Farmers & Merchants Bancorp, Inc. (OTC.BB: FMAO) has authorized the repurchase of 200,000 shares of outstanding common stock beginning on January 1, 2010 and closing December 31, 2010. The stock repurchase plan authorizes the company to make repurchases from time to time in the open market or in private transactions and in such amounts as the management deems appropriate. The company's shares are currently trading on the OTC.BB: under the FMAO.
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ABOUT FARMERS & MERCHANTS BANCORP, INC.
With assets of approximately $825 million as of September 30, 2009, Farmers & Merchants Bancorp, Inc. is a bank holding company, whose banking subsidiary The Farmers & Merchants State Bank provides commercial banking, retail banking and other financial services through its 18 offices with locations in Defiance, Fulton, Henry, Lucas, Williams, & Wood counties of Northwest Ohio. In Northeast Indiana they have offices located in DeKalb and Steuben counties.
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