Farmers & Merchants Bancorp, Inc. Declares 2nd Quarter Dividend

ARCHBOLD, Ohio, June 17, 2011 /PRNewswire/ — The Board of Directors of Farmers
& Merchants Bancorp, Inc., (OTC Bulletin Board: FMAO) the holding company of The
Farmers & Merchants State Bank, with assets of approximately $900 million, at
their regular meeting on Friday, June 17, 2011 declared a second quarter
dividend of nineteen cents ($0.19) per share. The second quarter dividend is
payable on July 20, 2011 to shareholders of record date of June 28, 2011.

The Farmers & Merchants State Bank is a locally owned and operated community
bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The
Farmers & Merchants State Bank provides commercial banking, retail banking and
other financial services through its 19 offices with locations in Fulton,
Defiance, Henry, Williams, and Wood counties in Northwest Ohio. In Northeast
Indiana they have offices located in DeKalb and Steuben counties.

SAFE HARBOR STATEMENT

Farmers & Merchants Bancorp, Inc. (“F&M”) wishes to take advantage of the Safe
Harbor provisions included in the Private Securities Litigation Reform Act of
1995. Statements by F&M, including management’s expectations and comments, may
not be based on historical facts and are “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended and Section 21B
of the Securities Act of 1934, as amended. Actual results could vary materially
depending on risks and uncertainties inherent in general and local banking
conditions, competitive factors specific to markets in which F&M and its
subsidiaries operate, future interest rate levels, legislative and regulatory
decisions or capital market conditions. F&M assumes no responsibility to update
this information. For more details, please refer to F&M’s SEC filing, including
its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q.
Such filings can be viewed at the SEC’s website, www.sec.gov.

SOURCE Farmers & Merchants Bancorp, Inc.