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Farmers & Merchants Bank of Long Beach Declares Third-Quarter Cash Dividend of $23 Per Share

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Farmers & Merchants Bank of Long Beach (OTCQB:FMBL) today announced
that its board of directors has declared a regular quarterly cash
dividend of $23 per share. The quarterly dividend is payable on
September 28, 2018 to shareholders of record as of September 14, 2018.

The declaration represents F&M's 498th dividend payment, including
special dividends. F&M has paid a dividend each year to shareholders
since 1916, and the value of F&M's quarterly dividend has never
decreased.

About Farmers & Merchants Bank of Long Beach

Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank
has 24 branches across Orange County, Long Beach and the South Bay. The
Bank specializes in commercial and small business banking, business loan
programs, home loans, and a robust offering of consumer retail banking
products, including checking, savings and youth accounts. Farmers &
Merchants Bank is a California state-chartered bank with deposits
insured by the Federal Deposit Insurance Corporation (Member FDIC) and
an Equal Housing Lender. For more information about F&M, please visit
the website, www.fmb.com.

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