Farmers & Merchants Bancorp (FMCB) Reports Record Year-End 2023 Financial Results
2023 Highlights Generated record net income of $66.3 million, or $84.01 per share, up 13.47% from the prior year; Achieved return on average assets of 1.35% and return on average equity of 15.00%; Total assets grew $627 million, or 13.8%,…