Farmers & Merchants Bancshares (FMFG) Change in Loans (2016 - 2021)

Farmers & Merchants Bancshares (FMFG) has reported Change in Loans for 6 consecutive years, with $8.1 million the latest figure, recorded in Q3 2021.

• For the quarter ending Q3 2021, Change in Loans fell 40.08% year-over-year to $8.1 million; the trailing twelve-month figure through Sep 2021 stood at $49.0 million (up 13.84% YoY), and the FY2020 full-year result was $51.4 million, up 156.39% from the prior year.
• Change in Loans declined to $8.1 million in Q3 2021 per FMFG's latest filing, from $12.0 million in the prior quarter.
• Across five years, Change in Loans topped out at $18.5 million in Q2 2020 and bottomed at $1.5 million in Q1 2019.
• Historically, Change in Loans has averaged $6.9 million across 5 years, with a median of $4.5 million in 2017.
• The sharpest annual moves came in 2017 and 2020: Change in Loans sank 61.2% in 2017, then jumped 438.53% in 2020.
• Over 5 years, Change in Loans stood at $4.5 million in 2017, then slumped by 42.98% to $2.6 million in 2018, then soared by 201.65% to $7.8 million in 2019, then soared by 107.78% to $16.2 million in 2020, then plunged by 49.68% to $8.1 million in 2021.
• According to Business Quant data, Change in Loans over the past three periods registered $8.1 million, $12.0 million, and $12.6 million for Q3 2021, Q2 2021, and Q1 2021 respectively.