2023 Q1 Form 10-K Financial Statement

#000114036123011796 Filed on March 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $59.63M $198.4M
YoY Change 38.38% 20.06%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $596.0K $579.0K $2.400M
YoY Change -9.15% -12.27% -8.81%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.910M $4.840M
YoY Change 341.81% 11.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $29.50M $27.17M $99.74M
YoY Change 29.76% 27.25% 12.93%
Income Tax $5.952M $7.114M $24.65M
% Of Pretax Income 20.18% 26.19% 24.72%
Net Earnings $23.55M $20.05M $75.09M
YoY Change 38.04% 25.57% 13.2%
Net Earnings / Revenue 39.49% 37.85%
Basic Earnings Per Share $30.80 $96.55
Diluted Earnings Per Share $30.80 $26.11 $96.55
COMMON SHARES
Basic Shares Outstanding 763.8K 769.4K 777.7K
Diluted Shares Outstanding 764.6K 777.7K

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $529.6M $588.3M
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 $50.42M $49.48M $52.88M
YoY Change 6.33% 3.66% 2.08%
Goodwill $11.18M $11.18M
YoY Change 0.0% 0.0%
Intangibles $2.666M $2.809M
YoY Change -18.07% -17.43%
Long-Term Investments
YoY Change
Other Assets $29.43M $31.51M $31.51M
YoY Change -3.08% 23.56% 23.56%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $5.134B $5.327B $5.327B
YoY Change -5.35% 2.89% 2.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $75.40M $72.51M $69.01M
YoY Change -32.51% 20.85% 15.02%
Accrued Expenses $3.500M
YoY Change -14.63%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $75.40M $72.51M $72.51M
YoY Change -32.51% 13.12% 13.12%
LONG-TERM LIABILITIES
Long-Term Debt $10.31M $10.31M $10.31M
YoY Change 0.0% 0.1% 0.1%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $10.31M $10.31M $10.31M
YoY Change 0.0% 0.1% 0.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.40M $72.51M $72.51M
Total Long-Term Liabilities $10.31M $10.31M $10.31M
Total Liabilities $4.625B $4.842B $4.842B
YoY Change -6.75% 2.7% 2.7%
SHAREHOLDERS EQUITY
Retained Earnings $473.5M $449.9M
YoY Change 17.09% 16.16%
Common Stock $8.000K $8.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $508.9M $485.3M $485.3M
YoY Change
Total Liabilities & Shareholders Equity $5.134B $5.327B $5.327B
YoY Change -5.35% 2.89% 2.89%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $23.55M $20.05M $75.09M
YoY Change 38.04% 25.57% 13.2%
Depreciation, Depletion And Amortization $596.0K $579.0K $2.400M
YoY Change -9.15% -12.27% -8.81%
Cash From Operating Activities $41.68M $22.10M $101.8M
YoY Change 44.16% 179.8% 69.73%
INVESTING ACTIVITIES
Capital Expenditures $1.543M $872.0K $4.190M
YoY Change 325.07% -181.5% 102.51%
Acquisitions
YoY Change
Other Investing Activities $126.9M -$157.1M -$311.1M
YoY Change -232.25% -31.02% 5.79%
Cash From Investing Activities $125.4M -$158.0M -$315.3M
YoY Change -230.15% -30.96% 6.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $20.31M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -225.7M -158.8M 86.32M
YoY Change -216.92% -342.03% -84.8%
NET CHANGE
Cash From Operating Activities 41.68M 22.10M 101.8M
Cash From Investing Activities 125.4M -158.0M -315.3M
Cash From Financing Activities -225.7M -158.8M 86.32M
Net Change In Cash -58.66M -294.6M -127.2M
YoY Change -146.7% 89.71% -138.36%
FREE CASH FLOW
Cash From Operating Activities $41.68M $22.10M $101.8M
Capital Expenditures $1.543M $872.0K $4.190M
Free Cash Flow $40.13M $21.23M $97.59M
YoY Change 40.59% 136.7% 68.56%

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CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3237177000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
66885000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
61007000
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3445476000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3237177000
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
571000
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
516000
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1311000
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2322000
CY2022Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedCurrentFiscalYear
0
CY2022Q4 fmcb Financing Receivable Modifications Year One Originated Current Fiscal Year
FinancingReceivableModificationsYearOneOriginatedCurrentFiscalYear
0
CY2022Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedFiscalYearBeforeCurrentFiscalYear
0
CY2022Q4 fmcb Financing Receivable Modifications Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableModificationsYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
0
CY2022Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Two Years Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedTwoYearsBeforeCurrentFiscalYear
4
CY2022Q4 fmcb Financing Receivable Modifications Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableModificationsYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
257000
CY2022Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Three Years Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedThreeYearsBeforeCurrentFiscalYear
0
CY2022Q4 fmcb Financing Receivable Modifications Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableModificationsYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
0
CY2022Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated More Than Three Years Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedMoreThanThreeYearsBeforeCurrentFiscalYear
8
CY2022Q4 fmcb Financing Receivable Modifications Originated More Than Three Years Before Current Fiscal Year
FinancingReceivableModificationsOriginatedMoreThanThreeYearsBeforeCurrentFiscalYear
1054000
CY2022Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding
FinancingReceivableModificationsNumberOfContractsOutstanding
12
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1311000
CY2021Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedFiscalYearBeforeCurrentFiscalYear
1
CY2021Q4 fmcb Financing Receivable Modifications Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableModificationsYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
49000
CY2021Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Two Years Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedTwoYearsBeforeCurrentFiscalYear
7
CY2021Q4 fmcb Financing Receivable Modifications Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableModificationsYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
974000
CY2021Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Three Years Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedThreeYearsBeforeCurrentFiscalYear
0
CY2021Q4 fmcb Financing Receivable Modifications Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableModificationsYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
0
CY2021Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated Four Years Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedFourYearsBeforeCurrentFiscalYear
1
CY2021Q4 fmcb Financing Receivable Modifications Year Four Originated Four Years Before Current Fiscal Year
FinancingReceivableModificationsYearFourOriginatedFourYearsBeforeCurrentFiscalYear
84000
CY2021Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding Originated More Than Three Years Before Current Fiscal Year
FinancingReceivableModificationsNumberOfContractsOutstandingOriginatedMoreThanThreeYearsBeforeCurrentFiscalYear
10
CY2021Q4 fmcb Financing Receivable Modifications Originated More Than Three Years Before Current Fiscal Year
FinancingReceivableModificationsOriginatedMoreThanThreeYearsBeforeCurrentFiscalYear
1215000
CY2021Q4 fmcb Financing Receivable Modifications Number Of Contracts Outstanding
FinancingReceivableModificationsNumberOfContractsOutstanding
19
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2322000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3512361000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
66885000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3237177000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
61007000
CY2022Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
407778000
CY2022Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
429879000
CY2022Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
318280000
CY2022Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
121080000
CY2022Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
174562000
CY2022Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
476340000
CY2022Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
1584442000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3512361000
CY2022Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
299575000
CY2022Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
26097000
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
18128000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
11682000
CY2022 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
523000
CY2021 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
7254000
CY2022 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
1130000
CY2021 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
808000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17521000
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
18128000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
61007000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
6057000
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
581000
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
402000
CY2022 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
179000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
66885000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
58862000
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1910000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
44000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
279000
CY2021 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
-235000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
61007000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
55012000
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
4500000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1174000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
524000
CY2020 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
650000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
58862000
CY2022Q4 fmcb Collateral Dependent Loans And Lease Amortized Cost
CollateralDependentLoansAndLeaseAmortizedCost
14473000
CY2022Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
3070000
CY2022Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
1310000
CY2022Q4 fmcb Time Deposit Maturities Year Five And Beyond
TimeDepositMaturitiesYearFiveAndBeyond
1348000
CY2022Q4 us-gaap Time Deposits
TimeDeposits
331400000
CY2021Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1194
CY2021Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
231566000
CY2021Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06
CY2021Q4 us-gaap Capital
Capital
509091000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
88459000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
85285000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
38983000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
37555000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
49476000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47730000
CY2022 us-gaap Depreciation
Depreciation
2400000
CY2021 us-gaap Depreciation
Depreciation
2600000
CY2020 us-gaap Depreciation
Depreciation
2800000
CY2022 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
640000
CY2021 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
491000
CY2020 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
434000
CY2021Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
873000
CY2022Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
873000
CY2022Q4 fmcb Time Deposits Less Than Or Equal To250000
TimeDepositsLessThanOrEqualTo250000
202554000
CY2021Q4 fmcb Time Deposits Less Than Or Equal To250000
TimeDepositsLessThanOrEqualTo250000
223620000
CY2022Q4 fmcb Time Deposits250000 Or More
TimeDeposits250000OrMore
128846000
CY2021Q4 fmcb Time Deposits250000 Or More
TimeDeposits250000OrMore
168865000
CY2022Q4 us-gaap Time Deposits
TimeDeposits
331400000
CY2021Q4 us-gaap Time Deposits
TimeDeposits
392485000
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1500000000
CY2021Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1400000000
CY2022 fmcb Line Of Credit Facility Average Interest Rate
LineOfCreditFacilityAverageInterestRate
0.045
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
651000000
CY2022 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0425
CY2021Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
0
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
0
CY2022Q4 us-gaap Beneficial Interest
BeneficialInterest
10000000
CY2022Q4 fmcb Trust Preferred Securities Liquidation Value
TrustPreferredSecuritiesLiquidationValue
1000
CY2022Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
493438000
CY2022Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1157
CY2022Q4 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
191984000
CY2022Q4 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Capital Adequacy Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioCapitalAdequacyMinimum
0.045
CY2022Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
503438000
CY2022Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.118
CY2022Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
255978000
CY2022Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06
CY2022Q4 us-gaap Capital
Capital
556964000
CY2022Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1306
CY2022Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
341305000
CY2022Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.08
CY2022Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
503438000
CY2022Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0936
CY2022Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
215201000
CY2022Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04
CY2021Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
450687000
CY2021Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1168
CY2021Q4 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
173674000
CY2021Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1319
CY2021Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
308755000
CY2021Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.08
CY2021Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
460687000
CY2021Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0892
CY2021Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
206606000
CY2021Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04
CY2022 us-gaap Net Income Loss
NetIncomeLoss
75090000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
66336000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
58734000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
777726
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
789646
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
793337
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
777726
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
789646
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
793337
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
96.55
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
84.01
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
74.03
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
96.55
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
84.01
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
74.03
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
243000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3473000
CY2022Q4 fmcb Lessee Operating Lease Lease Not Yet Commenced Number Of Leases
LesseeOperatingLeaseLeaseNotYetCommencedNumberOfLeases
0
CY2022Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
111600000
CY2021Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
96400000
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10638000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12595000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12174000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3400000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3500000
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
730000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4050000.00
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4130000
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
739000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
833000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
704000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
709000
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y5M23D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.026
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.026
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
720000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
716000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
714000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
679000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
367000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
520000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3716000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9683000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10270000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9005000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
20321000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22865000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
21179000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3744000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
59000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1115000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
586000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-939000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-847000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4330000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-880000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1962000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24651000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21985000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19217000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
20946000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
18548000
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16370000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8112000
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0813
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7370000
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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Files In Submission

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