Farmers and Merchants Bancshares, Inc.
Equity & Debt
| Fiscal Year | Long Term Debt | Share Holder Equity | Cash on Hand |
|---|---|---|---|
| FY2015 | — | $36.2M | $20.2M |
| FY2016 | — | $39.0M | $13.3M |
| FY2017 | — | $41.8M | $7.2M |
| FY2018 | — | $45.4M | $11.5M |
| FY2019 | — | $49.5M | $6.7M |
| FY2020 | $17.0M | $51.7M | $39.9M |
| FY2021 | $17.0M | $56.6M | $25.3M |
| FY2022 | $15.1M | $47.8M | $6.4M |
| FY2023 | $13.2M | $49.6M | $44.4M |
| FY2024 | $11.3M | $56.3M | $64.0M |