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10-Q Filing

Farmers & Merchants Bancshares, Inc. CIK: 1698022 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001437749-22-012261
Period End Date 20220331
Filing Date 20220513
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance fmfg20220331_10q_htm.xml
Balance Sheet 78 line items
Line Item Tag Value Unit Period
Allowance for loan losses LoansAndLeasesReceivableAllowance $3.65M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $25.26M USD Point-in-time
Allowance for loan losses LoansAndLeasesReceivableAllowance $3.65M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $26.51M 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 $632.83K USD Point-in-time
Federal funds sold and other interest-bearing deposits FederalFundsSoldAndOtherInterestBearingDeposits $1.20M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $26.46M USD Point-in-time
Common stock, share authorized (in shares) CommonStockSharesAuthorized 5.00M shares Point-in-time
Common stock, share authorized (in shares) CommonStockSharesAuthorized 5.00M shares Point-in-time
Cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $27.14M USD Point-in-time
Certificates of deposit in other banks TimeDepositsAtCarryingValue $350.00K USD Point-in-time
Common stock, share issued (in shares) CommonStockSharesIssued 3.04M shares Point-in-time
Certificates of deposit in other banks TimeDepositsAtCarryingValue $350.00K USD Point-in-time
Common stock, share issued (in shares) CommonStockSharesIssued 3.04M shares Point-in-time
Securities available for sale, at fair value AvailableForSaleSecuritiesDebtSecurities $149.24M USD Point-in-time
Securities available for sale, at fair value AvailableForSaleSecuritiesDebtSecurities $145.72M USD Point-in-time
Common stock, share outstanding (in shares) CommonStockSharesOutstanding 3.04M shares Point-in-time
Common stock, share outstanding (in shares) CommonStockSharesOutstanding 3.04M shares Point-in-time
Securities held to maturity, at cost HeldToMaturitySecurities $21.85M USD Point-in-time
Securities held to maturity, at cost HeldToMaturitySecurities $21.34M USD Point-in-time
Equity security at fair value EquitySecuritiesFvNi $543.61K USD Point-in-time
Equity security at fair value EquitySecuritiesFvNi $518.09K USD Point-in-time
Restricted stock, at cost FederalHomeLoanBankStock $675.40K USD Point-in-time
Restricted stock, at cost FederalHomeLoanBankStock $695.00K USD Point-in-time
Mortgage loans held for sale MortgageLoansOnRealEstate $285.00K USD Point-in-time
Mortgage loans held for sale MortgageLoansOnRealEstate $126.50K USD Point-in-time
Loans, less allowance for loan losses of $3,654,318 and $3,650,268 LoansAndLeasesReceivableNetReportedAmount $483.91M USD Point-in-time
Loans, less allowance for loan losses of $3,654,318 and $3,650,268 LoansAndLeasesReceivableNetReportedAmount $482.01M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $6.27M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $6.26M USD Point-in-time
Accrued interest receivable InterestReceivable $1.61M USD Point-in-time
Accrued interest receivable InterestReceivable $1.56M USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxAssetsNet $4.63M USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxAssetsNet $2.18M USD Point-in-time
Other real estate owned, net OtherRealEstate $1.24M USD Point-in-time
Other real estate owned, net OtherRealEstate $1.24M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $11.61M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $11.56M USD Point-in-time
Goodwill and other intangibles, net IntangibleAssetsNetIncludingGoodwill $7.05M USD Point-in-time
Goodwill and other intangibles, net IntangibleAssetsNetIncludingGoodwill $7.05M USD Point-in-time
Other assets OtherAssets $5.60M USD Point-in-time
Other assets OtherAssets $5.52M USD Point-in-time
Assets, Total Assets $717.92M USD Point-in-time
Assets, Total Assets $716.68M USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $124.18M USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $132.63M USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $501.15M USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $502.24M USD Point-in-time
Total deposits Deposits $626.41M USD Point-in-time
Total deposits Deposits $633.78M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $4.08M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $5.41M 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 $5.00M USD Point-in-time
Long-term debt, net of issuance costs LongTermDebt $16.98M USD Point-in-time
Long-term debt, net of issuance costs LongTermDebt $16.55M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $276.57K USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $295.91K USD Point-in-time
Other liabilities OtherLiabilities $6.02M USD Point-in-time
Other liabilities OtherLiabilities $5.95M USD Point-in-time
Liabilities, Total Liabilities $665.72M USD Point-in-time
Liabilities, Total Liabilities $660.06M USD Point-in-time
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,037,137 in 2022 and 2021 CommonStockValue $30.37K USD Point-in-time
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,037,137 in 2022 and 2021 CommonStockValue $30.37K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $28.86M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $28.86M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $31.18M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $29.13M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.39M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-7.86M 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 $52.21M USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $53.11M USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $56.62M USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $716.68M USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $717.92M USD Point-in-time
Income Statement 57 line items
Line Item Tag Value Unit Period
Loans, including fees InterestAndFeeIncomeLoansAndLeases $5.98M USD 1 Quarter
Loans, including fees InterestAndFeeIncomeLoansAndLeases $5.68M USD 1 Quarter
Investment securities - taxable InterestIncomeSecuritiesTaxable $211.22K USD 1 Quarter
Investment securities - taxable InterestIncomeSecuritiesTaxable $644.46K USD 1 Quarter
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $160.57K USD 1 Quarter
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $149.49K USD 1 Quarter
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets $12.41K USD 1 Quarter
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets $14.14K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $6.49M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $6.37M USD 1 Quarter
Deposits InterestExpenseDeposits $338.56K USD 1 Quarter
Deposits InterestExpenseDeposits $595.52K USD 1 Quarter
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $13.51K USD 1 Quarter
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $3.25K USD 1 Quarter
Federal Home Loan Bank advances and other borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm $183.82K USD 1 Quarter
Federal Home Loan Bank advances and other borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm $188.11K USD 1 Quarter
Total interest expense InterestExpense $797.14K USD 1 Quarter
Total interest expense InterestExpense $525.64K USD 1 Quarter
Net interest income InterestIncomeExpenseNet $5.57M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $5.96M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $120.00K USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $5.45M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $5.96M USD 1 Quarter
Mortgage banking income FeesAndCommissionsMortgageBankingAndServicing $256.27K USD 1 Quarter
Mortgage banking income FeesAndCommissionsMortgageBankingAndServicing $122.69K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $52.99K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $70.12K USD 1 Quarter
Fair value adjustment on equity security EquitySecuritiesFvNiUnrealizedGainLoss $-26.82K USD 1 Quarter
Fair value adjustment on equity security EquitySecuritiesFvNiUnrealizedGainLoss $-8.67K USD 1 Quarter
Gain on sale of SBA loans GainLossOnSalesOfLoansNet - USD 1 Quarter
Gain on sale of SBA loans GainLossOnSalesOfLoansNet $93.60K USD 1 Quarter
Gain on premium call of debt security DebtSecuritiesAvailableForSaleRealizedGainLoss - USD 1 Quarter
Gain on premium call of debt security DebtSecuritiesAvailableForSaleRealizedGainLoss $8.57K USD 1 Quarter
Gain on premium call of debt security DebtSecuritiesAvailableForSaleRealizedGainLoss - USD Annual
Total noninterest income NoninterestIncome $495.81K USD 1 Quarter
Total noninterest income NoninterestIncome $556.95K USD 1 Quarter
Salaries LaborAndRelatedExpense $1.74M USD 1 Quarter
Salaries LaborAndRelatedExpense $1.63M USD 1 Quarter
Employee benefits EmployeeBenefitsAndShareBasedCompensation $472.89K USD 1 Quarter
Employee benefits EmployeeBenefitsAndShareBasedCompensation $511.79K USD 1 Quarter
Occupancy OccupancyNet $228.43K USD 1 Quarter
Occupancy OccupancyNet $250.21K USD 1 Quarter
Furniture and equipment EquipmentExpense $214.62K USD 1 Quarter
Furniture and equipment EquipmentExpense $196.68K USD 1 Quarter
Other OtherNoninterestExpense $1.10M USD 1 Quarter
Other OtherNoninterestExpense $849.00K USD 1 Quarter
Total noninterest expense NoninterestExpense $3.80M USD 1 Quarter
Total noninterest expense NoninterestExpense $3.40M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.66M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.62M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $585.70K USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $609.50K USD 1 Quarter
Net income NetIncomeLoss $2.03M USD 1 Quarter
Net income NetIncomeLoss $2.05M USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasic $0.67 USD 1 Quarter
Earnings per share - basic and diluted (in dollars per share) EarningsPerShareBasic $0.68 USD 1 Quarter
Cash Flow Statement 85 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.03M USD 1 Quarter
Net income NetIncomeLoss $2.05M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $116.11K USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $117.03K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $120.00K USD 1 Quarter
Amortization of right of use asset and lease liability, net OperatingLeaseRightOfUseAssetAmortizationExpense $2.18K USD 1 Quarter
Amortization of right of use asset and lease liability, net OperatingLeaseRightOfUseAssetAmortizationExpense - USD 1 Quarter
Lease expense in excess of rent paid LeaseExpenseInExcessOfRentPaid - USD 1 Quarter
Lease expense in excess of rent paid LeaseExpenseInExcessOfRentPaid $7.78K USD 1 Quarter
Equity security dividends reinvested EquitySecurityDividendsReinvested $1.30K USD 1 Quarter
Equity security dividends reinvested EquitySecurityDividendsReinvested $1.82K USD 1 Quarter
Unrealized loss on equity security EquitySecuritiesFvNiUnrealizedGainLoss $-26.82K USD 1 Quarter
Unrealized loss on equity security EquitySecuritiesFvNiUnrealizedGainLoss $-8.67K USD 1 Quarter
Gain on sale of SBA loans GainLossOnSalesOfLoansNet - USD 1 Quarter
Gain on sale of SBA loans GainLossOnSalesOfLoansNet $93.60K USD 1 Quarter
Gain on sale of premises and equipment GainLossOnDispositionOfAssets $37.61K USD 1 Quarter
Gain on sale of premises and equipment GainLossOnDispositionOfAssets - USD 1 Quarter
Gain on premium call of debt security DebtSecuritiesAvailableForSaleRealizedGainLoss - USD 1 Quarter
Gain on premium call of debt security DebtSecuritiesAvailableForSaleRealizedGainLoss $8.57K USD 1 Quarter
Gain on premium call of debt security DebtSecuritiesAvailableForSaleRealizedGainLoss - USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $1.41K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $1.41K USD 1 Quarter
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-69.56K USD 1 Quarter
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $212.44K USD 1 Quarter
Bank owned life insurance cash surrender value IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue $52.99K USD 1 Quarter
Bank owned life insurance cash surrender value IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue $70.12K USD 1 Quarter
Deferred loan fees and costs, net IncreaseDecreaseInOtherDeferredLiability $410.48K USD 1 Quarter
Deferred loan fees and costs, net IncreaseDecreaseInOtherDeferredLiability $-112.93K USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $-19.34K USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $-51.66K USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $106.03K USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $27.15K USD 1 Quarter
Mortgage loans held for sale IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale $158.50K USD 1 Quarter
Mortgage loans held for sale IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale $9.35K USD 1 Quarter
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-174.06K USD 1 Quarter
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-47.05K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $127.62K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-337.25K USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.57M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $3.12M USD 1 Quarter
Proceeds from maturity and call of securities, Available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $6.23M USD 1 Quarter
Proceeds from maturity and call of securities, Available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $10.45M USD 1 Quarter
Proceeds from maturity and call of securities, Held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $535.00K USD 1 Quarter
Proceeds from maturity and call of securities, Held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.58M USD 1 Quarter
Available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $31.97M USD 1 Quarter
Available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $11.78M USD 1 Quarter
Purchase of securities, Held to maturity PaymentsToAcquireHeldToMaturitySecurities $342.06K USD 1 Quarter
Purchase of securities, Held to maturity PaymentsToAcquireHeldToMaturitySecurities - USD 1 Quarter
Redemption of certificates of deposit ProceedsFromSaleOfRestrictedInvestments $500.00K USD 1 Quarter
Redemption of certificates of deposit ProceedsFromSaleOfRestrictedInvestments - USD 1 Quarter
Loans made to customers, net of principal collected PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected $2.07M USD 1 Quarter
Loans made to customers, net of principal collected PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected $-1.93M USD 1 Quarter
Proceeds from sale of loans ProceedsFromSaleOfLoansReceivable $664.65K USD 1 Quarter
Proceeds from sale of loans ProceedsFromSaleOfLoansReceivable - USD 1 Quarter
Redemption (purchase) of stock in FHLB of Atlanta PaymentsForProceedsFromFederalHomeLoanBankStock $19.60K USD 1 Quarter
Redemption (purchase) of stock in FHLB of Atlanta PaymentsForProceedsFromFederalHomeLoanBankStock $-225.10K USD 1 Quarter
Purchase of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies $3.70M USD 1 Quarter
Purchase of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies - USD 1 Quarter
Proceeds from sale of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Proceeds from sale of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.36M USD 1 Quarter
Purchases of premises, equipment and software PaymentsToAcquireProductiveAssets $36.91K USD 1 Quarter
Purchases of premises, equipment and software PaymentsToAcquireProductiveAssets $116.39K USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-6.55M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-20.00M USD 1 Quarter
Noninterest-bearing deposits NetChangeNoninterestBearingDepositsDomestic $18.77M USD 1 Quarter
Noninterest-bearing deposits NetChangeNoninterestBearingDepositsDomestic $8.45M USD 1 Quarter
Interest-bearing deposits NetChangeInterestBearingDepositsDomestic $-1.04M USD 1 Quarter
Interest-bearing deposits NetChangeInterestBearingDepositsDomestic $11.15M USD 1 Quarter
Securities sold under repurchase agreements ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-1.33M USD 1 Quarter
Securities sold under repurchase agreements ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-12.11M USD 1 Quarter
Long-term debt principal payments RepaymentsOfLongTermDebt - USD 1 Quarter
Long-term debt principal payments RepaymentsOfLongTermDebt $427.22K USD 1 Quarter
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $5.65M USD 1 Quarter
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $17.82M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $677.09K USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $938.22K USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $41.91M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $27.14M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $40.98M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $26.46M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $41.91M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $27.14M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $40.98M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $26.46M USD Point-in-time
Stockholders Equity 14 line items
Line Item Tag Value Unit Period
Unrealized gain (loss) on securities available for sale, tax expense (benefit) OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-2.45M USD 1 Quarter
Unrealized gain (loss) on securities available for sale, tax expense (benefit) OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-245.12K USD 1 Quarter
Balance StockholdersEquity $51.73M USD Point-in-time
Balance StockholdersEquity $52.21M USD Point-in-time
Balance StockholdersEquity $53.11M USD Point-in-time
Balance StockholdersEquity $56.62M USD Point-in-time
Net income NetIncomeLoss $2.03M USD 1 Quarter
Net income NetIncomeLoss $2.05M USD 1 Quarter
Unrealized loss on securities available for sale net of income tax benefit OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-6.47M USD 1 Quarter
Unrealized loss on securities available for sale net of income tax benefit OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-645.65K USD 1 Quarter
Balance StockholdersEquity $51.73M USD Point-in-time
Balance StockholdersEquity $52.21M USD Point-in-time
Balance StockholdersEquity $53.11M USD Point-in-time
Balance StockholdersEquity $56.62M USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.03M USD 1 Quarter
Net income NetIncomeLoss $2.05M USD 1 Quarter
Net unrealized loss arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-899.33K USD 1 Quarter
Net unrealized loss arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-8.92M USD 1 Quarter
Reclassification adjustment for realized gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $-8.57K USD 1 Quarter
Reclassification adjustment for realized gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax - USD 1 Quarter
Total unrealized loss on investment securities available for sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $-890.76K USD 1 Quarter
Total unrealized loss on investment securities available for sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $-8.92M USD 1 Quarter
Income tax benefit OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-2.45M USD 1 Quarter
Income tax benefit OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-245.12K USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-6.47M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-645.65K USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTax $-4.41M USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTax $1.38M USD 1 Quarter

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

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