{ "cik": 792966, "cik_padded": "0000792966", "entityName": "FARMERS & MERCHANTS BANCORP INC", "fiscal_years": [ { "accn": "0001193125-26-081475", "filed": "2026-02-27", "fiscal_year": 2025, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "eps_diluted": "USD/shares", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 362000.0, "capex": 1767000.0, "dividends_paid": 12085000.0, "eps_diluted": 2.43, "free_cash_flow": 34972000.0, "net_income": 33309000.0, "operating_cash_flow": 36739000.0, "revenue": 173544000.0, "stockholders_equity": 370862000.0, "total_assets": 3434382000.0, "total_liabilities": 3063520000.0 }, "period_end": "2025-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 8.260538960583721, "net_margin": 0.19193403402019085, "payout_ratio": 0.36281485484403614, "revenue_growth_yoy": 0.060963979165138286, "roa_avg2y": 0.009798054302735433, "roa_period_end": 0.009698688148260736, "roe_avg2y": 0.09435001763273769, "roe_period_end": 0.08981507946352013 } }, { "accn": "0001193125-26-081475", "filed": "2026-02-27", "fiscal_year": 2024, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "eps_diluted": "USD/shares", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 664000.0, "capex": 1871000.0, "dividends_paid": 11922000.0, "eps_diluted": 1.9, "free_cash_flow": 30603000.0, "net_income": 25938000.0, "operating_cash_flow": 32474000.0, "revenue": 163572000.0, "stockholders_equity": 335211000.0, "total_assets": 3364723000.0, "total_liabilities": 3029512000.0 }, "period_end": "2024-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 9.037627046845122, "net_margin": 0.1585723717995745, "payout_ratio": 0.45963451306962755, "revenue_growth_yoy": 0.1699759670405127, "roa_avg2y": 0.00780330543902844, "roa_period_end": 0.007708806935964714, "roe_avg2y": 0.07959444821205547, "roe_period_end": 0.07737812899934668 } }, { "accn": "0001193125-26-081475", "filed": "2026-02-27", "fiscal_year": 2023, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "eps_diluted": "USD/shares", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 218000.0, "capex": 10929000.0, "dividends_paid": 11335000.0, "eps_diluted": 1.67, "free_cash_flow": 11217000.0, "net_income": 22787000.0, "operating_cash_flow": 22146000.0, "revenue": 139808000.0, "stockholders_equity": 316543000.0, "total_assets": 3283229000.0, "total_liabilities": 2966686000.0 }, "period_end": "2023-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 9.372142173417197, "net_margin": 0.16298781185626002, "payout_ratio": 0.4974327467415632, "revenue_growth_yoy": 0.3821985387893108, "roa_avg2y": 0.007235599135043137, "roa_period_end": 0.006940423589094759, "roe_avg2y": 0.07414228146865945, "roe_period_end": 0.07198706020982931 } }, { "accn": "0001193125-26-081475", "filed": "2026-02-27", "fiscal_year": 2022, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "eps_diluted": "USD/shares", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 308000.0, "capex": 2600000.0, "dividends_paid": 10276000.0, "eps_diluted": 2.46, "free_cash_flow": 38069000.0, "net_income": 32515000.0, "operating_cash_flow": 40669000.0, "revenue": 101149000.0, "stockholders_equity": 298140000.0, "total_assets": 3015351000.0, "total_liabilities": 2717211000.0 }, "period_end": "2022-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 9.113876031394646, "net_margin": 0.3214564652146833, "payout_ratio": 0.31603875134553283, "revenue_growth_yoy": 0.31635866736074963, "roa_avg2y": 0.011502301786933788, "roa_period_end": 0.010783155924467831, "roe_avg2y": 0.10923775463752317, "roe_period_end": 0.1090595022472664 } }, { "accn": "0000950170-25-027602", "filed": "2025-02-26", "fiscal_year": 2021, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "eps_diluted": "USD/shares", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 338000.0, "capex": 1965000.0, "dividends_paid": 7670000.0, "eps_diluted": 2.01, "free_cash_flow": 32776000.0, "net_income": 23495000.0, "operating_cash_flow": 34741000.0, "revenue": 76840000.0, "stockholders_equity": 297167000.0, "total_assets": 2638300000.0, "total_liabilities": 2341133000.0 }, "period_end": "2021-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 7.878172879222794, "net_margin": 0.3057652264445601, "payout_ratio": 0.32645243668865714, "revenue_growth_yoy": 0.09507047271587168, "roa_avg2y": 0.010332368480537151, "roa_period_end": 0.008905355721487321, "roe_avg2y": 0.08601075912411431, "roe_period_end": 0.07906328764634027 } }, { "accn": "0001564590-22-005912", "filed": "2024-02-27", "fiscal_year": 2020, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "eps_diluted": "USD/shares", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 383000.0, "capex": 3222000.0, "dividends_paid": 7186000.0, "eps_diluted": 1.8, "free_cash_flow": 24160000.0, "net_income": 20095000.0, "operating_cash_flow": 27382000.0, "revenue": 70169000.0, "stockholders_equity": 249160000.0, "total_assets": 1909544000.0, "total_liabilities": 1660384000.0 }, "period_end": "2020-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 6.663926794027934, "net_margin": 0.28638002536732743, "payout_ratio": 0.35760139338143815, "revenue_growth_yoy": 0.0272743243638919, "roa_avg2y": 0.011427762268423606, "roa_period_end": 0.01052345481434311, "roe_avg2y": 0.08383081152564151, "roe_period_end": 0.08065098731738642 } }, { "accn": "0001564590-22-005912", "filed": "2023-02-24", "fiscal_year": 2019, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 381000.0, "capex": 3510000.0, "dividends_paid": 6345000.0, "free_cash_flow": 20421000.0, "net_income": 18402000.0, "operating_cash_flow": 23931000.0, "revenue": 68306000.0, "stockholders_equity": 230258000.0, "total_assets": 1607330000.0, "total_liabilities": 1377072000.0 }, "period_end": "2019-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 5.980560935993537, "net_margin": 0.2694053231048517, "payout_ratio": 0.3447994783175742, "revenue_growth_yoy": 0.47119257360701283, "roa_avg2y": 0.013513528399008186, "roa_period_end": 0.011448800184156333, "roe_avg2y": 0.09852628197405935, "roe_period_end": 0.07991904732951732 } }, { "accn": "0001564590-22-005912", "filed": "2022-02-22", "fiscal_year": 2018, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 490000.0, "capex": 2628000.0, "dividends_paid": 4956000.0, "free_cash_flow": 8109000.0, "net_income": 14949000.0, "operating_cash_flow": 10737000.0, "revenue": 46429000.0, "stockholders_equity": 143287000.0, "total_assets": 1116163000.0, "total_liabilities": 972876000.0 }, "period_end": "2018-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 6.789701787321948, "net_margin": 0.32197548945702037, "payout_ratio": 0.33152719245434475, "revenue_growth_yoy": 0.12560608999224204, "roa_avg2y": 0.013448352174280712, "roa_period_end": 0.013393205114306781, "roe_avg2y": 0.10778171121221079, "roe_period_end": 0.104329073816885 } }, { "accn": "0001564590-21-007929", "filed": "2021-02-24", "fiscal_year": 2017, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 196000.0, "capex": 1888000.0, "dividends_paid": 4443000.0, "free_cash_flow": 15761000.0, "net_income": 12720000.0, "operating_cash_flow": 17649000.0, "revenue": 41248000.0, "stockholders_equity": 134107000.0, "total_assets": 1107009000.0, "total_liabilities": 972872000.0 }, "period_end": "2017-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 7.254446076640295, "net_margin": 0.3083785880527541, "payout_ratio": 0.34929245283018867, "revenue_growth_yoy": 0.09332838550640125, "roa_avg2y": 0.011761964469990347, "roa_period_end": 0.011490421487088181, "roe_avg2y": 0.09796521926649313, "roe_period_end": 0.09484963499295337 } }, { "accn": "0001564590-20-006695", "filed": "2020-02-26", "fiscal_year": 2016, "form": "10-K", "fundamental_units": { "buybacks": "USD", "capex": "USD", "dividends_paid": "USD", "free_cash_flow": "USD", "net_income": "USD", "operating_cash_flow": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD", "total_liabilities": "USD" }, "fundamentals": { "buybacks": 194000.0, "capex": 2406000.0, "dividends_paid": 4115000.0, "free_cash_flow": 10024000.0, "net_income": 11664000.0, "operating_cash_flow": 12430000.0, "revenue": 37727000.0, "stockholders_equity": 125577000.0, "total_assets": 1055895000.0, "total_liabilities": 930318000.0 }, "period_end": "2016-12-31", "ratio_units": { "leverage": "ratio", "net_margin": "ratio", "payout_ratio": "ratio", "roa_period_end": "ratio", "roe_period_end": "ratio" }, "ratios": { "leverage": 7.408347069925225, "net_margin": 0.30916850001325313, "payout_ratio": 0.3527949245541838, "roa_period_end": 0.01104655292429645, "roe_period_end": 0.09288325091378198 } } ], "latest_filing": { "accn": "0001193125-26-081475", "filed": "2026-02-27", "form": "10-K" }, "note": "Static grepcent export of verified SEC companyfacts-derived values. Monetary values are raw reported units from grepcent's resolved facts; no scaling and no FX conversion. Capex, dividends, and buybacks are reported as positive outflow magnitudes. ROE/ROA include both period-end basis (site-consistent) and average-of-two-years basis where the prior-year denominator exists.", "schema_version": "1", "sic": "6035", "sic_description": "Savings Institution, Federally Chartered", "source_urls": { "sec_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000792966.json", "sec_submissions": "https://data.sec.gov/submissions/CIK0000792966.json" }, "ticker": "FMAO" }