UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 6, 2013
Farmers & Merchants Bancorp, Inc.
(Exact name of registrant as specified in its charter)
| Ohio | 000-14492 | 34-1469491 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 307 North Defiance Street, Archbold, Ohio | 43502 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (419) 446-2501
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01 | Other Events. |
On August 7, 2013, Farmers & Merchants Bancorp, Inc. issued a press release announcing that on August 6, 2013 its wholly-owned subsidiary bank, The Farmers & Merchants State Bank, entered into a branch purchase and assumption agreement to acquire the Custar, Ohio branch office of Croghan Colonial Bank, based in Fremont, Ohio. A copy of the press release is furnished herewith as Exhibit 99.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits. The following exhibit is filed with or incorporated by reference into this Current Report on Form 8-K:
| 99 | Company Press Release dated August 7, 2013 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| FARMERS & MERCHANTS BANCORP, INC. | ||
| By: | /s/ Paul S. Siebenmorgen | |
| Paul S. Siebenmorgen | ||
| Its: President and Chief Executive Officer | ||
| By: | /s/ Barbara J. Britenriker | |
| Barbara J. Britenriker | ||
| Its: Executive Vice President & Chief Financial Officer | ||
Dated: August 7, 2013
Exhibit 99
For Immediate Release
Contact Info:
| Marty Filogamo, Marketing Director | Kendall Rieman, CFO | |
| Farmers & Merchants Bancorp, Inc. | Croghan Bancshares, Inc. Treasurer | |
| 419.446.2501 | 419.355.2222 |
THE FARMERS & MERCHANTS STATE BANK ANNOUNCES
AGREEMENT TO ACQUIRE THE CUSTAR BRANCH OF
CROGHAN COLONIAL BANK
ARCHBOLD, Ohio (August 7, 2013) – Paul Siebenmorgen, President and CEO of The Farmers & Merchants State Bank, headquartered in Archbold, Ohio (“F&M”), and Rick Robertson, President and CEO of Croghan Colonial Bank, headquartered in Fremont, Ohio (“Croghan”), jointly announced today that F&M has entered into an agreement with Croghan to acquire the Custar, Ohio branch of Croghan as well as the loans and deposit liabilities of the branch. The branch has approximately $29.5 million in deposits as of June, 2013.
The transaction is subject to regulatory approval and other customary closing conditions. It is expected that the transaction will be consummated during the fourth quarter of 2013. The financial terms of the transaction were not disclosed.
Commenting on the transaction, Mr. Siebenmorgen stated, “We are very pleased to continue our expansion with this transaction. The Custar office will complement our existing branch network, including expanding our presence in Wood County, and allow us to provide the high level of service for which our community bank is known. We look forward to being part of the Custar community.”
Mr. Robertson commented, “Both banks have been growing and have strategic priorities. We believe the Custar market is an excellent fit for Farmers & Merchants, and we are confident that the Custar market will be well served by Farmers & Merchants.”
About The Farmers & Merchants State Bank
The Farmers & Merchants State Bank, headquartered in Archbold, Ohio provides commercial banking, retail banking and other financial services through its 21 offices with locations in Fulton, Williams, Henry, Defiance, Lucas and Wood counties of Northwest Ohio and in DeKalb and Steuben counties in Indiana. It is a wholly-owned subsidiary of Farmers & Merchants Bancorp, Inc. (OTC Bulletin Board: FMAO), a bank holding company with assets of approximately $949 million, also based in Archbold, Ohio.
About Croghan Colonial Bank
Croghan Colonial Bank is a wholly owned subsidiary of Croghan Bancshares, Inc., a bank holding company headquartered in Fremont, Ohio. Croghan, founded in 1888, is engaged in the commercial and retail banking business, and provides a variety of other financial services through its Main Office and 13 branch offices in Sandusky, Huron, Seneca, Erie, Wood and Ottawa Counties of Northwest Ohio. Additional information on Croghan can be found on its website: www.croghan.com.
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