Farmers and Merchants Bancshares, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 |
|---|---|---|
| Assets | ||
| Cash & Equivalents | $7.2M | $13.3M |
| Accounts Receivable | — | — |
| Inventory | — | — |
| Total Current Assets | — | — |
| Property, Plant & Equipment | $5.2M | $5.4M |
| Goodwill | — | — |
| Intangible Assets (Excl. Goodwill) | $126.5K | $185.3K |
| Total Assets | $402.9M | $379.8M |
| Liabilities | ||
| Accounts Payable | — | — |
| Total Current Liabilities | — | — |
| Long-Term Debt | — | — |
| Total Liabilities | $361.1M | $340.8M |
| Stockholders' Equity | ||
| Retained Earnings | $15.3M | $12.7M |
| Total Stockholders' Equity | $41.8M | $39.0M |