secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS & MERCHANTS BANCORP (FMCB)
CIK:        0001085913
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001140361-26-003258
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085913/000114036126003258/0001140361-26-003258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085913/000114036126003258/ef20064575_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-003258

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