Farmers & Merchants Bancorp.
- FMCB · OTC
- National Commercial Banks
- Lodi, CA
- 383 employees
- CIK 0001085913
Updated from SEC filings through
Top things to know
Executives
- Kent A. Steinwert President/CEO 4/A, 2026-08-25
- Bart R. Olson Executive Vice President 4/A, 2026-08-25
- J. Ryan Misasi Executive Vice President 4/A, 2026-08-25
- Thomas A. Bennett Executive Vice President 4/A, 2026-08-25
- Troy Harper Executive Vice President 4/A, 2026-08-25
- David Zitterow Executive Vice President 4/A, 2026-08-25
Farmers & Merchants Bancorp is a U.S. public company in national commercial banks (SIC 6021), headquartered in Lodi, CA. It trades as FMCB on OTC. Revenue was $279M in the fiscal year ending December 31, 2025, +2.8% from the year before. It reported about 383 employees. Kent A. Steinwert is President/CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $279M 10-K, 2026-03-13 | $272M 10-K, 2026-03-13 | $254M 10-K, 2026-03-13 | $198M 10-K, 2025-03-17 | $165M 10-K, 2024-03-14 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $93.6M 10-K, 2026-03-13 | $88.5M 10-K, 2026-03-13 | $88.3M 10-K, 2026-03-13 | $75.1M 10-K, 2025-03-17 | $66.3M 10-K, 2024-03-14 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Kent A. Steinwert | President/CEO | 4/A, 2026-08-25 |
| Bart R. Olson EVP, Chief Financial Officer | Executive Vice President | 4/A, 2026-08-25 |
| J. Ryan Misasi Executive Vice President, Retail Banking at F&M BANK | Executive Vice President | 4/A, 2026-08-25 |
| Thomas A. Bennett Risk and Finance Professional, Executive Leader, Culture Champion, Strategic Business Partner | Executive Vice President | 4/A, 2026-08-25 |
| Troy Harper Chief Administrative Officer (CAO) at Farmers & Merchants Bank of Central California | Executive Vice President | 4/A, 2026-08-25 |
| David Zitterow | Executive Vice President | 4/A, 2026-08-25 |
| John W. Weubbe | Executive Vice President | 4/A, 2026-08-25 |
| Craig James | Director | 10-K, 2026-03-13 |
| Deborah E. Skinner | Director | 10-K, 2026-03-13 |
| Edward Corum, Jr. | Director | 10-K, 2026-03-13 |
| Gary Long | Director | 10-K, 2026-03-13 |
| Kevin Sanguinetti | Director | 10-K, 2026-03-13 |
| Stephenson K. Green | Director | 10-K, 2026-03-13 |
What Farmers & Merchants Bancorp does
Farmers & Merchants Bancorp (the “Company” or “FMCB”) is a Delaware registered bank holding company organized in 1999.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 697,388 (as of October 31, 2026) | 10-Q, November 6, 2026 |
|---|---|---|
| Public float | $634M (as of June 30, 2025) | 10-K, March 13, 2026 |
| Reportable segments | 1 (period ending December 31, 2025) | 10-K, March 13, 2026 |
| Latest proxy statement | Meeting May 11, 2026 (filed April 1, 2026) | DEF 14A, April 1, 2026 |
| Auditor | Crowe LLP (Sacramento, California) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 5, 2025 | Kevin Sanguinetti Director | Buy | 10 | $10K | Form 4, November 6, 2025 |
Recent 8-K events
- 8-K filed 2026-10-21
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-20
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-13
- Item 8.01 Other events
- 8-K filed 2026-07-23
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-20
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-11
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-05-13
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-12
- Item 8.01 Other events
- 8-K filed 2026-04-23
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-20
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Farmers & Merchants Bancorp
- What does Farmers & Merchants Bancorp do?
- In its own words, from Item 1 of its 10-K: "Farmers & Merchants Bancorp (the “Company” or “FMCB”) is a Delaware registered bank holding company organized in 1999."
- What is Farmers & Merchants Bancorp's revenue?
- $279M for the fiscal year ending December 31, 2025, from its 10-K filed March 13, 2026.
- Is Farmers & Merchants Bancorp profitable?
- Farmers & Merchants Bancorp reported net income of $93.6M for the fiscal year ending December 31, 2025.
- How many employees does Farmers & Merchants Bancorp have?
- About 383 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Farmers & Merchants Bancorp?
- Kent A. Steinwert, President/CEO, as named in a 4/A filed August 25, 2026.
- Where is Farmers & Merchants Bancorp headquartered?
- Lodi, CA.
- What is Farmers & Merchants Bancorp's stock ticker?
- FMCB on OTC.
- What industry is Farmers & Merchants Bancorp in?
- National Commercial Banks, SIC code 6021.
- What is Farmers & Merchants Bancorp's website?
- fmbonline.com. Investor relations: https://ir.fm.bank/.
- When does Farmers & Merchants Bancorp report earnings next?
- January 18, 2027. Source: estimate_8k_pattern.
- Is Farmers & Merchants Bancorp a public company?
- Yes. Farmers & Merchants Bancorp files with the SEC under CIK 0001085913 and trades as FMCB.
- Who audits Farmers & Merchants Bancorp?
- Crowe LLP, Sacramento, California, as named in its latest annual report (10-K).
- How many shares of Farmers & Merchants Bancorp are outstanding?
- 697,388 shares as of October 31, 2026, from its 10-Q filed November 6, 2026.
- What is Farmers & Merchants Bancorp's public float?
- $634M as of June 30, 2025, as reported on the cover of its 10-K filed March 13, 2026.
- How many business segments does Farmers & Merchants Bancorp report?
- 1 reportable segment for the period ending December 31, 2025, from its 10-K filed March 13, 2026.
- When is Farmers & Merchants Bancorp's annual shareholder meeting?
- May 11, 2026, per its proxy statement (DEF 14A) filed April 1, 2026.
- Have Farmers & Merchants Bancorp insiders traded stock recently?
- Since November 5, 2025, officers and directors reported 0 open-market sales and 1 purchase worth about $10K on Forms 4 and 5. The most recent: Kevin Sanguinetti (Director) bought 10 shares on November 5, 2025.