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Farmers & Merchants Bancorp FMAO Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

KeyCorp logo
KeyCorpKEY
$34M+3.0%
Greene County Bancorp logo
Greene County BancorpGCBC
$708K+13.3%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$570K+64.7%
Home Bancorp logo
Home BancorpHBCP
$285K+2.5%
Midland States Bancorp logo
Midland States BancorpMSBI
$2.08M-11.1%
First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$1.34M-20.6%

Other financials

Income statement

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Revenue$32.4M+15.6%
Net income$9.6M+37.8%
EPS (diluted)$0.70+37.3%

Balance sheet

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Cash & equivalents$173.5M+0.3%
Total debt$5.7M-10.4%
Total equity$375.9M+9.1%
Total assets$3.5B+2.9%

Cash flow

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Operating cash flow$7.7M-30.5%
CapEx$663.0K+71.8%
Free cash flow$7.0M-34.2%

Valuation

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Market cap$412.08M+25.6%
P/E11.5×-0.5×
P/S3.3×+0.2×

Profitability

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Net margin28.6%+2.5pp
FCF margin24.9%-13.0pp

Returns & leverage

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Return on equity10%+1.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Farmers & Merchants Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: Farmers & Merchants Bancorp’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Farmers & Merchants Bancorp's bank owned life insurance income?
Farmers & Merchants Bancorp (FMAO) reported bank owned life insurance income of $655K in Q1 2026.
How has Farmers & Merchants Bancorp's bank owned life insurance income changed year-over-year?
Farmers & Merchants Bancorp's bank owned life insurance income increased by 168.4% year-over-year, from $244K to $655K.
What is the long-term trend for Farmers & Merchants Bancorp's bank owned life insurance income?
Over 3 years (2022 to 2025), Farmers & Merchants Bancorp's bank owned life insurance income has grown at a 25.6% compound annual growth rate (CAGR), from $691K to $1.37M.
What does bank owned life insurance income mean?
This metric represents the income earned on life insurance policies purchased by the bank on the lives of key employees or officers. It serves as a tax-advantaged vehicle to offset the costs of employee benefit plans. The income is typically derived from the increase in cash surrender value of the policies.