FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

US BANCORP \DE\'s Holding History (CIK: 0000036104)

Note: Option positions (PUT/CALL) are excluded.

Q1 2023

Shares 600 Value ($000) $15 Avg Close $23.52 Range $19.41 - $27.30

Q4 2022

Shares 659 Value ($000) $18 Avg Close $25.06 Range $22.39 - $27.41

Q3 2022

Shares 43 Value ($000) $1 Avg Close $26.33 Range $22.66 - $29.87

Q2 2022

Shares 151 Value ($000) $5 Avg Close $32.71 Range $28.14 - $36.97

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2023	600	$15	$23.52	$19.41 - $27.30
Q4 2022	659	$18	$25.06	$22.39 - $27.41
Q3 2022	43	$1	$26.33	$22.66 - $29.87
Q2 2022	151	$5	$32.71	$28.14 - $36.97