---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-071550"
form_type: "8-K"
ticker: "FMAO"
cik: "0000792966"
company_name: "FARMERS & MERCHANTS BANCORP INC"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:57:09.433923+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Farmers & Merchants appoints Ian D. Boyce to board of directors

## Summary
- Ian D. Boyce appointed to the board of both Farmers & Merchants Bancorp and F&M Bank, effective January 16, 2024.
- Board size increases to 13 members; Boyce is founding partner of Dickmeyer Boyce Financial Management, which oversees $300M in AUM.
- Non-employee director compensation includes $50,000 annual cash retainer and $15,000 in stock retainer.
- Boyce holds a BA from University of Vermont and serves on multiple boards including Parkview Health and the University of St. Francis.
- No reportable transactions with the company under Item 404(a) in the past fiscal year.

## SEC filing metadata
- accession: 0000950170-23-071550
- form_type: 8-K
- ticker: FMAO
- cik: 0000792966
- company_name: FARMERS & MERCHANTS BANCORP INC
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/792966/000095017023071550/0000950170-23-071550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792966/000095017023071550/fmao-20231219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-071550
- JSON: https://secwatch.observer/filing/0000950170-23-071550.json
- Plain text: https://secwatch.observer/filing/0000950170-23-071550.txt

## Key facts
- Executive change
  Ian D. Boyce was appointed as Member of the Board of Directors at FARMERS & MERCHANTS BANCORP INC.
  - Action: appointed
  - Role: Member of the Board of Directors
  source text: On December 19, 2023, Farmers & Merchants Bancorp, Inc. (the “Company”) announced the appointment of Ian D. Boyce as a member of the Company’s and the Company’s wholly-owned bank subsidiary, The Farmers & Merchants State Bank (the “Bank”) Boards of Directors effective as of January 16, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/792966/000095017023071550/0000950170-23-071550-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.