Company Information

  

Address: 307-11 N DEFIANCE ST  
City: ARCHBOLD 
State: OH 
Zip Code: 43502 
Telephone: 419-446-2501 

Description of Business

Primary SIC Code: 6035
(As filed with the SEC)  

Farmers & Merchants Bancorp, Inc. (Company) is a bank holding company incorporated under the laws of Ohio in 1985 and elected to become a financial holding company under the Federal Reserve in 2014. Our primary subsidiary, The Farmers & Merchants State Bank (Bank) is a community bank operating in Northwest Ohio and Northeast Indiana since 1897. Our other subsidiary, Farmers & Merchants Risk Management (Captive) is a captive insurance company formed in December 2014 and located in Nevada. We report our financial condition and net income on a consolidated basis and we report only one segment. Our executive offices are located at 307 North Defiance Street, Archbold, Ohio 43502, and our telephone number is (419) 446-2501. For a discussion of the general development of the Company's business throughout 2016, please see the portion of Management's Discussion and Analysis of Financial Condition and Results of Operations captioned "2016 in Review.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20171.340.13027.20
06/20170.660.12546.62
03/20171.300.11516.19
12/20161.260.11513.83
09/20161.220.11512.63
06/20161.180.11512.11
03/20161.140.11012.03
12/20151.120.11012.01

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-36.45Total Liab/Total Assets0.88
Net Inc/Total Assets0.01Total Liab/Inv Cap0.95
Net Inc/Inv Cap0.01Total Liab/Comm Equity-2907.24
Pretax Inc/Net Sales0.33Interest Coverage Ratio27.93
Net Inc/Net Sales0.24Curr Debt/Equity0.64
Cash Flow/Net Sales0.25LTD/EquityNA
SG&A/NetSales0.55Total Debt/Equity0.64
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.21  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 13.17 12.90 12.31 12.65
Cost of Goods Sold 1.16 1.10 1.03 0.93
Selling & Admin Exps 7.27 7.00 6.99 6.76
Operating Income NA NA NA NA
Interest Exp 0.17 0.16 0.15 0.15
Pretax Income 4.38 4.52 3.98 4.50
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 3.22 3.22 2.84 3.19

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 248.17 231.10 251.84 252.48
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 22.09 21.57 22.00 22.23
Total Assets 1,090.16 1,066.18 1,067.55 1,055.90
Liabilities        
Accounts Payable 8.35 7.37 7.18 7.79
Debt in Current Liabilities 45.55 50.10 37.96 80.32
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 957.27 934.94 939.83 930.32
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 11.39 12.15 12.05 11.95
Retained Earnings 134.32 131.73 129.66 127.87
Treasury Stock -12.13 -12.27 -12.27 -12.27
Total Stockholders' Equity 132.89 131.24 127.72 125.58
Total Liabilities and Stockholders' Equity 1,090.16 1,066.18 1,067.55 1,055.90

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 3.81 3.03 5.41 2.80
Net Cash Provided by Investing Activities -3.96 -7.53 -2.91 -19.86
Net Cash Provided by Financing Activities 20.00 -6.14 9.07 13.89

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201244.879.791.04
12/201342.279.010.96
12/201443.649.651.04
12/201544.4410.341.12
12/201649.1011.661.26
Growth Rates2.284.484.91

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17411,25613.56




Report Date : 12/11/2017

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