{"id":741749,"date":"2023-03-21T16:35:06","date_gmt":"2023-03-21T20:35:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/farmers-merchants-bancorp-inc-declares-2023-first-quarter-cash-dividend\/"},"modified":"2023-03-21T16:35:06","modified_gmt":"2023-03-21T20:35:06","slug":"farmers-merchants-bancorp-inc-declares-2023-first-quarter-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/farmers-merchants-bancorp-inc-declares-2023-first-quarter-cash-dividend\/","title":{"rendered":"Farmers &amp; Merchants Bancorp, Inc. Declares 2023 First-Quarter Cash Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ARCHBOLD, Ohio, March  21, 2023  (GLOBE NEWSWIRE) &#8212; The Board of Directors of Farmers &amp; Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers &amp; Merchants State Bank, with assets of $3.02 billion at December 31, 2022, today announced that it has approved the Company\u2019s quarterly cash dividend of $0.21 per share, which is a 10.5% increase over the 2022 first-quarter dividend. The first quarter dividend is payable on April 20, 2023, to shareholders of record as of April 1, 2023.\u00a0\u00a0<\/p>\n<p align=\"justify\">\n        <strong>About Farmers &amp; Merchants Bancorp, Inc<\/strong>\u00a0\u00a0 <br \/>The Farmers &amp; Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers &amp; Merchants State Bank provides commercial banking, retail banking and other financial services. Our locations are in Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Western Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties, and we have a Loan Production Offices in West Bloomfield, Michigan; Muncie, Indiana; and Bryan and Oxford, Ohio.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement<\/strong><br \/>\n        <br \/>Farmers &amp; Merchants Bancorp, Inc. (\u201cF&amp;M\u201d) wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995. Statements by F&amp;M, including management\u2019s expectations and comments, may not be based on historical facts and are \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&amp;M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&amp;M assumes no responsibility to update this information. For more details, please refer to F&amp;M\u2019s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC\u2019s website,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LckQRbMeVZLVtyYkh5o1S-hkbddojUik2ODDGLmoW81o7M7b54Axn3BsxBZdhBiRE2_YPt0ovERikf7z1-9Pp3N5aw39-0gVL9pDkdJRvjqGSsVG7BsBJp4T456WP6TbNyzh8E7EPtjUJkmWL4VRQArMR21FuQIE6wbpbV2pyqYCnAokGpVSEHEHgwUU5EsRdPRnD-EmpMDTG2549HRSkoFawPpl0ZW5R158bU8ccaE=\" rel=\"nofollow noopener\" target=\"_blank\">www.sec.gov<\/a>\u00a0or through F&amp;M\u2019s website\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8Yfbh26EbcxKpuSyBQ-q2nUbdQCvTUh1iKtOk5UQPquXMgoIT2_sxNWuuHAXSZWQwn9FKUmaXxWkVjtu4KSs4D3f4V0FQfUDL1ay3iy7dN9jdTzr0M0LZH1Djerp4VQ4PAExDMD2l7q1QwdWNz2OoKahwVpAe8dYm2G72XRM9ANOKsv_Vmt1Z_9FcJ6y-7G6WCpVBoSZYQjebx6qdN7bh7PT45-nj1xqrw6ncdG3ycA=\" rel=\"nofollow noopener\" target=\"_blank\">www.fm.bank<\/a>.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:30%;width:30%;min-width:30%;vertical-align: top\">\n            <strong>Company Contact:<\/strong>\n          <\/td>\n<td style=\"max-width:70%;width:70%;min-width:70%;vertical-align: top\">\n            <strong>Investor and Media Contact:<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">Lars B. Eller<br \/>President and Chief Executive Officer <br \/>Farmers &amp; Merchants Bancorp, Inc.<br \/>(419) 446-2501 <br \/><a href=\"mailto:leller@fm.bank\" rel=\"nofollow noopener\" target=\"_blank\">leller@fm.bank<\/a><\/td>\n<td style=\"vertical-align: top\">Andrew M. Berger<br \/>Managing Director<br \/>SM Berger &amp; Company, Inc. <br \/>(216) 464-6400<br \/><a href=\"mailto:andrew@smberger.com\" rel=\"nofollow noopener\" target=\"_blank\">andrew@smberger.com<\/a><\/td>\n<\/tr>\n<\/table>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5Mjk0MyM1NDc0ODYzIzIwNDk4NzU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZmI1MzkxZjgtNjg3MC00YmJhLWEyZTQtMTk3YWQwZjJmYmNjLTEwNjE0NDY=\/tiny\/Farmers-Merchants-Bancorp-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ARCHBOLD, Ohio, March 21, 2023 (GLOBE NEWSWIRE) &#8212; The Board of Directors of Farmers &amp; Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers &amp; Merchants State Bank, with assets of $3.02 billion at December 31, 2022, today announced that it has approved the Company\u2019s quarterly cash dividend of $0.21 per share, which is a 10.5% increase over the 2022 first-quarter dividend. The first quarter dividend is payable on April 20, 2023, to shareholders of record as of April 1, 2023.\u00a0\u00a0 About Farmers &amp; Merchants Bancorp, Inc\u00a0\u00a0 The Farmers &amp; Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers &amp; Merchants State Bank provides commercial &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/farmers-merchants-bancorp-inc-declares-2023-first-quarter-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Farmers &amp; Merchants Bancorp, Inc. Declares 2023 First-Quarter Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741749","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Farmers &amp; Merchants Bancorp, Inc. 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