---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-014786"
form_type: "8-K"
ticker: "FMAO"
cik: "0000792966"
company_name: "FARMERS & MERCHANTS BANCORP INC"
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:21:49.420770+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Farmers & Merchants Bancorp reports record Q1 net income of $8.1M, EPS $0.62

## Summary
- Net income rose 65% to $8.1M; EPS up 40.9% to $0.62 from $0.44 YoY.
- Total loans reached record $1.962B, up 46.3% YoY; organic loan growth 22% excluding acquisitions and PPP.
- Deposits grew 33.8% to record $2.254B; cost of interest-bearing liabilities improved to 0.45%.
- Nonperforming loans were 0.44% of total loans; net charge-offs to average loans were 0.00% for fourth straight quarter.
- Quarterly dividend increased 11.8% to $0.19 per share; 27 consecutive years of annual dividend growth.

## SEC filing metadata
- accession: 0001564590-22-014786
- form_type: 8-K
- ticker: FMAO
- cik: 0000792966
- company_name: FARMERS & MERCHANTS BANCORP INC
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/792966/000156459022014786/0001564590-22-014786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792966/000156459022014786/fmao-8k_20220331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-014786
- JSON: https://secwatch.observer/filing/0001564590-22-014786.json
- Plain text: https://secwatch.observer/filing/0001564590-22-014786.txt

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