Farmers & Merchants Bancorp (FMCB) reported an increase in earnings for the second quarter compared to the same period last year. The company’s bottom line was $23.05 million, or $32.94 per share, up from $21.76 million, or $29.39 per share, last year. GAAP earnings were $23.05 million, with EPS of $32.94, compared to $21.76 million and $29.39 last year.

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