−Removed: Farmers & Merchants Bancorp and its subsidiaries are headquartered in Lodi, California.
+Added: The Company and Bank are headquartered in Lodi, California.
Executive offices are located at 111 W.
−Removed: We own our headquarters, loan servicing center, administrative
−Removed: offices, warehouses and parking lots along with land for future banking locations.
+Added: We own our headquarters, loan servicing center, administrative offices, warehouses and parking lots
+Added: along with land for future banking locations.
Banking services are provided in 30 branch locations in the Company's service area.
Of the 30 branches, 20 are owned and 10 are leased.
−Removed: The expiration of these
−Removed: leases occurs between the years 2025 and 2030, however most of these leases have extension options that typically range from 5 to 10 years.
+Added: The expiration of these leases occurs between the years 2026 and
+Added: 2030, however most of these leases have extension options that typically range from 5 to 10 years.
See Note 16 “Leases”, located in Item 8.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.