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Parent Company Financial Information (Tables)
 12 Months Ended
Dec. 31, 2018
Parent Company Financial Information [Abstract]  
Condensed Balance Sheets
The following financial information is presented as of December 31 for the periods indicated.

Farmers & Merchants Bancorp
Condensed Balance Sheets

(in thousands)
 
2018
  
2017
 
Cash
 
$
335
  
$
332
 
Investment in Farmers & Merchants Bank of Central California
  
321,134
   
297,643
 
Investment Securities
  
409
   
409
 
Other Assets
  
(57
)
  
12,006
 
Total Assets
 
$
321,821
  
$
310,390
 
         
Subordinated Debentures
 
$
10,310
  
$
10,310
 
Liabilities
  
296
   
420
 
Shareholders’ Equity
  
311,215
   
299,660
 
Total Liabilities and Shareholders’ Equity
 
$
321,821
  
$
310,390
 
Condensed Statements of Income
Farmers & Merchants Bancorp
Condensed Statements of Income

  
Year Ended December 31,
 
(in thousands)
 
2018
  
2017
  
2016
 
Equity in Undistributed Earnings in Farmers & Merchants Bank of Central California
 
$
(26,488
)
 
$
5,575
  
$
17,043
 
Dividends from Subsidiary
  
73,010
   
23,575
   
14,275
 
Interest Income
  
16
   
13
   
11
 
Other Expenses, Net
  
(1,527
)
  
(1,552
)
  
(2,485
)
Tax Benefit
  
516
   
759
   
879
 
Net Income
 
$
45,527
  
$
28,370
  
$
29,723
 
Condensed Statements of Cash Flows
Farmers & Merchants Bancorp
Condensed Statements of Cash Flows

  
Year Ended December 31,
 
(in thousands)
 
2018
  
2017
  
2016
 
Cash Flows from Operating Activities:
         
Net Income
 
$
45,527
  
$
28,370
  
$
29,723
 
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
            
Equity in Undistributed Net Earnings from Subsidiary
  
26,488
   
(5,575
)
  
(17,043
)
Net (Increase) Decrease in Other Assets
  
(125
)
  
(11,822
)
  
(124
)
Net Increase (Decrease) in Liabilities
  
(942
)
  
112
   
49
 
Net Cash Provided by Operating Activities
  
70,948
   
11,085
   
12,605
 
Investing Activities:
            
Securities Sold or Matured
  
-
   
1
   
-
 
Payments for Business Acquisition
  
(28,642
)
  
-
   
(2,207
)
Payments for Investments in Subsidiaries
  
(10,503
)
  
(2,953
)
  
(2,586
)
Net Cash Used by Investing Activities
  
(39,145
)
  
(2,952
)
  
(4,793
)
Financing Activities:
            
Stock Repurchased
  
(31,152
)
  
-
   
-
 
Issuance of Common Stock
  
10,503
   
2,953
   
2,586
 
Cash Dividends
  
(11,151
)
  
(10,982
)
  
(10,478
)
Net Cash Used by Financing Activities
  
(31,800
)
  
(8,029
)
  
(7,892
)
Increase (Decrease) in Cash and Cash Equivalents
  
3
   
104
   
(80
)
Cash and Cash Equivalents at Beginning of Year
  
332
   
228
   
308
 
Cash and Cash Equivalents at End of Year
 
$
335
  
$
332
  
$
228