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CompBrief
Fiscal year 2025

Kent Steinwert — FY2025 total compensation $12,550,771

Kent Steinwert is Chairman, President & Chief Executive Officer of Farmers & Merchants Bancorp (FMCB). The company reported total compensation of $12,550,771 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$895,000
Bonus$1,400,000
Stock awards$10,121,944
Option awards$0
Non-equity incentive plan$0
Pension and non-qualified deferred compensation$0
All other compensation$133,827
Total$12,550,771

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Farmers & Merchants Bancorp filed April 1, 2026, accession 0001140361-26-012591.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chairman, President & Chief Executive Officer$895,000$1,400,000$10,121,944$0$0$0$133,827$12,550,771
FY2024Chairman, President & Chief Executive Officer$895,000$1,400,000$0$3,747,806$126,118$6,168,924
FY2023Chairman, President & Chief Executive Officer$895,000$1,400,000$0$3,714,247$122,331$6,131,578

Totals as disclosed in each year's own compensation disclosure for Farmers & Merchants Bancorp.

03

Peer context

Peer-group chief executive median$1,930,086
Difference from that median$10,620,685
Percentile within the disclosed peer group99th
Peers with a disclosed figure1

Medians and percentiles are computed across the peer group Farmers & Merchants Bancorp discloses in its own compensation disclosure.

04

The other named executive officers of Farmers & Merchants Bancorp

Named executive officerRoleFY2025 total
Kent Steinwert this pageChairman, President & Chief Executive Officer$12,550,771
Bart OlsonExecutive Vice President Chief Financial Officer$3,710,632
Ryan MisasiExecutive Vice President Retail Banking Division Manager$3,514,957
David ZitterowExecutive Vice President Director of Wholesale Banking$2,021,767
John WeubbeExecutive Vice President Chief Credit Officer$1,662,759

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Farmers & Merchants Bancorp compensation brief.

05

The company page

Kent Steinwert's compensation sits inside Farmers & Merchants Bancorp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Farmers & Merchants Bancorp (FMCB) compensation brief