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Parent Company Financial Information
12 Months Ended
Dec. 31, 2016
Parent Company Financial Information [Abstract]  
Parent Company Financial Information
22.
Parent Company Financial Information

The following financial information is presented as of December 31 for the periods indicated.

Farmers & Merchants Bancorp
Condensed Balance Sheets

(in thousands)
 
2016
  
2015
 
Cash
 
$
228
  
$
308
 
Investment in Farmers & Merchants Bank of Central California
  
289,778
   
261,626
 
Investment Securities
  
409
   
409
 
Other Assets
  
184
   
60
 
Total Assets
 
$
290,599
  
$
262,403
 
         
Subordinated Debentures
 
$
10,310
  
$
10,310
 
Liabilities
  
308
   
258
 
Shareholders' Equity
  
279,981
   
251,835
 
Total Liabilities and Shareholders' Equity
 
$
290,599
  
$
262,403
 

Farmers & Merchants Bancorp
Condensed Statements of Income

  
Year Ended December 31,
 
(in thousands)
 
2016
  
2015
  
2014
 
Equity in Undistributed Earnings in Farmers & Merchants Bank of Central California
 
$
17,043
  
$
17,352
  
$
18,211
 
Dividends from Subsidiary
  
14,275
   
10,875
   
8,000
 
Interest Income
  
11
   
10
   
10
 
Other Expenses, Net
  
(2,485
)
  
(1,451
)
  
(1,406
)
Tax Benefit
  
879
   
606
   
587
 
Net Income
 
$
29,723
  
$
27,392
  
$
25,402
 
 
Farmers & Merchants Bancorp
Condensed Statements of Cash Flows

  
Year Ended December 31,
 
(in thousands)
 
2016
  
2015
  
2014
 
Cash Flows from Operating Activities:
         
Net Income
 
$
29,723
  
$
27,392
  
$
25,402
 
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
            
Equity in Undistributed Net Earnings from Subsidiary
  
(17,043
)
  
(17,352
)
  
(18,211
)
Net (Increase) Decrease in Other Assets
  
(124
)
  
(79
)
  
(114
)
Net Increase (Decrease) in Liabilities
  
49
   
141
   
(1
)
Net Cash Provided by Operating Activities
  
12,605
   
10,102
   
7,076
 
Investing Activities:
            
Payments for Business Acquisition
  
(2,207
)
  
-
   
-
 
Payments for Investments in Subsidiaries
  
(2,586
)
  
(3,360
)
  
-
 
Net Cash Used by Investing Activities
  
(4,793
)
  
(3,360
)
  
-
 
Financing Activities:
            
Issuance of Common Stock
  
2,586
   
3,360
   
2,790
 
Cash Dividends
  
(10,478
)
  
(10,157
)
  
(9,919
)
Net Cash Used by Financing Activities
  
(7,892
)
  
(6,797
)
  
(7,129
)
Decrease in Cash and Cash Equivalents
  
(80
)
  
(55
)
  
(53
)
Cash and Cash Equivalents at Beginning of Year
  
308
   
363
   
416
 
Cash and Cash Equivalents at End of Year
 
$
228
  
$
308
  
$
363