{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-035242","form_type":"8-K","ticker":"FMCB","cik":"0001085913","company_name":"FARMERS & MERCHANTS BANCORP","filed_at":"2023-07-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.108576+00:00","generated_at":"2026-06-13T06:13:27.013095+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":"Farmers & Merchants Bancorp Q2 net income $21.3M, EPS $28.03, up 18.9% YoY; dividend raised to $8.30/share","bullets":["Net income $21.3M ($28.03 diluted EPS) vs $18.4M ($23.58) in Q2 2022; record H1 net income $44.8M, up 26.4%.","Net interest income $52.4M, up 17.2% YoY; net interest margin 4.27% vs 3.52% YoY.","Total deposits $4.6B, up 2.18% from Q1; loans $3.5B, up 1.88% from Q1.","Declared cash dividend $8.30/share, up from $7.85; 88 consecutive years of dividends.","Credit quality strong: non-performing loans only $375K, ACL 2.03% of loans; net recoveries $39K in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-035242","json":"https://secwatch.observer/filing/0001140361-23-035242.json","markdown":"https://secwatch.observer/filing/0001140361-23-035242.md","text":"https://secwatch.observer/filing/0001140361-23-035242.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123035242/0001140361-23-035242-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123035242/brhc20056081_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T06:13:27.013095+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":"8e891d0b4a4762353cb6244146d56d917f9ddf7c","claim":"FARMERS & MERCHANTS BANCORP reported the six-months ended June 30, 2023 results: net income $44.8 million, EPS $58.83 per diluted common share.","evidence_excerpt":"Net income for the six-months ended June 30, 2023 was a record $44.8 million, or $58.83 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123035242/0001140361-23-035242-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six-months ended June 30, 2023"},{"label":"Net income","value":"$44.8 million"},{"label":"EPS","value":"$58.83 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b7994fd86c55a3d78913356951f60acc1ed40251","claim":"FARMERS & MERCHANTS BANCORP reported the second quarter of 2023 results: net income $21.3 million, EPS $28.03 per diluted common share.","evidence_excerpt":"reported second quarter net income of $21.3 million, or $28.03 per diluted common share for the second quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123035242/0001140361-23-035242-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Net income","value":"$21.3 million"},{"label":"EPS","value":"$28.03 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"}