{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-015683","form_type":"8-K","ticker":"FMCB","cik":"0001085913","company_name":"FARMERS & MERCHANTS BANCORP","filed_at":"2026-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.929934+00:00","generated_at":"2026-05-15T05:16:43.973504+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Farmers & Merchants Bancorp Q1 record net income $24.1M; diluted EPS up 7.6% YoY","bullets":["Net income $24.1M, diluted EPS $35.34 vs $32.86 YoY (+7.6%); trailing 12-month EPS $136.49 (+10.68% YoY).","Net interest income $56.9M (+7.08% YoY); NIM (tax-equiv) 4.25% up from 4.20%.","Total assets $5.84B, deposits $5.12B (+2.8% since Dec 31); no borrowings; $2.2B borrowing capacity.","Tangible book value per share $928.99, up 15.01% vs $807.72 a year ago.","Credit quality: one non-accrual loan ($730k); net recoveries $43k; allowance 2.12% of loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-015683","json":"https://secwatch.observer/filing/0001140361-26-015683.json","markdown":"https://secwatch.observer/filing/0001140361-26-015683.md","text":"https://secwatch.observer/filing/0001140361-26-015683.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085913/000114036126015683/0001140361-26-015683-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085913/000114036126015683/ef20071006_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:16:43.973504+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":[{"claim_id":"184450a35e070b44c3e6fe0337ae46666e823e9e","claim":"FARMERS & MERCHANTS BANCORP reported first quarter ended March 31, 2026 results: net income $24.1 million, EPS $35.34 per diluted common share.","evidence_excerpt":"Farmers & Merchants Bancorp (OTCQX: FMCB ) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported net income of $24.1 million, or $35.34 per diluted common share, for the first quarter of 2026 compared with $23.0 million, or $32.86 per diluted common share, for the first quarter of 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085913/000114036126015683/0001140361-26-015683-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Net income","value":"$24.1 million"},{"label":"EPS","value":"$35.34 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}