{"success":true,"data":{"pressRelease":{"id":"61877","rtpr_id":"nGNX7669zr","ticker":"FMCB","exchange":"OTC","all_tickers":["FMCB"],"title":"Farmers & Merchants Bancorp (FMCB) Announces New Board Member","author":"Globe Newswire","published_at":"2026-06-11T20:31:38.101Z","article_body":"LODI, Calif., June 11, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp\n(OTCQX: FMCB) announced today that Jehna Silva was appointed to the Board of\nDirectors effective as of June 8, 2026. Ms. Silva brings more than 15 years of\ncommercial banking experience to the Board, including extensive knowledge of\nrelationship banking, lending and risk mitigation. Most recently, she served\nas Vice President, Shareholder Relations, of the Company where she managed\nshareholder communications, supported governance and managed shareholder\nreporting. That combination of community banking depth and shareholder-facing\nexperience positions her to contribute to the Board’s strategic oversight\nwhile strengthening governance and continued growth.\n\nThroughout her career, Ms. Silva has actively supported local communities by\nserving on boards as well as raising funds for United Way and other local\ncharities. Currently, Ms. Silva serves on the board for the St. Joseph’s\nFoundation of San Joaquin and has previously served on the boards of Lodi\nAdopt-A-Child as Chair and the Leadership Stockton Alumni Association. She\nearned her Bachelor of Science degree in Business Administration from the\nUniversity of the Pacific as well as attended Southern Methodist\nUniversity’s Graduate Banking program at the Cox School of Business.\n\n\"On behalf of the Board of Directors, I want to welcome Jehna to the Board.\nShe brings a history of professional experience, leadership, and commitment to\nexceptional corporate governance practices to our Board,” said Kent A.\nSteinwert, Chairman, President, and Chief Executive Officer of FMCB. “I look\nforward to working with her as we continue to serve the needs of the\nCompany’s five key constituents, which are the shareholders, customers,\nemployees, the communities we serve, and government, in a balanced manner.”\n\nMs. Silva has been appointed to serve on the CRA, Budget and Finance, and ALCO\nCommittees of F&M Bank.\n\nAbout Farmers & Merchants Bancorp\n\nFarmers & Merchants Bancorp trades on the OTCQX under the symbol FMCB, and is\nthe parent company of Farmers & Merchants Bank of Central California, also\nknown as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated\ncommunity bank that proudly serves California through 33 convenient locations.\nF&M Bank is financially strong, with $5.8 billion in assets, and is\nconsistently recognized as one of the nation’s safest banks by national bank\nrating firms. The Bank has maintained a 5-Star rating from BauerFinancial for\n35 consecutive years, longer than any other commercial bank in the State of\nCalifornia.\n\nFarmers & Merchants Bancorp has paid dividends for 91 consecutive years and\nhas increased dividends for 61 consecutive years. As a result, Farmers &\nMerchants Bancorp is a member of a select group of only 57 publicly traded\ncompanies referred to as “Dividend Kings,” and is ranked 17(th) in that\ngroup based on consecutive years of dividend increases. A “Dividend King”\nis a stock with 50 or more consecutive years of dividend increases.\n\nIn February 2026, F&M Bank was ranked 5(th) on Forbes Magazine’s list of\n“America’s Best Banks” for 2025 and was ranked 1(st) in California. In\nApril 2024, F&M Bank was ranked 6(th) on Forbes Magazine’s list of\n“America’s Best Banks” for 2023.\n\nIn July 2025, Farmers & Merchants Bancorp was named by Bank Director’s\nMagazine as the #3 best-performing bank in the nation across all asset\ncategories in their annual “Ranking Banking” study of the top performing\nbanks for 2024. In July 2024, Farmers & Merchants Bancorp was named by Bank\nDirector’s Magazine as the #2 best-performing bank in the nation across all\nasset categories in their annual “Ranking Banking” study of the top\nperforming banks for 2023. In July 2023, the Bank was named by Bank\nDirector’s Magazine as the #1 best-performing bank in the nation across all\nasset categories in their annual “Ranking Banking” study of the top\nperforming banks for 2022.\n\nIn December 2023, F&M Bank was ranked 4(th) on S&P Global Market\nIntelligence’s “Top 50 List of Best-Performing Community Banks” in the\nUS with assets between $3.0 billion and $10.0 billion for 2023. S&P Global\nMarket Intelligence ranks financial institutions based on several key factors\nincluding financial returns, growth, and balance sheet risk profile.\n\nIn October 2021, F&M Bank was named the “Best Community Bank in\nCalifornia” by Newsweek magazine. Newsweek’s ranking recognizes those\nfinancial institutions that best serve their customers’ needs in each state.\nThis recognition speaks to the superior customer service the F&M Bank team\nmembers provide to their clients.\n\nF&M Bank was ranked the 20(th) largest bank lender to agriculture in the\nUnited States as of December 31, 2025, by American Bankers Association. F&M\nBank operates in the mid-Central Valley of California, including Sacramento,\nSan Joaquin, Solano, Stanislaus, and Merced counties and the east region of\nthe San Francisco Bay Area, including Napa, Alameda and Contra Costa counties.\n\nF&M Bank offers a full complement of loan, deposit, equipment leasing and\ntreasury management products to businesses, as well as a full suite of\nconsumer banking products. The FDIC awarded F&M Bank the highest possible\nrating of “Outstanding” in their last Community Reinvestment Act\n(“CRA”) evaluation.\n\nForward-Looking Statements\n\nThis press release may contain certain forward-looking statements that are\nbased on management’s current expectations regarding the Company’s\nfinancial performance. Forward-looking statements can be identified by the\nfact that they do not relate strictly to historical or current facts. They\noften include words such as “believe,” “expect,” “intend,”\n“estimate” or words of similar meaning, or future or conditional verbs\nsuch as “will,” “would,” “should,” “could” or\n“may.” Forward-looking statements in this press release include matters\nthat involve known and unknown risks, uncertainties and other factors that may\ncause actual results to differ materially from results expressed or implied by\nsuch forward-looking statements. Such risk factors include, among others: the\neffects of and changes in monetary and fiscal policies, including the interest\nrate policies of the Federal Reserve Board and their effects on inflation\nrisk; financial and regulatory policies of the United States government;\npolitical and economic uncertainty, including any decline in global, domestic\nor local economic conditions or the stability of credit and financial markets\nand the impact of tariffs and the conflict in Iran and the Middle East; and\nother relevant risks detailed in the Company’s Form 10-K, Form 10-Qs, and\nvarious other securities law filings made periodically by the Company, copies\nof which are available from the Company’s website. All such factors are\ndifficult to predict and are beyond the Company’s ability to control or\npredict. There also may be additional risks that the Company does not\npresently know, or that the Company currently believes to be immaterial, that\ncould also cause actual results to differ materially and adversely from those\ncontained in these forward-looking statements. The Company undertakes no\nobligation to publicly update or revise any forward-looking statements,\nwhether as a result of new information, future events or circumstances after\nthe date of this press release or otherwise, except as may be required by\napplicable law.\n\nFor more information about Farmers & Merchants Bancorp and F&M Bank, visit\nfmbonline.com.\n\nInvestor Relations Contact\n\nFarmers & Merchants Bancorp\nBart R. Olson \nExecutive Vice President and Chief Financial Officer\nPhone: 209-367-2485\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f3c8f1e2-556f-4e52-b570-afdf7e43ab39)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7669zr","title":"Farmers & Merchants Bancorp (FMCB) Announces New Board Member","author":"Globe Newswire","ticker":"FMCB","created":"2026-06-11T20:31:38.101Z","tickers":["FMCB"],"exchange":"OTC","article_body":"LODI, Calif., June 11, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp\n(OTCQX: FMCB) announced today that Jehna Silva was appointed to the Board of\nDirectors effective as of June 8, 2026. Ms. Silva brings more than 15 years of\ncommercial banking experience to the Board, including extensive knowledge of\nrelationship banking, lending and risk mitigation. Most recently, she served\nas Vice President, Shareholder Relations, of the Company where she managed\nshareholder communications, supported governance and managed shareholder\nreporting. That combination of community banking depth and shareholder-facing\nexperience positions her to contribute to the Board’s strategic oversight\nwhile strengthening governance and continued growth.\n\nThroughout her career, Ms. Silva has actively supported local communities by\nserving on boards as well as raising funds for United Way and other local\ncharities. Currently, Ms. Silva serves on the board for the St. Joseph’s\nFoundation of San Joaquin and has previously served on the boards of Lodi\nAdopt-A-Child as Chair and the Leadership Stockton Alumni Association. She\nearned her Bachelor of Science degree in Business Administration from the\nUniversity of the Pacific as well as attended Southern Methodist\nUniversity’s Graduate Banking program at the Cox School of Business.\n\n\"On behalf of the Board of Directors, I want to welcome Jehna to the Board.\nShe brings a history of professional experience, leadership, and commitment to\nexceptional corporate governance practices to our Board,” said Kent A.\nSteinwert, Chairman, President, and Chief Executive Officer of FMCB. “I look\nforward to working with her as we continue to serve the needs of the\nCompany’s five key constituents, which are the shareholders, customers,\nemployees, the communities we serve, and government, in a balanced manner.”\n\nMs. Silva has been appointed to serve on the CRA, Budget and Finance, and ALCO\nCommittees of F&M Bank.\n\nAbout Farmers & Merchants Bancorp\n\nFarmers & Merchants Bancorp trades on the OTCQX under the symbol FMCB, and is\nthe parent company of Farmers & Merchants Bank of Central California, also\nknown as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated\ncommunity bank that proudly serves California through 33 convenient locations.\nF&M Bank is financially strong, with $5.8 billion in assets, and is\nconsistently recognized as one of the nation’s safest banks by national bank\nrating firms. The Bank has maintained a 5-Star rating from BauerFinancial for\n35 consecutive years, longer than any other commercial bank in the State of\nCalifornia.\n\nFarmers & Merchants Bancorp has paid dividends for 91 consecutive years and\nhas increased dividends for 61 consecutive years. As a result, Farmers &\nMerchants Bancorp is a member of a select group of only 57 publicly traded\ncompanies referred to as “Dividend Kings,” and is ranked 17(th) in that\ngroup based on consecutive years of dividend increases. A “Dividend King”\nis a stock with 50 or more consecutive years of dividend increases.\n\nIn February 2026, F&M Bank was ranked 5(th) on Forbes Magazine’s list of\n“America’s Best Banks” for 2025 and was ranked 1(st) in California. In\nApril 2024, F&M Bank was ranked 6(th) on Forbes Magazine’s list of\n“America’s Best Banks” for 2023.\n\nIn July 2025, Farmers & Merchants Bancorp was named by Bank Director’s\nMagazine as the #3 best-performing bank in the nation across all asset\ncategories in their annual “Ranking Banking” study of the top performing\nbanks for 2024. In July 2024, Farmers & Merchants Bancorp was named by Bank\nDirector’s Magazine as the #2 best-performing bank in the nation across all\nasset categories in their annual “Ranking Banking” study of the top\nperforming banks for 2023. In July 2023, the Bank was named by Bank\nDirector’s Magazine as the #1 best-performing bank in the nation across all\nasset categories in their annual “Ranking Banking” study of the top\nperforming banks for 2022.\n\nIn December 2023, F&M Bank was ranked 4(th) on S&P Global Market\nIntelligence’s “Top 50 List of Best-Performing Community Banks” in the\nUS with assets between $3.0 billion and $10.0 billion for 2023. S&P Global\nMarket Intelligence ranks financial institutions based on several key factors\nincluding financial returns, growth, and balance sheet risk profile.\n\nIn October 2021, F&M Bank was named the “Best Community Bank in\nCalifornia” by Newsweek magazine. Newsweek’s ranking recognizes those\nfinancial institutions that best serve their customers’ needs in each state.\nThis recognition speaks to the superior customer service the F&M Bank team\nmembers provide to their clients.\n\nF&M Bank was ranked the 20(th) largest bank lender to agriculture in the\nUnited States as of December 31, 2025, by American Bankers Association. F&M\nBank operates in the mid-Central Valley of California, including Sacramento,\nSan Joaquin, Solano, Stanislaus, and Merced counties and the east region of\nthe San Francisco Bay Area, including Napa, Alameda and Contra Costa counties.\n\nF&M Bank offers a full complement of loan, deposit, equipment leasing and\ntreasury management products to businesses, as well as a full suite of\nconsumer banking products. The FDIC awarded F&M Bank the highest possible\nrating of “Outstanding” in their last Community Reinvestment Act\n(“CRA”) evaluation.\n\nForward-Looking Statements\n\nThis press release may contain certain forward-looking statements that are\nbased on management’s current expectations regarding the Company’s\nfinancial performance. Forward-looking statements can be identified by the\nfact that they do not relate strictly to historical or current facts. They\noften include words such as “believe,” “expect,” “intend,”\n“estimate” or words of similar meaning, or future or conditional verbs\nsuch as “will,” “would,” “should,” “could” or\n“may.” Forward-looking statements in this press release include matters\nthat involve known and unknown risks, uncertainties and other factors that may\ncause actual results to differ materially from results expressed or implied by\nsuch forward-looking statements. Such risk factors include, among others: the\neffects of and changes in monetary and fiscal policies, including the interest\nrate policies of the Federal Reserve Board and their effects on inflation\nrisk; financial and regulatory policies of the United States government;\npolitical and economic uncertainty, including any decline in global, domestic\nor local economic conditions or the stability of credit and financial markets\nand the impact of tariffs and the conflict in Iran and the Middle East; and\nother relevant risks detailed in the Company’s Form 10-K, Form 10-Qs, and\nvarious other securities law filings made periodically by the Company, copies\nof which are available from the Company’s website. All such factors are\ndifficult to predict and are beyond the Company’s ability to control or\npredict. There also may be additional risks that the Company does not\npresently know, or that the Company currently believes to be immaterial, that\ncould also cause actual results to differ materially and adversely from those\ncontained in these forward-looking statements. The Company undertakes no\nobligation to publicly update or revise any forward-looking statements,\nwhether as a result of new information, future events or circumstances after\nthe date of this press release or otherwise, except as may be required by\napplicable law.\n\nFor more information about Farmers & Merchants Bancorp and F&M Bank, visit\nfmbonline.com.\n\nInvestor Relations Contact\n\nFarmers & Merchants Bancorp\nBart R. Olson \nExecutive Vice President and Chief Financial Officer\nPhone: 209-367-2485\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f3c8f1e2-556f-4e52-b570-afdf7e43ab39)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-11T20:31:38.145296311Z","server_sent_at_ms":1781209898145},"received_at":"2026-06-11T20:31:38.207Z","source_url":null},"analysis":{"id":"51303","press_release_id":"61877","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":[],"eventType":"board_change","narrative":"Farmers & Merchants Bancorp appointed Jehna Silva to its Board of Directors, effective June 8, 2026.\n\nSilva joins the board from within the company, having previously served as Vice President of Shareholder Relations.\n\nShe brings over 15 years of commercial banking experience and will serve on the CRA, Budget and Finance, and ALCO committees.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine internal board appointment; low signal for external investors."},"keyFigures":{"customDimensions":{"total_assets":"$5.8 billion","dividend_payment_streak":"91 years","dividend_increase_streak":"61 years"}},"quotedText":"She brings a history of professional experience, leadership, and commitment to exceptional corporate governance practices to our Board","namedEntities":{"people":[{"name":"Jehna Silva","role":"New Board Member"},{"name":"Kent A. 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This is a standard corporate governance update with no material financial or strategic impact."},"tickerRelevance":{"others":[],"primary":"FMCB"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine_governance","sectorWeight":"financials","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"board_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Farmers & Merchants Bancorp appointed Jehna Silva to its Board of Directors, effective June 8, 2026.\n\nSilva joins the board from within the company, having previously served as Vice President of Shareholder Relations.\n\nShe brings over 15 years of commercial banking experience and will serve on the CRA, Budget and Finance, and ALCO committees.","key_figures":{"customDimensions":{"total_assets":"$5.8 billion","dividend_payment_streak":"91 years","dividend_increase_streak":"61 years"}},"named_entities":{"people":[{"name":"Jehna Silva","role":"New Board Member"},{"name":"Kent A. 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