-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HnVxdOPSNtBLThd58CVZ6gHFQu7A0ZUa2Aq6DtCizA/yEsPjCmr/Tg0uxFrqF2Uk gOkyoh9oCSh95LxgiBzh1g== 0001140361-07-010727.txt : 20070523 0001140361-07-010727.hdr.sgml : 20070523 20070523161603 ACCESSION NUMBER: 0001140361-07-010727 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070522 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070523 DATE AS OF CHANGE: 20070523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FARMERS & MERCHANTS BANCORP CENTRAL INDEX KEY: 0001085913 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 943327828 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26099 FILM NUMBER: 07874132 BUSINESS ADDRESS: STREET 1: 121 WEST PINE ST CITY: LODI STATE: CA ZIP: 95240-2184 BUSINESS PHONE: 2093672411 MAIL ADDRESS: STREET 1: FARMERS AND MERCHANTS BANCORP STREET 2: 121 WEST PINE ST CITY: LODI STATE: CA ZIP: 95240-2184 8-K 1 form8-k.txt FARMERS AND MERCHANTS 8-K 5-22-2007 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 22, 2007 ------------ (Date of earliest event reported) Farmers & Merchants Bancorp --------------------------- (Exact name of registrant as specified in its charter) Delaware -------- (State or other jurisdiction of incorporation) 000 - 26099 94-3327828 ----------- ---------- (Commission File Number) (IRS Employer Identification No.) 111 West Pine Street, Lodi, California 95240 ----------------------------------------------- (Address of principal executive offices) (Zip Code) (209) 367-2300 -------------- (Registrant's telephone number, including area code) Not Applicable -------------- (Former name or former address, if changes since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(C)) Item 8.01 Other Events ------------ On May 22, 2007, Farmers & Merchants Bancorp issued a press release announcing the Board of Directors' declaration of a mid-year cash dividend, a copy of which is included as Exhibit 99 and incorporated herein by reference. Item 9.01 Financial Statements and Exhibits --------------------------------- (c) Exhibits: 99 Press release announcing the Board of Directors of Farmers & Merchants Bancorp's declaration of a mid-year cash dividend. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FARMERS & MERCHANTS BANCORP By /s/ Stephen W. Haley -------------------------- Stephen W. Haley Executive Vice President & Chief Financial Officer Date: May 22, 2007 EX-99 2 ex99.txt EXHIBIT 99 EXHIBIT 99 FARMERS & MERCHANTS BANCORP ANNOUNCES A 16.0% INCREASE IN THE MID-YEAR CASH DIVIDEND PER SHARE The Board of Directors of Farmers & Merchants Bancorp declared a mid-year cash dividend of $4.35 per share, a 16.0% increase over the $3.75 per share paid in June of 2006. The cash dividend will be paid on July 1, 2007, to shareholders of record on June 5, 2007. The total mid-year 2007 cash dividend will be $3,531,000 compared to $3,070,000 paid in 2006. Kent Steinwert, President and CEO noted, "Farmers & Merchants Bancorp's strong first quarter financial performance represented the 37th consecutive quarter that net income exceeded the same quarter the prior year. Management and the Board are extremely pleased with year-to-date results, and the Board unanimously approved the cash dividend. This is the tenth consecutive year that the mid-year cash dividend has been increased." Farmers & Merchants Bancorp reported net income of $5,469,000 for the quarter ending March 31, 2007. Earnings per share of common stock outstanding for the first quarter were $6.74, up 12.3% from the first quarter of the prior year. In addition, loans outstanding grew 10.5%, total core deposits, excluding public time deposits, increased 8.5%, and total average assets were $1.42 billion up 6.5% over the first quarter of 2006. Return on average assets for the quarter was 1.54%, and return on average equity was 16.30%, an improvement of 48 basis points over the first quarter of the prior year. The Company's loan quality has remained extremely high with non-performing assets as of March 31, 2007 totaling only 0.02% of loans. In addition, the Company's loan loss reserve is 1.7% of loans. Farmers & Merchants Bancorp is the parent of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, Farmers & Merchants Bank is a full service community bank with over $1.4 billion in assets. F&M Bank proudly serves California's Great Central Valley through 21 branch offices conveniently located from Sacramento to Turlock. -----END PRIVACY-ENHANCED MESSAGE-----