{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-048817","form_type":"8-K","ticker":"FMCB","cik":"0001085913","company_name":"FARMERS & MERCHANTS BANCORP","filed_at":"2023-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.176481+00:00","generated_at":"2026-06-09T19:42:01.470839+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 Q3 net income $22.0M, EPS $29.23, up 16% YoY per share","bullets":["Record Q3 net income of $22.0M ($29.23/diluted share) vs $19.5M ($25.20) in Q3 2022, up 12.8% (16% per share).","Year-to-date net income $66.9M ($88.06/share), up 21.5% (25% per share) vs prior year period.","Net interest margin widened to 4.20% from 3.95% YoY; loans grew 1.88% QoQ, deposits grew 2.38% QoQ, no brokered deposits.","Strong capital: total risk-based capital ratio 13.97%, tangible common equity ratio 9.64%; all regulatory ratios well above well-capitalized thresholds.","Credit quality strong: non-performing loans $4.5M (0.19% of loans), allowance for credit losses 2.14% with net recoveries of $274K YTD."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-048817","json":"https://secwatch.observer/filing/0001140361-23-048817.json","markdown":"https://secwatch.observer/filing/0001140361-23-048817.md","text":"https://secwatch.observer/filing/0001140361-23-048817.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123048817/0001140361-23-048817-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123048817/ef20012733_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T19:42:01.470839+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":"01424f219a8d572383eeeffa1d6364ddc61c261e","claim":"FARMERS & MERCHANTS BANCORP reported third quarter ended September 30, 2023 results: net income $22.0 million, EPS $29.23 per diluted common share.","evidence_excerpt":"Farmers & Merchants Bancorp issued a press release concerning financial results for the third quarter and year-to-date ending September 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123048817/0001140361-23-048817-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"$22.0 million"},{"label":"EPS","value":"$29.23 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"56e3e145761a508de767efd485e7069518b5ce9a","claim":"FARMERS & MERCHANTS BANCORP reported nine-months ended September 30, 2023 results: net income $66.9 million, EPS $88.06 per diluted common share.","evidence_excerpt":"Net income for the nine-months ended September 30, 2023 was a record $66.9 million, or $88.06 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085913/000114036123048817/0001140361-23-048817-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine-months ended September 30, 2023"},{"label":"Net income","value":"$66.9 million"},{"label":"EPS","value":"$88.06 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"}