| Business Summary | | Farmers
&
Merchants
Bancorp
is
the
holding
company
for
Farmers
&
Merchants
Bank
of
Central
California
(the
Bank).
Through
the
Bank,
the
Company
services
the
northern
Central
Valley
of
California
with
18
banking
offices.
The
area
includes
Sacramento,
San
Joaquin,
Stanislaus
and
Merced
Counties
with
branches
in
Sacramento,
Elk
Grove,
Galt,
Lodi,
Walnut
Grove,
Linden,
Modesto,
Turlock
and
Hilmar.
The
Company
emphasizes
personalized
service,
along
with
a
range
of
banking
services
to
businesses
and
individuals
located
in
the
service
areas
of
its
offices.
The
Company
offers
deposit
instruments
that
include
checking,
savings,
money
market,
time
certificates
of
deposit
and
individual
retirement
accounts
and
online
banking
services
for
both
business
and
personal
accounts.
The
Company
also
serves
as
a
federal
tax
depository
for
its
business
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FMCB
provides
a
full
range
of
banking
services
with
its
18
banking
offices
located
in
the
northern
Central
Valley
of
CA.
For
the
six
months
ended
6/01,
total
interest
income
increased
6%
to
$33.1
million.
Net
interest
income
after
loan
loss
provision
increased
5%
to
$20.1
million.
Net
income
rose
12%
to
$6.2
million.
Results
reflect
an
increase
in
interest-earning
assets,
partially
offset
by
a
higher
cost
of
fund.
Net
income
reflects
a
gain
on
the
sale
of
secs.
vs.a
loss. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ole Mettler, 83 Chairman | -- | Kent Steinwert, 48 Pres,
CEO, Director | $404K | John Olson, 48 CFO,
Exec. VP, Treasurer | 199K | Deborah Hodkin, 38 Exec.
VP, CAO | -- | Donald Fraser, 64 Exec.
VP, Wholesale & Retail Market Mang. and Sec. | 199K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|