Independent Director · FARMERS & MERCHANTS BANCORP INC (FMAO)

Ian D. Boyce — FARMERS & MERCHANTS BANCORP Director Compensation (2025)

Fiscal year 2025 director compensation for Ian D. Boyce at FARMERS & MERCHANTS BANCORP INC. Every figure below is printed as the company filed it and cited to the filing it came from.

Director compensation as of the proxy filed March 24, 2026 (DEF 14A). Open the filing on EDGAR.

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What they were paid

FARMERS & MERCHANTS BANCORP Director Compensation Table · all 2 fiscal years held
In US dollars, as FARMERS & MERCHANTS BANCORP reports it. Most recent year first. Totals are the company’s disclosed totals.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025$50,000$17,496——$67,496
FY2024$50,000$15,007———

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FARMERS & MERCHANTS BANCORP INC DEF 14A filed March 24, 2026, accession 0001140361-26-010915, and prior-year filings. Open the filing on EDGAR.

How this page was built: the FARMERS & MERCHANTS BANCORP INC filed document, accession 0001140361-26-010915. Every figure is read from that document and cited to the page and table it appears in. Filed March 24, 2026.

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$67,496 Ian D. Boyce, FY2025 total director compensation

$500

The free page is the headline figures. The board report is director pay, board composition and committee fees combined into the same kind of document.

Data as of March 24, 2026 · Source: Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

How this board is paid

company policy · FY2025

FARMERS & MERCHANTS BANCORP pays directors a $50,000 cash retainer and $17,500 in equity.

Committees

FY2025 · as the proxy prints them

Nominating/Governance · Enterprise Risk Management

The rest of the FARMERS & MERCHANTS BANCORP board

FY2025 · as the company reported each
DirectorRoleFY2025 total
Ahmed AlomariIndependent Director$32,436
Andrew J. BriggsIndependent Director$79,996
David P. VernonIndependent Director$67,496
Frank R. SimonIndependent Director$72,496
Kevin G. FreyIndependent Director$67,496
Kevin J. SauderChair of the Board$82,496
Lars B. EllerDirector—
Lori A. JohnstonIndependent Director$74,996
Marcia S. LattaIndependent Director$72,496
Steven J. PlansonIndependent Director$67,496

The full FARMERS & MERCHANTS BANCORP compensation record

free company brief

This page is one director within FARMERS & MERCHANTS BANCORP's record. The company brief lists every named executive and director, each linking to their own page.

Peer companies

named in the FARMERS & MERCHANTS BANCORP proxy · each links to its own free brief

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Board Governance Report