{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-119081","form_type":"8-K","ticker":"FMAO","cik":"0000792966","company_name":"FARMERS & MERCHANTS BANCORP INC","filed_at":"2024-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.030981+00:00","generated_at":"2026-05-30T08:42:42.771279+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FMAO Q3 net income rises 36.4% to $6.5M; NPLs drop to $2.9M from $22.4M","bullets":["Net income of $6.5M ($0.48 per share) vs $4.8M ($0.35) a year ago; NIM expanded 12 bps to 2.71%.","Nonperforming loans fell to $2.9M (0.11% of loans) from $22.4M (0.89%), an 87% decline.","Total deposits hit record $2.68B (+4.3% YoY); total assets record $3.39B (+4.8%).","Efficiency ratio improved to 67.98% from 73.07% YoY; YTD dividend increased 5% to $0.66125/share.","86th consecutive profitable quarter; stockholder equity record $335.4M (+10.6%)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-119081","json":"https://secwatch.observer/filing/0000950170-24-119081.json","markdown":"https://secwatch.observer/filing/0000950170-24-119081.md","text":"https://secwatch.observer/filing/0000950170-24-119081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792966/000095017024119081/0000950170-24-119081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792966/000095017024119081/fmao-20241030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T08:42:42.771279+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}