 ARCHBOLD, Ohio, March 19, 2021 GLOBE NEWSWIRE -- The Board of Directors of Farmers Merchants Bancorp, Inc., Nasdaq: FMAO the holding company of The Farmers Merchants State Bank, with assets of 1.91 billion at December 31, 2020, today announced that it has approved the Companys quarterly cash dividend of 0.17 per share, which is a 6.3 increase over the first quarter dividend of 2020. The first quarter dividend is payable on April 20, 2021, to shareholders of record as of March 31, 2021. 