FARMERS & MERCHANTS BANCORP INC (FMAO) › Shareholders' EquityFARMERS & MERCHANTS BANCORP INC (FMAO) — Shareholders' EquityAnnual figures by fiscal year, from SEC filings.2008: $90.55M2009: $93.58M2010: $94.40M2011: $105.34M2012: $110.49M2013: $108.62M2014: $114.49M2015: $120.10M2016: $125.58M2017: $134.11M2018: $143.29M2019: $230.26M2020: $249.16M2021: $297.17M2022: $298.14M2023: $316.54M2024: $335.21M2025: $370.86M$370.86M2008Shareholders' Equity (USD)2025Fiscal YearShareholders' EquityChange YoY2025$370.86M+10.6%2024$335.21M+5.9%2023$316.54M+6.2%2022$298.14M+0.3%2021$297.17M+19.3%2020$249.16M+8.2%2019$230.26M+60.7%2018$143.29M+6.8%2017$134.11M+6.8%2016$125.58M+4.6%2015$120.10M+4.9%2014$114.49M+5.4%2013$108.62M-1.7%2012$110.49M+4.9%2011$105.34M+11.6%2010$94.40M+0.9%2009$93.58M+3.4%2008$90.55M—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share