FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

Koshinski Asset Management, Inc.'s Holding History (CIK: 0001633389)

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

Q3 2018

Shares 17,225 Value ($000) $734 Avg Close $35.48 Range $30.39 - $38.85

Q2 2018

Shares 23,613 Value ($000) $953 Avg Close $33.65 Range $30.96 - $39.84

Q1 2018

Shares 23,613 Value ($000) $953 Avg Close $31.01 Range $27.50 - $34.16

Q4 2017

Shares 23,613 Value ($000) $963 Avg Close $31.15 Range $27.30 - $34.85

Q3 2017

Shares 23,536 Value ($000) $858 Avg Close $25.60 Range $21.35 - $34.64

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	17,225	$734	$35.48	$30.39 - $38.85
Q2 2018	23,613	$953	$33.65	$30.96 - $39.84
Q1 2018	23,613	$953	$31.01	$27.50 - $34.16
Q4 2017	23,613	$963	$31.15	$27.30 - $34.85
Q3 2017	23,536	$858	$25.60	$21.35 - $34.64