Farmers & Merchants Bancorp, Inc. (FMAO)

21.00 +0.79 (+3.91%) At close: 04:00PM EDT

Farmers & Merchants Bancorp, Inc.

307 North Defiance Street
Archbold, OH 43502
United States
419 446 2501
https://www.fm.bank

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 456

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Lars B. Eller	President, CEO & Director	562.55k	N/A	1967
Ms. Barbara J. Britenriker	Executive VP & CFO	307.52k	N/A	1962
Ms. Katrina L. DeGroff	Senior VP & Chief Accounting Officer	N/A	N/A	N/A
Ms. Shalini Singhal	Senior VP & Chief Information Officer	N/A	N/A	1976
Mr. Tim Carsey	Senior VP & Chief Administrative Officer	N/A	N/A	N/A
Ms. Marilyn K. Johnson	VP and Compliance & CRA Manager	N/A	N/A	N/A
Deborah L. Shinabery	VP of Sales & Retail Skills Development Manager	N/A	N/A	N/A
Ms. Amy L. Cover	Senior VP & Chief Marketing Officer	N/A	N/A	N/A
Ms. Alexis E. Smith	Senior VP & Chief People Officer	N/A	N/A	N/A
Mr. Phillip P. Lucas	Senior VP & Regional President	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio and Northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, bill-pay, on-line statement opportunities, and remote deposit capture or electronic deposit processing. Additionally, the company offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.

Corporate Governance

Farmers & Merchants Bancorp, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 5. The pillar scores are Audit: 5; Board: 2; Shareholder Rights: 6; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.