secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS & MERCHANTS BANCORP (FMCB)
CIK:        0001085913
Form:       8-K
Filed at:   2026-04-20T23:59:59+00:00
Accession:  0001140361-26-015683
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085913/000114036126015683/0001140361-26-015683-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085913/000114036126015683/ef20071006_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-015683

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer