FMAO · Categories · M&A
FMAO - Mergers and acquisitions
Farmers & Merchants Bancorp Inc. (FMAO) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for FMAO
- Farmers & Merchants Bancorp, Inc. Announces Completion of the Peoples-Sidney Financial Corporation AcquisitionARCHBOLD, Ohio, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. ("F&M", "FMAO", or the "Company") (NASDAQ:FMAO), the holding company for Farmers & Merchants State Bank, announced today that it has completed the acquisition of Peoples-Sidney Financial Corporation ("Peoples" or "PPSF"). Lars Eller, President and CEO of F&M, stated, "We are thrilled to complete the Peoples acquisition, which is the fifth acquisition we have closed since 2019. Peoples expands our presence in Sidney and greater Shelby County, and we are excited to bring our community-oriented banking and financial services to customers across these markets. Our successful acquisition strategy combined with
- Farmers & Merchants Bancorp, Inc. Announces Completion of the Perpetual Federal Savings Bank AcquisitionARCHBOLD, Ohio, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. ("F&M", "FMAO", or the "Company") (NASDAQ:FMAO), the holding company for Farmers & Merchants State Bank, announced today that it has completed the acquisition of Perpetual Federal Savings Bank, Inc. ("PFSB"). Lars Eller, President and CEO of F&M, stated, "I am excited to close our third acquisition in the last 12 months. PFSB expands our presence within compelling Ohio markets including Urbana, Dayton, and Sidney, with significant potential for customer growth between Findlay and Urbana. We are excited to bring our relationship driven banking experience and wide range of financial services to PFSB customer
- Farmers & Merchants Bancorp, Inc. Reports 2021 Second-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, July 21, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2021 second quarter and year-to-date June 30, 2021. 2021 Second Quarter Financial and Operating Highlights (compared to the 2020 second quarter period unless noted): Net income increased 3.7% to $5.0 million, and included one-time acquisition costs of $1.0 millionEarnings increased 2.3% to $0.44 per basic and diluted share, and included one-time acquisition costs of $0.08 per basic and diluted shareNet interest income after provision for loan losses increased by 17.9% to $15.3 millionNoninterest income increased 21.1% to $4.0 millionSecond
- Farmers & Merchants Bancorp, Inc. Announces Completion of the Ossian Financial Services, Inc. AcquisitionARCHBOLD, Ohio, April 30, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. ("F&M", "FMAO", or the "Company") (NASDAQ:FMAO), the holding company for Farmers & Merchants State Bank, announced today that it has completed the acquisition of Ossian Financial Services, Inc. ("OFSI"), the holding company for Ossian State Bank. Lars Eller, President and CEO of F&M, stated, "OFSI is our third recent acquisition in Northeast Indiana and immediately enhances our growing franchise within the state. In fact, since starting our expansion strategy in 2018, and with the addition of OFSI, total assets have nearly doubled to approximately $2.2 billion. On behalf of everyone at F&M, we ar