---
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"
generated_at: "2026-05-23T13:00:37.848045+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FMCB Q1 2025 net income $23.0M, diluted EPS $32.86 up 7.6% YoY; NIM expands to 4.20%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-014189
- JSON: https://secwatch.observer/filing/0001140361-25-014189.json
- Plain text: https://secwatch.observer/filing/0001140361-25-014189.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.