2024 Q4 Form 10-Q Financial Statement

#000095017024122145 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $41.90M
YoY Change 15.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.128M
YoY Change -52.26%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.737M
YoY Change 18.16%
% of Gross Profit
Operating Expenses $1.128M
YoY Change -52.26%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $8.109M
YoY Change 37.49%
Income Tax $1.593M
% Of Pretax Income 19.64%
Net Earnings $6.516M
YoY Change 36.4%
Net Earnings / Revenue 15.55%
Basic Earnings Per Share $0.48
Diluted Earnings Per Share $0.48
COMMON SHARES
Basic Shares Outstanding 13.70M 13.68M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $245.5M
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 $33.78M
YoY Change 6.48%
Goodwill $86.36M
YoY Change 0.0%
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 $3.389B
YoY Change 4.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $40.83M
YoY Change 86.45%
Deferred Revenue
YoY Change
Short-Term Debt $27.29M
YoY Change -10.52%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $71.12M
YoY Change 28.84%
LONG-TERM LIABILITIES
Long-Term Debt $34.79M
YoY Change 0.26%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $34.79M
YoY Change 0.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $71.12M
Total Long-Term Liabilities $34.79M
Total Liabilities $3.054B
YoY Change 4.17%
SHAREHOLDERS EQUITY
Retained Earnings $230.5M
YoY Change 5.47%
Common Stock $135.2M
YoY Change 0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.90M
YoY Change -0.94%
Treasury Stock Shares
Shareholders Equity $335.4M
YoY Change
Total Liabilities & Shareholders Equity $3.389B
YoY Change 4.78%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $6.516M
YoY Change 36.4%
Depreciation, Depletion And Amortization $1.737M
YoY Change 18.16%
Cash From Operating Activities $18.66M
YoY Change 289.62%
INVESTING ACTIVITIES
Capital Expenditures $357.0K
YoY Change -89.12%
Acquisitions
YoY Change
Other Investing Activities -$3.336M
YoY Change 147.11%
Cash From Investing Activities -$3.693M
YoY Change -20.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 37.47M
YoY Change -54.2%
NET CHANGE
Cash From Operating Activities 18.66M
Cash From Investing Activities -3.693M
Cash From Financing Activities 37.47M
Net Change In Cash 52.44M
YoY Change -36.04%
FREE CASH FLOW
Cash From Operating Activities $18.66M
Capital Expenditures $357.0K
Free Cash Flow $18.31M
YoY Change 1112.32%

Facts In Submission

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GainLossOnSaleOfOtherAssets
-49000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
49000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-49000
CY2024Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
516000
CY2023Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
586000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1603000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1388000
CY2024Q3 fmao Amortization Accretion Of Mortgage Servicing Rights Ms Rs
AmortizationAccretionOfMortgageServicingRightsMSRs
219000
CY2023Q3 fmao Amortization Accretion Of Mortgage Servicing Rights Ms Rs
AmortizationAccretionOfMortgageServicingRightsMSRs
106000
fmao Amortization Accretion Of Mortgage Servicing Rights Ms Rs
AmortizationAccretionOfMortgageServicingRightsMSRs
574000
fmao Amortization Accretion Of Mortgage Servicing Rights Ms Rs
AmortizationAccretionOfMortgageServicingRightsMSRs
429000
CY2024Q3 fmao Loan Expense
LoanExpense
244000
CY2023Q3 fmao Loan Expense
LoanExpense
241000
fmao Loan Expense
LoanExpense
724000
fmao Loan Expense
LoanExpense
809000
CY2024Q3 fmao Consulting Fees
ConsultingFees
251000
CY2023Q3 fmao Consulting Fees
ConsultingFees
179000
fmao Consulting Fees
ConsultingFees
635000
fmao Consulting Fees
ConsultingFees
640000
CY2024Q3 us-gaap Professional Fees
ProfessionalFees
453000
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
358000
us-gaap Professional Fees
ProfessionalFees
1425000
us-gaap Professional Fees
ProfessionalFees
1099000
CY2024Q3 fmao Intangible Asset Amortization
IntangibleAssetAmortization
445000
CY2023Q3 fmao Intangible Asset Amortization
IntangibleAssetAmortization
445000
fmao Intangible Asset Amortization
IntangibleAssetAmortization
1334000
fmao Intangible Asset Amortization
IntangibleAssetAmortization
1334000
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1128000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1319000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3956000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4841000
CY2024Q3 us-gaap Noninterest Expense
NoninterestExpense
17425000
CY2023Q3 us-gaap Noninterest Expense
NoninterestExpense
17044000
us-gaap Noninterest Expense
NoninterestExpense
52562000
us-gaap Noninterest Expense
NoninterestExpense
50819000
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8109000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5898000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22046000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21479000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1593000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1121000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4489000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4235000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
6516000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
4777000
us-gaap Net Income Loss
NetIncomeLoss
17557000
us-gaap Net Income Loss
NetIncomeLoss
17244000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22125
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.66125
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
6516000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
4777000
us-gaap Net Income Loss
NetIncomeLoss
17557000
us-gaap Net Income Loss
NetIncomeLoss
17244000
CY2024Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
11664000
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4514000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
12200000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2480000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-891000
CY2024Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
11664000
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-4514000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
12200000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-1589000
CY2024Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
2449000
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-947000
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
2562000
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-333000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9215000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3567000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9638000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1256000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15731000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1210000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27195000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15988000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
316543000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
5359000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1577000
CY2024Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
94000
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
434000
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2975000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
317690000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
5682000
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2000000
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
239000
CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
320000
CY2024Q2 fmao Stock Issued During Period Directors Stock Awards
StockIssuedDuringPeriodDirectorsStockAwards
186000
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2975000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
322664000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
6516000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9215000
CY2024Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
331000
CY2024Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
314000
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22125
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2998000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
335380000
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
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
4777000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3567000
CY2023Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
194000
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
343000
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2838000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
303184000
us-gaap Profit Loss
ProfitLoss
17557000
us-gaap Profit Loss
ProfitLoss
17244000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
3052000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
2587000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-905000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1150000
fmao Capitalized Additions To Servicing Rights
CapitalizedAdditionsToServicingRights
570000
fmao Capitalized Additions To Servicing Rights
CapitalizedAdditionsToServicingRights
2567000
fmao Amortization Accretion Of Mortgage Servicing Rights Ms Rs
AmortizationAccretionOfMortgageServicingRightsMSRs
574000
fmao Amortization Accretion Of Mortgage Servicing Rights Ms Rs
AmortizationAccretionOfMortgageServicingRightsMSRs
429000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1242000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1242000
fmao Amortization Of Customer List Intangible
AmortizationOfCustomerListIntangible
92000
fmao Amortization Of Customer List Intangible
AmortizationOfCustomerListIntangible
92000
fmao Amortization Accretion Of Fair Value Adjustments
AmortizationAccretionOfFairValueAdjustments
-2063000
fmao Amortization Accretion Of Fair Value Adjustments
AmortizationAccretionOfFairValueAdjustments
-2909000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
87000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
87000
us-gaap Share Based Compensation
ShareBasedCompensation
1068000
us-gaap Share Based Compensation
ShareBasedCompensation
949000
fmao Share Based Compensation Director Stock Awards
ShareBasedCompensationDirectorStockAwards
186000
fmao Share Based Compensation Director Stock Awards
ShareBasedCompensationDirectorStockAwards
180000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
598000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1420000
fmao Provision For Credit Lossesoff Balance Sheet Credit Exposures
ProvisionForCreditLossesoffBalanceSheetCreditExposures
-551000
fmao Provision For Credit Lossesoff Balance Sheet Credit Exposures
ProvisionForCreditLossesoffBalanceSheetCreditExposures
-143000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
636000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
469000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
36545000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
26337000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
37051000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
26594000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
62000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
0
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
49000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-49000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-891000
fmao Increase In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseInCashSurrenderValueOfBankOwnedLifeInsurance
717000
fmao Increase In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseInCashSurrenderValueOfBankOwnedLifeInsurance
618000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-8645000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
8307000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
29864000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11564000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
21029000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
16940000
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
56137000
fmao Proceeds To Acquire Sales Of Other Securities
ProceedsToAcquireSalesOfOtherSecurities
1573000
fmao Payments To Acquire Sales Of Other Securities
PaymentsToAcquireSalesOfOtherSecurities
1789000
fmao Payments To Acquire Sales Of Other Securities
PaymentsToAcquireSalesOfOtherSecurities
8769000
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
1518000
us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
13000
us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
1453000
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
89000
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
216000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1142000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8995000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-45672000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
170471000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
9253000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-146090000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
77350000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
106820000
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-926000
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-23679000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
15000000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
345000000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
17650000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
206146000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
10000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
664000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
199000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8924000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8497000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
64186000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
203299000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
103303000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
68773000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
142201000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
84409000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
245504000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
153182000
us-gaap Interest Paid Net
InterestPaidNet
57571000
us-gaap Interest Paid Net
InterestPaidNet
37055000
us-gaap Income Taxes Paid
IncomeTaxesPaid
1900000
us-gaap Income Taxes Paid
IncomeTaxesPaid
5000000
us-gaap Dividends
Dividends
2998000
us-gaap Dividends
Dividends
2838000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-left:6.667%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Reclassification</span></p><p style="margin-left:6.667%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:10pt;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Certain amounts within the noninterest income and noninterest expense section of the Company's consolidated statements of income have been reclassified to conform with current year presentation to provide additional information to the reader.</span></p>
CY2022Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
125
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
429406000
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
646000
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
25171000
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
404881000
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
395203000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
136000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
36861000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
358478000
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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