Parent Company Financial Information

12 Months Ended

Dec. 31, 2011

Parent Company Financial Information [Abstract]

Parent Company Financial Information

21. Parent Company Financial Information

The following financial information is presented as of December 31, 2011 and December 31, 2010.

Farmers & Merchants Bancorp

Condensed Balance Sheets

(in thousands)	2011		2010
Cash	$	398	$	109
Investment in Farmers & Merchants Bank of Central California		199,177		183,408
Investment Securities		410		310
Capital Leases		1		1
Other Assets		49		46
Total Assets	$	200,035	$	183,874
Subordinated Debentures	$	10,310	$	10,310
Liabilities		379		323
Shareholders' Equity		189,346		173,241
Total Liabilities and Shareholders' Equity	$	200,035	$	183,874

Farmers & Merchants Bancorp

Condensed Statements of Income

	Year Ended December 31,
(in thousands)	2011			2010			2009
Equity in Undistributed Earnings in Farmers & Merchants Bank of Central California	$	12,715		$	11,938		$	8,804
Dividends from Subsidiary		10,325			10,000			12,050
Interest Income		10			10			12
Other Expenses, Net		(1,443	)		(1,425	)		(1,463	)
Tax Benefit		602			595			610
Net Income	$	22,209		$	21,118		$	20,013

Farmers & Merchants Bancorp

Condensed Statements of Cash Flows

	Year Ended December 31,
(in thousands)	2011			2010			2009
Cash Flows from Operating Activities:
Net Income	$	22,209		$	21,118		$	20,013
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Equity in Undistributed Net Earnings from Subsidiary		(12,715	)		(11,938	)		(8,804	)
Net (Increase) Decrease  in Other Assets		(3	)		52			-
Net Increase (Decrease) in Liabilities		56			(1	)		-
Net Cash Provided by Operating Activities		9,547			9,231			11,209
Investing Activities:
Securities Purchased		(1,296	)		-			-
Securities Sold or Matured		1,196			-			-
Net Cash Used by Investing Activities		(100	)		-			-
Financing Activities:
Stock Repurchased		-			(608	)		(2,329	)
Cash Dividends		(9,158	)		(8,855	)		(8,596	)
Net Cash Used by Financing Activities		(9,158	)		(9,463	)		(10,925	)
Increase (Decrease) in Cash and Cash Equivalents		289			(232	)		284
Cash and Cash Equivalents at Beginning of Year		109			341			57
Cash and Cash Equivalents at End of Year	$	398		$	109		$	341