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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950124-04-000118.txt : 20040120
<SEC-HEADER>0000950124-04-000118.hdr.sgml : 20040119
<ACCEPTANCE-DATETIME>20040120152056
ACCESSION NUMBER:		0000950124-04-000118
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040120
ITEM INFORMATION:		Financial statements and exhibits
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20040120

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FARMERS & MERCHANTS BANCORP INC
		CENTRAL INDEX KEY:			0000792966
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				341469491
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14492
		FILM NUMBER:		04532504

	BUSINESS ADDRESS:	
		STREET 1:		307-11 N DEFIANCE ST
		CITY:			ARCHBOLD
		STATE:			OH
		ZIP:			43502
		BUSINESS PHONE:		4194462501

	MAIL ADDRESS:	
		STREET 1:		307-11 NORTH DEFIANCE ST
		CITY:			ARCHBOLD
		STATE:			OH
		ZIP:			43502
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k82212e8vk.txt
<DESCRIPTION>CURRENT REPORT
<TEXT>
<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)       January 20, 2004
                                                 -------------------------------

                        Farmers & Merchants Bancorp, Inc.
- --------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

           Ohio                        000-14492             34-1469491
- --------------------------------------------------------------------------------
(State or Other Jurisdiction        (Commission File       (IRS Employer
of Incorporation)                   Number)                Identification No.)

      307-11 N. Defiance,           Archbold, Ohio                  43502
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                          (Zip Code)

Registrant's Telephone Number, including Area Code   (419) 446-2501
                                                   -----------------------------

                                       N/A
- --------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)





<PAGE>


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

Exhibit Number             Description of Exhibit
- --------------             ----------------------


99                         Letter to Shareholders announcing dividends.



ITEM 9.           REGULATION FD DISCLOSURE

On January 20, 2004, Farmers & Merchants Bancorp, Inc. sent a letter to
shareholders enclosing a check for dividends. The payment included a "regular
quarterly dividend" of $0.40 per share and an "additional dividend" of $0.15 per
share, $0.55 per share in the aggregate. A copy of that letter is attached
hereto as Exhibit 99.






<PAGE>

                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto authorized.

         Dated:   January 20, 2004

                                         /s/ Joe E. Crossgrove
                                         ---------------------
                                         Joe E. Crossgrove
                                         President & Chief Executive Officer


                                         /s/ Barbara S. Britenriker
                                         -----------------------------------
                                         Barbara J. Britenriker
                                          Senior Vice President, Comptroller,
                                          Chief Financial Officer
                                          (Principal Financial and Accounting
                                          Officer)





<PAGE>





                                  EXHIBIT INDEX

Exhibit
Number                              Description of Exhibit
- ------                              ----------------------

99                        Letter to Shareholders announcing quarterly dividend.





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>k82212exv99.txt
<DESCRIPTION>LETTER TO SHAREHOLDERS
<TEXT>
<PAGE>


                                                                      EXHIBIT 99

                       [Farmers & Merchants Bancorp, Inc.]


January 20, 2004


Dear Shareholder,

Enclosed please find your regular quarterly dividend of forty cents ($.40) per
share, PLUS AN ADDITIONAL DIVIDEND of fifteen cents ($.15) per share. This
results in a total fourth quarter dividend of fifty-five cents ($.55) per share
payable to shareholders of record as of December 20, 2003. This was made
possible by our performance for the year and our continued confidence that we
will maintain our revenue generation, credit quality, and cost control momentum.

Since you will be receiving the 2003 Annual Report for examination in early
March, the quarterly statement has not been included with the dividend. The
highlights of the report will be reviewed at our Annual Shareholders Meeting to
be held on April 3, 2004.

The media reminds us almost daily of the strength and safety of various
financial institutions in our area. Your confidence in our institution and your
continued support has enabled us to retain a strong capital position, which is
the true barometer of financial strength.

Once again, we would like to offer Direct Deposit of your dividends. This
service means you will no longer have to wait for your dividend to arrive in the
mail. Instead, funds are deposited directly into your bank account. THIS IS A
FREE SERVICE TO YOU AND A COST SAVING MEASURE FOR THE BANK. To enroll, simply
complete the enclosed authorization card and return it to The Farmers &
Merchants State Bank or call your nearest banking center.

With the beginning of the new year, I would personally like to thank all of the
Directors, Advisory Boards, Shareholders, fellow employees and friends that have
made all this possible. 2004 will again present many challenges; however, with
your support and continued promotion of your Bank, we will meet our goals.

Sincerely,

/s/ Joe E. Crossgrove

Joe E. Crossgrove
President/CEO


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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