Farmers & Merchants Bancorp FY26 Q2 net income rises 7.27% to $24.73 million

• Farmers & Merchants Bancorp posted net income of $24.73 million for Q2 2026, up 7.27% from a year earlier.
• Net interest income rose 6.46% to $57.35 million as net interest margin widened 13 basis points to 4.20%.
• Provision for credit losses narrowed to $500,000 from $1.4 million; net charge-offs fell to $165,000 from $544,000.
• Non-interest expense increased 5.59% to $28.14 million on higher professional services and salaries; non-interest income slipped 8.75% to $5.04 million.
• Balance sheet expanded to $5.84 billion at June 30, 2026; deposits climbed 2.31% to $5.09 billion while the loan-to-deposit ratio eased to 73.07%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmers & Merchants Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-031718), on August 07, 2026, and is solely responsible for the information contained therein.