---
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"
generated_at: "2026-05-15T05:16:43.973504+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Farmers & Merchants Bancorp Q1 record net income $24.1M; diluted EPS up 7.6% YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-015683
- JSON: https://secwatch.observer/filing/0001140361-26-015683.json
- Plain text: https://secwatch.observer/filing/0001140361-26-015683.txt

## Key facts
- Earnings Releases
  FARMERS & MERCHANTS BANCORP reported first quarter ended March 31, 2026 results: net income $24.1 million, EPS $35.34 per diluted common share.
  - Period: first quarter ended March 31, 2026
  - Net income: $24.1 million
  - EPS: $35.34 per diluted common share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1085913/000114036126015683/0001140361-26-015683-index.htm

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