ADDED
As of February 20, 2026, the Registrant had 14,564,425 shares of common stock issued of which 13,748,074 shares are outstanding.
Changes In and Disagreements on Accounting and Financial Disclosure 119 Item9a.
Form 10-K Summary 126 Signatures 127 Exhibit 10.9 Farmers Merchants Bancorp, Inc.
Certifications Under Section 906 150 Exhibit 101.INS Inline XBRL Instance Document The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
Total Pages: 151 2 Forward Looking Statements This Annual Report on Form 10-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include, without limitation, statements regarding the Company s expectations, beliefs, plans, objectives, goals, projections, assumptions, or future events or performance and may be identified by words such as may, will, should, could, anticipate, believe, expect, intend, plan, estimate, project, continue, potential, or similar expressions.
Additional risks and uncertainties not presently known to the Company or that the Company currently deems immaterial also may adversely affect the Company s business, financial condition, results of operations, or cash flows.
Forward-looking statements speak only as of the date on which they are made.
Except as required by applicable law or regulation, the Company undertakes no obligation to update, revise, or publicly disclose the results of any revisions to any forward-looking statement to reflect new information, future events, or otherwise.
Readers are cautioned not to place undue reliance on forward-looking statements.
REMOVED
As of February 21, 2025, the Registrant had 14,564,425 shares of common stock issued of which 13,700,311 shares are outstanding.
Changes In and Disagreements on Accounting and Financial Disclosure 120 Item9a.
Form 10-K Summary 128 Signatures 129 Exhibit 10.5 Form of Restricted Stock Award with Non-solicit Covenants 130 Exhibit 10.6 Form of Restricted Stock Award for Senior Officers with Non-competition Covenants 134 Exhibit 10.8 Change in Control Agreement 138 Exhibit 19.
Clawback Policy 156 Exhibit 101.INS Inline XBRL Instance Document The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
Total Pages: 158 3 Forward Looking Statements Statements contained in the Company's Annual Report on Form 10-K may be forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of such words as "intend," "believe," "expect," "anticipate," "should," "planned," "estimated," and "potential." Such forward-looking statements are based on current expectations but may differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.
Other factors which could have a material adverse effect on the operations of the Company and its subsidiaries which include, but are not limited to, changes in interest rates, general economic conditions, legislative and regulatory changes, monetary and fiscal policies of the U.S.
Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Bank's market area, changes in relevant accounting principles and guidelines and other factors over which management has no control.
The forward-looking statements are made as of the date of this report, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Our other subsidiary, Farmers Merchants Risk Management (Captive) was a captive insurance company formed in December 2014 and located in Nevada.