{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-170660","form_type":"8-K","ticker":"FMAO","cik":"0000792966","company_name":"FARMERS & MERCHANTS BANCORP INC","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.733839+00:00","generated_at":"2026-05-15T04:59:01.429462+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 net income rises 37.8% to $9.6M; EPS $0.70","bullets":["Net income $9.6M vs $7.0M YoY; diluted EPS $0.70 vs $0.51.","Net interest margin expanded 39 bps to 3.42%; efficiency ratio improved to 60.08%.","Total deposits up 4.1% to $2.81B; loans net up 3.9% to $2.68B.","Quarterly dividend increased 4.0% to $0.92 annualized; Tier 1 leverage ratio 9.02%.","Nonperforming loans at 0.42% of total loans; net charge-offs 0.01% of avg loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-170660","json":"https://secwatch.observer/filing/0001193125-26-170660.json","markdown":"https://secwatch.observer/filing/0001193125-26-170660.md","text":"https://secwatch.observer/filing/0001193125-26-170660.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792966/000119312526170660/0001193125-26-170660-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792966/000119312526170660/fmao-20260422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:59:01.429462+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":"37ffa1d5704b31fc8b0ffc7a936b89ae33e88592","claim":"FARMERS & MERCHANTS BANCORP INC reported the three months ended March 31, 2026 results: net income $9.6 million, EPS $0.70 per basic and diluted share.","evidence_excerpt":"Highlights (at March 31, 2026, and on a year-over-year basis unless noted) • 92 consecutive quarters of profitability • Net income increased 37.8% to a first quarter record of $9.6 million, or $0.70 per basic and diluted share • Strong profitability drives ROAA to 1.14%, compared to 0.85% • Net charge-offs to average loans of 0.01% • Tier 1 leverage ratio was 9.02%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/792966/000119312526170660/0001193125-26-170660-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2026"},{"label":"Net income","value":"$9.6 million"},{"label":"EPS","value":"$0.70 per basic and diluted 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"}