{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-003542","form_type":"8-K","ticker":"FMCB","cik":"0001085913","company_name":"FARMERS & MERCHANTS BANCORP","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.825644+00:00","generated_at":"2026-06-20T04:54:29.907445+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":"FMCB FY2022 record net income $75.1M, EPS $96.55 (+14.93% YoY)","bullets":["Net income $75.1M ($96.55/sh), up 14.93% YoY from $66.3M ($84.01/sh).","Revenue $199.8M (+9.76%); net interest income $193.6M (+20.28%); NIM 4.45% vs 3.37%.","Loans grew $346M (10.7%) ex-PPP; deposits $4.76B; cost of deposits 0.16%.","Recorded $10.7M loss on securities repositioning; provision $6.5M; allowance 1.90%.","Capital well-capitalized; leverage ratio 9.36%; risk-based capital 13.06%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-003542","json":"https://secwatch.observer/filing/0001140361-23-003542.json","markdown":"https://secwatch.observer/filing/0001140361-23-003542.md","text":"https://secwatch.observer/filing/0001140361-23-003542.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123003542/0001140361-23-003542-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123003542/brhc10047209_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T04:54:29.907445+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":[{"claim_id":"adefce35dd80f5d348e75113f65527b21e83c8ff","claim":"FARMERS & MERCHANTS BANCORP reported the year ended December 31, 2022 results: revenue $199.8 million, net income $75.1 million, EPS $96.55 per diluted common share.","evidence_excerpt":"a drop in accumulated other comprehensive income as rates rise. Earnings Earnings per share was $96.55 in 2022, up 14.93% from $84.01 for 2021. Total revenue increased 9.76% to $199.8 million in 2022 compared with $182 million in 2021. Net interest income increased 20.28% to $193.6 million in 2022 compared with $161 million in 2021. Importantly, as market interest","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123003542/0001140361-23-003542-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$199.8 million"},{"label":"Net income","value":"$75.1 million"},{"label":"EPS","value":"$96.55 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}