Farmers & Merchants Bancorp communicated that Kenneth W. Smith, Executive Vice President and Chief Credit Officer, has announced his intention to retire effective December 31, 2021, after 46 years in banking, including 22 years with Farmers & Merchants Bank of Central California. The Chief Credit Officer position will be filled by Jay J. Colombini, one of the Bank's two current Executive Vice President and Wholesale Banking Division Managers. Jay Colombini will assume the Chief Credit Officer's role November 1, 2021 and work closely with Ken Smith until year-end to ensure a seamless transition. Jay Colombini brings to this new position 36 years of industry credit administration experience, including 28 years at Farmers & Merchants Bank of Central California. Kent A. Steinwert, Chairman, President and C.E.O. commented, As a key member of company management team, Ken Smith has been instrumental in maintaining company institution's exceptional credit quality and regulatory performance. His honed credit administration skills have contributed to company strong overall performance over the past 22 years. Steinwert continued, company long-term commitment to continuous strategic and succession planning has enabled the Company to fill both executive openings from internal team members. Jay Colombini's current role as one of two key executives in company wholesale banking division will be filled by two of company Senior Vice President Market Managers. These individuals will assume new Regional Senior Vice President positions November 1, 2021, and will report to David M. Zitterow, Executive Vice President Wholesale Banking Division Manager. Expanding leadership oversite of company agriculture and commercial businesses is expected to enhance the Company's ability to effectively manage future growth.