Farmers & Merchants Bank
Farmers & Merchants Bank of Long Beach is a California state-chartered community bank founded in 1907, operating 27 branches from San Clemente to Santa Barbara. It provides commercial, small business, and consumer retail banking services — lending, deposits, treasury management, mortgages, and online banking — to businesses and individuals across coastal Southern California.
- Company typePublic
- Founded1907
- HeadquartersTimberville, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Farmers & Merchants Bank does
Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a California state-chartered community bank founded in 1907, operating as a subsidiary of Farmers & Merchants Bancorp, Inc. The bank operates 27 physical branches spanning San Clemente to Santa Barbara on the California coast, supplemented by an online banking platform. It serves three primary customer segments — commercial banking (lending, deposits, treasury management), small business banking (loans, checking, credit), and consumer retail banking (checking, savings, mortgages, consumer loans) — through a relationship-led, sales-driven go-to-market model anchored in local presence.
The bank's revenue model is fundamentally spread-based: net interest income is the dominant stream, with Q1 2026 NII of $77.7 million (up 21% year-over-year) supplemented by non-interest banking fee income from deposit accounts, wire transfers, and related retail services. Capital strength is a defining operating feature, with a 21.94% total risk-based capital ratio well above regulatory 'well-capitalized' thresholds, $11.86 billion in total assets, $6.34 billion in gross loans, and a 2.71% net interest margin (up from 2.28% the prior year). The bank has declared 537 consecutive quarterly dividends since 1916, with the quarterly dividend value having never decreased.
Recent strategic activity includes a $200 million non-voting Series A Preferred Stock investment from a large (undisclosed) financial services company in October 2025, advisory-supported by Piper Sandler & Co. and Paul Hastings LLP. The bank has invested in technology and brand leadership through a new Chief Information and Technology Officer role and a Chief Marketing & Experience Officer appointment, and earned external recognition on Forbes America's Best Banks 2026 and Newsweek/Plant-A Insights America's Best Regional Banks & Credit Unions 2026.
Farmers & Merchants Bank firmographics
Firmographics- Name
- Farmers & Merchants Bank
- Legal name
- Farmers & Merchants Bank of Long Beach
- Website
- https://fmb.com
- Company type
- Public
- Founded year
- 1907
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Farmers & Merchants Bank of Long Beach is a California state-chartered community bank founded in 1907, operating 27 branches from San Clemente to Santa Barbara. It provides commercial, small business, and consumer retail banking services — lending, deposits, treasury management, mortgages, and online banking — to businesses and individuals across coastal Southern California.
- Ownership category
- akta.pro rank
Farmers & Merchants Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Citrus (except Orange) Groves (11132), Beer, Wine, and Liquor Retailers (44532), Apple Orchards (111331), Tree Nut Farming (111335), Fruit and Tree Nut Combination Farming (111336), Citrus (except Orange) Groves (111320), Fruit and Vegetable Retailers (445230), Nursery, Garden Center, and Farm Supply Retailers (444240), Beer, Wine, and Liquor Retailers (4453), Fruit and Tree Nut Farming (1113)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
- akta.pro secondary industry
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
Keywords
Where Farmers & Merchants Bank is headquartered
LocationHeadquarters
- HQ city
- Timberville
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Farmers & Merchants Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Core banking revenue generated from the spread between interest earned on loans and interest paid on deposits. Q1 2026 net interest income reached $77.7 million, a 21% increase year-over-year, driven by growth in the loan portfolio and favorable interest rate environment.
- Banking Fee Income: Non-interest income from banking services including deposit accounts, wire transfers, and other retail banking services.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Farmers & Merchants Bank product offering
Product offeringCore offering
Farmers & Merchants Bank is a California state-chartered community bank operating 27 branches from San Clemente to Santa Barbara. It provides commercial lending, deposit accounts, treasury management services to businesses, small business banking products, and personal banking including checking, savings, mortgages, and consumer loans. The bank also offers an online banking platform for digital account access and transactions.
Product overview
Farmers & Merchants Bank (F&M Bank) is a California state-chartered community bank founded in 1907, operating 27 branches from San Clemente to Santa Barbara. The bank operates as a single unified banking platform offering three core product lines: Commercial Banking (serving business clients with lending, deposits, and treasury management), Small Business Banking (tailored products for small enterprises), and Consumer Retail Banking (personal accounts, loans, and mortgages). The bank also provides Online Banking as a digital channel for all customer segments to access accounts and conduct transactions. Additionally, the bank maintains operations in Ohio, Indiana, and Michigan through its parent company Farmers & Merchants Bancorp, Inc.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Q1 2026 net income of $21.9 million, up 30% year-over-year from $16.8 million
- +2 more outcomes
Companies that use Farmers & Merchants Bank
Customer profileSegments3 records
Ideal customer profiles3 records
Farmers & Merchants Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Farmers & Merchants Bank partnerships and signals
Strategic signalScale indicators10 records
Recent moves6 records
Expansion highlights5 records
Farmers & Merchants Bank competitors and assessment
Company assessmentDirect peers
- CVB Financial (Citizens Business Bank): California-based commercial bank with a comparable mix of commercial, small business, and retail customers, often used as a community-bank benchmark for California-focused franchises.
- Westamerica Bancorp: Northern California community bank with a similar branch-based commercial and consumer banking model, comparable in size and product scope to F&M.
- East West Bank: California-based commercial bank with similar branch-based community banking model targeting commercial, small business, and consumer customers in California and the broader western U.S.
- Pacific Premier Bancorp: California-based commercial bank with similar community banking footprint and product mix, serving small-to-medium businesses and retail customers on the West Coast.
- Mechanics Bank: California-focused community bank offering commercial, small business, and consumer banking services across multiple California metros, closely comparable in product set and target customer segments.
- Heritage Commerce Corp: Bay Area-based community bank offering commercial, small business, and consumer banking services; comparable to F&M in product mix and California focus.
- Bank of California (Banc of California): California-headquartered community/commercial bank operating branches across the state with commercial, small business, and consumer banking products directly overlapping F&M's offerings.
- TriCo Bancshares: California community bank operating commercial, small business, and consumer banking branches in the western U.S., with similar customer profile and product set to F&M.
- Cathay General Bancorp: California-headquartered commercial bank serving commercial, small business, and consumer customers across the western U.S. Closely comparable to F&M in geography, customer mix, and product set; explicitly benchmarked in F&M's own ownership data.
Regional players
- Bank of Hawaii: Pacific-region community bank with a comparable branch-based relationship banking model and product mix; serves a different primary geography but is a useful regional banking benchmark for F&M's profile.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Farmers & Merchants Bank social profiles
Digital presenceFarmers & Merchants Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Farmers & Merchants Bank leadership team
Management profileNumber of profiles
Profiles2 records
Farmers & Merchants Bank funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Farmers & Merchants Bank M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Farmers & Merchants Bank
What does Farmers & Merchants Bank do?
Farmers & Merchants Bank is a California state-chartered community bank operating 27 branches from San Clemente to Santa Barbara. It provides commercial lending, deposit accounts, treasury management services to businesses, small business banking products, and personal banking including checking, savings, mortgages, and consumer loans. The bank also offers an online banking platform for digital account access and transactions.
Is Farmers & Merchants Bank a public or private company?
Farmers & Merchants Bank is a public company. It is classified as public and is currently operating.
When was Farmers & Merchants Bank founded?
Farmers & Merchants Bank was founded in 1907. It employs 501 to 1,000 people.
Where is Farmers & Merchants Bank based?
Farmers & Merchants Bank is headquartered in Timberville, United States, in the North America region.
How does Farmers & Merchants Bank make money?
Two revenue lines are on record. Net Interest Income is the primary driver. The others are banking Fee Income.
Who are Farmers & Merchants Bank's main competitors?
Direct peers on record are CVB Financial (Citizens Business Bank), Westamerica Bancorp, East West Bank, Pacific Premier Bancorp, Mechanics Bank, Heritage Commerce Corp, Bank of California (Banc of California), TriCo Bancshares and Cathay General Bancorp. Bank of Hawaii is listed as a regional player.
Does Farmers & Merchants Bank have an API?
No public API is recorded for Farmers & Merchants Bank.
What industry is Farmers & Merchants Bank in?
Farmers & Merchants Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 11132 and its SIC code is 6021.