Farmers & Merchants Bancshares (FMFG) Change in Net Loans (2016 - 2019)

Farmers & Merchants Bancshares (FMFG) has reported Change in Net Loans for 4 consecutive years, with -$4.4 million the latest figure, recorded in Q1 2019.

• For the quarter ending Q1 2019, Change in Net Loans fell 184.12% year-over-year to -$4.4 million; the trailing twelve-month figure through Mar 2019 stood at $1.8 million (down 93.74% YoY), and the FY2018 full-year result was $11.4 million, down 71.72% from the prior year.
• Change in Net Loans fell to -$4.4 million in Q1 2019 per FMFG's latest filing, from $2.0 million in the prior quarter.
• Across five years, Change in Net Loans topped out at $20.0 million in Q2 2016 and bottomed at -$4.4 million in Q1 2019.
• Historically, Change in Net Loans has averaged $5.7 million across 4 years, with a median of $5.2 million in 2018.
• The sharpest annual moves came in 2017 and 2019: Change in Net Loans surged 615.3% in 2017, then tumbled 184.12% in 2019.
• Over 4 years, Change in Net Loans stood at $2.3 million in 2016, then surged by 468.96% to $12.9 million in 2017, then plunged by 84.81% to $2.0 million in 2018, then slumped by 325.37% to -$4.4 million in 2019.
• According to Business Quant data, Change in Net Loans over the past three periods registered -$4.4 million, $2.0 million, and -$2.6 million for Q1 2019, Q4 2018, and Q3 2018 respectively.