---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-016185"
form_type: "8-K"
ticker: "FMCB"
cik: "0001085913"
company_name: "FARMERS & MERCHANTS BANCORP"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:24:30.081779+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Farmers & Merchants Bancorp Q1 2026: ROA 1.68%, NIM 4.25%, assets $5.8B

## Summary
- Assets $5.8B, ROA 1.68%, ROE 14.69%, NIM (tax-equiv) 4.25% as of March 31, 2026.
- Credit quality strong: one non-performing CRE loan of $730K (0.02% of loans); net recoveries of $43K in Q1.
- Ag lending portfolio $951.3M (26.3% of loans); 20th largest US Ag lender with zero non-performing Ag loans.
- 91 consecutive years of dividends, 61 years of increases; repurchased 181 shares in Q1-26.
- New branches planned: Walnut Creek, Livingston, Lockeford opening Q3 2026; Lafayette Q2 2027.

## SEC filing metadata
- accession: 0001140361-26-016185
- form_type: 8-K
- ticker: FMCB
- cik: 0001085913
- company_name: FARMERS & MERCHANTS BANCORP
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085913/000114036126016185/0001140361-26-016185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085913/000114036126016185/ef20071199_form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-016185
- JSON: https://secwatch.observer/filing/0001140361-26-016185.json
- Plain text: https://secwatch.observer/filing/0001140361-26-016185.txt

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