Security
Farmers & Merchants Bancorp (Lodi, CA) Common Stock · FMCB
FMCBOTCCommon stockCurrentCIK 1085913Updated Oct 22, 2026
FMCB price & chart
Loading TradingView…
OTC:FMCB on TradingView ↗About the company
Farmers & Merchants Bancorp trades on the OTCQX under the symbol FMCB, and is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community bank that proudly serves California through 33 convenient locations. F&M Bank is financially strong, with $5.8 billion in assets, and is consistently recognized as one of the nation's safest banks by national bank rating firms. The Bank has maintained a 5-Star rating from BauerFinancial for 35 consecutive years, longer than any other commercial bank in the State of California.
In the news
Farmers & Merchants Bancorp (FMCB) Announces New Board Member ↗
Seeking Alpha
Best Dividend Kings: October 2026 ↗
Defensive rotation: Quality over sector labels in healthcare, banks, and consumer staples ↗
Farmers & Merchants Bancorp GAAP EPS of $36.75, revenue of $64.57M ↗
SEC disclosures
FARMERS & MERCHANTS BANCORP files 8-K: Material Event ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
Other Events
Items 8.01, 9.01
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
Other Events
Items 8.01, 9.01
10-Q filing
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 5,629,867,000Source | 5,418,132,000Source | 5,835,459,000Source | 5,478,773,000Source | 5,267,485,000Source | 5,836,664,000Source | 5,680,024,000Source | 5,714,573,000Source | 5,690,110,000Source | 5,370,196,000Source | 5,308,928,000Source | 5,327,399,000Source |
| Property, Plant and Equipment, NetUSD | 54,369,000Source | 51,127,000Source | 67,270,000Source | 53,068,000Source | 51,306,000Source | 64,571,000Source | 51,242,000Source | 51,618,000Source | 55,847,000Source | 51,367,000Source | 51,907,000Source | 49,476,000Source |
| GoodwillUSD | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,295,000Source | 1,824,000Source | 922,000Source | 1,426,000Source | 1,962,000Source | 1,044,000Source | 1,557,000Source | 2,099,000Source | 1,165,000Source | 1,687,000Source | 2,236,000Source | 2,809,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 172,567,000Source | 293,250,000Source | 278,641,000Source | 291,752,000Source | 295,936,000Source | 384,224,000Source | 607,254,000Source | 738,397,000Source | 144,864,000Source | 212,563,000Source | 410,642,000Source | 588,257,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 1,600,000Source | 2,200,000Source | 2,700,000Source | 3,400,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 4,984,615,000Source | 4,815,436,000Source | 5,156,442,000Source | 4,860,241,000Source | 4,691,265,000Source | 5,180,609,000Source | 5,077,718,000Source | 5,149,356,000Source | 5,044,596,000Source | 4,797,124,000Source | 4,759,173,000Source | 4,842,091,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 7,000Source | 8,000Source |
| Additional Paid in CapitalUSD | 8,201,000Source | 26,645,000Source | 11,856,000Source | 5,192,000Source | 27,931,000Source | 8,765,000Source | 2,042,000Source | 31,401,000Source | 11,550,000Source | 0Source | 36,852,000Source | 57,206,000Source |
| Retained Earnings (Accumulated Deficit)USD | 648,916,000Source | 585,504,000Source | 710,694,000Source | 628,793,000Source | 563,383,000Source | 689,638,000Source | 614,729,000Source | 548,123,000Source | 669,262,000Source | 592,431,000Source | 525,360,000Source | 449,932,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -6,942,000Source | -9,460,000Source | -11,468,000Source | -13,082,000Source | -15,101,000Source | -10,360,000Source | -14,472,000Source | -14,314,000Source | -3,512,000Source | -19,366,000Source | -12,464,000Source | -21,838,000Source |
| Stockholders' Equity Attributable to ParentUSD | 645,252,000Source | 602,696,000Source | 679,017,000Source | 618,532,000Source | 576,220,000Source | 656,055,000Source | 602,306,000Source | 565,217,000Source | 645,514,000Source | 573,072,000Source | 549,755,000Source | 485,308,000Source |
| Liabilities and EquityUSD | 5,629,867,000Source | 5,418,132,000Source | 5,835,459,000Source | 5,478,773,000Source | 5,267,485,000Source | 5,836,664,000Source | 5,680,024,000Source | 5,714,573,000Source | 5,690,110,000Source | 5,370,196,000Source | 5,308,928,000Source | 5,327,399,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 36,369,000Source | 31,622,000Source | 21,504,000Source | 27,166,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 3,518,000Source | 2,042,000Source | 11,550,000Source | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 22,319,000Source | 11,017,000Source | -5,603,000Source | 4,330,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 40,716,000Source | 39,550,000Source | 104,194,000Source | 103,735,000Source | 93,348,000Source | 101,778,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 70,367,000Source | 77,023,000Source | -402,013,000Source | -274,580,000Source | -146,548,000Source | -315,299,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 9,535,000Source | 673,000Source | 7,578,000Source | 2,399,000Source | 4,972,000Source | 4,190,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 0Source | 711,000Source | 2,933,000Source | 45,261,000Source | 20,355,000Source | 20,310,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 128,277,000Source | 278,118,000Source | 230,120,000Source | -27,234,000Source | -124,415,000Source | 86,318,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 3,665,000Source | 0Source | 13,841,000Source | 13,017,000Source | 12,886,000Source | 12,489,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 172,567,000Source | 293,250,000Source | 278,641,000Source | 291,752,000Source | 384,224,000Source | 607,254,000Source | 144,864,000Source | 212,563,000Source | 410,642,000Source | 588,257,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 16,121,000Source | 15,109,000Source | 62,757,000Source | 65,085,000Source | 29,280,000Source | 5,785,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 14,939,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance IncomeUSD | — | — | 639,000Source | 606,000Source | 662,000Source | 627,000Source | 638,000Source | 603,000Source | 2,530,000Source | 2,430,000Source | 2,027,000Source | 2,233,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | 0Source | 743,000Source | 45,000Source | 0Source | — | — | 44,287Source | 743,000Source | -8,199,000Source | -10,689,000Source |
| DepreciationUSD | — | — | — | — | — | — | 756,000Source | 763,000Source | 3,063,000Source | 2,937,000Source | 2,491,000Source | 2,428,000Source |
| Equipment ExpenseUSD | — | — | 1,764,000Source | 1,513,000Source | 1,798,000Source | 1,784,000Source | 1,864,000Source | 1,638,000Source | 6,914,000Source | 6,055,000Source | 5,293,000Source | 4,968,000Source |
| GoodwillUSD | — | — | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source | 11,183,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | — | — | — | — | — | — | — | — | — | — | 57,128,000Source | 42,565,000Source |
| Income Tax Expense (Benefit)USD | — | — | 8,918,000Source | 8,397,000Source | 9,014,000Source | 8,281,000Source | 8,313,000Source | 9,344,000Source | 35,171,000Source | 33,787,000Source | 28,239,000Source | 24,651,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 23,718,000Source | 22,121,000Source | 24,732,000Source | 23,055,000Source | 24,071,000Source | 23,009,000Source | 93,605,000Source | 88,457,000Source | 88,314,000Source | 75,090,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | 798,000Source | 758,000Source | 737,000Source | 730,000Source |
| Provision for Loan, Lease, and Other LossesUSD | — | — | 700,000Source | 0Source | 500,000Source | 1,400,000Source | 500,000Source | 300,000Source | 3,500,000Source | 0Source | 9,407,000Source | 6,450,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 700,000Source | 1,000,000Source | 500,000Source | 1,290,000Source | 500,000Source | 300,000Source | 2,890,000Source | 1,000,000Source | 7,750,000Source | 6,057,000Source |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 32,636,000Source | 30,518,000Source | 33,746,000Source | 31,336,000Source | 32,384,000Source | 32,353,000Source | 128,776,000Source | 122,244,000Source | 116,553,000Source | 99,741,000Source |
| Income Tax Expense (Benefit)USD | — | — | 8,918,000Source | 8,397,000Source | 9,014,000Source | 8,281,000Source | 8,313,000Source | 9,344,000Source | 35,171,000Source | 33,787,000Source | 28,239,000Source | 24,651,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 23,718,000Source | 22,121,000Source | 24,732,000Source | 23,055,000Source | 24,071,000Source | 23,009,000Source | 93,605,000Source | 88,457,000Source | 88,314,000Source | 75,090,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 34.24Source | 29.96Source | 36.77Source | 33.06Source | 35.91Source | 32.88Source | 134.96Source | 121.02Source | 116.61Source | 96.55Source |
| Earnings Per Share, DilutedUSD per share | — | — | 33.92Source | 29.96Source | 36.39Source | 32.94Source | 35.34Source | 32.86Source | 133.96Source | 121.02Source | 116.61Source | 96.55Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 692,727Source | 738,421Source | 672,666Source | 697,332Source | 670,265Source | 699,736Source | 693,589Source | 730,914Source | 757,336Source | 777,726Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 699,211Source | 738,421Source | 679,560Source | 699,852Source | 681,179Source | 700,215Source | 698,768Source | 730,914Source | 757,336Source | 777,726Source |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance IncomeUSD | — | — | 639,000Source | 606,000Source | 662,000Source | 627,000Source | 638,000Source | 603,000Source | 2,530,000Source | 2,430,000Source | 2,027,000Source | 2,233,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 5Source | — | 5.35Source | 9.3Source | 5.1Source | — | 19.35Source | 18.1Source | 17.1Source | 16.15Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 12,852,000Source | 22,770,000Source | 33,842,000Source | 20,321,000Source |
| Equipment ExpenseUSD | — | — | 1,764,000Source | 1,513,000Source | 1,798,000Source | 1,784,000Source | 1,864,000Source | 1,638,000Source | 6,914,000Source | 6,055,000Source | 5,293,000Source | 4,968,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 38,369,000Source | 4,840,000Source |
| InterestExpenseOperatingUSD | — | — | 15,175,000Source | 16,642,000Source | 15,128,000Source | 16,193,000Source | 14,807,000Source | 13,997,000Source | 60,332,000Source | 65,301,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 55,417,000Source | 51,993,000Source | 57,350,000Source | 53,868,000Source | 56,903,000Source | 53,141,000Source | 219,160,000Source | 206,676,000Source | 215,385,000Source | 193,573,000Source |
| Labor and Related ExpenseUSD | — | — | 18,912,000Source | 19,049,000Source | 19,220,000Source | 18,432,000Source | 20,433,000Source | 17,144,000Source | 74,129,000Source | 72,472,000Source | 70,883,000Source | 64,250,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | 798,000Source | 758,000Source | 737,000Source | 730,000Source |
Filing attachments
ef20078645_ex99-1.htm · 8-K · 2026-07-23
EX-99.1 2 ef20078645_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 (OTCQX: FMCB) July 23, 2026 2026 Mid-Year Update Our Story Founded in 1916; Headquartered in Lodi, CA Serving Central California; 33 locations; 378 employees Expanded into San Francisco Bay Area in 2013 Expertise in Ag Lending >100 years; 20th largest in US Unique premier region; CA 4th largest economy in the world Full complement of products & services; commercial middle market focus; diversified portfolio; relationship driven Hist…
Read attachment ↗ef20076115_ex99-1.htm · 8-K · 2026-06-11
EX-99.1 2 ef20076115_ex99-1.htm EXHIBIT 99.1 Exhibit 99 Farmers & Merchants Bancorp (FMCB) Announces New Board Member Farmers & Merchants Bancorp (OTCQX: FMCB) announced today that Jehna Silva was appointed to the Board of Directors effective as of June 8, 2026. Ms. Silva brings more than 15 years of commercial banking experience to the Board, including extensive knowledge of relationship banking, lending and risk mitigation. Most recently, she served as Vice President, Shareholder Relati…
Read attachment ↗ef20071199_ex99-1.htm · 8-K · 2026-04-23
EX-99.1 2 ef20071199_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 (OTCQX: FMCB) April 22, 2026 2026 First Quarter Update Our Story Founded in 1916; Headquartered in Lodi, CA Serving Central California; 33 locations; 382 employees Expanded into San Francisco Bay Area in 2013 Expertise in Ag Lending >100 years; 20th largest in US Unique premier region; CA 4th largest economy in the world Full complement of products & services; commercial middle market focus; diversified portfolio; relationship drive…
Read attachment ↗ef20064575_ex99-1.htm · 8-K · 2026-02-02
Exhibit 99.1 (OTCQX: FMCB) February 2, 2026 2025 Year-End Update Our Story Founded in 1916; Headquartered in Lodi, CA Serving Central California; 33 locations; 383 employees Expanded into San Francisco Bay Area in 2013 Expertise in Ag Lending >100 years; 19th largest in US Unique premier region; CA 4th largest economy in the world Full complement of products & services; commercial middle market focus; diversified portfolio; relationship driven History of consistent and reliable profitable grow…
Read attachment ↗ef20057878_ex99-1.htm · 8-K · 2025-10-29
EX-99.1 2 ef20057878_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 2025 Third Quarter Update (OTCQX: FMCB) October 28, 2025 (FMCB) Our Story Founded in 1916; Headquartered in Lodi, CA Serving Central California; 33 locations; 380 employees Expanded into San Francisco Bay Area in 2013 Expertise in Ag Lending >100 years; 19th largest in US Unique premier region; CA 4th largest economy in the world Full complement of products & services; commercial middle market focus; diversified portfolio; relations…
Read attachment ↗ef20053870_ex99-1.htm · 8-K · 2025-08-14
EX-99.1 2 ef20053870_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Farmers & Merchants Bancorp Authorizes $45 Million Increase to Share Repurchase Program Farmers & Merchants Bancorp (OTCQX: FMCB ) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), announced that, effective immediately, the Company has authorized an increase of $45.0 million to the existing share repurchase program along with an extension of the program thro…
Read attachment ↗