{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-014189","form_type":"8-K","ticker":"FMCB","cik":"0001085913","company_name":"FARMERS & MERCHANTS BANCORP","filed_at":"2025-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.464548+00:00","generated_at":"2026-05-23T13:00:37.848045+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FMCB Q1 2025 net income $23.0M, diluted EPS $32.86 up 7.6% YoY; NIM expands to 4.20%","bullets":["Net income $23.0M, diluted EPS $32.86 (+7.6% YoY, +9.9% QoQ); ROAA 1.70%, ROAE 15.65%.","Net interest income $53.1M (+$0.95M QoQ); net interest margin 4.20% (up from 4.09% Q4 2024).","Tangible book value per share $843.33, up 13.49% from $743.08 a year ago.","Total assets $5.7B; deposits up $278.8M to $5.0B; loans down 2.57% QoQ to $3.6B.","Capital strong: total risk-based capital 15.23%, CET1 13.75%; credit quality solid with $193K non-accrual."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-014189","json":"https://secwatch.observer/filing/0001140361-25-014189.json","markdown":"https://secwatch.observer/filing/0001140361-25-014189.md","text":"https://secwatch.observer/filing/0001140361-25-014189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085913/000114036125014189/0001140361-25-014189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085913/000114036125014189/ef20047509_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T13:00:37.848045+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"}