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10-K Filing

Farmers & Merchants Bancshares, Inc. CIK: 1698022 FY 2020
Filing Information
Form Type 10-K
Accession Number 0001437749-21-006559
Period End Date 20201231
Filing Date 20210319
Fiscal Year 2020
Fiscal Period FY
XBRL Instance fmfg-20201231.xml
Balance Sheet 77 line items
Line Item Tag Value Unit Period
Allowance for loan losses LoansAndLeasesReceivableAllowance $2.59M USD Point-in-time
Allowance for loan losses LoansAndLeasesReceivableAllowance $3.30M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $39.90M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $6.66M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Federal funds sold and other interest-bearing deposits FederalFundsSoldAndOtherInterestBearingDeposits $2.46M USD Point-in-time
Common stock, share authorized (in shares) CommonStockSharesAuthorized 5.00M shares Point-in-time
Federal funds sold and other interest-bearing deposits FederalFundsSoldAndOtherInterestBearingDeposits $1.08M USD Point-in-time
Common stock, share authorized (in shares) CommonStockSharesAuthorized 5.00M shares Point-in-time
Common stock, share issued (in shares) CommonStockSharesIssued 3.01M shares Point-in-time
Cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $9.12M USD Point-in-time
Common stock, share issued (in shares) CommonStockSharesIssued 2.97M shares Point-in-time
Cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $40.98M USD Point-in-time
Certificates of deposit in other banks TimeDepositsAtCarryingValue $100.00K USD Point-in-time
Certificates of deposit in other banks TimeDepositsAtCarryingValue $850.00K USD Point-in-time
Common stock, share outstanding (in shares) CommonStockSharesOutstanding 2.97M shares Point-in-time
Common stock, share outstanding (in shares) CommonStockSharesOutstanding 3.01M shares Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $54.48M USD Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $36.53M USD Point-in-time
Securities held to maturity HeldToMaturitySecurities $23.08M USD Point-in-time
Securities held to maturity HeldToMaturitySecurities $19.51M USD Point-in-time
Equity security at fair value EquitySecuritiesFvNi $532.32K USD Point-in-time
Equity security at fair value EquitySecuritiesFvNi $552.57K USD Point-in-time
Restricted stock, at cost FederalHomeLoanBankStock $900.50K USD Point-in-time
Restricted stock, at cost FederalHomeLoanBankStock $376.20K USD Point-in-time
Mortgage loans held for sale MortgageLoansOnRealEstate $1.67M USD Point-in-time
Mortgage loans held for sale MortgageLoansOnRealEstate $242.00K USD Point-in-time
Loans, less allowance for loan losses of $3,296,538 and $2,593,715 LoansAndLeasesReceivableNetReportedAmount $521.69M USD Point-in-time
Loans, less allowance for loan losses of $3,296,538 and $2,593,715 LoansAndLeasesReceivableNetReportedAmount $359.38M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $7.74M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $5.04M USD Point-in-time
Accrued interest receivable InterestReceivable $2.06M USD Point-in-time
Accrued interest receivable InterestReceivable $1.02M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $1.22M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $1.04M USD Point-in-time
Other real estate owned OtherRealEstate $1.41M USD Point-in-time
Other real estate owned OtherRealEstate - USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $7.15M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $11.30M USD Point-in-time
Goodwill and other intangibles IntangibleAssetsNetIncludingGoodwill $7.06M USD Point-in-time
Goodwill and other intangibles IntangibleAssetsNetIncludingGoodwill - USD Point-in-time
Other assets OtherAssets $2.18M USD Point-in-time
Other assets OtherAssets $2.34M USD Point-in-time
Assets, Total Assets $677.32M USD Point-in-time
Assets, Total Assets $442.22M USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $60.66M USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $103.16M USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $315.95M USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $470.25M USD Point-in-time
Total deposits Deposits $376.61M USD Point-in-time
Total deposits Deposits $573.40M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $24.75M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $10.96M USD Point-in-time
Federal Home Loan Bank of Atlanta advances AdvancesFromFederalHomeLoanBanks $5.00M USD Point-in-time
Federal Home Loan Bank of Atlanta advances AdvancesFromFederalHomeLoanBanks - USD Point-in-time
Long-term debt LongTermDebt $16.97M USD Point-in-time
Long-term debt LongTermDebt - USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $409.62K USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $346.21K USD Point-in-time
Other liabilities OtherLiabilities $4.84M USD Point-in-time
Other liabilities OtherLiabilities $5.05M USD Point-in-time
Liabilities, Total Liabilities $625.59M USD Point-in-time
Liabilities, Total Liabilities $392.76M USD Point-in-time
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,011,255 shares in 2020 and 2,974,019 shares in 2019 CommonStockValue $29.74K USD Point-in-time
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,011,255 shares in 2020 and 2,974,019 shares in 2019 CommonStockValue $30.11K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $27.81M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $28.29M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $22.70M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $21.57M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $706.28K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $42.62K USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $51.73M USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $49.45M USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $45.39M USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $442.22M USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $677.32M USD Point-in-time
Income Statement 106 line items
Line Item Tag Value Unit Period
Loans, including fees InterestAndFeeIncomeLoansAndLeases $19.29M USD Annual
Loans, including fees InterestAndFeeIncomeLoansAndLeases $16.89M USD Annual
Investment securities - taxable InterestIncomeSecuritiesTaxable $770.39K USD Annual
Investment securities - taxable InterestIncomeSecuritiesTaxable $869.46K USD Annual
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $625.10K USD Annual
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $580.38K USD Annual
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets $76.53K USD Annual
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets $357.84K USD Annual
Total interest income InterestAndDividendIncomeOperating $20.76M USD Annual
Total interest income InterestAndDividendIncomeOperating $4.66M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $4.82M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $4.71M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $4.78M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $6.48M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $4.72M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $4.76M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $4.55M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $18.70M USD Annual
Deposits InterestExpenseDeposits $3.52M USD Annual
Deposits InterestExpenseDeposits $3.13M USD Annual
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $114.64K USD Annual
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $107.32K USD Annual
Federal Home Loan Bank advances and other borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm $222.37K USD Annual
Federal Home Loan Bank advances and other borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm $45.35K USD Annual
Total interest expense InterestExpense $924.86K USD 1 Quarter
Total interest expense InterestExpense $907.75K USD 1 Quarter
Total interest expense InterestExpense $977.29K USD 1 Quarter
Total interest expense InterestExpense $884.83K USD 1 Quarter
Total interest expense InterestExpense $3.46M USD Annual
Total interest expense InterestExpense $3.68M USD Annual
Total interest expense InterestExpense $821.38K USD 1 Quarter
Total interest expense InterestExpense $956.41K USD 1 Quarter
Total interest expense InterestExpense $721.61K USD 1 Quarter
Total interest expense InterestExpense $944.50K USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.73M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.87M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $5.57M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.77M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $4.10M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.80M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $17.30M USD Annual
Net interest income InterestIncomeExpenseNet $15.02M USD Annual
Net interest income InterestIncomeExpenseNet $3.73M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.76M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $13.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $350.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $625.00K USD Annual
Provision for loan losses ProvisionForLoanAndLeaseLosses $125.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $150.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-13.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $40.00K USD Annual
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $40.00K USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $14.98M USD Annual
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $16.68M USD Annual
Mortgage banking income FeesAndCommissionsMortgageBankingAndServicing $397.71K USD Annual
Mortgage banking income FeesAndCommissionsMortgageBankingAndServicing $1.02M USD Annual
Bank owned life insurance income BankOwnedLifeInsuranceIncome $364.73K USD Annual
Bank owned life insurance income BankOwnedLifeInsuranceIncome $188.14K USD Annual
Unrealized gain on equity security EquitySecuritiesFvNiUnrealizedGainLoss $16.23K USD Annual
Unrealized gain on equity security EquitySecuritiesFvNiUnrealizedGainLoss $10.51K USD Annual
Write down of other real estate owned GainsLossesOnSalesOfOtherRealEstate - USD Annual
Write down of other real estate owned GainsLossesOnSalesOfOtherRealEstate $-210.15K USD Annual
Gain on sale of SBA loans GainLossOnSalesOfLoansNet $125.52K USD Annual
Gain on sale of SBA loans GainLossOnSalesOfLoansNet $139.53K USD Annual
Total noninterest income NoninterestIncome $2.07M USD Annual
Total noninterest income NoninterestIncome $1.49M USD Annual
Salaries LaborAndRelatedExpense $5.47M USD Annual
Salaries LaborAndRelatedExpense $6.14M USD Annual
Employee benefits EmployeeBenefitsAndShareBasedCompensation $1.66M USD Annual
Employee benefits EmployeeBenefitsAndShareBasedCompensation $1.35M USD Annual
Occupancy OccupancyNet $758.36K USD Annual
Occupancy OccupancyNet $771.92K USD Annual
Furniture and equipment EquipmentExpense $614.54K USD Annual
Furniture and equipment EquipmentExpense $840.89K USD Annual
Acquisition BusinessCombinationAcquisitionRelatedCosts - USD Annual
Acquisition BusinessCombinationAcquisitionRelatedCosts $3.24M USD Annual
Other OtherNoninterestExpense $2.66M USD Annual
Other OtherNoninterestExpense $2.95M USD Annual
Total noninterest expense NoninterestExpense $15.58M USD Annual
Total noninterest expense NoninterestExpense $10.88M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $3.17M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $5.60M USD Annual
Income taxes IncomeTaxExpenseBenefit $487.21K USD Annual
Income taxes IncomeTaxExpenseBenefit $1.04M USD Annual
Net income NetIncomeLoss $417.39K USD 1 Quarter
Net income NetIncomeLoss $1.06M USD 1 Quarter
Net income NetIncomeLoss $1.04M USD 1 Quarter
Net income NetIncomeLoss $385.25K USD 1 Quarter
Net income NetIncomeLoss $2.68M USD Annual
Net income NetIncomeLoss $843.31K USD 1 Quarter
Net income NetIncomeLoss $1.23M USD 1 Quarter
Net income NetIncomeLoss $1.10M USD 1 Quarter
Net income NetIncomeLoss $1.18M USD 1 Quarter
Net income NetIncomeLoss $4.56M USD Annual
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.37 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.13 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.36 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.14 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.35 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.40 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.90 USD Annual
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.28 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $1.54 USD Annual
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.42 USD 1 Quarter
Cash Flow Statement 114 line items
Line Item Tag Value Unit Period
Interest received ProceedsFromInterestReceived $21.07M USD Annual
Interest received ProceedsFromInterestReceived $18.65M USD Annual
Fees and commissions received ProceedsFromCommissionsReceived $1.46M USD Annual
Fees and commissions received ProceedsFromCommissionsReceived $1.75M USD Annual
Interest paid InterestPaidNet $3.65M USD Annual
Interest paid InterestPaidNet $3.52M USD Annual
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $20.05M USD Annual
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $51.40M USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $19.72M USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $51.09M USD Annual
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $10.02M USD Annual
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $14.23M USD Annual
Income taxes paid IncomeTaxesPaidNet $1.06M USD Annual
Income taxes paid IncomeTaxesPaidNet $930.43K USD Annual
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.72M USD Annual
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $4.45M USD Annual
Proceeds from maturity and call of securities Available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $22.22M USD Annual
Proceeds from maturity and call of securities Available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $8.51M USD Annual
Proceeds from maturity and call of securities Held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.96M USD Annual
Proceeds from maturity and call of securities Held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.10M USD Annual
Proceeds from sale of securities Available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD Annual
Proceeds from sale of securities Available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $2.02M USD Annual
Purchase of securities Available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $28.84M USD Annual
Purchase of securities Available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $17.76M USD Annual
Held to maturity PaymentsToAcquireHeldToMaturitySecurities $2.46M USD Annual
Held to maturity PaymentsToAcquireHeldToMaturitySecurities $5.47M USD Annual
Cash paid for the acquisition of Carroll Bancorp, Inc., net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $19.37M USD Annual
Cash paid for the acquisition of Carroll Bancorp, Inc., net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD Annual
Loans made to customers, net of principal collected PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected $19.48M USD Annual
Loans made to customers, net of principal collected PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected $19.95M USD Annual
Proceeds from sale of SBA loans ProceedsFromSaleOfLoansReceivable $1.23M USD Annual
Proceeds from sale of SBA loans ProceedsFromSaleOfLoansReceivable $1.58M USD Annual
Redemption of restricted stock PaymentsForProceedsFromFederalHomeLoanBankStock $-402.40K USD Annual
Redemption of restricted stock PaymentsForProceedsFromFederalHomeLoanBankStock $-199.60K USD Annual
Purchases of premises and equipment PaymentsToAcquireProductiveAssets $387.11K USD Annual
Purchases of premises and equipment PaymentsToAcquireProductiveAssets $256.56K USD Annual
Cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-45.70M USD Annual
Cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-29.04M USD Annual
Noninterest-bearing deposits NetChangeNoninterestBearingDepositsDomestic $21.27M USD Annual
Noninterest-bearing deposits NetChangeNoninterestBearingDepositsDomestic $-2.06M USD Annual
Interest-bearing deposits NetChangeInterestBearingDepositsDomestic $23.96M USD Annual
Interest-bearing deposits NetChangeInterestBearingDepositsDomestic $30.13M USD Annual
Securities sold under repurchase agreements ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-53.88K USD Annual
Securities sold under repurchase agreements ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $13.80M USD Annual
Federal Home Loan Bank of Atlanta advances ProceedsFromPaymentsForFederalHomeLoanBankAdvances $-8.00M USD Annual
Federal Home Loan Bank of Atlanta advances ProceedsFromPaymentsForFederalHomeLoanBankAdvances $-3.00M USD Annual
Long-term debt ProceedsFromIssuanceOfLongTermDebt - USD Annual
Long-term debt ProceedsFromIssuanceOfLongTermDebt $16.97M USD Annual
Dividends paid, net of reinvestments PaymentsOfDividends $1.07M USD Annual
Dividends paid, net of reinvestments PaymentsOfDividends $1.02M USD Annual
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $73.10M USD Annual
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $17.82M USD Annual
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.50M USD Annual
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $31.85M USD Annual
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.62M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $9.12M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $40.98M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.62M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $9.12M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $40.98M USD Point-in-time
Net income NetIncomeLoss $417.39K USD 1 Quarter
Net income NetIncomeLoss $1.06M USD 1 Quarter
Net income NetIncomeLoss $1.04M USD 1 Quarter
Net income NetIncomeLoss $385.25K USD 1 Quarter
Net income NetIncomeLoss $2.68M USD Annual
Net income NetIncomeLoss $843.31K USD 1 Quarter
Net income NetIncomeLoss $1.23M USD 1 Quarter
Net income NetIncomeLoss $1.10M USD 1 Quarter
Net income NetIncomeLoss $1.18M USD 1 Quarter
Net income NetIncomeLoss $4.56M USD Annual
Depreciation and amortization DepreciationAmortizationAndAccretionNet $415.78K USD Annual
Depreciation and amortization DepreciationAmortizationAndAccretionNet $344.17K USD Annual
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $13.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $350.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $625.00K USD Annual
Provision for loan losses ProvisionForLoanAndLeaseLosses $125.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $150.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-13.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $40.00K USD Annual
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $40.00K USD 1 Quarter
Lease expense in excess of rent paid LeaseExpenseInExcessOfRentPaid $34.06K USD Annual
Lease expense in excess of rent paid LeaseExpenseInExcessOfRentPaid $40.91K USD Annual
Write down of other real estate owned ImpairmentOfRealEstate - USD Annual
Write down of other real estate owned ImpairmentOfRealEstate $210.15K USD Annual
Equity security dividends reinvested EquitySecurityDividendsReinvested $12.26K USD Annual
Equity security dividends reinvested EquitySecurityDividendsReinvested $9.73K USD Annual
Unrealized (gain) loss on equity security EquitySecuritiesFvNiUnrealizedGainLoss $16.23K USD Annual
Unrealized (gain) loss on equity security EquitySecuritiesFvNiUnrealizedGainLoss $10.51K USD Annual
Gain on sale of SBA loans GainLossOnSalesOfLoansNet $125.52K USD Annual
Gain on sale of SBA loans GainLossOnSalesOfLoansNet $139.53K USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-53.84K USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $151.33K USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts - USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $1.41K USD Annual
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-130.57K USD Annual
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-288.96K USD Annual
Deferred loan fees IncreaseDecreaseInOtherDeferredLiability $531.44K USD Annual
Deferred loan fees IncreaseDecreaseInOtherDeferredLiability $-12.73K USD Annual
Accrued interest payable IncreaseDecreaseInInterestPayableNet $63.41K USD Annual
Accrued interest payable IncreaseDecreaseInInterestPayableNet $34.73K USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $163.90K USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $557.90K USD Annual
Mortgage loans held for sale IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale $-331.64K USD Annual
Mortgage loans held for sale IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale $-311.85K USD Annual
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $200.46K USD Annual
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $29.01K USD Annual
Bank owned life insurance cash surrender value IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue $188.14K USD Annual
Bank owned life insurance cash surrender value IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue $92.12K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $179.63K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $-20.16K USD Annual
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.72M USD Annual
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $4.45M USD Annual
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Unrealized gain (loss) on securities available for sale, tax expense (benefit) OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $231.93K USD Annual
Unrealized gain (loss) on securities available for sale, tax expense (benefit) OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $251.95K USD Annual
Cash dividends, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.51 USD Annual
Cash dividends, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.52 USD Annual
Balance StockholdersEquity $51.73M USD Point-in-time
Balance StockholdersEquity $49.45M USD Point-in-time
Balance StockholdersEquity $45.39M USD Point-in-time
Net income NetIncomeLoss $417.39K USD 1 Quarter
Net income NetIncomeLoss $1.06M USD 1 Quarter
Net income NetIncomeLoss $1.04M USD 1 Quarter
Net income NetIncomeLoss $385.25K USD 1 Quarter
Net income NetIncomeLoss $2.68M USD Annual
Net income NetIncomeLoss $843.31K USD 1 Quarter
Net income NetIncomeLoss $1.23M USD 1 Quarter
Net income NetIncomeLoss $1.10M USD 1 Quarter
Net income NetIncomeLoss $1.18M USD 1 Quarter
Net income NetIncomeLoss $4.56M USD Annual
Unrealized gain on securities available for sale net of income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $610.92K USD Annual
Unrealized gain on securities available for sale net of income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $663.65K USD Annual
Cash dividends DividendsCash $1.51M USD Annual
Cash dividends DividendsCash $1.55M USD Annual
Dividends reinvested StockIssuedDuringPeriodValueDividendReinvestmentPlan $481.52K USD Annual
Dividends reinvested StockIssuedDuringPeriodValueDividendReinvestmentPlan $488.42K USD Annual
Stock dividend StockIssuedDuringPeriodValueStockDividend - USD Annual
Balance StockholdersEquity $51.73M USD Point-in-time
Balance StockholdersEquity $49.45M USD Point-in-time
Balance StockholdersEquity $45.39M USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $417.39K USD 1 Quarter
Net income NetIncomeLoss $1.06M USD 1 Quarter
Net income NetIncomeLoss $1.04M USD 1 Quarter
Net income NetIncomeLoss $385.25K USD 1 Quarter
Net income NetIncomeLoss $2.68M USD Annual
Net income NetIncomeLoss $843.31K USD 1 Quarter
Net income NetIncomeLoss $1.23M USD 1 Quarter
Net income NetIncomeLoss $1.10M USD 1 Quarter
Net income NetIncomeLoss $1.18M USD 1 Quarter
Net income NetIncomeLoss $4.56M USD Annual
Net unrealized gain arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $915.60K USD Annual
Net unrealized gain arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $842.86K USD Annual
Income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $231.93K USD Annual
Income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $251.95K USD Annual
Total other comprehensive gain OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $610.92K USD Annual
Total other comprehensive gain OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $663.65K USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTax $3.35M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTax $5.17M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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