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F&M Bank Welcomes Peter Schork as Market President for Toledo, OH & Birmingham, MI

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F&M Bank, owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), has appointed Peter Schork as Market President for the Toledo, Ohio and Birmingham, Michigan markets. Schork brings over 25 years of banking and financial experience, previously serving as Ann Arbor President for Oxford Bank and co-founder/CEO of Ann Arbor State Bank.

In his new role, Schork will oversee F&M's presence across multiple locations including Waterville, Swanton, Perrysburg, Sylvania, Downtown Toledo, and the company's Loan Production Office in Troy and Birmingham location. His experience includes positions as CFO at Catalyst Commercial Real Estate and President of a Michigan-based title, mortgage, and real estate company.

F&M Bank, di proprietà di Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), ha nominato Peter Schork come Presidente di Mercato per i mercati di Toledo, Ohio e Birmingham, Michigan. Schork porta con sé oltre 25 anni di esperienza nel settore bancario e finanziario, avendo precedentemente ricoperto il ruolo di Presidente ad Ann Arbor per Oxford Bank e co-fondatore/CEO della Ann Arbor State Bank.

Nel suo nuovo ruolo, Schork supervisionerà la presenza di F&M in diverse località, tra cui Waterville, Swanton, Perrysburg, Sylvania, il centro di Toledo e l'Ufficio di Produzione Prestiti dell'azienda a Troy e Birmingham. La sua esperienza include posizioni come CFO presso Catalyst Commercial Real Estate e Presidente di una società di titoli, mutui e immobili con sede in Michigan.

F&M Bank, propiedad de Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), ha nombrado a Peter Schork como Presidente de Mercado para los mercados de Toledo, Ohio y Birmingham, Michigan. Schork aporta más de 25 años de experiencia en el sector bancario y financiero, habiendo trabajado previamente como Presidente en Ann Arbor para Oxford Bank y como cofundador/CEO de Ann Arbor State Bank.

En su nuevo rol, Schork supervisará la presencia de F&M en múltiples ubicaciones, incluyendo Waterville, Swanton, Perrysburg, Sylvania, el centro de Toledo y la Oficina de Producción de Préstamos de la compañía en Troy y Birmingham. Su experiencia incluye posiciones como CFO en Catalyst Commercial Real Estate y Presidente de una empresa de títulos, hipotecas e inmobiliaria con sede en Michigan.

F&M 은행은 Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO)의 소유로, Peter Schork를 오하이오주 톨레도 및 미시간주 버밍햄 시장의 시장 사장으로 임명했습니다. Schork는 25년 이상의 은행 및 금융 경험을 가지고 있으며, 이전에는 옥스퍼드 은행의 앤아버 사장을 역임했고, 앤아버 주립은행의 공동 설립자 및 CEO로 활동했습니다.

그의 새로운 역할에서 Schork는 Waterville, Swanton, Perrysburg, Sylvania, 톨레도 시내 및 회사의 Troy와 Birmingham 위치에 있는 대출 생산 사무소를 포함한 여러 장소에 걸쳐 F&M의 존재를 감독할 것입니다. 그의 경력은 Catalyst Commercial Real Estate에서 CFO로 재직한 경험과 미시간 기반의 타이틀, 모기지 및 부동산 회사의 사장을 포함합니다.

F&M Bank, appartenant à Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), a nommé Peter Schork président du marché pour les marchés de Toledo, Ohio et Birmingham, Michigan. Schork apporte plus de 25 ans d'expérience dans le secteur bancaire et financier, ayant précédemment occupé le poste de président à Ann Arbor pour Oxford Bank et étant cofondateur/CEO de la Ann Arbor State Bank.

Dans son nouveau rôle, Schork supervisera la présence de F&M dans plusieurs localités, notamment Waterville, Swanton, Perrysburg, Sylvania, le centre-ville de Toledo et le bureau de production de prêts de l'entreprise à Troy et Birmingham. Son expérience inclut des postes de CFO chez Catalyst Commercial Real Estate et président d'une entreprise de titres, d'hypothèques et immobilière basée au Michigan.

F&M Bank, im Besitz von Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), hat Peter Schork zum Marktpräsidenten für die Märkte in Toledo, Ohio und Birmingham, Michigan ernannt. Schork bringt über 25 Jahre Erfahrung im Bank- und Finanzwesen mit, nachdem er zuvor als Präsident in Ann Arbor für Oxford Bank tätig war und Mitbegründer/CEO der Ann Arbor State Bank war.

In seiner neuen Rolle wird Schork die Präsenz von F&M an mehreren Standorten überwachen, darunter Waterville, Swanton, Perrysburg, Sylvania, Innenstadt Toledo und das Kreditproduktionsbüro des Unternehmens in Troy und Birmingham. Zu seiner Erfahrung gehören Positionen als CFO bei Catalyst Commercial Real Estate und Präsident eines in Michigan ansässigen Unternehmens für Titel, Hypotheken und Immobilien.

Positive
  • Strategic expansion of leadership in key markets of Toledo, OH and Birmingham, MI
  • Addition of executive with 25+ years of banking and financial experience
  • Strengthening presence across multiple locations in two states
Negative
  • None.

ARCHBOLD, Ohio, Feb. 10, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced that Peter Schork has joined F&M as Market President of the Toledo, Ohio and Birmingham, Michigan markets.

Lars Eller, President and CEO of F&M stated, “As a proven community banker, Peter brings a wealth of experience to F&M. His leadership, deep market knowledge, and commitment to building strong relationships will be an invaluable resource to F&M as we continue to grow and serve our communities. We look forward to the impact he will make in driving success for our customers, employees, and stakeholders.”

In his new role, Peter will oversee F&M’s presence in the Toledo, Ohio, and Birmingham, Michigan markets, including offices in Waterville, Swanton, Perrysburg, Sylvania, and Downtown Toledo, as well as F&M’s Loan Production Office in Troy and its Birmingham, Michigan location.

Peter brings over 25 years of banking and financial experience to F&M. Prior to joining the Company, he served as the Ann Arbor President for Oxford Bank and co-founded the Ann Arbor State Bank serving as its President and CEO. In addition to his community bank experience, Peter was the CFO at Catalyst Commercial Real Estate, and the President of a Michigan based title, mortgage, and real estate company. In addition to his business experience, Peter is a proud supporter of various community organizations. Currently he serves on the Michigan Theater Board of Trustees, is a member of the Ray and Eleanor Cross Foundation and the Kiwanis Club of Ann Arbor and is a Board Member and Treasurer for the Homeless/Unhoused Mission. Peter holds a Master of Business Administration (M.B.A.) with a specialization in Finance from Eastern Michigan University.

About F&M Bank:
F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio.

Safe harbor statement
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 Exchange 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, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial 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 or through F&M’s website www.fm.bank.

Company Contact: 
Lars B. Eller
President and Chief Executive Officer
Farmers & Merchants Bancorp, Inc.
(419) 446-2501
leller@fm.bank
Investor and Media Contact:
Andrew M. Berger
Managing Director
SM Berger & Company, Inc.
(216) 464-6400
andrew@smberger.com
  

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e11179be-cf20-449e-9416-ca1e8ff1fd2f


FAQ

What markets will Peter Schork oversee as new Market President for FMAO?

Peter Schork will oversee F&M Bank's presence in Toledo, Ohio and Birmingham, Michigan markets, including offices in Waterville, Swanton, Perrysburg, Sylvania, Downtown Toledo, Troy, and Birmingham.

What is Peter Schork's previous banking experience before joining FMAO?

Peter Schork previously served as Ann Arbor President for Oxford Bank and was co-founder and CEO of Ann Arbor State Bank. He also held positions as CFO at Catalyst Commercial Real Estate and President of a Michigan-based title, mortgage, and real estate company.

How many years of banking experience does FMAO's new Market President have?

Peter Schork brings over 25 years of banking and financial experience to F&M Bank.

Which specific branch locations will be under Peter Schork's leadership at FMAO?

Peter Schork will oversee F&M Bank locations in Waterville, Swanton, Perrysburg, Sylvania, Downtown Toledo, the Loan Production Office in Troy, and the Birmingham, Michigan location.

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