FARMERS & MERCHANTS BANCORP INC Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Farmers & Merchants Bancorp Inc quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Farmers & Merchants Bancorp Inc Amortization of Intangible Assets for the quarter ending March 31, 2024 was $414K, unchanged year-over-year.
  • Farmers & Merchants Bancorp Inc annual Amortization of Intangible Assets for 2023 was $1.66M, a 63.9% increase from 2022.
  • Farmers & Merchants Bancorp Inc annual Amortization of Intangible Assets for 2022 was $1.01M, a 49.3% increase from 2021.
  • Farmers & Merchants Bancorp Inc annual Amortization of Intangible Assets for 2021 was $677K, a 5.97% decline from 2020.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.