FARMERS & MERCHANTS BANCORP INC
For the period ended Jun 30, 2026. Filed Jul 29, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 29, 2026
Contents
Cover page
Show cover page
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the quarterly period ended June 30,2026
or
☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the transition period from to
Commission File Number 001-38084
FARMERS & MERCHANTS BANCORP, INC.
(Exact name of registrant as specified in its charter)
| Ohio | 34-1469491 |
|---|---|
| (State or other jurisdiction ofincorporation or organization) | (IRS EmployerIdentification No.) |
| 307 North Defiance Street, Archbold, Ohio | 43502 |
|---|---|
| (Address of principal executive offices) | (Zip Code) |
(419)446-2501
Registrant’s telephone number, including area code
(Former name, former address and former fiscal year, if changed since last report.)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of Each Exchange |
|---|---|---|
| Common Stock, No Par Value | FMAO | NASDAQ Capital Market |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or Section 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☐ | Accelerated filer | ☒ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes☐ No☒
Indicate the number of shares of each of the issuers’ classes of common stock, as of the latest practicable date:
| Common Stock, No Par Value | 13,773,162 |
|---|---|
| Class | Outstanding as of July 27, 2026 |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10Q
FARMERS & MERCHANTS BANCORP, INC.
INDEX
| Form 10-Q Items · Page | ||
|---|---|---|
| PART I. | FINANCIAL INFORMATION | 3 |
| Item 1. | Financial Statements (Unaudited) | 3 |
| Condensed Consolidated Balance Sheets - June 30, 2026 and December 31, 2025 | 3 | |
| Condensed Consolidated Statements of Income - Three and Six Months Ended June 30, 2026 and June 30, 2025 | 4 | |
| Condensed Consolidated Statements of Comprehensive Income - Three and Six Months Ended June 30, 2026 and June 30, 2025 | 6 | |
| Condensed Consolidated Statements of Changes to Stockholders’ Equity - Three and Six Months Ended June 30, 2026 and June 30, 2025 | 7 | |
| Condensed Consolidated Statements of Cash Flows - Six Months Ended June 30, 2026 and June 30, 2025 | 9 | |
| Notes to Condensed Consolidated Financial Statements | 11 | |
| Item 2. | Management's Discussion and Analysis of Financial Condition and Results of Operations | 48 |
| Item 3. | Qualitative and Quantitative Disclosures About Market Risk | 73 |
| Item 4. | Controls and Procedures | 74 |
| PART II. | OTHER INFORMATION | 74 |
| Item 1. | Legal Proceedings | 74 |
| Item 1A. | Risk Factors | 74 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 76 |
| Item 3. | Defaults Upon Senior Securities | 76 |
| Item 4. | Mine Safety Disclosures | 76 |
| Item 5. | Other Information | 76 |
| Item 6. | Exhibits | 77 |
| Signatures | 78 | |
| Exhibit 101.INS · Inline XBRL Instance Document - The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | ||
| Exhibit 101.SCH · Inline XBRL Taxonomy Extension Schema with Embedded Linkbase Documents. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.