---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-026105"
form_type: "8-K"
ticker: "FMCB"
cik: "0001085913"
company_name: "FARMERS & MERCHANTS BANCORP"
filed_at: "2025-07-17T23:59:59+00:00"
generated_at: "2026-05-18T05:54:27.024554+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FMCB reports record Q2 net income of $23.1M; diluted EPS up 12.1% YoY

## Summary
- Net income $23.1M (+5.9% YoY); diluted EPS $32.94 (+12.1% YoY).
- Net interest income $53.9M (+6.1% YoY); NIM 4.07% (tax-equivalent) vs 3.91% YoY.
- Tangible book value per share rose 9.7% to $835.33; mid-year dividend increased 5.7% to $9.30/share.
- No non-accrual loans at June 30; net charge-off ratio 0.02%; provision $1.4M (vs $0 in Q2 2024).
- Capital strengthened: total risk-based 15.35%, CET1 13.87%; bought back 4,546 shares for $5.3M.

## SEC filing metadata
- accession: 0001140361-25-026105
- form_type: 8-K
- ticker: FMCB
- cik: 0001085913
- company_name: FARMERS & MERCHANTS BANCORP
- filed_at: 2025-07-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085913/000114036125026105/0001140361-25-026105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085913/000114036125026105/ef20052118_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-026105
- JSON: https://secwatch.observer/filing/0001140361-25-026105.json
- Plain text: https://secwatch.observer/filing/0001140361-25-026105.txt

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