---
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"
generated_at: "2026-05-16T05:32:49.266552+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FMCB 2025 year-end: ROA 1.67%, NIM 4.15%, assets $5.7B; repurchased 4.80% of shares

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-003258
- JSON: https://secwatch.observer/filing/0001140361-26-003258.json
- Plain text: https://secwatch.observer/filing/0001140361-26-003258.txt

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