Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Allowance For Loans And Lease Losses : $-4.32 Mil (As of Mar. 2024)

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What is Farmers and Merchants Bancshares (MD) Allowance For Loans And Lease Losses?

Farmers and Merchants Bancshares (MD)'s Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-4.32 Mil.

Farmers and Merchants Bancshares (MD)'s quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 ($-4.52 Mil) to Dec. 2023 ($-4.29 Mil) but then declined from Dec. 2023 ($-4.29 Mil) to Mar. 2024 ($-4.32 Mil).

Farmers and Merchants Bancshares (MD)'s annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-3.65 Mil) to Dec. 2022 ($-4.15 Mil) and declined from Dec. 2022 ($-4.15 Mil) to Dec. 2023 ($-4.29 Mil).

Farmers and Merchants Bancshares (MD) Allowance For Loans And Lease Losses Historical Data

The historical data trend for Farmers and Merchants Bancshares (MD)'s Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Farmers and Merchants Bancshares (MD) Allowance For Loans And Lease Losses Chart

Farmers and Merchants Bancshares (MD) Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-1.00

-1.24

-3.65

-4.15

-4.29

Farmers and Merchants Bancshares (MD) Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-4.59	-4.65	-4.52	-4.29	-4.32

Farmers and Merchants Bancshares (MD) Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Farmers and Merchants Bancshares (MD) Allowance For Loans And Lease Losses Related Terms

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Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers and Merchants Bancshares Inc (MD) (OTCPK:FMFG) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

15226 Hanover Pike, Upperco, MD, USA, 21155

Website

http://www.farmersandmerchantsbk.com

Farmers and Merchants Bancshares Inc (MD) is an independent community bank, offering a broad range of financial services. The Bank operates five banking offices located in Northern Baltimore County and Carroll County, Maryland. It provides services of checking accounts, saving accounts, re-order checks and among others.