$FMCB
FARMERS & MERCHANTS BANCORP

2024 Q2 Form 10-Q Financial Statement

#000114036124025234 Filed on May 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $69.83M $66.64M
YoY Change 14.45% 11.75%
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 $745.0K $698.0K
YoY Change 17.11%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $14.93M
YoY Change 281.79%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $30.13M $31.27M
YoY Change 5.74% 5.99%
Income Tax $8.359M $8.544M
% Of Pretax Income 27.75% 27.33%
Net Earnings $21.77M $22.72M
YoY Change 2.15% -3.5%
Net Earnings / Revenue 31.17% 34.1%
Basic Earnings Per Share $29.39 $30.56
Diluted Earnings Per Share $29.39 $30.56
COMMON SHARES
Basic Shares Outstanding 742.1K 743.0K
Diluted Shares Outstanding 740.8K 743.5K

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $295.9M $738.4M
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 $51.31M $51.62M
YoY Change -0.41% 2.37%
Goodwill $11.18M $11.18M
YoY Change 0.0% 0.0%
Intangibles $1.962M $2.099M
YoY Change -22.24% -21.27%
Long-Term Investments
YoY Change
Other Assets $43.82M $34.82M
YoY Change 18.32%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $5.267B $5.715B
YoY Change 0.33% 11.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $83.90M $79.46M
YoY Change 5.38%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $83.90M $79.46M
YoY Change 5.38%
LONG-TERM LIABILITIES
Long-Term Debt $10.31M $10.31M
YoY Change 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $10.31M $10.31M
YoY Change 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.90M $79.46M
Total Long-Term Liabilities $10.31M $10.31M
Total Liabilities $4.691B $5.149B
YoY Change -0.94% 11.34%
SHAREHOLDERS EQUITY
Retained Earnings $563.4M $548.1M
YoY Change 15.33% 15.77%
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 $576.2M $565.2M
YoY Change
Total Liabilities & Shareholders Equity $5.267B $5.715B
YoY Change 0.33% 11.31%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $21.77M $22.72M
YoY Change 2.15% -3.5%
Depreciation, Depletion And Amortization $745.0K $698.0K
YoY Change 17.11%
Cash From Operating Activities $20.31M $34.78M
YoY Change -16.54%
INVESTING ACTIVITIES
Capital Expenditures $434.0K $410.0K
YoY Change -73.43%
Acquisitions
YoY Change
Other Investing Activities $10.17M -$92.66M
YoY Change -173.02%
Cash From Investing Activities $9.736M -$93.07M
YoY Change -174.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -472.5M 386.0M
YoY Change -271.04%
NET CHANGE
Cash From Operating Activities 20.31M 34.78M
Cash From Investing Activities 9.736M -93.07M
Cash From Financing Activities -472.5M 386.0M
Net Change In Cash -442.5M 327.8M
YoY Change -658.7%
FREE CASH FLOW
Cash From Operating Activities $20.31M $34.78M
Capital Expenditures $434.0K $410.0K
Free Cash Flow $19.88M $34.37M
YoY Change -14.36%

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CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
22723000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
23547000
CY2024Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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CY2023Q1 us-gaap Provision For Loan Lease And Other Losses
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CY2024Q1 us-gaap Depreciation
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698000
CY2023Q1 us-gaap Depreciation
Depreciation
596000
CY2024Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
320000
CY2023Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2024Q1 us-gaap Increase Decrease In Life Insurance Liabilities
IncreaseDecreaseInLifeInsuranceLiabilities
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CY2023Q1 us-gaap Increase Decrease In Life Insurance Liabilities
IncreaseDecreaseInLifeInsuranceLiabilities
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CY2024Q1 fmcb Gain On Boli Death Benefit
GainOnBOLIDeathBenefit
0
CY2023Q1 fmcb Gain On Boli Death Benefit
GainOnBOLIDeathBenefit
4346000
CY2024Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
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CY2023Q1 us-gaap Increase Decrease In Deferred Income Taxes
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CY2024Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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CY2023Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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CY2024Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2024Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
477000
CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4864000
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34781000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41676000
CY2024Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
41541000
CY2023Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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CY2024Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
63764000
CY2023Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
3585000
CY2024Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
1130000
CY2023Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
1350000
CY2024Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
4318000
CY2023Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
40348000
CY2024Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
11743000
CY2023Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
10817000
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
410000
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1543000
CY2024Q1 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
2285000
CY2023Q1 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
2008000
CY2024Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0
CY2023Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
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CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
125358000
CY2024Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
291494000
CY2023Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
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CY2024Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
100000000
CY2023Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
0
CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5451000
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5591000
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
386043000
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
327755000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
410642000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
588257000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
738397000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
529593000
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
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CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
3389000
CY2024Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2023Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
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CY2024Q1 fmcb Unrealized Losses Gains On Securities Available For Sale
UnrealizedLossesGainsOnSecuritiesAvailableForSale
2600000
CY2023Q1 fmcb Unrealized Losses Gains On Securities Available For Sale
UnrealizedLossesGainsOnSecuritiesAvailableForSale
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CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
259318000
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1782000
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
21244000
CY2024Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
239856000
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
199374000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3075000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
19937000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
182512000
CY2024Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
806971000
CY2024Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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92000
CY2024Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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CY2024Q1 us-gaap Held To Maturity Securities Fair Value
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649775000
CY2024Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
450000
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
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CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
137000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
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CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
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CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
450000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
9722000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
80000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
89348000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
21164000
CY2024Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
99070000
CY2024Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
21244000
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
CY2024Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
182
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
6
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
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CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
450000
CY2024Q1 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
0
CY2024Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
450000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
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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
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
424000
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
423000
CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
2230000
CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
2230000
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
20439000
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
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CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
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18087000
CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
17787000
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
5402000
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
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CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
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21009000
CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
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CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
233053000
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
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CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
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765645000
CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
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CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
259318000
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
239856000
CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
806971000
CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
649775000
CY2024Q1 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
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CY2023Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
78790000
CY2024Q1 fmcb Proceeds From Sales And Calls Of Securities
ProceedsFromSalesAndCallsOfSecurities
0
CY2024Q1 fmcb Securities Gross Realized Gains
SecuritiesGrossRealizedGains
0
CY2024Q1 fmcb Securities Gross Realized Losses
SecuritiesGrossRealizedLosses
0
CY2023Q1 fmcb Proceeds From Sales And Calls Of Securities
ProceedsFromSalesAndCallsOfSecurities
30482000
CY2023Q1 fmcb Securities Gross Realized Gains
SecuritiesGrossRealizedGains
0
CY2023Q1 fmcb Securities Gross Realized Losses
SecuritiesGrossRealizedLosses
5686000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
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CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
3665397000
CY2024Q1 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
10142000
CY2023Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
10708000
CY2024Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
3696295000
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3654689000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
75018000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74965000
CY2024Q1 us-gaap Notes Receivable Net
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3621277000
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3579724000
CY2024Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
3550000
CY2024Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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CY2024Q1 us-gaap Notes Receivable Gross
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3696295000
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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0
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2023Q4 us-gaap Notes Receivable Gross
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3654689000
CY2024Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2023Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2024Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
3696295000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
75018000
CY2023Q4 us-gaap Notes Receivable Gross
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3654689000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74965000
CY2024Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
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CY2024Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
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CY2024Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
364518000
CY2024Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
384503000
CY2024Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
286349000
CY2024Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
630215000
CY2024Q1 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
1632555000
CY2024Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
3696295000
CY2024Q1 us-gaap Financing Receivable Year One Originated Current Fiscal Year Writeoff
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10000
CY2024Q1 us-gaap Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
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0
CY2024Q1 us-gaap Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
0
CY2024Q1 us-gaap Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0
CY2024Q1 us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
0
CY2024Q1 us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
0
CY2024Q1 us-gaap Financing Receivable Revolving Writeoff
FinancingReceivableRevolvingWriteoff
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CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
10000
CY2023Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
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CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
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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
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3654689000
CY2023 us-gaap Financing Receivable Year One Originated Current Fiscal Year Writeoff
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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
CY2023Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17035000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17521000
CY2024Q1 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
250000
CY2023 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
1706000
CY2024Q1 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
89000
CY2023 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
2192000
CY2024Q1 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17196000
CY2023Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
17035000
CY2024Q1 fmcb Collateral Dependent Loans And Lease Amortized Cost
CollateralDependentLoansAndLeaseAmortizedCost
1642000
CY2023Q4 fmcb Collateral Dependent Loans And Lease Amortized Cost
CollateralDependentLoansAndLeaseAmortizedCost
9884000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74965000
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
10000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
63000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
-53000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
75018000
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
CY2024Q1 fmcb Time Deposits Less Than Or Equal To250000
TimeDepositsLessThanOrEqualTo250000
399576000
CY2023Q4 fmcb Time Deposits Less Than Or Equal To250000
TimeDepositsLessThanOrEqualTo250000
325798000
CY2024Q1 fmcb Time Deposits250000 Or More
TimeDeposits250000OrMore
477886000
CY2023Q4 fmcb Time Deposits250000 Or More
TimeDeposits250000OrMore
318830000
CY2024Q1 us-gaap Time Deposits
TimeDeposits
877462000
CY2023Q4 us-gaap Time Deposits
TimeDeposits
644628000
CY2024Q1 us-gaap Time Deposit Maturities Remainder Of Fiscal Year
TimeDepositMaturitiesRemainderOfFiscalYear
730301000
CY2024Q1 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
139979000
CY2024Q1 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
5109000
CY2024Q1 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
1066000
CY2024Q1 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
954000
CY2024Q1 fmcb Time Deposit Maturities After Year Four
TimeDepositMaturitiesAfterYearFour
53000
CY2024Q1 us-gaap Time Deposits
TimeDeposits
877462000
CY2024Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1900000000
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
2200000000
CY2024Q1 fmcb Line Of Credit Facility Average Interest Rate
LineOfCreditFacilityAverageInterestRate
0.055
CY2024Q1 fmcb Line Of Credit Facility Average Interest Rate
LineOfCreditFacilityAverageInterestRate
0.055
CY2024Q1 fmcb Reserve For Unfunded Loan Commitments
ReserveForUnfundedLoanCommitments
3700000
CY2023Q4 fmcb Reserve For Unfunded Loan Commitments
ReserveForUnfundedLoanCommitments
3700000
CY2024Q1 fmcb Investment In Affordable Housing Project Investments
InvestmentInAffordableHousingProjectInvestments
35800000
CY2023Q4 fmcb Investment In Affordable Housing Project Investments
InvestmentInAffordableHousingProjectInvestments
36500000
CY2024Q1 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
13700000
CY2023Q4 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
15500000
CY2024Q1 us-gaap Investment Tax Credit
InvestmentTaxCredit
1100000
CY2023 us-gaap Investment Tax Credit
InvestmentTaxCredit
3600000
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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FilingSummary.xml Edgar Link unprocessable
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0001140361-24-025234-index.html Edgar Link pending
0001140361-24-025234.txt Edgar Link pending
0001140361-24-025234-xbrl.zip Edgar Link pending
ef20026298_10q.htm Edgar Link pending
ef20026298_ex10-1.htm Edgar Link pending
ef20026298_ex10-2.htm Edgar Link pending
ef20026298_ex10-3.htm Edgar Link pending
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ef20026298_ex31-a.htm Edgar Link pending
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ef20026298_ex32.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
fmcb-20240331.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
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fmcb-20240331_cal.xml Edgar Link unprocessable
fmcb-20240331_def.xml Edgar Link unprocessable
fmcb-20240331_lab.xml Edgar Link unprocessable
fmcb-20240331_pre.xml Edgar Link unprocessable
ef20026298_10q_htm.xml Edgar Link completed
R36.htm Edgar Link pending
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