FARMERS & MERCHANTS BANCORP INC Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Farmers & Merchants Bancorp Inc quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Farmers & Merchants Bancorp Inc Interest Expense for the quarter ending June 30, 2024 was $19.8M, a 49.3% increase year-over-year.
  • Farmers & Merchants Bancorp Inc Interest Expense for the twelve months ending June 30, 2024 was $73.4M, a 118% increase year-over-year.
  • Farmers & Merchants Bancorp Inc annual Interest Expense for 2023 was $58.4M, a 307% increase from 2022.
  • Farmers & Merchants Bancorp Inc annual Interest Expense for 2022 was $14.4M, a 95.6% increase from 2021.
  • Farmers & Merchants Bancorp Inc annual Interest Expense for 2021 was $7.34M, a 29.4% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $58.4M +$44M +307% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-27
2022 $14.4M +$7.02M +95.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-27
2021 $7.34M -$3.05M -29.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $10.4M -$4.37M -29.6% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $14.8M +$8.19M +125% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-22
2018 $6.57M +$1.45M +28.2% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $5.13M +$904K +21.4% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-26
2016 $4.22M +$636K +17.7% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $3.59M -$129K -3.47% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $3.72M -$888K -19.3% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-22
2013 $4.6M -$1.65M -26.3% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $6.25M -$1.91M -23.4% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $8.16M -$2.71M -24.9% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-26
2010 $10.9M 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.