FMAO · Farmers & Merchants Bancorp Inc

$34.72 +1.13 (+3.35%)

Market Cap

$462.64M

13.77M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lars B. Eller	CEO	$519,841	—	$109,148	$0	$283,573	$56,773	$969,335
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$294,356	—	$61,346	$0	$127,162	$37,916	$520,780
Andrew S. Baker	Senior Vice President and Chief Strategy Officer and Chief Retail Banking Officer	$259,680	—	$43,253	$0	$162,890	$21,413	$487,236
David R. Gerken	Executive Vice President and Chief Lending Officer	$260,096	—	$54,150	$0	$112,362	$21,328	$447,936
Eric D. Faust	Executive Vice President and Chief Risk Officer	$267,923	—	$44,178	$0	$94,717	$27,418	$434,236

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lars B. Eller	CEO	$504,700	—	$129,440	$0	$225,197	$50,821	$910,158
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$281,664	—	$64,901	$0	$96,301	$38,917	$481,783
David R. Gerken	Executive Vice President and Chief Lending Officer	$248,846	—	$45,349	$0	$85,081	$20,712	$399,988
Eric D. Faust	Executive Vice President and Chief Risk Officer	$252,115	—	$32,643	$0	$52,541	$26,500	$363,799
Shalini Singhal	Senior Vice President and Chief Information Officer	$233,044	—	$30,704	$0	$48,566	$18,135	$330,449

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lars B. Eller	CEO	$490,000	—	$124,320	$0	$52,920	$34,635	$701,875
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$260,183	—	$54,390	$0	$18,734	$28,600	$361,907
Rex D. Rice	Executive Vice President and Chief Lending Officer	$235,960	—	$49,210	$0	$16,989	$25,632	$327,791

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lars B. Eller	CEO	$410,573	—	$122,560	$0	$209,448	$39,398	$781,979
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$245,932	—	$61,280	$0	$96,158	$26,212	$429,582
Rex D. Rice	Executive Vice President and Chief Lending Officer	$219,833	—	$36,768	$0	$85,953	$27,981	$370,535

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lars B. Eller	CEO	$389,481	—	$68,100	$0	$223,094	$37,116	$717,791
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$235,215	—	$45,400	$0	$107,283	$31,048	$418,946
Rex D. Rice	Executive Vice President and Chief Lending Officer	$209,500	—	$27,240	$0	$95,595	$27,716	$360,051
Edward A. Leininger	Executive Vice President and Chief Operating Officer	$201,214	—	$18,160	$0	$91,814	$26,344	$337,532

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lars B. Eller	CEO	$387,962	—	$65,340	$0	$170,703	$38,974	$662,979
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$237,148	—	$43,560	$0	$80,630	$32,859	$394,197
Rex D. Rice	Executive Vice President and Chief Lending Officer	$209,192	—	$30,492	$0	$71,126	$28,782	$339,592
Edward A. Leininger	Executive Vice President and Chief Operating Officer	$205,837	—	$17,424	$0	$69,985	$28,255	$321,501

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lars B. Eller	CEO	$350,000	—	$75,000	$0	$122,500	$17,872	$565,372
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$218,498	—	$50,000	$0	$54,447	$31,735	$354,680
Rex D. Rice	Executive Vice President and Chief Lending Officer	$185,500	—	$31,250	$0	$46,375	$26,447	$289,572
Edward A. Leininger	Executive Vice President and Chief Operating Officer	$190,883	—	$18,750	$0	$47,721	$27,324	$284,678
Todd A. Graham	Executive Vice President	$190,590	—	$6,250	$0	$47,648	$22,513	$267,000
Paul S. Siebenmorgen	CEO	$49,339	—	$0	$0	$0	$4,842	$54,181

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul S. Siebenmorgen	CEO	$377,325	—	$178,920	$0	$227,138	$36,838	$820,221
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$209,091	—	$89,460	$0	$108,748	$31,147	$438,446
Rex D. Rice	Executive Vice President and Chief Lending Officer	$178,000	—	$55,913	$0	$92,578	$26,867	$353,358
Edward A. Leininger	Executive Vice President and Chief Operating Officer	$184,681	—	$22,365	$0	$96,052	$28,012	$331,110
Todd A. Graham	Executive Vice President	$184,681	—	$22,365	$0	$96,052	$23,395	$326,492
Lars B. Eller	CEO	$87,500	—	$51,084	$0	$57,470	$1,939	$197,993

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul S. Siebenmorgen	CEO	$362,300	—	$111,160	$0	$210,179	$32,195	$715,834
Barbara J. Britenriker	Executive Vice President and Chief Financial Officer (“PFO”) and Chief Retail Banking Officer	$203,000	—	$55,580	$0	$100,282	$27,497	$386,360
Rex D. Rice	Executive Vice President and Chief Lending Officer	$171,000	—	$38,906	$0	$84,474	$23,620	$318,000
Edward A. Leininger	Executive Vice President and Chief Operating Officer	$181,030	—	$22,320	$0	$89,429	$25,154	$317,933
Todd A. Graham	Executive Vice President	$181,030	—	$11,116	$0	$89,429	$18,817	$300,393

Executive changes

Person	Role	Change	Effective	Filed
Gregory R. Allen	member of the Company's Board of Directors	Appointed	2026-06-30	2026-07-07
Ahmed Alomari	member of the Company's and the Company's wholly-owned bank subsidiary, The Farmers & Merchants State Bank Boards of Directors	Appointed	2025-07-29	2025-06-25
Jo Ellen Hornish	Board of Directors	Resigned	2025-05-20	2025-05-20
Eugene N. Burkholder	Board of Directors	Retired	2024-12-17	2024-12-17
Dr. K. Brad Stamm	member of the Company's and the Company's wholly-owned bank subsidiary, The Farmers & Merchants State Bank Boards of Directors	Retired	2024-10-25	2024-10-24
Kevin G. Frey	member of the Company's and the Company's wholly-owned bank subsidiary, The Farmers & Merchants State Bank Boards of Directors	Appointed	2024-11-19	2024-10-24

Key facts CIK 792966 CUSIP 30779N105 13F (30d) 27 filings 27 filers Visit website Investor relations