Farmers & Merchants Bancorp, Inc. Ranked in Top 200 Publicly Traded Community Banks and Thrifts List by American Banker Magazine for Fourth Straight Year

Rhea-AI Summary

Farmers & Merchants Bancorp (Nasdaq: FMAO) has been named one of the Top 200 Publicly Traded Community Banks and Thrifts by American Banker magazine for the fourth consecutive year. This recognition is based on the company's three-year average return on equity (ROE) as of December 31, 2019. CEO Lars Eller expressed pride in this achievement, highlighting the dedication of their team and their commitment to customer relationships. Farmers & Merchants State Bank, the affiliate of FMAO, has been operational for 123 years and holds assets of $1.6 billion.

Positive

• Ranked among Top 200 Community Banks for four consecutive years.
• Reflects strong three-year average return on equity.
• Demonstrates commitment to customer relationships and community.

Negative

• None.

ARCHBOLD, Ohio, May 20, 2020 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, announced for the fourth straight year that it has been named to American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts. The listing is based on a three-year average return on equity (“ROE”) as of 12/31/2019.

“It is an honor to again be named to American Banker’s Top 200 Community Banks list,” said Lars Eller, President and CEO. “We are proud to be listed with such quality banks across the country. Our mission is to nurture lasting relationships with our customers, communities and shareholders. We feel this honor is a reflection of the efforts of our talented team of bankers across our company.”

About Farmer & Merchants State Bank:
Farmers & Merchants State Bank is a $1.6 billion independent community bank that has been serving Northwest Ohio and Northeast Indiana for 123 years.  F&M has offices with locations in Adams, Allen, DeKalb, Jay and Steuben counties in Indiana and Defiance, Fulton, Hancock, Henry, Lucas, Williams and Wood counties in Ohio. Farmers & Merchants Bancorp, Inc. is the bank holding company of the Farmers & Merchants State Bank and is traded under the symbol FMAO.

For additional information, you may contact Amy Cover, Marketing Managing at acover@fm.bank

45%; border-collapse:collapse !important;">

Company Contact:	Investor and Media Contact:
Amy Cover Vice President – Marketing Manager Farmers & Merchants Bancorp, Inc. (419) 445-3501 ext. 15436 acover@fm.bank	Andrew M. Berger Managing Director SM Berger & Company, Inc. (216) 464-6400 andrew@smberger.com

FAQ

Why was Farmers & Merchants Bancorp named one of the Top 200 Community Banks?

Farmers & Merchants Bancorp was honored based on its three-year average return on equity as of December 31, 2019.

What does the recognition by American Banker signify for FMAO?

The recognition indicates strong financial performance and a reputable standing in the community banking sector.

How many years has FMAO been recognized by American Banker?

Farmers & Merchants Bancorp has been named to the list for four consecutive years.

What is the asset size of Farmers & Merchants State Bank?

Farmers & Merchants State Bank has assets totaling $1.6 billion.