$FMAO
FARMERS & MERCHANTS BANCORP INC

2023 Q3 Form 10-Q Financial Statement

#000095017023037009 Filed on August 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $36.36M $33.38M
YoY Change 40.67% 39.59%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.363M $2.643M
YoY Change 7.8% 17.89%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.470M $1.441M
YoY Change 61.54% 45.26%
% of Gross Profit
Operating Expenses $2.363M $2.643M
YoY Change 7.8% 17.89%
Operating Profit
YoY Change
Interest Expense $16.70M $13.26M
YoY Change 411.55% 547.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $5.898M $7.532M
YoY Change -47.37% -27.02%
Income Tax $1.121M $1.531M
% Of Pretax Income 19.01% 20.33%
Net Earnings $4.777M $5.935M
YoY Change -46.65% -28.24%
Net Earnings / Revenue 13.14% 17.78%
Basic Earnings Per Share $0.35 $0.44
Diluted Earnings Per Share $0.35 $0.44
COMMON SHARES
Basic Shares Outstanding 13.63M 13.63M
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $153.2M $71.19M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $31.72M $32.69M
YoY Change 19.78% 23.39%
Goodwill $86.36M $86.36M
YoY Change 7.37% 7.37%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $3.235B $3.147B
YoY Change 16.2% 17.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $21.90M $18.18M
YoY Change 46.85% 0.63%
Deferred Revenue
YoY Change
Short-Term Debt $30.50M $51.57M
YoY Change -45.34% -28.32%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $55.20M $72.58M
YoY Change 212.93% 250.79%
LONG-TERM LIABILITIES
Long-Term Debt $34.70M $34.64M
YoY Change -22.12% 0.34%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $34.70M $34.64M
YoY Change -22.12% 0.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.20M $72.58M
Total Long-Term Liabilities $34.70M $34.64M
Total Liabilities $2.931B $2.843B
YoY Change 17.11% 18.75%
SHAREHOLDERS EQUITY
Retained Earnings $218.5M $216.2M
YoY Change 5.03% 7.68%
Common Stock $135.2M $135.6M
YoY Change 10.97% 10.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.01M $11.30M
YoY Change -4.67% -4.43%
Treasury Stock Shares
Shareholders Equity $303.2M $304.7M
YoY Change
Total Liabilities & Shareholders Equity $3.235B $3.147B
YoY Change 16.2% 17.67%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $4.777M $5.935M
YoY Change -46.65% -28.24%
Depreciation, Depletion And Amortization $1.470M $1.441M
YoY Change 61.54% 45.26%
Cash From Operating Activities $4.790M $3.690M
YoY Change -1127.9% -74.61%
INVESTING ACTIVITIES
Capital Expenditures $3.280M $3.288M
YoY Change -554.29% -715.73%
Acquisitions
YoY Change
Other Investing Activities -$1.350M -$69.94M
YoY Change -98.77% -1.35%
Cash From Investing Activities -$4.620M -$73.23M
YoY Change -95.82% 2.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 81.81M 76.41M
YoY Change -25.71% -783.01%
NET CHANGE
Cash From Operating Activities 4.790M 3.690M
Cash From Investing Activities -4.620M -73.23M
Cash From Financing Activities 81.81M 76.41M
Net Change In Cash 81.98M 6.868M
YoY Change -10760.6% -110.09%
FREE CASH FLOW
Cash From Operating Activities $4.790M $3.690M
Capital Expenditures $3.280M $3.288M
Free Cash Flow $1.510M $402.0K
YoY Change 489.84% -97.33%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000792966
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38084
dei Entity Registrant Name
EntityRegistrantName
FARMERS & MERCHANTS BANCORP, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
OH
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
34-1469491
dei Entity Address Address Line1
EntityAddressAddressLine1
307 North Defiance Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Archbold
dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
43502
dei City Area Code
CityAreaCode
419
dei Local Phone Number
LocalPhoneNumber
446-2501
dei Security12b Title
Security12bTitle
Common Stock, No Par Value
dei Trading Symbol
TradingSymbol
FMAO
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13634555
CY2023Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
69760000
CY2022Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
83085000
CY2023Q2 us-gaap Federal Funds Sold
FederalFundsSold
1433000
CY2022Q4 us-gaap Federal Funds Sold
FederalFundsSold
1324000
CY2023Q2 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
71193000
CY2022Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
84409000
CY2023Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
3485000
CY2022Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
4442000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
363225000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
390789000
CY2023Q2 us-gaap Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
17535000
CY2022Q4 us-gaap Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
9799000
CY2023Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1459000
CY2022Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
827000
CY2023Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2490883000
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2336074000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30398000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28381000
CY2023Q2 fmao Office Construction In Progress
OfficeConstructionInProgress
2290000
CY2022Q4 fmao Office Construction In Progress
OfficeConstructionInProgress
278000
CY2023Q2 us-gaap Goodwill
Goodwill
86358000
CY2022Q4 us-gaap Goodwill
Goodwill
86358000
CY2023Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
5635000
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
3549000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-35922000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-38233000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
304663000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
298140000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3147443000
CY2023Q2 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
33470000
CY2022Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
33073000
CY2023Q2 us-gaap Other Assets
OtherAssets
41512000
CY2022Q4 us-gaap Other Assets
OtherAssets
37372000
CY2023Q2 us-gaap Assets
Assets
3147443000
CY2022Q4 us-gaap Assets
Assets
3015351000
CY2023Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
488678000
CY2022Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
532794000
CY2023Q2 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
770113000
CY2022Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
750887000
CY2023Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
581192000
CY2022Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
627203000
CY2023Q2 us-gaap Time Deposits
TimeDeposits
628757000
CY2022Q4 us-gaap Time Deposits
TimeDeposits
557980000
CY2023Q2 us-gaap Deposits
Deposits
2468740000
CY2022Q4 us-gaap Deposits
Deposits
2468864000
CY2023Q2 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
51567000
CY2022Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
54206000
CY2023Q2 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
266818000
CY2022Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
127485000
CY2022Q4 us-gaap Other Borrowings
OtherBorrowings
10000000
CY2023Q2 us-gaap Subordinated Debt
SubordinatedDebt
34644000
CY2022Q4 us-gaap Subordinated Debt
SubordinatedDebt
34586000
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2834000
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2832000
CY2023Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
18177000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
19238000
CY2023Q2 us-gaap Liabilities
Liabilities
2842780000
CY2022Q4 us-gaap Liabilities
Liabilities
2717211000
CY2023Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2022Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14564425
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14564425
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14564425
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14564425
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
135647000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
135497000
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
929513
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
956003
CY2023Q2 us-gaap Treasury Stock Value
TreasuryStockValue
11298000
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
11573000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
216236000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
212449000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3015351000
CY2023Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
31365000
CY2022Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
22388000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
61068000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
42843000
CY2023Q2 us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
1030000
CY2022Q2 us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
1035000
us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
2098000
us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
2058000
CY2023Q2 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
401000
CY2022Q2 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
322000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
809000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
622000
CY2023Q2 us-gaap Dividend Income Operating
DividendIncomeOperating
148000
CY2022Q2 us-gaap Dividend Income Operating
DividendIncomeOperating
57000
us-gaap Dividend Income Operating
DividendIncomeOperating
271000
us-gaap Dividend Income Operating
DividendIncomeOperating
99000
CY2023Q2 fmao Interest Income Expense Federal Funds Sold And Purchased
InterestIncomeExpenseFederalFundsSoldAndPurchased
9000
CY2022Q2 fmao Interest Income Expense Federal Funds Sold And Purchased
InterestIncomeExpenseFederalFundsSoldAndPurchased
9000
fmao Interest Income Expense Federal Funds Sold And Purchased
InterestIncomeExpenseFederalFundsSoldAndPurchased
30000
fmao Interest Income Expense Federal Funds Sold And Purchased
InterestIncomeExpenseFederalFundsSoldAndPurchased
19000
CY2023Q2 us-gaap Interest Income Other
InterestIncomeOther
424000
CY2022Q2 us-gaap Interest Income Other
InterestIncomeOther
100000
us-gaap Interest Income Other
InterestIncomeOther
903000
us-gaap Interest Income Other
InterestIncomeOther
169000
CY2023Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
33377000
CY2022Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
23911000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
65179000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
45810000
CY2023Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
10434000
CY2022Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1379000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
18585000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2739000
CY2023Q2 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
427000
CY2022Q2 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
166000
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
832000
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
318000
CY2023Q2 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
2113000
CY2022Q2 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
218000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
3393000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
553000
CY2023Q2 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
285000
CY2022Q2 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
284000
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
569000
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
553000
CY2023Q2 us-gaap Interest Expense
InterestExpense
13259000
CY2022Q2 us-gaap Interest Expense
InterestExpense
2047000
us-gaap Interest Expense
InterestExpense
23379000
us-gaap Interest Expense
InterestExpense
4163000
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20118000
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
21864000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
41800000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
41647000
CY2023Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
143000
CY2022Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1628000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
960000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2208000
CY2023Q2 fmao Provision For Credit Lossesoff Balance Sheet Credit Exposures
ProvisionForCreditLossesoffBalanceSheetCreditExposures
-129000
fmao Provision For Credit Lossesoff Balance Sheet Credit Exposures
ProvisionForCreditLossesoffBalanceSheetCreditExposures
-67000
CY2023Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
20104000
CY2022Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
20236000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
40907000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
39439000
CY2023Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
108000
CY2022Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
164000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
175000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
861000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-891000
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
4272000
CY2022Q2 us-gaap Noninterest Income
NoninterestIncome
3320000
us-gaap Noninterest Income
NoninterestIncome
8449000
us-gaap Noninterest Income
NoninterestIncome
7663000
CY2023Q2 us-gaap Salaries And Wages
SalariesAndWages
6500000
CY2022Q2 us-gaap Salaries And Wages
SalariesAndWages
5366000
us-gaap Salaries And Wages
SalariesAndWages
13157000
us-gaap Salaries And Wages
SalariesAndWages
10868000
CY2023Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2071000
CY2022Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1546000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
4236000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
3600000
CY2023Q2 us-gaap Occupancy Net
OccupancyNet
840000
CY2022Q2 us-gaap Occupancy Net
OccupancyNet
522000
us-gaap Occupancy Net
OccupancyNet
1696000
us-gaap Occupancy Net
OccupancyNet
1120000
CY2023Q2 us-gaap Equipment Expense
EquipmentExpense
1211000
CY2022Q2 us-gaap Equipment Expense
EquipmentExpense
1008000
us-gaap Equipment Expense
EquipmentExpense
2463000
us-gaap Equipment Expense
EquipmentExpense
2064000
CY2023Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
796000
CY2022Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
654000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1522000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1258000
CY2023Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
379000
CY2022Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
757000
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
745000
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
1175000
CY2023Q2 fmao Atm Expense
AtmExpense
683000
CY2022Q2 fmao Atm Expense
AtmExpense
544000
fmao Atm Expense
AtmExpense
1306000
fmao Atm Expense
AtmExpense
1076000
CY2023Q2 us-gaap Advertising Expense
AdvertisingExpense
830000
CY2022Q2 us-gaap Advertising Expense
AdvertisingExpense
300000
us-gaap Advertising Expense
AdvertisingExpense
1344000
us-gaap Advertising Expense
AdvertisingExpense
537000
CY2022Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
266000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
271000
CY2023Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
496000
CY2022Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
270000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
802000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
384000
CY2023Q2 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
164000
CY2022Q2 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
59000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
323000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
85000
CY2023Q2 us-gaap Professional Fees
ProfessionalFees
231000
CY2022Q2 us-gaap Professional Fees
ProfessionalFees
233000
us-gaap Professional Fees
ProfessionalFees
461000
us-gaap Professional Fees
ProfessionalFees
411000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2643000
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2242000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5720000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4421000
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
16844000
CY2022Q2 us-gaap Noninterest Expense
NoninterestExpense
13235000
us-gaap Noninterest Expense
NoninterestExpense
33775000
us-gaap Noninterest Expense
NoninterestExpense
26728000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7532000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10321000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15581000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20374000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1531000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2050000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3114000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4001000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6001000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
8271000
us-gaap Net Income Loss
NetIncomeLoss
12467000
us-gaap Net Income Loss
NetIncomeLoss
16373000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2025
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.4200
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3925
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6001000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
8271000
us-gaap Net Income Loss
NetIncomeLoss
12467000
us-gaap Net Income Loss
NetIncomeLoss
16373000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-5996000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-14602000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2034000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-35541000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-891000
CY2023Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-5996000
CY2022Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-14602000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
2925000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-35541000
CY2023Q2 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-1260000
CY2022Q2 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-3067000
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
614000
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-7464000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4736000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11535000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2311000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-28077000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1265000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3264000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14778000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11704000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
298140000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
6466000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7047000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
306000
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2831000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
305757000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6001000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4736000
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5000
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
300000
CY2023Q2 fmao Stock Issued During Period Directors Stock Awards
StockIssuedDuringPeriodDirectorsStockAwards
180000
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2834000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
304663000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
297167000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
8102000
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-16542000
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
213000
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2462000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
286478000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
8271000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11535000
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
54000
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
219000
CY2022Q2 fmao Stock Issued During Period Directors Stock Awards
StockIssuedDuringPeriodDirectorsStockAwards
120000
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2025
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2626000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
280873000
us-gaap Profit Loss
ProfitLoss
12467000
us-gaap Profit Loss
ProfitLoss
16373000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
1667000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
1418000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-778000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1108000
fmao Capitalized Additions To Servicing Rights
CapitalizedAdditionsToServicingRights
2409000
fmao Capitalized Additions To Servicing Rights
CapitalizedAdditionsToServicingRights
354000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
323000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
85000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
828000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
398000
fmao Amortization Of Customer List Intangible
AmortizationOfCustomerListIntangible
61000
fmao Amortization Of Customer List Intangible
AmortizationOfCustomerListIntangible
61000
fmao Amortization Accretion Of Fair Value Adjustments
AmortizationAccretionOfFairValueAdjustments
-1901000
fmao Amortization Accretion Of Fair Value Adjustments
AmortizationAccretionOfFairValueAdjustments
-2070000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
58000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
57000
us-gaap Share Based Compensation
ShareBasedCompensation
606000
us-gaap Share Based Compensation
ShareBasedCompensation
432000
fmao Share Based Compensation Director Stock Awards
ShareBasedCompensationDirectorStockAwards
180000
fmao Share Based Compensation Director Stock Awards
ShareBasedCompensationDirectorStockAwards
120000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
960000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2208000
fmao Provision For Credit Lossesoff Balance Sheet Credit Exposures
ProvisionForCreditLossesoffBalanceSheetCreditExposures
-67000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
175000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
861000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
14980000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
47063000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
14523000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
51408000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
271000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-891000
fmao Increase In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseInCashSurrenderValueOfBankOwnedLifeInsurance
397000
fmao Increase In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseInCashSurrenderValueOfBankOwnedLifeInsurance
316000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
6648000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
298000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6765000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22435000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
6856000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
19479000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
21963000
fmao Payments To Acquire Available For Sale Securities Debt Including Adjustment For Securities Acquired In Acquisition
PaymentsToAcquireAvailableForSaleSecuritiesDebtIncludingAdjustmentForSecuritiesAcquiredInAcquisition
25884000
fmao Proceeds To Acquire Sales Of Other Securities
ProceedsToAcquireSalesOfOtherSecurities
399000
fmao Payments To Acquire Sales Of Other Securities
PaymentsToAcquireSalesOfOtherSecurities
8135000
fmao Payments To Acquire Sales Of Other Securities
PaymentsToAcquireSalesOfOtherSecurities
573000
us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
957000
us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
4229000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
430000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5719000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
984000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
157793000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
176649000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-141472000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-179952000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
430000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
31823000
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-2639000
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
42676000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
345000000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
20000000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
205632000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
1388000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
10000000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
40000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
54000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5663000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4924000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
121491000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48133000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13216000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-109384000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
84409000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
180823000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
71193000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
71439000
us-gaap Interest Paid Net
InterestPaidNet
21463000
us-gaap Interest Paid Net
InterestPaidNet
5647000
us-gaap Income Taxes Paid
IncomeTaxesPaid
4000000
us-gaap Income Taxes Paid
IncomeTaxesPaid
3060000
us-gaap Dividends
Dividends
2834000
us-gaap Dividends
Dividends
2626000
CY2022Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
125
CY2023Q2 fmao Business Acquisitions Pro Forma Net Interest Income Before Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeBeforeProvisionForLoanLosses
20118000
CY2022Q2 fmao Business Acquisitions Pro Forma Net Interest Income Before Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeBeforeProvisionForLoanLosses
23097000
fmao Business Acquisitions Pro Forma Net Interest Income Before Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeBeforeProvisionForLoanLosses
41800000
fmao Business Acquisitions Pro Forma Net Interest Income Before Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeBeforeProvisionForLoanLosses
44063000
CY2023Q2 fmao Business Acquisitions Pro Forma Provision For Loan Losses
BusinessAcquisitionsProFormaProvisionForLoanLosses
14000
CY2022Q2 fmao Business Acquisitions Pro Forma Provision For Loan Losses
BusinessAcquisitionsProFormaProvisionForLoanLosses
1628000
fmao Business Acquisitions Pro Forma Provision For Loan Losses
BusinessAcquisitionsProFormaProvisionForLoanLosses
831000
fmao Business Acquisitions Pro Forma Provision For Loan Losses
BusinessAcquisitionsProFormaProvisionForLoanLosses
2121000
CY2023Q2 fmao Business Acquisitions Pro Forma Net Interest Income After Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeAfterProvisionForLoanLosses
20104000
CY2022Q2 fmao Business Acquisitions Pro Forma Net Interest Income After Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeAfterProvisionForLoanLosses
21469000
fmao Business Acquisitions Pro Forma Net Interest Income After Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeAfterProvisionForLoanLosses
40969000
fmao Business Acquisitions Pro Forma Net Interest Income After Provision For Loan Losses
BusinessAcquisitionsProFormaNetInterestIncomeAfterProvisionForLoanLosses
41942000
CY2023Q2 fmao Business Acquisitions Pro Forma Noninterest Income
BusinessAcquisitionsProFormaNoninterestIncome
4272000
CY2022Q2 fmao Business Acquisitions Pro Forma Noninterest Income
BusinessAcquisitionsProFormaNoninterestIncome
3438000
fmao Business Acquisitions Pro Forma Noninterest Income
BusinessAcquisitionsProFormaNoninterestIncome
8449000
fmao Business Acquisitions Pro Forma Noninterest Income
BusinessAcquisitionsProFormaNoninterestIncome
7921000
CY2023Q2 fmao Business Acquisitions Pro Forma Noninterest Expense
BusinessAcquisitionsProFormaNoninterestExpense
16756000
CY2022Q2 fmao Business Acquisitions Pro Forma Noninterest Expense
BusinessAcquisitionsProFormaNoninterestExpense
14344000
fmao Business Acquisitions Pro Forma Noninterest Expense
BusinessAcquisitionsProFormaNoninterestExpense
33653000
fmao Business Acquisitions Pro Forma Noninterest Expense
BusinessAcquisitionsProFormaNoninterestExpense
28839000
CY2023Q2 fmao Business Acquisitions Pro Forma Income Loss Before Income Taxes
BusinessAcquisitionsProFormaIncomeLossBeforeIncomeTaxes
7620000
CY2022Q2 fmao Business Acquisitions Pro Forma Income Loss Before Income Taxes
BusinessAcquisitionsProFormaIncomeLossBeforeIncomeTaxes
10563000
fmao Business Acquisitions Pro Forma Income Loss Before Income Taxes
BusinessAcquisitionsProFormaIncomeLossBeforeIncomeTaxes
15765000
fmao Business Acquisitions Pro Forma Income Loss Before Income Taxes
BusinessAcquisitionsProFormaIncomeLossBeforeIncomeTaxes
21024000
CY2023Q2 fmao Business Acquisitions Pro Forma Income Taxes Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxesExpenseBenefit
1549000
CY2022Q2 fmao Business Acquisitions Pro Forma Income Taxes Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxesExpenseBenefit
2071000
fmao Business Acquisitions Pro Forma Income Taxes Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxesExpenseBenefit
3151000
fmao Business Acquisitions Pro Forma Income Taxes Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxesExpenseBenefit
4093000
CY2023Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
6071000
CY2022Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
8492000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
12614000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
16931000
CY2023Q2 fmao Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
0.45
CY2022Q2 fmao Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
0.63
fmao Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
0.93
fmao Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
1.25
CY2023Q2 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
342000
us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
709000
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
408697000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
69000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
45541000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
363225000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
439186000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
69000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
48466000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
390789000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
499000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
14126000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
45042000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
344860000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
45541000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
358986000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
6965000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
99357000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
41501000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
286095000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
48466000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
385452000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
12000
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
903000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-891000
fmao Available For Sale Securities Gross Realized Gain Loss Tax Expenses Benefit
AvailableForSaleSecuritiesGrossRealizedGainLossTaxExpensesBenefit
-187000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
20116000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
19736000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
238773000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
213819000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
50560000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
44150000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
3882000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
3864000
CY2023Q2 fmao Available For Sale Debt Securities Amortized Cost Basis Excluding Mortgage Backed Securities
AvailableForSaleDebtSecuritiesAmortizedCostBasisExcludingMortgageBackedSecurities
313331000
CY2023Q2 fmao Available For Sale Securities Debt Maturities Fair Value Excluding Mortgage Backed Securities
AvailableForSaleSecuritiesDebtMaturitiesFairValueExcludingMortgageBackedSecurities
281569000
CY2023Q2 fmao Mortgage Backed Securities Available For Sale Amortized Cost
MortgageBackedSecuritiesAvailableForSaleAmortizedCost
95366000
CY2023Q2 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
81656000
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
408697000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
363225000
CY2023Q2 us-gaap Debt Securities
DebtSecurities
242500000
CY2022Q4 us-gaap Debt Securities
DebtSecurities
134800000
CY2023Q2 us-gaap Other Investments
OtherInvestments
4000000
CY2022Q4 us-gaap Other Investments
OtherInvestments
4000000
CY2023Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2517701000
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2357903000
CY2023Q2 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-1908000
CY2022Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-1516000
CY2023Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2515793000
CY2022Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2356387000
CY2023Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
24910000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20313000
CY2023Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2490883000
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2336074000
CY2023Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2515793000
CY2022Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2356387000
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4689000
CY2023Q2 fmao Financing Receivable Allowance For Credi Tlosses Writeoffs In Current Fiscal Year
FinancingReceivableAllowanceForCrediTlossesWriteoffsInCurrentFiscalYear
109000
CY2023Q2 fmao Financing Receivable Allowance For Credit Losses Writeoffs Fiscal Year Before Current Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteoffsFiscalYearBeforeCurrentFiscalYear
24000
CY2023Q2 fmao Financing Receivable Allowance For Credit Losses Writeoffs Two Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteoffsTwoYearsBeforeLatestFiscalYear
20000
CY2023Q2 fmao Financing Receivable Allowance For Credit Losses Writeoffs Three Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteoffsThreeYearsBeforeLatestFiscalYear
29000
CY2023Q2 fmao Financing Receivable Allowance For Credit Losses Writeoffs Term Total
FinancingReceivableAllowanceForCreditLossesWriteoffsTermTotal
182000
CY2023Q2 fmao Financing Receivable Allowance For Credit Losses Writeoffs Grand Net
FinancingReceivableAllowanceForCreditLossesWriteoffsGrandNet
182000
CY2023Q2 fmao Financial Collateral Dependent Loans
FinancialCollateralDependentLoans
45000
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
4194000
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
5680000
CY2022Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
4663000
CY2022Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
4989000
CY2022Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
8857000
CY2022Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
10669000
CY2022Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1996000
CY2022Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2419000
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4689000
CY2022Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
5247000
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2022Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2022Q4 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
9660000
CY2022Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
9748000
CY2022 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
10710000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
11258000
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
3600000
CY2022Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2700000
CY2023Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1
CY2022Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2023Q2 fmao Increase Decrease In Financing Receivable Modifications
IncreaseDecreaseInFinancingReceivableModifications
411000
CY2023Q2 fmao Additional Funds Advanced With Imapired Loans
AdditionalFundsAdvancedWithImapiredLoans
0
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2023Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2022Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
fmao Maximum Time For Reevaluation
MaximumTimeForReevaluation
P12M
fmao Re Evaluation Period For Real Estate
ReEvaluationPeriodForRealEstate
P2Y
fmao Unsecured Consumer Loans Credit Card Credits And Overdraft
UnsecuredConsumerLoansCreditCardCreditsAndOverdraft
P90D
fmao Delinquent Period For Charging Down Consumer Loans
DelinquentPeriodForChargingDownConsumerLoans
P90D
fmao Litigation And Any Deficiency Charged Off Period
LitigationAndAnyDeficiencyChargedOffPeriod
P150D
fmao Delinquent Period For Charging Down Or Allocated Commercial And Agricultural Credits
DelinquentPeriodForChargingDownOrAllocatedCommercialAndAgriculturalCredits
P120D
CY2023Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
24634000
CY2023Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
143000
CY2023Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
60000
CY2023Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
193000
CY2023Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
24910000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20313000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
960000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
182000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
255000
CY2023Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
24910000
CY2022Q1 fmao Financing Receivable Allowance For Expected Credit Losses
FinancingReceivableAllowanceForExpectedCreditLosses
17847000
CY2022Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
117000
CY2022Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
142000
CY2022Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1628000
CY2022Q2 fmao Other Non Interest Income Expense Recovery Related To Unfunded
OtherNonInterestIncomeExpenseRecoveryRelatedToUnfunded
91000
CY2022Q2 fmao Financing Receivable Allowance For Expected Credit Losses
FinancingReceivableAllowanceForExpectedCreditLosses
19591000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2419000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
17172000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2034818000
CY2022Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
10669000
CY2022Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2023141000
CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1008000
CY2021Q4 fmao Financing Receivable Allowance For Expected Credit Losses
FinancingReceivableAllowanceForExpectedCreditLosses
17283000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
211000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
185000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2208000
fmao Other Non Interest Income Expense Recovery Related To Unfunded
OtherNonInterestIncomeExpenseRecoveryRelatedToUnfunded
126000
CY2022Q2 fmao Financing Receivable Allowance For Expected Credit Losses
FinancingReceivableAllowanceForExpectedCreditLosses
19591000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2419000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
17172000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2034818000
CY2022Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
10669000
CY2022Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2023141000
CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1008000
CY2021Q4 fmao Financing Receivable Allowance For Expected Credit Losses
FinancingReceivableAllowanceForExpectedCreditLosses
17283000
CY2022 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
827000
CY2022 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
298000
CY2022 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4600000
CY2022 fmao Other Non Interest Income Expense Recovery Related To Unfunded
OtherNonInterestIncomeExpenseRecoveryRelatedToUnfunded
221000
CY2022Q4 fmao Financing Receivable Allowance For Expected Credit Losses
FinancingReceivableAllowanceForExpectedCreditLosses
21575000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1996000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
19579000
CY2022Q4 fmao Financing Receivable Allowance For Credit Losses Acquired With Deteriorated Credit Quality Ending Period
FinancingReceivableAllowanceForCreditLossesAcquiredWithDeterioratedCreditQualityEndingPeriod
0
CY2022Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2356387000
CY2022Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
8857000
CY2022Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2346871000
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
659000
CY2021Q2 fmao Number Of Director Received Shares
NumberOfDirectorReceivedShares
10
CY2021Q2 fmao Compensation Annual Basis Committee Award
CompensationAnnualBasisCommitteeAward
6000
CY2021Q2 fmao Number Of Directors Received Shares
NumberOfDirectorsReceivedShares
272
CY2021Q2 fmao Number Of Directors Received Prorated Dollar Value Of Shares
NumberOfDirectorsReceivedProratedDollarValueOfShares
4
CY2021Q4 fmao Number Of Directors Received Shares
NumberOfDirectorsReceivedShares
68
CY2021Q4 fmao Compensation Annual Basis Committee Award
CompensationAnnualBasisCommitteeAward
1523
CY2022Q2 fmao Number Of Director Received Shares
NumberOfDirectorReceivedShares
12
CY2022Q2 fmao Compensation Annual Basis Committee Award
CompensationAnnualBasisCommitteeAward
10013
CY2022Q2 fmao Number Of Directors Received Shares
NumberOfDirectorsReceivedShares
240
CY2023Q2 fmao Number Of Director Received Shares
NumberOfDirectorReceivedShares
12
CY2023Q2 fmao Compensation Annual Basis Committee Award
CompensationAnnualBasisCommitteeAward
14997
CY2023Q2 fmao Number Of Directors Received Shares
NumberOfDirectorsReceivedShares
754
CY2023Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
21700
CY2023Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
562030000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6001000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
8271000
us-gaap Net Income Loss
NetIncomeLoss
12467000
us-gaap Net Income Loss
NetIncomeLoss
16373000
CY2023Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
31000
CY2022Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
21000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
62000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
42000
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
35000
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
48000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
69000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
96000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5935000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8202000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12336000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16235000
CY2023Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
13632440
CY2022Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
13065975
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
13624094
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
13066123
CY2023Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
150065
CY2022Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
108849
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
143163
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
110004
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13482375
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12957126
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13480931
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12956119
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2022Q1 fmao Number Of Security Transfer
NumberOfSecurityTransfer
1
us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
2000
CY2022 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
0
CY2023Q2 us-gaap Federal Funds Purchased
FederalFundsPurchased
21000000
CY2022Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
22600000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
30600000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
31600000
CY2023Q2 us-gaap Federal Funds Purchased
FederalFundsPurchased
21000000
CY2023Q2 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
51567000
CY2022Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
22573000
CY2022Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
54206000
CY2021Q3 us-gaap Debt Instrument Frequency Of Periodic Payment
DebtInstrumentFrequencyOfPeriodicPayment
semi-annually
CY2021Q3 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0263
CY2021Q3 us-gaap Debt Instrument Term
DebtInstrumentTerm
P5Y
CY2021Q3 us-gaap Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
1
CY2023Q2 fmao Captives Provision Existence Period
CaptivesProvisionExistencePeriod
P10Y

Files In Submission

Name View Source Status
0000950170-23-037009-index-headers.html Edgar Link pending
0000950170-23-037009-index.html Edgar Link pending
0000950170-23-037009.txt Edgar Link pending
0000950170-23-037009-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
fmao-20230630.htm Edgar Link pending
fmao-20230630.xsd Edgar Link pending
fmao-ex31_1.htm Edgar Link pending
fmao-ex31_2.htm Edgar Link pending
fmao-ex32_1.htm Edgar Link pending
fmao-ex32_2.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
fmao-20230630_cal.xml Edgar Link unprocessable
fmao-20230630_def.xml Edgar Link unprocessable
fmao-20230630_lab.xml Edgar Link unprocessable
fmao-20230630_pre.xml Edgar Link unprocessable
fmao-20230630_htm.xml Edgar Link completed
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending