<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>3
<FILENAME>k82505exv21.txt
<DESCRIPTION>SUBSIDIARIES OF FARMERS & MERCHANTS BANCORP, INC.
<TEXT>
<PAGE>

                                                                      Exhibit 21

               SUBSIDIAIRIES OF FARMERS & MERCHANTS BANCORP, INC

                    FARMERS & MERCHANTS STATE BANK

                    FARMERS & MERCHANTS LIFE INSURANCE COMPANY


</TEXT>
</DOCUMENT>
