---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-038545"
form_type: "8-K"
ticker: "FMCB"
cik: "0001085913"
company_name: "FARMERS & MERCHANTS BANCORP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:29:25.510119+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Farmers & Merchants Bancorp reports record Q3 net income $19.5M, EPS $25.20, up 13.7% YoY

## Summary
- Record net income $19.5M ($25.20 EPS) vs $17.5M ($22.16) in Q3 2021; up 13.7%.
- Net interest margin 3.95%, up 42 bps from Q2 2022; net interest income rose 28.3% YoY to $50.5M.
- Total assets $5.5B (+7.1% YoY); loans held for investment grew 9.67% ex-PPP; deposits up 7.5%.
- Provision for credit losses $1.5M in Q3; non-performing loans just 0.02% of total loans.
- Repurchased 6,368 shares (0.82% of shares) during Q3; tangible book value per share $589.03, up 5.8% YoY.

## SEC filing metadata
- accession: 0001140361-22-038545
- form_type: 8-K
- ticker: FMCB
- cik: 0001085913
- company_name: FARMERS & MERCHANTS BANCORP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085913/000114036122038545/0001140361-22-038545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085913/000114036122038545/brhc10043305_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-038545
- JSON: https://secwatch.observer/filing/0001140361-22-038545.json
- Plain text: https://secwatch.observer/filing/0001140361-22-038545.txt

## Key facts
- Earnings Releases
  FARMERS & MERCHANTS BANCORP reported third quarter and year-to-date ending September 30, 2022 results: net income $19.5 million, EPS $25.20 per diluted common share.
  - Period: third quarter and year-to-date ending September 30, 2022
  - Net income: $19.5 million
  - EPS: $25.20 per diluted common share
  - Result: reported results
  source text: On October 26, 2022, Farmers & Merchants Bancorp issued a press release concerning financial results for the third quarter and year-to-date ending September 30, 2022, a copy of which is included as Exhibit 99 and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1085913/000114036122038545/0001140361-22-038545-index.htm

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