Farmers & Merchants Bank of Long Beach Reports 2023 Fourth-Quarter and Full-Year Results

LONG BEACH, Calif.–(BUSINESS WIRE)–Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today reported financial results for the fourth quarter and the full year ended December 31, 2023. F&M also announced that its Board of Directors has authorized a new $10 million stock repurchase program. “Now in our 117th year since F&M was founded, we ended 2023 with profitable operations for the full year and fourth quarter, along with a strong balance sheet and cap

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