---
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"
generated_at: "2026-05-15T04:59:01.429462+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 net income rises 37.8% to $9.6M; EPS $0.70

## Summary
- 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.

## SEC filing metadata
- 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
- 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/792966/000119312526170660/0001193125-26-170660-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792966/000119312526170660/fmao-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-170660
- JSON: https://secwatch.observer/filing/0001193125-26-170660.json
- Plain text: https://secwatch.observer/filing/0001193125-26-170660.txt

## Key facts
- Earnings Releases
  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.
  - Period: the three months ended March 31, 2026
  - Net income: $9.6 million
  - EPS: $0.70 per basic and diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/792966/000119312526170660/0001193125-26-170660-index.htm

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