Andy Baker Named Regional President of F&M Bank Northern Indiana Market

Farmers and Merchants Bancorp, Inc.

Andy Baker

Andy Baker - Regional President

Andy Baker – Regional President

ARCHBOLD, Ohio, Nov. 21, 2022 (GLOBE NEWSWIRE) — Farmers & Merchants State Bank has announced the appointment of Andy Baker as regional president for its northern Indiana market. Lars Eller, President and CEO, said, “Andy has a long and proven history of building markets and his incredible leadership skills will benefit F&M as we seek to improve our northern Indiana market.

Andy will be responsible for the North Indiana region of F&M from Fort Wayne, Indiana north to the Michigan border. “Being from Fort Wayne and northern Indiana, my wife and I are very happy to be back in the area. F&M is a growing organization and I look forward to executing strategies to achieve our business goals in Fort Wayne and surrounding markets,” Baker said.

Andy brings over 27 years of banking experience, most recently as Executive Vice President and Market Director for PNC. Throughout his career, Andy has held several leadership positions and has been recognized for his ability to build and strengthen teams.

He holds a Bachelor of Science in Finance from Indiana University and an MBA from Case Western Reserve University.

About the State Farmers and Merchants Bank:
Farmers & Merchants State Bank is a local, independent community bank that has served Northwest Ohio and Northeast Indiana since 1897. Farmers & Merchants State Bank provides commercial banking, retail banking, retail and other financial services. Our locations are located in Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in western Ohio. In northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben, and Wells counties, and we have loan origination offices in West Bloomfield, Michigan; Muncie, Indiana; and Bryan and Oxford, Ohio.

Safe Harbor Statement
Private Securities Litigation Reform Act of 1995. F&M’s statements, including management’s expectations and comments, may not be based on historical fact and are “forward-looking statements” within the meaning of Section 27A of the Securities Act. of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on the risks and uncertainties inherent in general and local banking conditions, competitive factors specific to the markets in which F&M and its subsidiaries operate, future levels of interest rates, legislative and regulatory decisions, capital market conditions or the effects of the COVID-19 pandemic, and its impacts on the quality of our credit and our business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility for updating this information. For further details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. These documents may be viewed on the SEC website, or on the F&M website

Company Contact:

Investor and media contact:

Lars B. Eller
President and CEO
Farmers and Merchants Bancorp, Inc.
(419) 446-2501
[email protected]

Andrew M. Berger
General director
SM Berger & Company, Inc.
(216) 464-6400
[email protected]

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