Farmers & Merchants Bancorp Inc. reported total assets of $3,391 million as of September 30, 2025, with no year-over-year growth. Total loans, net, increased by 4.9% year-over-year to $2,660 million, primarily driven by higher commercial real estate, commercial and industrial, agricultural real estate, and agricultural loans. Deposits rose 2.5% year-over-year to $2,750 million. Net interest income after provision for credit losses was $22 million for the third quarter of 2025, compared to $27 million in the same period of 2024. Over the five years from 2019 to 2024, total assets grew at a 15.9% CAGR and net income grew at a 7.1% CAGR. The company completed four bank acquisitions since 2019 and has focused on expanding digital services, increasing mobile customers by 27.3% in 2024, and diversifying noninterest income streams.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmers & Merchants Bancorp Inc. published the original content used to generate this news brief on November 04, 2025, and is solely responsible for the information contained therein.
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