{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-003258","form_type":"8-K","ticker":"FMCB","cik":"0001085913","company_name":"FARMERS & MERCHANTS BANCORP","filed_at":"2026-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.520970+00:00","generated_at":"2026-05-16T05:32:49.266552+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FMCB 2025 year-end: ROA 1.67%, NIM 4.15%, assets $5.7B; repurchased 4.80% of shares","bullets":["Assets $5.7B, TCE ratio 11.15%, RBC 15.29%; NIM 4.15% tax-equiv; ROE 15.11%.","Repurchased 33,562 shares (4.80% of outstanding) in 2025; outstanding shares down 8.13% since 2019.","Net charge-offs of $1.8M (0.05% of avg loans); non-performing loans $750K (0.02%); ACL 2.08%.","Dividend history: 90 consecutive years, 60 years of increases; switched to quarterly dividends in Q3-2025.","No other borrowings or brokered CDs; loan-to-deposit ratio 73.67%; cost of total deposits 1.22%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-003258","json":"https://secwatch.observer/filing/0001140361-26-003258.json","markdown":"https://secwatch.observer/filing/0001140361-26-003258.md","text":"https://secwatch.observer/filing/0001140361-26-003258.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085913/000114036126003258/0001140361-26-003258-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085913/000114036126003258/ef20064575_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:32:49.266552+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"}