FARMERS & MERCHANTS BANCORP INC

F&M Bank announced several executive leadership appointments and expanded roles to strengthen operational execution, enhance legal and compliance, and advance its people strategy. Eric Faust was promoted to Executive Vice President and Chief Operating Officer, while Melody Charlton joined as Chief Legal and Compliance Officer. Benét Rupp will continue as Executive Vice President and Chief People Officer, and Dave Gerken's responsibilities as Executive Vice President and Chief Lending Officer were expanded. These changes reflect the bank's significant growth since 2018, with assets increasing from $1.1 billion to $3.55 billion and its workforce expanding.

F&M Bank, owned by Farmers & Merchants Bancorp, Inc., is relaunching its community event, "The Great Briefcase Hunt," starting June 15, 2026. The adventure involves following weekly clues to find a hidden briefcase worth $10,000, with $5,000 awarded to the winner and $5,000 donated to a local charity. This initiative aims to foster community engagement and build on the success of last year's event.

Farmers & Merchants Bancorp, Inc. reported record financial results for the first quarter of 2026. The company achieved its 92nd consecutive quarter of profitability, with net income increasing by 37.8% to $9.6 million, or $0.70 per basic and diluted share. This strong performance led to an improved return on average assets (ROAA) of 1.14%.

Farmers & Merchants Bancorp reported record first-quarter 2026 financial results, with net income surging 37.8% to $9.6 million, or $0.70 per diluted share. This strong performance was driven by a 39-basis point expansion in net interest margin to 3.42% and robust noninterest income. The company also saw significant balance sheet growth, with total deposits increasing 4.1% to $2.81 billion and total loans growing 3.9% to $2.68 billion, while maintaining excellent credit quality.

F&M Bank, a subsidiary of Farmers & Merchants Bancorp, Inc., has appointed Shalini Singhal as its Chief Information and Technology Officer (CITO). Singhal, who has been with the bank for nearly six years, previously held the position of Chief Information Officer. This promotion underscores her leadership and the bank's strategic commitment to enhancing enterprise technology, innovation, and cybersecurity, aligning technology with business growth and digital initiatives.