Farmers & Merchants Bancorp reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was USD 44.72 million compared to USD 40.04 million a year ago. Net income was USD 18.44 million compared to USD 16.15 million a year ago. Basic earnings per share from continuing operations was USD 23.58 compared to USD 20.45 a year ago. Diluted earnings per share from continuing operations was USD 23.58 compared to USD 20.45 a year ago.
For the six months, net interest income was USD 86.93 million compared to USD 80.33 million a year ago. Net income was USD 35.5 million compared to USD 32.87 million a year ago. Basic earnings per share from continuing operations was USD 45.28 compared to USD 41.62 a year ago. Diluted earnings per share from continuing operations was USD 45.28 compared to USD 41.62 a year ago.