---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-174225"
form_type: "8-K"
ticker: "FMAO"
cik: "0000792966"
company_name: "FARMERS & MERCHANTS BANCORP INC"
filed_at: "2022-06-15T23:59:59+00:00"
generated_at: "2026-06-25T01:46:00.830643+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# F&M Bancorp to acquire Peoples-Sidney Financial for ~$27M in stock/cash

## Summary
- Transaction valued at ~$27M based on FMAO closing price of $34.28 on June 14, 2022.
- PPSF shareholders elect 0.6597 FMAO shares or $24 cash per share; minimum 65% stock consideration.
- Deal expected to be 2.5% accretive to 2023 EPS and 3.9% accretive to 2024 EPS; TBV dilution ~2.1% with 3.25-year earnback.
- PPSF had $132.7M assets, $99.9M loans, $114.8M deposits at March 31, 2022.
- Transaction expected to close Q3/Q4 2022, subject to regulatory and PPSF shareholder approvals.

## SEC filing metadata
- accession: 0001193125-22-174225
- form_type: 8-K
- ticker: FMAO
- cik: 0000792966
- company_name: FARMERS & MERCHANTS BANCORP INC
- filed_at: 2022-06-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/792966/000119312522174225/0001193125-22-174225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792966/000119312522174225/d368190d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-174225
- JSON: https://secwatch.observer/filing/0001193125-22-174225.json
- Plain text: https://secwatch.observer/filing/0001193125-22-174225.txt

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