Farmers & Merchants Bancorp, Inc. Declares 2017 First-Quarter Cash Dividend Payment

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| Source: Farmers & Merchants Bancorp Inc.

ARCHBOLD, Ohio, March 17, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (OTCQX:FMAO) the holding company of The Farmers & Merchants State Bank, with assets of approximately $1.1 billion at December 31, 2016, declared the 2017 first-quarter cash dividend of $0.23 per share.  The first quarter dividend is payable on April 20, 2017 to shareholders of record as of March 28, 2017.

About Farmer & Merchants State Bank:
The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897.  The Farmers & Merchants State Bank provides commercial banking, retail banking and other financial services through its 24 offices.  Our locations are in Fulton, Defiance, Henry, Lucas, Williams, and Wood counties in northwest Ohio.  In Northeast Indiana we have offices located in Allen, DeKalb and Steuben counties.

Safe harbor statement
Farmers & Merchants Bancorp, Inc. ("F&M") wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995. Statements by F&M, including management's expectations and comments, may not be based on historical facts and are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions or capital market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M's SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC's website, www.sec.gov.

Company Contact:
Marty Filogamo
Senior Vice President – Marketing Manager
Farmers & Merchants Bancorp, Inc.
(419) 445-3501 ext. 15435
mfilogamo@fm-bank.com.

Investor and Media Contact:
Andrew M. Berger
Managing Director
SM Berger & Company, Inc. 
(216) 464-6400
andrew@smberger.com