FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

VICTORY CAPITAL MANAGEMENT INC's Holding History (CIK: 0001040188)

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

Q1 2020

Shares 1,813 Value ($000) $47 Avg Close $22.55 Range $14.32 - $25.39

Q3 2019

Shares 1,880 Value ($000) $49 Avg Close $21.69 Range $19.78 - $23.92

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	1,813	$47	$22.55	$14.32 - $25.39
Q3 2019	1,880	$49	$21.69	$19.78 - $23.92