FARMERS & MERCHANTS BANCORP INC Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Farmers & Merchants Bancorp Inc quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Farmers & Merchants Bancorp Inc Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $1.59M, a 42.1% increase year-over-year.
  • Farmers & Merchants Bancorp Inc Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $5.82M, a 2.02% decline year-over-year.
  • Farmers & Merchants Bancorp Inc annual Income Tax Expense (Benefit) for 2023 was $5.57M, a 30.1% decline from 2022.
  • Farmers & Merchants Bancorp Inc annual Income Tax Expense (Benefit) for 2022 was $7.96M, a 32.6% increase from 2021.
  • Farmers & Merchants Bancorp Inc annual Income Tax Expense (Benefit) for 2021 was $6M, a 17.4% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $5.57M -$2.39M -30.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-27
2022 $7.96M +$1.96M +32.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-27
2021 $6M +$891K +17.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $5.11M +$751K +17.2% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $4.36M +$1.06M +32.1% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-22
2018 $3.3M -$1.88M -36.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $5.18M +$527K +11.3% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-26
2016 $4.66M +$837K +21.9% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $3.82M -$52K -1.34% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $3.87M +$275K +7.65% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-22
2013 $3.6M -$308K -7.89% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $3.9M +$1.01M +34.9% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $2.89M +$511K +21.5% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-26
2010 $2.38M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.