Farmers & Merchants Bancshares (FMFG) Interest Expense - Debt (2016 - 2024)

Farmers & Merchants Bancshares (FMFG) has reported Interest Expense - Debt for 9 consecutive years, with $402000.0 the latest figure, recorded in Q4 2024.

• For the quarter ending Q4 2024, Interest Expense - Debt fell 6.78% year-over-year to $402000.0; the trailing twelve-month figure through Sep 2025 stood at $402000.0 (down 82.84% YoY), and the FY2024 full-year result was $2.3 million, up 181.04% from the prior year.
• Interest Expense - Debt declined to $402000.0 in Q4 2024 per FMFG's latest filing, from $648000.0 in the prior quarter.
• Across five years, Interest Expense - Debt topped out at $648000.0 in Q3 2024 and bottomed at $109.0 in Q1 2020.
• Historically, Interest Expense - Debt has averaged $253234.6 across 5 years, with a median of $192255.0 in 2021.
• The sharpest annual moves came in 2023 and 2024: Interest Expense - Debt slumped 99.86% in 2023, then surged 236401.9% in 2024.
• Over 5 years, Interest Expense - Debt stood at $196639.0 in 2020, then retreated by 2.23% to $192256.0 in 2021, then decreased by 4.39% to $183825.0 in 2022, then jumped by 134.59% to $431237.0 in 2023, then slipped by 6.78% to $402000.0 in 2024.
• According to Business Quant data, Interest Expense - Debt over the past three periods registered $402000.0, $648000.0, and $641000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.