Lars Eller is President and Chief Executive Officer of Farmers & Merchants Bancorp Inc (FMAO). The company reported total compensation of $969,335 for fiscal year 2025.
| Salary | $519,841 |
|---|---|
| Bonus | $0 |
| Stock awards | $109,148 |
| Option awards | $0 |
| Non-equity incentive plan | $283,573 |
| Pension and non-qualified deferred compensation | — |
| All other compensation | $56,773 |
| Total | $969,335 |
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 Inc filed March 24, 2026, accession 0001140361-26-010915.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $519,841 | $0 | $109,148 | $0 | $283,573 | — | $56,773 | $969,335 |
| FY2024 | President and Chief Executive Officer (PEO) | $504,700 | $0 | $129,440 | $0 | $225,197 | $0 | $50,821 | $910,158 |
| FY2023 | President and Chief Executive Officer (PEO) | $490,000 | $0 | $124,320 | $0 | $52,920 | — | $34,635 | $701,875 |
Totals as disclosed in each year's own compensation disclosure for Farmers & Merchants Bancorp Inc.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Lars Eller this page | President and Chief Executive Officer | $969,335 |
| Barbara Britenriker | Executive Vice President | $520,780 |
| Andrew Baker | Senior Vice President | $487,236 |
| David Gerken | Executive Vice President | $447,936 |
| Eric Faust | Executive Vice President | $434,236 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Farmers & Merchants Bancorp Inc compensation brief.
Lars Eller's compensation sits inside Farmers & Merchants Bancorp Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.
The Farmers & Merchants Bancorp Inc (FMAO) compensation brief