FARMERS & MERCHANTS BANCORP Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue27,604  27,925  27,137  28,901  Cost of Revenue3,164  4,041  4,231  4,833  Gross Profit -  23,884  22,906  24,068  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative12,084  11,111  11,975  10,168  Non Recurring(407)407   -   -  Others2,215  7,209  921  5,292  Total Operating Expenses -   -   -   -  Operating Income or Loss -  5,157  10,010  8,608  Income from Continuing OperationsTotal Other Income/Expenses Net -   -   -   -  Earnings Before Interest And Taxes10,548  5,157  10,010  8,608  Interest Expense642  652  658  700  Income Before Tax9,906  4,505  9,352  7,908  Income Tax Expense3,728  1,429  3,418  2,901  Minority Interest -   -   -   -  Net Income From Continuing Ops6,178  3,076  5,934  5,007  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   ...
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FARMERS & MERCHANTS BANCORP Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion And Analysis Of Financial Condition And Results Of Operations The following is management's discussion and analysis of the major factors that influenced our financial performance for the three and nine months ended September 30, 2009. This analysis should be read in conjunction with our 2008 Annual Report to Shareholders on Form 10-K, and with the unaudited financial statements and notes as set forth in this report. Forward-Looking Statements This Form 10-Q contains various forward-looking statements, usually containing the words "estimate," "project," "expect," "objective," "goal," or similar expressions and includes assumptions concerning the Company's operations, future results, and prospects. These forward-looking statements are based upon current expectations and are subject to risks and uncertainties. In connection with the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Company provides the following cautionary statement identifying important factors which could cause the actual results of events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. Such factors include the following: (i) the current economic downturn and turmoil in financial markets and the response of federal and state regulators thereto; (ii) the effect of changing regional and national economic conditions including in the housing market in the Central Valley of California; (iii) significant changes in interest rates and prepayment speeds; (iv) credit risks of lending and investment activities; (v) changes in federal and state banking laws or regulations; (vi) competitive pressure in the banking industry; (vii) changes in governmental fiscal or monetary policies; (viii) uncertainty regarding the economic outlook resulting from the continuing war on terrorism, as well as actions taken or to be tak...
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FARMERS & MERCHANTS BANCORP Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion And Analysis Of Financial Condition And Results Of Operations The following is management's discussion and analysis of the major factors that influenced our financial performance for the three and six months ended June 30, 2009. This analysis should be read in conjunction with our 2008 Annual Report to Shareholders on Form 10-K, and with the unaudited financial statements and notes as set forth in this report. Forward-Looking Statements This Form 10-Q contains various forward-looking statements, usually containing the words "estimate," "project," "expect," "objective," "goal," or similar expressions and includes assumptions concerning the Company's operations, future results, and prospects. These forward-looking statements are based upon current expectations and are subject to risks and uncertainties. In connection with the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Company provides the following cautionary statement identifying important factors which could cause the actual results of events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. Table of Contents Such factors include the following: (i) the current economic downturn and turmoil in financial markets and the response of federal and state regulators thereto; (ii) the effect of changing regional and national economic conditions including in the housing market in the Central Valley of California; (iii) significant changes in interest rates and prepayment speeds; (iv) credit risks of lending and investment activities; (v) changes in federal and state banking laws or regulations; (vi) competitive pressure in the banking industry; (vii) changes in governmental fiscal or monetary policies; (viii) uncertainty regarding the economic outlook resulting from the continuing war on terrorism...
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FARMERS & MERCHANTS BANCORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits

Show all filings for FARMERS & MERCHANTS BANCORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for FARMERS & MERCHANTS BANCORP 20-May-2009Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" fo...
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FARMERS & MERCHANTS BANCORP Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion And Analysis Of Financial Condition And Results Of Operations The following is management's discussion and analysis of the major factors that influenced our financial performance for the three months ended March 31, 2009. This analysis should be read in conjunction with our 2008 Annual Report to Shareholders on Form 10-K, and with the unaudited financial statements and notes as set forth in this report. Forward-Looking Statements This Form 10-Q contains various forward-looking statements, usually containing the words "estimate," "project," "expect," "objective," "goal," or similar expressions and includes assumptions concerning the Company's operations, future results, and prospects. These forward-looking statements are based upon current expectations and are subject to risks and uncertainties. In connection with the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Company provides the following cautionary statement identifying important factors which could cause the actual results of events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. Such factors include the following: (i) the current economic downturn and turmoil in financial markets and the response of federal and state regulators thereto; (ii) the effect of changing regional and national economic conditions including in the housing market in the Central Valley of California; (iii) significant changes in interest rates and prepayment speeds; (iv) credit risks of lending and investment activities; (v) changes in federal and state banking laws or regulations; (vi) competitive pressure in the banking industry; (vii) changes in governmental fiscal or monetary policies; (viii) uncertainty regarding the economic outlook resulting from the continuing war on terrorism, as well as actions taken or to be taken by the U.S....
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FARMERS & MERCHANTS BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a

Show all filings for FARMERS & MERCHANTS BANCORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for FARMERS & MERCHANTS BANCORP 30-Apr-2009Results of Operations and Financial Condition, Financial Statements a Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informati...
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FARMERS & MERCHANTS BANCORP Files SEC form 8-K, Other Events

Show all filings for FARMERS & MERCHANTS BANCORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for FARMERS & MERCHANTS BANCORP 17-Apr-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not inten...
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FARMERS & MERCHANTS BANCORP Files SEC form 10-K, Annual Report

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Overview The Company's primary service area encompasses the northern Central Valley of California, a region that can be significantly impacted by the seasonal needs of the agricultural industry. Accordingly, discussion of the Company's Financial Condition and Results of Operations is influenced by the seasonal banking needs of its agricultural customers (e.g., during the spring and summer customers draw down their deposit balances and increase loan borrowing to fund the purchase of equipment and planting of crops. Correspondingly, deposit balances are replenished and loans repaid in late fall and winter as crops are harvested and sold). The Five Year Period: 2004 through 2008 The following table presents key performance data for the Company over the past five years. (1) Prior years have been restated for stock dividends issued in 2004 through 2005. No stock dividend was issued in 2006 through 2008. (2) Not including cash paid in lieu of fractional shares related to stock dividends. These payments totaled $497,000 between 2004 and 2005. During the five-year period 2004 through 2008, the Company's operating performance improved every year. · Annual net income increased 38.5% to $22.8 million from $16.5 million. · Earnings Per Share increased 45.8% to $28.69 from $19.68. · Total assets increased 37.3% to $1.68 billion. · Total loans increased 35.8% to $1.18 billion. · Total deposits increased 43.0% to $1.43 billion Table of Contents For many banks, the growth they experienced over the past five years "caught-up-to-them" in 2008 when significant credit quality problems surfaced that resulted in declining profits or even losses. This was not the case for Farmers & Merchants Bancorp. During 2008: · The Company reported its 11th consecutive year of earnings growth a...
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FARMERS & MERCHANTS BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a

Show all filings for FARMERS & MERCHANTS BANCORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for FARMERS & MERCHANTS BANCORP 5-Feb-2009Results of Operations and Financial Condition, Financial Statements a Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informatio...
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FARMERS & MERCHANTS BANCORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits

Show all filings for FARMERS & MERCHANTS BANCORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for FARMERS & MERCHANTS BANCORP 24-Nov-2008Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" fo...
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