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MCDERMOTT + BULL PLACES CHIEF FINANCIAL OFFICER, FARMERS & MERCHANTS BANK (LODI)

by McDermott + Bull | Nov 15, 2021 | Brandon Biegenzahn, Financial Services
Placement Announcement, Placement Announcement, Sun-Sun de Swaan

McDermott + Bull has placed Mark Olson as the Chief Financial Officer for
Farmers & Merchants Bank. Mark will play an integral role in shaping the future
of the bank and will be a visible strategic and operational leader, driving
their financial success through organic growth, market expansion, and
acquisition opportunities. He will manage a 23-member team overseeing all of
finance, accounting, and investor relations, along with facilities. He will also
chair ALCO.

Mark brings over 30 years of experience with an array of financial institutions,
including regional banks, community banks, and specialty finance firms. Most
recently, Mark served as the Chief Financial Officer for $3.5 billion Alta Bank
where he played a critical role in the bank’s growth and ultimate sale to
Glacier Bancorp in 2021. Prior to Alta, he held the Chief Financial Officer role
with California Republic Bank, taking the bank through a sale to Mechanics,
Heritage Oaks, and Pacific Capital Bank (Santa Barbara Bank & Trust) leading
through its sale to Union Bank. Mark is a graduate of Utah State University with
a bachelor’s degree in accounting.

Farmers & Merchants Bancorp, traded on the OTCQX under the symbol FMCB, is the
parent company of Farmers & Merchants Bank of Central California, also known as
F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community
bank, which proudly serves California through 32 convenient locations. The bank
offers a full complement of loan, deposit, equipment leasing, and treasury
management products to businesses, as well as a full suite of consumer banking
products. The FDIC awarded F&M Bank the highest possible rating of “Outstanding”
in their 2019 CRA evaluation. Farmers & Merchants Bancorp has paid dividends for
86 consecutive years and have increased dividends for 56 consecutive years. As a
result, they are a member of a select group of only 32 publicly traded companies
referred to as “Dividend Kings.” Additionally, the Bank has maintained a 5-Star
rating from BauerFinancial for 30 consecutive years, longer than any other
commercial bank in the state of California.

This executive search was completed by McDermott + Bull President Brandon
Biegenzahn and Managing Director Sun-Sun de Swaan.


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