Farmers & Merchants Bancorp reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 52.42 million compared to USD 44.72 million a year ago. Net income was USD 21.31 million compared to USD 18.44 million a year ago. Diluted earnings per share from continuing operations was USD 28.03 compared to USD 23.58 a year ago.
For the six months, net interest income was USD 108.14 million compared to USD 86.93 million a year ago. Net income was USD 44.86 million compared to USD 35.5 million a year ago. Diluted earnings per share from continuing operations was USD 58.83 compared to USD 45.28 a year ago.