Farmers & Merchants Bancorp, Inc. Announces Executive Changes
October 25, 2023 at 10:47 pm IST
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Farmers & Merchants Bancorp, Inc. announced several organizational changes to achieve strategic goals and ambitions for the future of the organization. Barbara Britenriker, EVP/Chief Financial Officer for F&M Bank and Farmers & Merchants Bancorp, Inc. As Chief Financial Officer for both F&M Bank and Farmers & Merchants Bancorp, Inc., Barb will lead the redesign of the Company?s finance capabilities to support a bank with $5 billion in total assets. Her expanded focus will be on financial reporting, cash management, financial systems, and investor relations. Katrina DeGroff, SVP/Chief Accounting Officer As Chief Accounting Officer, Katrina will be accountable for all financial reporting on Farmers & Merchants Bancorp, Inc. and its subsidiaries, as well as valuation, verification, and strategic planning initiatives. Andrew Baker, SVP/Chief Retail Banking Officer and Regional President of Northern Indiana
In his expanded role, Andy will be responsible for leading all aspects of F&M?s community-based retail bank operations, including the Company?s branch network, mortgage line of business and private banking. He will retain his position as Regional President of Northern Indiana. Taryn Marino, SVP/Deputy Chief Retail Banking Officer As the Deputy Chief Retail Banking Officer, Taryn will report to Andy supporting the strategic goals of F&M?s retail banking operations. Taryn will have a direct impact on implementing strategies to achieve growth, profitability, and operational efficiency, while enhancing F&M?s customer experience.
Farmers & Merchants Bancorp, Inc. is a bank holding company. The Company's primary subsidiary, The Farmers & Merchants State Bank (Bank) is a local independent community bank that is primarily serves Northwest Ohio and Northeast Indiana. The Bank is engaged in the general commercial banking business. Its activities include commercial, agricultural, and residential mortgage as well as consumer lending activities. The Bank also provides checking account services, as well as savings and time deposit services such as certificates of deposits. Its loan portfolio is comprised of loans made to customers in the farming industry for such things as farmland, farm equipment, livestock and operating loans for seed, fertilizer, and feed. The Bank provides on-line banking access for consumer and business customers. In addition, it also provides automated teller machines (ATMs) or interactive teller machines (ITMs) at the branch locations along with other independent locations in the market area.