• Farmers & Merchants Bank posted net income of $1.8 million for quarter ended March 31, 2026, up 57%, with EPS of $0.56.
• Net interest income climbed to $6.8 million, rising 23% as yield on earning assets increased 34 basis points to 5.37%.
• Efficiency ratio improved to 65.83%, a 9.4 percentage-point decline from year-ago levels.
• Total assets edged down to $863.4 million, while deposits slipped to $711.3 million on repayment of $8.5 million in brokered CDs.
• CEO Gary A. Harris said the bank is investing in technology modernization, stronger tools, and talent to support growth, adding that management expects 2026 to be another strong year.

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 Bank published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604240845PRIMZONEFULLFEED9696333) on April 24, 2026, and is solely responsible for the information contained therein.