Welcome to our dedicated page for Farmers Merchant SEC filings (Ticker: FMCB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Farmers & Merchants Bancorp (FMCB) provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Farmers & Merchants Bancorp is the parent company of Farmers & Merchants Bank of Central California, a community bank founded in 1916 that operates in California and trades on the OTCQX under the symbol FMCB.
Through this page, users can review current and historical filings such as Form 8-K reports, which the company uses to announce material events. Recent 8-K filings have covered topics including the declaration and amendment of record dates for cash dividends, the introduction of a special voluntary program for shareholders with smaller holdings, the release of quarterly financial results, and the publication of investor presentations.
Investors interested in FMCB’s financial condition can look to the company’s periodic reports, which typically include details on net interest income, earnings, capital ratios, asset quality, and liquidity. These filings also document the company’s statements about maintaining capital levels above "well-capitalized" regulatory thresholds and its use of share repurchase programs and dividend policies as elements of capital management.
On Stock Titan, SEC documents for FMCB are paired with AI-powered summaries that highlight key points from lengthy filings. This can help readers quickly identify information on topics such as dividend declarations, changes in dividend frequency, special shareholder programs, and updates on financial performance. Users can also monitor new Form 8-K filings and other submissions as they are made available through the SEC’s EDGAR system, while using the summaries to better understand the implications of each disclosure.
Farmers & Merchants Bancorp reported record first‑quarter 2026 net income of $24.1 million, up from $23.0 million a year earlier, or $35.34 diluted EPS versus $32.86. The bank generated a strong 1.68% return on average assets and 14.69% return on average equity.
Over the last twelve months, diluted EPS rose to $136.49, up 10.68% year over year, while tangible book value per share increased 15.01% to $928.99. Credit quality remained excellent with only one non‑accrual loan of $730,000 and a 0.01% delinquency ratio.
Assets reached $5.8 billion with deposits of $5.1 billion and a 71.04% loan‑to‑deposit ratio. Capital ratios strengthened further, with total risk‑based capital at 15.71% and common equity tier 1 at 14.23%, well above regulatory “well‑capitalized” thresholds.
Farmers & Merchants Bancorp is asking stockholders to vote at its virtual 2026 annual meeting on May 11, 2026. Stockholders will elect seven directors for one-year terms and cast an advisory Say-on-Pay vote on executive compensation, with the Board recommending approval of both proposals.
Holders of the company’s 693,043 outstanding common shares as of March 20, 2026 can vote by mail, telephone or internet. The proxy details director independence, committee structures, compensation programs, and a pay philosophy that ties senior management bonuses and restricted stock awards to profitability and long-term performance.
FARMERS & MERCHANTS BANCORP Executive Vice President Thomas A. Bennett reported a disposition of 70 shares of Common Stock on March 13, 2026, at a reported price of $1,139.23 per share, characterized as a disposition to the issuer rather than an open-market trade. After this transaction, he directly owns 372 shares of the company’s common stock.
Farmers & Merchants Bancorp is a Delaware bank holding company for F&M Bank of Central California, operating 30 branches and 3 stand-alone ATMs across eight counties in the Central Valley and East Bay. It focuses on small and mid-sized businesses, agribusiness and retail customers with a full suite of deposit and lending products.
As of December 31, 2025, common stock outstanding was 697,904 shares, with 691,945 shares outstanding as of February 28, 2026. The Bank held $4.76 billion of deposits in its markets, or 2.06% of all bank deposits there, including a 13.40% share in San Joaquin County.
The company reports it is well-capitalized under Basel III standards and did not have preferred stock outstanding. In 2025 the Bank paid $51.8 million of dividends to the holding company, which funded $13.4 million of cash dividends to shareholders, $34.7 million of share repurchases and $3.7 million of expenses and cash reserves.
Farmers & Merchants emphasizes human capital, employing 383 full‑time‑equivalent staff and spending $74.1 million on salaries and benefits in 2025. It terminated legacy executive retirement plans and replaced them with a restricted stock retirement plan authorizing up to 80,000 shares, with initial grants made in 2025.
The filing highlights extensive regulation affecting capital, dividends, consumer protection, privacy and anti‑money‑laundering, and notes the Bank’s Outstanding Community Reinvestment Act rating from a December 2025 FDIC exam. Key risks include sensitivity to U.S. and California economic conditions, commercial real estate exposure (CRE and ADC loans equal to 172% and 20.12% of total risk‑based capital), and heightened uncertainty from interest‑rate policy, tariffs and geopolitical developments.
FARMERS & MERCHANTS BANCORP reports beneficial ownership by Farmers & Merchants Bank of Central California of 1,073 shares representing 0.15% of common stock as of 12/31/2025.
The filing lists three filing entities: Farmers & Merchants Bank of Central California (1,073 shares with shared voting and shared dispositive power), Farmers & Merchants Bancorp Executive Retirement Plan Trust (0 shares), and Farmers & Merchants Bancorp Senior Management Retention Plan Trust (1,073 shares with shared voting and dispositive power). The disclosure states ownership falls under the “5 percent or less” category.
SANGUINETTI KEVIN reported acquisition or exercise transactions in this Form 4 filing.
Farmers & Merchants Bancorp director Kevin Sanguinetti reported an equity award in company stock. On February 10, 2026, he was granted a restricted stock award of 136 shares of common stock, which vests after one year. Following this award, he directly owned 1,088 shares of common stock. As of the same date, additional indirect holdings were reported, including 3,921 shares held in a personal trust, 2,250 shares held by an LLC, and 727 shares held by his spouse, reflecting various forms of beneficial ownership rather than new open-market transactions.
Farmers & Merchants Bancorp declared a quarterly cash dividend of $5.10 per share, slightly higher than the prior $5.05 dividend paid on January 2, 2026. The dividend will be paid on April 1, 2026 to shareholders of record on March 11, 2026.
The company reported record 2025 net income of $93.6 million, up from $88.5 million in 2024. Diluted earnings per share were $133.96, a 10.7% increase from $121.02 a year earlier. 2025 cash dividends totaled $19.35 per share, up 6.9% from $18.10 in 2024. Return on average assets was 1.67% and return on average equity was 15.11% for 2025, with year-end total assets of $5.7 billion.
Credit quality remained strong, with an allowance for credit losses on loans and leases of 2.08%, a net charge-off ratio of 0.05%, and a non-accrual loans and leases ratio of 0.02% as of December 31, 2025. Regulatory capital was solid, including a common equity tier 1 ratio of 13.81% and a total risk-based capital ratio of 15.29%, and all F&M Bank capital ratios exceeded the threshold to be considered well-capitalized.
Farmers & Merchants Bancorp’s President and CEO Kent A. Steinwert reported a routine tax-related share transaction. On 02/04/2026, he surrendered 2,344 shares of common stock back to the company to cover tax withholding triggered by the release of 4,340 restricted shares.
After this transaction, he directly held 7,446 common shares. He also had indirect beneficial ownership of 5 shares held as custodian for a minor child, 3,108 shares held in a trust, and 19,000 shares held by an LLC.
Farmers & Merchants Bancorp Executive Vice President Bart R. Olson reported a routine tax-related share surrender. On February 4, 2026, he surrendered 448 shares of common stock to the company to cover tax withholding tied to the release of 1,114 restricted shares, using a reference price of $1,160 per share based on the February 3, 2026 market close. After this transaction, he directly owned 1,974 shares and indirectly held 690 shares in a family trust.
Farmers & Merchants Bancorp executive vice president Bennett Thomas reported a tax-related share surrender on Form 4. On February 4, 2026, he surrendered 95 shares of common stock to the company to cover tax withholding on the release of 242 restricted shares.
The value used for this withholding was based on the $1,160 market closing price on February 3, 2026. After this transaction, Thomas directly beneficially owned 442 shares of FMCB common stock. The footnotes also note that shares previously held indirectly through the company’s Non-Qualified Executive Retirement Plans were distributed by the plan trustees on December 10, 2025 for no consideration.