$FMCB
FARMERS & MERCHANTS BANCORP

2024 Q1 Form 10-K Financial Statement

#000114036124013280 Filed on March 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $66.64M $253.8M
YoY Change 11.75% 27.89%
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 $698.0K $658.0K $2.500M
YoY Change 17.11% 13.64% 4.17%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $14.93M $38.37M
YoY Change 281.79% 692.75%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $31.27M $28.99M $116.6M
YoY Change 5.99% 6.69% 16.86%
Income Tax $8.544M $7.560M $28.24M
% Of Pretax Income 27.33% 26.08% 24.23%
Net Earnings $22.72M $21.43M $88.31M
YoY Change -3.5% 6.84% 17.61%
Net Earnings / Revenue 34.1% 34.8%
Basic Earnings Per Share $30.56 $116.60
Diluted Earnings Per Share $30.56 $28.55 $116.60
COMMON SHARES
Basic Shares Outstanding 743.0K 751.1K 757.3K
Diluted Shares Outstanding 743.5K 757.3K

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $738.4M $410.6M
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 $51.62M $51.91M $54.61M
YoY Change 2.37% 4.91% 3.27%
Goodwill $11.18M $11.18M
YoY Change 0.0% 0.0%
Intangibles $2.099M $2.236M
YoY Change -21.27% -20.4%
Long-Term Investments
YoY Change
Other Assets $34.82M $39.98M $39.98M
YoY Change 18.32% 26.89% 26.89%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $5.715B $5.309B $5.309B
YoY Change 11.31% -0.35% -0.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $79.46M $80.77M $77.97M
YoY Change 5.38% 11.39% 12.98%
Accrued Expenses $2.800M
YoY Change -20.0%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $79.46M $80.77M $80.77M
YoY Change 5.38% 11.39% 11.39%
LONG-TERM LIABILITIES
Long-Term Debt $10.31M $10.31M $10.31M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $10.31M $10.31M $10.31M
YoY Change 0.0% 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.46M $80.77M $80.77M
Total Long-Term Liabilities $10.31M $10.31M $10.31M
Total Liabilities $5.149B $4.759B $4.759B
YoY Change 11.34% -1.71% -1.71%
SHAREHOLDERS EQUITY
Retained Earnings $548.1M $525.4M
YoY Change 15.77% 16.76%
Common Stock $7.000K $7.000K
YoY Change -12.5% -12.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $565.2M $549.8M $549.8M
YoY Change
Total Liabilities & Shareholders Equity $5.715B $5.309B $5.309B
YoY Change 11.31% -0.35% -0.35%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $22.72M $21.43M $88.31M
YoY Change -3.5% 6.84% 17.61%
Depreciation, Depletion And Amortization $698.0K $658.0K $2.500M
YoY Change 17.11% 13.64% 4.17%
Cash From Operating Activities $34.78M -$991.0K $93.35M
YoY Change -16.54% -104.48% -8.28%
INVESTING ACTIVITIES
Capital Expenditures $410.0K $479.0K $4.972M
YoY Change -73.43% -45.07% 18.66%
Acquisitions
YoY Change
Other Investing Activities -$92.66M -$165.0M -$141.6M
YoY Change -173.02% 5.05% -54.49%
Cash From Investing Activities -$93.07M -$165.5M -$146.5M
YoY Change -174.24% 4.77% -53.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $20.36M
YoY Change 0.22%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 386.0M -91.23M -124.4M
YoY Change -271.04% -42.54% -244.14%
NET CHANGE
Cash From Operating Activities 34.78M -991.0K 93.35M
Cash From Investing Activities -93.07M -165.5M -146.5M
Cash From Financing Activities 386.0M -91.23M -124.4M
Net Change In Cash 327.8M -257.7M -177.6M
YoY Change -658.7% -12.53% 39.63%
FREE CASH FLOW
Cash From Operating Activities $34.78M -$991.0K $93.35M
Capital Expenditures $410.0K $479.0K $4.972M
Free Cash Flow $34.37M -$1.470M $88.38M
YoY Change -14.36% -106.92% -9.44%

Facts In Submission

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CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
78000
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
157031000
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
688393000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
393000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1662000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
11000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
92369000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
19926000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
94031000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
19937000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
41513000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1696000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
107496000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
28641000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
149009000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
30337000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
176
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
6
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
138
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
393000
CY2023 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
57000
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
450000
CY2021Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0
CY2022 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
393000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
393000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
482000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
480000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
875000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
875000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
21182000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
20842000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
18020000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
17792000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
5300000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
5185000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
23121000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
22023000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
172410000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
156005000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
775672000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
630895000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
199374000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
182512000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
817688000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
671585000
CY2023Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
78790000
CY2023Q4 fmcb Debt Securities Held To Maturity Past Due Principal Or Interest Payments
DebtSecuritiesHeldToMaturityPastDuePrincipalOrInterestPayments
0
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
62302000
CY2023 fmcb Proceeds From Sales And Calls Of Securities
ProceedsFromSalesAndCallsOfSecurities
39901000
CY2023 fmcb Securities Gross Realized Gains
SecuritiesGrossRealizedGains
0
CY2023 fmcb Securities Gross Realized Losses
SecuritiesGrossRealizedLosses
8199000
CY2022 fmcb Proceeds From Sales And Calls Of Securities
ProceedsFromSalesAndCallsOfSecurities
51359000
CY2022 fmcb Securities Gross Realized Gains
SecuritiesGrossRealizedGains
2000
CY2022 fmcb Securities Gross Realized Losses
SecuritiesGrossRealizedLosses
10691000
CY2021 fmcb Proceeds From Sales And Calls Of Securities
ProceedsFromSalesAndCallsOfSecurities
301320000
CY2021 fmcb Securities Gross Realized Gains
SecuritiesGrossRealizedGains
5570000
CY2021 fmcb Securities Gross Realized Losses
SecuritiesGrossRealizedLosses
3016000
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15500000
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15500000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
3665397000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
3521718000
CY2023Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
10708000
CY2022Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
9357000
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3654689000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3512361000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74965000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
66885000
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3579724000
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3445476000
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3654689000
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
571000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3512361000
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
571000
CY2023 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
6390000
CY2023 us-gaap Financing Receivable Modification To Total Financing Receivables Percent
FinancingReceivableModificationToTotalFinancingReceivablesPercent
0.0017
CY2023Q4 fmcb Financing Receivable Modified Loss Exposure
FinancingReceivableModifiedLossExposure
0
CY2023 fmcb Financing Receivable Past Due Period For Loan To Be Considered In Default
FinancingReceivablePastDuePeriodForLoanToBeConsideredInDefault
P90D
CY2023 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1311000
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
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3654689000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74965000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3512361000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
66885000
CY2023Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
338204000
CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
371281000
CY2023Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
391245000
CY2023Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
291260000
CY2023Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
106279000
CY2023Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
549753000
CY2023Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
1606667000
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3654689000
CY2023 us-gaap Financing Receivable Year One Originated Current Fiscal Year Writeoff
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff
41000
CY2023 us-gaap Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
3000
CY2023 us-gaap Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
0
CY2023 us-gaap Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0
CY2023 us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
0
CY2023 us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
16000
CY2023 us-gaap Financing Receivable Revolving Writeoff
FinancingReceivableRevolvingWriteoff
0
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
60000
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
CY2022 us-gaap Financing Receivable Year One Originated Current Fiscal Year Writeoff
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff
40000
CY2022 us-gaap Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
6000
CY2022 us-gaap Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
177000
CY2022 us-gaap Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
247000
CY2022 us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
82000
CY2022 us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
29000
CY2022 us-gaap Financing Receivable Revolving Writeoff
FinancingReceivableRevolvingWriteoff
0
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
581000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17521000
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
18128000
CY2023 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
1706000
CY2022 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
523000
CY2023 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
2192000
CY2022 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
1130000
CY2023Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17035000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17521000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
66885000
CY2023 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
7750000
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
60000
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
390000
CY2023 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
-330000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74965000
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
CY2023Q4 fmcb Collateral Dependent Loans And Lease Amortized Cost
CollateralDependentLoansAndLeaseAmortizedCost
9884000
CY2022Q4 fmcb Collateral Dependent Loans And Lease Amortized Cost
CollateralDependentLoansAndLeaseAmortizedCost
14473000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
92209000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
88459000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40302000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
38983000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
51907000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
49476000
CY2023 us-gaap Depreciation
Depreciation
2500000
CY2022 us-gaap Depreciation
Depreciation
2400000
CY2021 us-gaap Depreciation
Depreciation
2600000
CY2023 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
749000
CY2022 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
640000
CY2021 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
491000
CY2023Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
873000
CY2022Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
873000
CY2023Q4 fmcb Time Deposits Less Than Or Equal To250000
TimeDepositsLessThanOrEqualTo250000
325798000
CY2022Q4 fmcb Time Deposits Less Than Or Equal To250000
TimeDepositsLessThanOrEqualTo250000
202554000
CY2023Q4 fmcb Time Deposits250000 Or More
TimeDeposits250000OrMore
318830000
CY2022Q4 fmcb Time Deposits250000 Or More
TimeDeposits250000OrMore
128846000
CY2023Q4 us-gaap Time Deposits
TimeDeposits
644628000
CY2022Q4 us-gaap Time Deposits
TimeDeposits
331400000
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
612052000
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
25996000
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
4840000
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
687000
CY2023Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
1053000
CY2023Q4 us-gaap Time Deposits
TimeDeposits
644628000
CY2023Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2300000000
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1500000000
CY2023 fmcb Line Of Credit Facility Average Interest Rate
LineOfCreditFacilityAverageInterestRate
0.055
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1300000000
CY2023 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.055
CY2023Q4 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
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