Farmers & Merchants Bancorp Inc 2026年季度报告

☒Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2026 or ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period fromtoCommission File Number 001-38084 FARMERS & MERCHANTS BANCORP, INC.(Exact name of registrant as specified in its charter) OHIO(State or other jurisdiction ofincorporation or organization) 307 North Defiance Street, Archbold, Ohio(Address of principal executive offices) (419) 446-2501Registrant’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: 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 of1934 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 suchfiling 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 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles). 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 anemerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☐Emerging growth company☐ Accelerated filer☒Smaller reporting 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 newor 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: 13,768,188Outstanding as of April 24, 2026 INDEXForm 10-Q ItemsPagePART I.FINANCIAL INFORMATION3Item1.Financial Statements (Unaudited)3Condensed Consolidated Balance Sheets - March 31, 2026 and December 31, 20253Condensed Consolidated Statements of Income - Three Months Ended March 31, 2026 and March31, 20254Condensed Consolidated Statements of Comprehensive Income - Three Months Ended March 31,2026 and March 31, 20256Condensed Consolidated Statements of Changes to Stockholders’ Equity - Three Months EndedMarch 31, 2026 and March 31, 20257Condensed Consolidated Statements of Cash Flows - Three Months Ended March 31, 2026 andMarch 31, 20259Notes to Condensed Consolidated Financial Statements11Item2.Management's Discussion and Analysis of Financial Condition and Results of Operations46Item3.Qualitative and Quantitative Disclosures About Market Risk64Item4.Controls and Procedures65PART II.OTHER INFORMATION65Item1.Legal Proceedings65Item 1A.Risk Factors65Item2.Unregistered Sales of Equity Securities and Use of Proceeds66Item3.Defaults Upon Senior Securities66Item4.Mine Safety Disclosures66Item5.Other Information66Item6.Exhibits67Signatures68 Exhibit 101.INSInline XBRL Instance Document - The instance document does not appear in the Interactive DataFile because its XBRL tags are embedded within the Inline XBRL document.Exhibit 101.SCHInline XBRL Taxonomy Extension Schema with Embedded Linkbase Documents. Commitments and Contingencies NOTE 1 BASIS OF PRESENTATION AND OTHER The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generallyaccepted accounting principles for interim financial information and with the instructions for Form 10-Q and Rule 10-01 ofRegulation S-X; accordingly, they do not include all of the information and footnotes required by generally accepted accountingprinciples for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurringaccruals considered necessary for a fair presentation, have been included. Operating results for the three months ended March 31,2026 are not necessarily indicative of the results that are expected for the year ended December 31, 2026. The condensedconsolidated balance sheet of the Company as of December 31, 2025, has been derived from the audited consolidated balancesheet of the Company as of that date. These condensed consolidated financial statements should be read in conjunction with theconsolidated financial statements and footnotes thereto included in the Farmers & Merchants Bancorp, Inc. (the "Company")'sAnnual Report on Fo