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Shareholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2022
Shareholders' Equity [Abstract]  
Compliance with Regulatory Capital Requirements under Banking Regulations

The Company’s and Bank’s actual and required capital amounts and ratios are as follows: 
   
September 30, 2022
 
   
Actual
    
Minimum to be
Categorized as
“Adequately Capitalized”
    
Minimum to be
Categorized as
“Well Capitalized”
  
(Dollars in thousands)
  
Amount
    
Ratio
    
Amount
    
Ratio
    
Amount
    
Ratio
  
Farmers & Merchants Bancorp
                                    
CET1 capital to risk-weighted assets
  
$
482,053
      
11.82
%
  
$
183,537
      
4.50
%
    
N/A
      
N/A
  
Tier 1 capital to risk-weighted assets
    
492,053
      
12.06
%
    
244,716
      
6.00
%
    
N/A
      
N/A
  
Risk-based capital to risk-weighted assets
    
543,218
      
13.32
%
    
326,288
      
8.00
%
    
N/A
      
N/A
  
Tier 1 leverage capital ratio
    
492,053
      
9.12
%
    
215,702
      
4.00
%
    
N/A
      
N/A
  
                                                 
Farmers & Merchants Bank
                                                
CET1 capital to risk-weighted assets
  
$
491,237
      
12.04
%
  
$
183,531
      
4.50
%
  
$
265,101
      
6.50
%
Tier 1 capital to risk-weighted assets
    
491,237
      
12.04
%
    
244,708
      
6.00
%
    
326,278
      
8.00
%
Risk-based capital to risk-weighted assets
    
542,400
      
13.30
%
    
326,278
      
8.00
%
    
407,847
      
10.00
%
Tier 1 leverage capital ratio
    
491,237
      
9.12
%
    
215,498
      
4.00
%
    
269,372
      
5.00
%


   
December 31, 2021
  
   
Actual
    
Minimum to be
Categorized as
“Adequately Capitalized”
    
Minimum to be
Categorized as
“Well Capitalized”
  
(Dollars in thousands)
  
Amount
    
Ratio
    
Amount
    
Ratio
    
Amount
    
Ratio
  
Farmers & Merchants Bancorp
                                    
CET1 capital to risk-weighted assets
  
$
450,687
      
11.68
%
  
$
173,674
      
4.50
%
    
N/A
      
N/A
  
Tier 1 capital to risk-weighted assets
    
460,687
      
11.94
%
    
231,566
      
6.00
%
    
N/A
      
N/A
  
Risk-based capital to risk-weighted assets
    
509,091
      
13.19
%
    
308,755
      
8.00
%
    
N/A
      
N/A
  
Tier 1 leverage capital ratio
    
460,687
      
8.92
%
    
206,606
      
4.00
%
    
N/A
      
N/A
  
                                                 
Farmers & Merchants Bank
                                                
CET1 capital to risk-weighted assets
  
$
459,813
      
11.91
%
  
$
173,664
      
4.50
%
  
$
250,847
      
6.50
%
Tier 1 capital to risk-weighted assets
    
459,813
      
11.91
%
    
231,551
      
6.00
%
    
308,735
      
8.00
%
Risk-based capital to risk-weighted assets
    
508,215
      
13.17
%
    
308,735
      
8.00
%
    
385,919
      
10.00
%
Tier 1 leverage capital ratio
    
459,813
      
8.91
%
    
206,426
      
4.00
%
    
258,033
      
5.00
%
Earnings Per Common Share

Earnings per common share have been computed based on the following:

   
Three Months Ended
September 30,
  
(Dollars in thousands, except share and per share amounts)
  
2022
    
2021
  
Numerator
            
Net income
  
$
19,536
    
$
17,502
  

               
Denominator                
Weighted average number of common shares outstanding
    
775,109
      
789,646
  
Weighted average number of dilutive shares outstanding
    
775,109
      
789,646
  
                 
Basic earnings per common share
  
$
25.20
    
$
22.16
  
Diluted earnings per common share
  
$
25.20
    
$
22.16
  

   
Nine Months Ended
September 30,
  
(Dollars in thousands, except share and per share amounts)
  
2022
   
2021
 
Numerator
            
Net income
  
$
55,037
    
$
50,368
  
                 
Denominator
                
Weighted average number of common shares outstanding
    
780,988
      
789,646
  
Weighted average number of dilutive shares outstanding
    
780,988
      
789,646
  
                 
Basic earnings per common share
  
$
70.47
    
$
63.79
  
Diluted earnings per common share
  
$
70.47
    
$
63.79