secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS & MERCHANTS BANCORP (FMCB)
CIK:        0001085913
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001140361-23-024184
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmers & Merchants Bancorp declares $8.30 mid-year dividend, 5.7% increase, 58th straight annual rise
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- Mid-year cash dividend of $8.30 per share, payable July 1, 2023 to holders of record June 9, 2023.
- Dividend up 5.7% from $7.85 paid in July 2022; marks 58th consecutive year of increases.
- Company has paid uninterrupted dividends for 88 years; ranks 14th among Sure Dividend's 49 'Dividend Kings'.
- Q1 2023 net income $23.5M ($30.80 diluted EPS) vs $17.1M in Q1 2022; trailing 12-month EPS $105.65.
- Total assets $5.1B; non-performing loans only $387k; tier 1 leverage ratio 9.94%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085913/000114036123024184/0001140361-23-024184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085913/000114036123024184/brhc20052751_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-024184

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