0001140361-13-043613.txt : 20131120 0001140361-13-043613.hdr.sgml : 20131120 20131120123515 ACCESSION NUMBER: 0001140361-13-043613 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20131119 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20131120 DATE AS OF CHANGE: 20131120 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: 131232302 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 form8k.htm FARMERS & MERCHANTS BANCORP 8-K 11-19-2013
 
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

November 19, 2013
(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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR  240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(C))
 
Item 8.01
Other Events
 
November 19, 2013, Farmers & Merchants Bancorp announced the Board of Directors’ declaration of a year-end 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:

 
Press release announcing the Board of Directors of Farmers & Merchants Bancorp’s declaration of a year-end 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:  November 19, 2013
 
 
 
 

 EX-99 2 ex99.htm EXHIBIT 99
EXHIBIT 99
 
FARMERS & MERCHANTS BANCORP ANNOUNCES AN
 INCREASE IN THE YEAR-END CASH DIVIDEND

The Board of Directors of Farmers & Merchants Bancorp declared a year-end cash dividend of $6.30 per share, an increase over the $6.20 per share declared in December of 2012. The cash dividend will be paid on January 2, 2014, to shareholders of record on December 6, 2013. Total cash dividends declared during 2013 were $9.72 million, or $12.50 per share of common stock, an increase of 3.0% over dividends per share declared in 2012. This is the 79th consecutive year that the Company has declared cash dividend payments to common shareholders.

Kent A. Steinwert, Chairman, President and Chief Executive Officer stated, “We are pleased that Farmers & Merchants Bank’s strong third quarter and year-to-date financial performance enabled us to increase the 2013 second half dividend.”

Farmers & Merchants Bancorp earned record quarterly net income of $6.35 million for the quarter ending September 30, 2013. Earnings per share of common stock outstanding for the third quarter were $8.17, up from $8.13 for the third quarter of the prior year. Return on average assets for the quarter was 1.28% and return on average equity was 12.38%.
 
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Farmers & Merchants Bancorp is the parent of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, the institution is a locally owned and operated community bank which proudly serves California’s Great Central Valley through 23 convenient locations from Sacramento to Merced.  F&M Bank offers a full complement of loan, deposit, and treasury management services to both businesses and consumers, and has received BauerFinancial’s coveted “Five-Star, Superior Bank” award, for safety and security for over 20 consecutive years.

FORWARD LOOKING STATEMENTS
 
Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, balance sheet management, expanded net interest margin, the ability to control costs and expenses, interest rate changes and financial policies of the United States government and general economic conditions. Additional information on these and other factors that could affect financial results are included in our Securities and Exchange Commission filings. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained herein to reflect future events or developments.