 ARCHBOLD, Ohio, Dec. 18, 2020 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 1.83 billion at September 30, 2020, today announced that it has approved the Companys quarterly cash dividend of 0.17 per share. The fourth quarter dividend represents a 6.3 increase over the 2019 fourth quarter dividend and is payable on January 20, 2021, to shareholders of record as of December 29, 2020. 