March 22, 2010 (FinancialWire) — The board of directors of Farmers & Merchants Bancorp, Inc., (OTCBB: FMAO) the holding company of The Farmers & Merchants State Bank have declared a first quarter dividend of eighteen cents per share.

The dividend is payable on April 20, 2010 to shareholders of record date as of March 19, 2010.

Ohio-based The Farmers & Merchants State Bank is a community bank serving Northwest Ohio and Northeast Indiana.

The bank provides commercial banking, retail banking and other financial services through its 18 offices with locations in Fulton, Defiance, Henry, Williams, and Wood counties of Northwest Ohio.

In Northeast Indiana they have offices located in DeKalb and Steuben counties.

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