 ARCHBOLD, Ohio, Dec. 21, 2020 GLOBE NEWSWIRE -- Farmers Merchants Bancorp, Inc. FM or the Company Nasdaq: FMAO, the holding company for Farmers Merchants State Bank, announced today that they have signed an agreement and plan of reorganization and merger the Agreement whereby FM will acquire Ossian Financial Services, Inc. OFSI, the holding company for Ossian State Bank, in a cash transaction. OFSI operates two full-service offices in northeast Indiana and has approximately 122 million in assets, 58 million in loans, 108 million in deposits and 11.9 million in consolidated equity as of September 30, 2020. OFSI is taxed as an S-Corporation. 