{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-001612","form_type":"8-K","ticker":"FMCB","cik":"0001085913","company_name":"FARMERS & MERCHANTS BANCORP","filed_at":"2025-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.897309+00:00","generated_at":"2026-05-27T18:20:44.285581+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 reports record full year 2024 net income of $88.5M, EPS up 3.78%","bullets":["Record full year net income of $88.5M, or $121.02 per share, up 3.78% from $116.61 in 2023.","Q4 net income of $21.8M ($31.11 per share) vs $21.4M ($28.55) in Q4 2023.","Net interest margin of 4.05%; loan yield improved to 6.08% while cost of deposits rose to 1.35%.","Total assets $5.37B; loans $3.68B; deposits $4.70B; no brokered deposits; net charge-offs $0.7M.","Share repurchases: 48,173 shares in 2024; $19.9M remaining under current $55M buyback program."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-001612","json":"https://secwatch.observer/filing/0001140361-25-001612.json","markdown":"https://secwatch.observer/filing/0001140361-25-001612.md","text":"https://secwatch.observer/filing/0001140361-25-001612.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085913/000114036125001612/0001140361-25-001612-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085913/000114036125001612/ef20041993_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T18:20:44.285581+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}