F&M’s Annual Ohio and Indiana Golf Classics Raise $53,000 for Local Charities

Rhea-AI Summary

F&M Bank raised $53,000 for local charities through its charity golf events, with record participation and donations. The Ohio event raised $35,000, a record amount, while the Indiana event raised $18,000, also a record. F&M Bank's commitment to the communities it serves is evident through these events.

Positive

• Record-breaking donations and participation in F&M Bank's charity golf events.
• Strong community support and commitment from F&M Bank.

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• None.

ARCHBOLD, Ohio, Oct. 03, 2023 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) recently held its 6^th Annual Ohio Charity Golf Classic and 2^nd Annual Indiana Charity Golf Classic. Combined, the events raised $53,000 for local charities with record participation and donations at both events.

The Ohio Charity Golf Classic hosted more than 140 golfers at Ironwood Golf Course in Wauseon, Ohio on August 25, 2023, raising $35,000, a record amount, which was divided between The Defiance Dream Center in Defiance, Ohio and Bittersweet Farms in Whitehouse, Ohio.

As F&M continues to grow and invest in the Indiana market, the 2^nd Annual Indiana Charity Golf Classic welcomed over 90 golfers to Colonial Oaks Golf Course in Fort Wayne, Indiana on September 12, 2023. The event raised $18,000, a record amount of money that was split between The Carriage House and Neighborhood Health Clinic, both located in Fort Wayne, Indiana.

Lars Eller, President and CEO of F&M Bank, stated, “F&M has been and will remain committed to the communities we serve. Our annual Charity Golf Classics are one of the many ways we support organizations helping others in our communities and I am proud of the record donations and participation at this year’s events. I am also extremely grateful to the volunteers, sponsors, non-profit organizations and F&M staff who make these events exceptional year after year.”

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, and we have Loan Production Offices in West Bloomfield, Michigan; Muncie, Indiana; 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