Farmers & Merchants Bancshares, Inc. (FMFG) › Net IncomeFarmers & Merchants Bancshares, Inc. (FMFG) — Net IncomeAnnual figures by fiscal year, from SEC filings.2016: $3.91M2017: $3.79M2018: $4.71M2019: $4.56M2020: $2.68M2021: $8.15M2022: $8.09M2023: $6.42M2024: $4.28M2025: $5.77M$5.77M2016Net Income (USD)2025Fiscal YearNet IncomeChange YoY2025$5.77M+34.8%2024$4.28M-33.3%2023$6.42M-20.7%2022$8.09M-0.7%2021$8.15M+203.9%2020$2.68M-41.2%2019$4.56M-3.2%2018$4.71M+24.4%2017$3.79M-3.1%2016$3.91M—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share