Farmers & Merchants Bancorp, Inc. and F&M Bank Announces the Appointment of Ian D. Boyce to its Board of Directors
December 19 2023 - 4:30PM
F&M Bank (“F&M”), an Archbold, Ohio based bank owned by
Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today
announced the appointment of Ian D. Boyce to the Board of Directors
of both the Company and the Bank. With the addition of Mr. Boyce,
the Board of Directors will now have 13 total members.
Mr. Boyce is a founding member and managing
partner of Dickmeyer Boyce Financial Management, a fee-only
financial planning and wealth management firm based in Fort Wayne,
Indiana with an additional office in Milwaukee, Wisconsin.
Established in 2002, Dickmeyer Boyce provides asset management,
comprehensive financial planning and retirement advisory services
to individuals, families, businesses and foundations and has
discretionary oversight of $300 million in assets under
management.
“We are extremely pleased to welcome Ian to our
Board,” commented Jack Johnson, Board Chairman. “Ian’s business
experience, economic insight and community involvement will help
inform F&M’s Board on small business and consumer matters, as
well as business risk management activities. I look forward to
working with Ian and his contributions as a member of our
Board.”
Mr. Boyce received a Bachelor of Arts degree
from the University of Vermont. He also received an honorary
doctorate in humane letters from the University of Vermont in 2015.
Mr. Boyce is also actively involved in numerous professional,
civic, and charitable organizations within his community. He
currently serves as a Director and Board Member on several Boards
including the Parkview Hospital Regional Medical Center (Current
Board Chair), Parkview Health System Board, The University of St.
Francis, and the Questa Education Foundation. Past service includes
board chair for the University of Vermont Board of Trustees and
board member of the Fort Wayne Community Foundation.
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
F&M has Loan Production Offices in West Bloomfield Michigan;
Muncie Indiana; and Bryan, Ohio.
Safe harbor statementPrivate
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: |
Investor and Media Contact: |
Lars B. Eller |
Andrew M. Berger |
President and Chief Executive Officer |
Managing Director |
Farmers & Merchants Bancorp, Inc. |
SM Berger & Company, Inc. |
(419) 446-2501 |
(216) 464-6400 |
leller@fm.bank |
andrew@smberger.com |
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