
0M
10M
14.96%
18M
0M
22M
0M
20M
35M
-6.76%
10M
35M
18M
18M
0M
20M
8M
11M
0M
9M
21.96%
18M
0M
22M
0M
20M
38M
6.13%
16M
38M
18M
18M
0M
20M
11M
9M
0M
7M
5.69%
18M
0M
22M
0M
20M
36M
10.91%
0M
36M
17M
17M
0M
22M
13M
9M
0M
7M
-1.76%
17M
0M
25M
0M
22M
32M
7.03%
0M
32M
16M
16M
0M
27M
18M
9M
0M
7M
-13.07%
16M
0M
29M
0M
27M
30M
-0.26%
0M
30M
11M
11M
0M
32M
22M
11M
0M
8M
-4.94%
11M
0M
34M
0M
32M
30M
-2.69%
0M
30M
11M
11M
0M
30M
19M
11M
0M
8M
-5.13%
11M
0M
31M
0M
30M
31M
-1.75%
0M
31M
11M
11M
0M
25M
14M
12M
0M
9M
4.20%
11M
0M
27M
0M
25M
32M
-9.35%
0M
32M
10M
10M
0M
23M
11M
12M
0M
8M
7.92%
10M
0M
24M
0M
23M
35M
85.23%
0M
35M
9M
9M
0M
24M
14M
10M
0M
8M
-43.17%
9M
0M
26M
0M
24M
19M
100.47%
0M
19M
18M
18M
0M
34M
14M
20M
0M
13M
8.95%
18M
0M
36M
0M
34M
9M
-0.78%
0M
9M
17M
17M
0M
43M
23M
20M
0M
12M
11.77%
17M
0M
45M
0M
43M
9M
28.40%
0M
9M
16M
16M
0M
42M
25M
18M
0M
11M
19.57%
16M
0M
44M
0M
42M
7M
1.93%
0M
7M
15M
15M
0M
33M
19M
14M
0M
9M
14.34%
15M
0M
35M
0M
33M
7M
-
0M
7M
14M
14M
0M
30M
17M
12M
0M
8M
14.34%
14M
0M
31M
0M
30M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
42M
60.49%
0M
42M
5M
11M
0M
11M
3M
7M
1M
6M
-22.89%
35M
20M
11M
1M
10M
23M
-12.04%
0M
23M
10M
12M
0M
10M
17M
10M
1M
5M
-46.24%
10M
19M
10M
0M
9M
24M
-4.81%
0M
24M
12M
12M
0M
12M
13M
8M
2M
6M
-26.83%
12M
20M
12M
0M
12M
32M
34.76%
0M
32M
4M
12M
0M
18M
10M
8M
2M
6M
-19.51%
4M
22M
18M
0M
18M
26M
8.58%
0M
26M
30M
11M
0M
17M
7M
9M
2M
7M
-6.44%
30M
22M
17M
0M
17M
26M
17.81%
0M
26M
10M
9M
0M
15M
3M
11M
2M
9M
50.10%
10M
22M
15M
0M
15M
25M
28.93%
0M
25M
10M
9M
0M
13M
2M
10M
2M
8M
64.60%
10M
22M
13M
0M
13M
24M
20.38%
0M
24M
10M
10M
0M
13M
2M
10M
2M
8M
63.64%
10M
20M
13M
0M
13M
24M
13.11%
0M
24M
10M
10M
0M
12M
2M
10M
2M
8M
13.39%
10M
20M
13M
0M
13M
22M
13.17%
0M
22M
10M
9M
0M
10M
2M
8M
2M
6M
34.24%
10M
18M
10M
0M
10M
19M
10.18%
0M
19M
9M
9M
0M
9M
2M
6M
1M
5M
3.73%
9M
16M
9M
1M
9M
20M
16.97%
0M
20M
9M
9M
0M
9M
2M
6M
1M
5M
-2.79%
9M
15M
9M
1M
9M
21M
34.05%
0M
21M
8M
8M
0M
11M
2M
8M
2M
7M
43.47%
8M
16M
12M
1M
11M
19M
23.55%
0M
19M
9M
9M
0M
9M
2M
5M
1M
4M
3.16%
9M
15M
9M
1M
9M
18M
2.71%
0M
18M
7M
7M
0M
9M
3M
6M
1M
5M
-22.27%
7M
15M
10M
1M
9M
17M
11.66%
0M
17M
8M
8M
0M
9M
3M
5M
1M
5M
56.64%
8M
14M
9M
1M
9M
16M
26.39%
0M
16M
7M
7M
0M
10M
4M
6M
1M
5M
47.92%
7M
13M
10M
1M
10M
16M
26.57%
0M
16M
8M
7M
0M
10M
4M
5M
1M
4M
10.32%
8M
13M
10M
1M
10M
17M
36.73%
0M
17M
7M
7M
0M
12M
4M
8M
1M
6M
50.22%
7M
14M
12M
1M
12M
15M
25.56%
0M
15M
8M
8M
0M
8M
3M
4M
1M
3M
-14.41%
8M
13M
8M
1M
8M
13M
2.51%
0M
13M
6M
6M
0M
-54M
2M
4M
1M
3M
-7.07%
6M
10M
6M
0M
6M
12M
4.39%
0M
12M
6M
6M
0M
7M
2M
4M
1M
4M
20.27%
6M
10M
7M
1M
7M
12M
7.34%
0M
12M
6M
5M
0M
7M
2M
5M
1M
4M
27.65%
6M
10M
7M
1M
7M
12M
7.44%
2M
12M
6M
6M
0M
7M
1M
5M
1M
4M
32.69%
6M
10M
7M
1M
7M
12M
6.31%
1M
12M
6M
6M
0M
-52M
1M
5M
0M
3M
7.58%
6M
0M
7M
0M
7M
12M
3.61%
1M
12M
6M
6M
0M
6M
1M
4M
0M
3M
6.87%
6M
0M
6M
1M
6M
12M
3.62%
1M
12M
6M
6M
0M
6M
1M
5M
0M
3M
8.37%
6M
0M
6M
1M
6M
11M
4.64%
1M
11M
6M
6M
0M
6M
1M
4M
0M
3M
14.43%
6M
0M
6M
1M
6M
12M
9.62%
1M
12M
5M
5M
0M
-49M
1M
5M
0M
3M
15.22%
5M
0M
6M
1M
6M
11M
10.75%
1M
11M
5M
5M
0M
6M
1M
4M
0M
3M
15.08%
5M
0M
6M
1M
6M
11M
11.00%
1M
11M
5M
5M
0M
6M
1M
4M
0M
3M
14.52%
5M
0M
6M
1M
6M
11M
7.65%
1M
11M
5M
5M
0M
5M
1M
3M
0M
2M
5.53%
5M
0M
5M
1M
5M
11M
3.12%
1M
11M
5M
5M
0M
5M
1M
4M
0M
3M
4.17%
5M
0M
5M
0M
5M
10M
0.61%
1M
10M
5M
5M
0M
5M
1M
4M
0M
3M
5.90%
5M
0M
5M
1M
5M
10M
2.11%
1M
10M
5M
5M
0M
4M
1M
4M
0M
3M
1.68%
5M
0M
5M
1M
4M
10M
4.80%
1M
10M
5M
5M
0M
4M
1M
3M
0M
2M
20.07%
5M
0M
5M
1M
4M
10M
7.33%
1M
10M
5M
5M
0M
5M
1M
4M
0M
3M
16.35%
5M
0M
5M
0M
5M
10M
10.71%
1M
10M
5M
5M
0M
4M
1M
3M
0M
2M
19.81%
5M
0M
5M
1M
4M
10M
5.43%
1M
10M
5M
5M
0M
4M
1M
3M
0M
3M
2.08%
5M
0M
5M
1M
4M
9M
0.51%
1M
9M
5M
5M
0M
4M
1M
3M
0M
2M
-9.01%
5M
0M
4M
1M
4M
9M
-5.48%
1M
9M
5M
5M
0M
4M
1M
3M
0M
2M
-9.43%
5M
0M
5M
0M
4M
9M
-1.07%
1M
9M
5M
5M
0M
4M
1M
3M
0M
2M
-15.40%
5M
0M
4M
0M
4M
9M
0.04%
1M
9M
4M
4M
0M
5M
1M
4M
0M
3M
-1.42%
4M
0M
5M
1M
5M
9M
1.96%
1M
9M
5M
5M
0M
4M
1M
3M
0M
2M
-5.78%
5M
0M
5M
1M
4M
10M
3.26%
2M
10M
3M
3M
0M
5M
1M
4M
0M
3M
-12.48%
3M
0M
6M
1M
5M
9M
10.93%
2M
9M
5M
5M
0M
5M
2M
3M
0M
2M
17.30%
5M
0M
5M
1M
5M
9M
11.56%
2M
9M
5M
5M
0M
5M
2M
4M
0M
3M
61.97%
5M
0M
6M
1M
5M
9M
4.90%
2M
9M
5M
5M
0M
5M
2M
3M
0M
2M
15.30%
5M
0M
5M
1M
5M
10M
-2.42%
2M
10M
4M
4M
0M
6M
2M
4M
0M
3M
32.04%
4M
0M
6M
1M
6M
8M
-13.36%
2M
8M
5M
5M
0M
5M
2M
3M
0M
2M
-5.28%
5M
0M
5M
0M
5M
8M
-6.42%
3M
8M
5M
5M
0M
4M
2M
2M
0M
2M
16.85%
5M
0M
5M
1M
4M
9M
-4.85%
3M
9M
4M
4M
0M
5M
2M
2M
0M
2M
57.72%
4M
0M
5M
1M
5M
10M
2.23%
3M
10M
9M
9M
0M
5M
2M
3M
0M
2M
-0.59%
9M
0M
6M
0M
5M
10M
13.89%
2M
7M
3M
3M
0M
6M
3M
3M
0M
2M
72.18%
5M
0M
6M
1M
6M
9M
3.68%
2M
7M
3M
3M
0M
5M
3M
2M
0M
1M
-4.49%
5M
0M
5M
0M
5M
9M
5.36%
2M
7M
3M
3M
0M
5M
3M
2M
0M
1M
-27.40%
6M
0M
5M
0M
5M
10M
11.99%
0M
10M
9M
9M
0M
-22M
3M
3M
0M
2M
64.89%
9M
0M
6M
0M
6M
9M
9.08%
2M
6M
3M
3M
0M
5M
3M
2M
0M
1M
-28.44%
5M
0M
5M
1M
5M
9M
7.31%
3M
6M
3M
3M
0M
5M
3M
2M
0M
1M
-31.14%
5M
0M
6M
1M
5M
9M
16.00%
2M
6M
3M
3M
0M
6M
3M
2M
0M
2M
10.33%
5M
0M
7M
1M
6M
9M
14.50%
0M
9M
7M
7M
0M
6M
4M
2M
0M
1M
-31.99%
7M
0M
6M
1M
6M
8M
6.78%
0M
8M
3M
3M
0M
7M
4M
2M
0M
2M
4.64%
3M
0M
7M
0M
7M
8M
6.97%
0M
8M
2M
2M
0M
7M
5M
3M
0M
2M
2.41%
2M
0M
8M
0M
7M
8M
-0.66%
0M
8M
3M
3M
0M
7M
5M
2M
0M
2M
-24.47%
3M
0M
8M
0M
7M
8M
-0.85%
0M
8M
3M
3M
0M
8M
6M
3M
0M
2M
-3.54%
3M
0M
8M
0M
8M
7M
-2.47%
0M
7M
3M
3M
0M
8M
6M
2M
0M
2M
-19.51%
3M
0M
8M
0M
8M
8M
-1.10%
0M
8M
2M
2M
0M
8M
5M
3M
0M
2M
48.25%
2M
0M
8M
0M
8M
8M
3.52%
0M
8M
3M
3M
0M
8M
5M
3M
0M
2M
2.87%
3M
0M
8M
0M
8M
8M
-5.67%
0M
8M
3M
3M
0M
8M
5M
3M
0M
2M
-3.79%
3M
0M
8M
0M
8M
8M
-1.20%
0M
8M
3M
3M
0M
8M
5M
3M
0M
2M
-4.98%
3M
0M
8M
0M
8M
8M
-0.96%
0M
8M
3M
3M
0M
6M
4M
3M
0M
1M
-39.12%
3M
0M
7M
0M
6M
7M
-2.85%
0M
7M
3M
3M
0M
7M
4M
3M
0M
2M
-0.74%
3M
0M
7M
0M
7M
8M
0.99%
0M
8M
3M
3M
0M
7M
4M
3M
0M
2M
3.43%
3M
0M
7M
0M
7M
8M
-3.20%
0M
8M
3M
3M
0M
6M
3M
3M
0M
2M
4.06%
3M
0M
7M
1M
6M
8M
-1.54%
0M
8M
3M
3M
0M
6M
3M
3M
0M
2M
8.03%
3M
0M
7M
1M
6M
8M
-3.29%
0M
8M
3M
3M
0M
6M
3M
3M
0M
2M
1.35%
3M
0M
6M
1M
6M
8M
-17.87%
0M
8M
3M
3M
0M
6M
3M
3M
0M
2M
-1.16%
3M
0M
5M
-1M
6M
8M
-6.49%
0M
8M
3M
3M
0M
6M
3M
3M
0M
2M
-17.37%
3M
0M
6M
1M
6M
8M
-11.98%
0M
8M
2M
2M
0M
6M
3M
3M
0M
2M
-34.11%
2M
0M
6M
1M
6M
8M
1.40%
0M
8M
2M
2M
0M
6M
3M
3M
0M
2M
-1,655.04%
2M
0M
6M
1M
6M
10M
-1.02%
0M
10M
3M
3M
0M
6M
3M
3M
0M
2M
-42.48%
3M
0M
6M
0M
6M
8M
160.29%
0M
8M
2M
2M
0M
7M
3M
4M
0M
3M
-24.79%
2M
0M
7M
0M
7M
9M
173.79%
0M
9M
2M
2M
0M
8M
4M
4M
0M
3M
-6.66%
2M
0M
9M
1M
8M
8M
209.91%
0M
8M
2M
2M
0M
4M
4M
0M
0M
0M
-104.37%
2M
0M
4M
0M
4M
10M
298.95%
0M
10M
5M
5M
0M
8M
3M
5M
0M
4M
21.60%
5M
0M
8M
0M
8M
3M
30.02%
0M
3M
4M
4M
0M
9M
3M
5M
0M
3M
8.95%
4M
0M
9M
1M
9M
3M
39.35%
0M
3M
5M
5M
0M
9M
3M
5M
0M
3M
5.03%
5M
0M
9M
0M
5M
2M
19.78%
0M
2M
4M
4M
0M
10M
5M
5M
0M
3M
-2.83%
4M
0M
10M
0M
10M
2M
-15.17%
0M
0M
0M
4M
0M
0M
5M
5M
0M
3M
10.47%
0M
0M
0M
0M
5M
2M
18.79%
0M
2M
4M
4M
0M
11M
6M
5M
0M
3M
11.81%
4M
0M
11M
0M
11M
2M
6.05%
0M
2M
5M
5M
0M
11M
6M
5M
0M
3M
12.73%
5M
0M
12M
0M
11M
2M
-7.00%
0M
2M
4M
4M
0M
11M
6M
5M
0M
3M
12.01%
4M
0M
12M
0M
11M
3M
115.70%
0M
3M
4M
4M
0M
11M
7M
4M
0M
3M
22.27%
4M
0M
11M
0M
11M
2M
0.87%
0M
2M
4M
4M
0M
11M
7M
5M
0M
3M
17.69%
4M
0M
12M
0M
11M
2M
5.82%
0M
2M
4M
4M
0M
10M
6M
4M
0M
3M
21.23%
4M
0M
11M
0M
10M
2M
20.68%
0M
2M
4M
4M
0M
10M
5M
4M
0M
3M
17.34%
4M
0M
10M
0M
10M
1M
-
0M
1M
4M
4M
0M
8M
5M
3M
0M
2M
17.34%
4M
0M
9M
0M
8M
2M
-
0M
2M
4M
4M
0M
8M
5M
4M
0M
2M
17.34%
4M
0M
9M
0M
8M
2M
-
0M
2M
4M
4M
0M
8M
5M
4M
0M
2M
17.34%
4M
0M
9M
0M
8M
2M
-
0M
2M
4M
4M
0M
8M
5M
4M
0M
2M
17.34%
4M
0M
9M
0M
8M