Farmers & Merchants Bancshares, Inc. Quarterly Interest Expense in USD from Q1 2016 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Farmers & Merchants Bancshares, Inc. quarterly/annual Interest Expense history and growth rate from Q1 2016 to Q1 2024.
  • Farmers & Merchants Bancshares, Inc. Interest Expense for the quarter ending March 31, 2024 was $3.89M, a 179% increase year-over-year.
  • Farmers & Merchants Bancshares, Inc. Interest Expense for the twelve months ending March 31, 2024 was $12.4M, a 311% increase year-over-year.
  • Farmers & Merchants Bancshares, Inc. annual Interest Expense for 2023 was $9.91M, a 362% increase from 2022.
  • Farmers & Merchants Bancshares, Inc. annual Interest Expense for 2022 was $2.15M, a 23.5% decline from 2021.
  • Farmers & Merchants Bancshares, Inc. annual Interest Expense for 2021 was $2.81M, a 18.9% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $12.4M $3.89M +$2.5M +179% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-14
Q4 2023 $9.91M $3.58M +$2.96M +475% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-11
Q3 2023 $6.95M $2.81M +$2.32M +469% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-14
Q2 2023 $4.63M $2.11M +$1.61M +320% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-14
Q1 2023 $3.02M $1.4M +$870K +165% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-14
Q4 2022 $2.15M $623K +$16K +2.63% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-11
Q3 2022 $2.13M $494K -$168K -25.4% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $2.3M $503K -$236K -31.9% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-14
Q1 2022 $2.53M $526K -$272K -34.1% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
Q4 2021 $2.81M $607K -$300K -33.1% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-10
Q3 2021 $3.11M $662K -$59.3K -8.22% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-14
Q2 2021 $3.17M $739K -$146K -16.5% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-15
Q1 2021 $3.31M $797K -$147K -15.6% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-13
Q4 2020 $3.46M $908K -$69.6K -7.12% Oct 1, 2020 Dec 31, 2020 10-K 2021-03-19
Q3 2020 $3.53M $722K -$235K -24.6% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-15
Q2 2020 $3.76M $885K -$40K -4.33% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-16
Q1 2020 $3.8M $945K +$123K +15% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-17
Q4 2019 $3.68M $977K +$251K +34.5% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-19
Q3 2019 $3.43M $956K +$292K +44% Jul 1, 2019 Sep 30, 2019 10-K 2021-03-19
Q2 2019 $3.14M $925K +$344K +59.2% Apr 1, 2019 Jun 30, 2019 10-K 2021-03-19
Q1 2019 $2.79M $821K +$286K +53.3% Jan 1, 2019 Mar 31, 2019 10-K 2021-03-19
Q4 2018 $2.51M $727K +$260K +55.9% Oct 1, 2018 Dec 31, 2018 10-K 2020-03-06
Q3 2018 $2.25M $664K +$221K +50% Jul 1, 2018 Sep 30, 2018 10-K 2020-03-06
Q2 2018 $2.03M $581K +$168K +40.8% Apr 1, 2018 Jun 30, 2018 10-K 2020-03-06
Q1 2018 $1.86M $536K +$150K +38.9% Jan 1, 2018 Mar 31, 2018 10-K 2020-03-06
Q4 2017 $1.71M $466K +$97.2K +26.4% Oct 1, 2017 Dec 31, 2017 10-K 2019-03-21
Q3 2017 $1.61M $443K +$103K +30.2% Jul 1, 2017 Sep 30, 2017 10-K 2019-03-21
Q2 2017 $1.51M $413K +$90.1K +27.9% Apr 1, 2017 Jun 30, 2017 10-K 2019-03-21
Q1 2017 $1.42M $386K +$71.1K +22.6% Jan 1, 2017 Mar 31, 2017 10-K 2019-03-21
Q4 2016 $1.35M $369K Oct 1, 2016 Dec 31, 2016 10-K 2018-03-28
Q3 2016 $340K Jul 1, 2016 Sep 30, 2016 10-K 2018-03-28
Q2 2016 $323K Apr 1, 2016 Jun 30, 2016 10-K 2018-03-28
Q1 2016 $315K Jan 1, 2016 Mar 31, 2016 10-K 2018-03-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.