Farmers & Merchants Bancorp reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was USD 50.46 million compared to USD 39.33 million a year ago. Net income was USD 19.54 million compared to USD 17.5 million a year ago. Basic earnings per share from continuing operations was USD 25.2 compared to USD 22.16 a year ago. Diluted earnings per share from continuing operations was USD 25.2 compared to USD 22.16 a year ago.
For the nine months, net interest income was USD 137.39 million compared to USD 119.66 million a year ago. Net income was USD 55.04 million compared to USD 50.37 million a year ago. Basic earnings per share from continuing operations was USD 70.47 compared to USD 63.79 a year ago. Diluted earnings per share from continuing operations was USD 70.47 compared to USD 63.79 a year ago.