Short answer
FARMERS & MERCHANTS BANCORP INC (FMAO) filed its Q2 2026 10-Q quarterly report on Jul 29, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $46M (up 5.0% year over year) with net income of $12M.
Q2 2026 key financials · XBRL
- Revenue
- $46M
- +5.0% YoY · +5.4% QoQ
- Net income
- $12M
- +53.0% YoY · +23.2% QoQ
- EPS (diluted)
- $0.85
- +51.8% YoY · +21.4% QoQ
Source: XBRL data from the FARMERS & MERCHANTS BANCORP INC (FMAO) Q2 2026 10-Q on SEC EDGAR. USD.
FARMERS & MERCHANTS BANCORP INC Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly net income up 53.01% YoY; year-to-date net income up 45.79%, or over $6.7 million
- Net interest margin 3.48% vs 3.22% YoY; year-to-date margin 3.45% vs 3.13%
- Fixed home-loan originations $16.8 million; sold loans $15.4 million, highest quarterly volumes in two years
- Deposits up $59.7 million since March; cash and equivalents down $17.1 million
- Agricultural headwinds: tight projected 2026 margins and $3.8 million past-due agricultural real-estate loan
Risk Factors
- New regulatory risk: GENIUS Act stablecoin requirements, including reserves, reporting, audits, and supervisory oversight
- Regulatory compliance exposure: Potential stablecoin involvement could increase operating costs and legal uncertainty
- Geopolitical and trade risk: Strait of Hormuz disruptions could raise fertilizer and fuel costs for agricultural borrowers
- Agricultural credit risk: Lower commodity prices and elevated input costs could increase delinquencies, restructurings, and credit-loss provisions
- No material changes: Other 10-K risk factors remained unchanged as of June 30, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other FARMERS & MERCHANTS BANCORP INC quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.