Farmers & Merchants Bank of Long Beach reported un-audited earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported total interest income of $40.4 million, compared with $43.3 million in the fourth quarter of 2011. Net interest income was $38.8 million, compared with net interest income of $41.3 million for the same quarter of 2011. Net income was $13.2 million, or $101.12 per diluted share, compared with $13.8 million, or $105.30 per diluted share, in the 2011 fourth quarter. The company reported income before income tax expense of $18.7 million compared to $20.0 million for the last year.

For the year, the company reported total interest income of $171.1 million, compared with $178.6 million reported for 2011. Net interest income was $164.1 million, versus $169.2 million in 2011. Net income for 2012 rose to $63.4 million, or $484.14 per diluted share, from $59.1 million, or $451.53 per diluted share, for 2011. The company reported income before income tax expense of $92.2 million compared to $29.4 million for the last year.