Farmers & Merchants Bank of Long Beach reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 62.29 million compared to USD 77.29 million a year ago. Net income was USD 12.85 million compared to USD 25.44 million a year ago.

Basic earnings per share from continuing operations was USD 104.34 compared to USD 206.12 a year ago. Diluted earnings per share from continuing operations was USD 101.61 compared to USD 200.86 a year ago.