EXHIBIT 107
Calculation of Filing Fee Tables
Form S-4
(Form Type)
Farmers & Merchants Bancorp, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Form | Carry Forward File Number | Carry Forward Initial effective date | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |||||||||||||
Newly Registered Securities | ||||||||||||||||||||||||
Fees to Be Paid | Equity | Common stock, no par value per share | Other | 769,886(1) | N/A | $24,519,195(2) | 0.0000927 | $2,272.93(3) | ||||||||||||||||
Fees Previously Paid | — | — | — | — | — | — | — | |||||||||||||||||
Carry Forward Securities | ||||||||||||||||||||||||
Carry Forward Securities | — | — | — | — | — | — | — | |||||||||||||||||
Total Offering Amounts | $24,519,195 | |||||||||||||||||||||||
Total Fees Previously Paid | $ | |||||||||||||||||||||||
Total Fee Offsets | $ | |||||||||||||||||||||||
Net Fee Due | $2,272.93 |
(1) | This represents the maximum number of shares of Farmers & Merchants Bancorp, Inc. common stock to be issuable upon completion of the merger described herein. This number is based on the 1,167,025 shares of Peoples-Sidney Financial Corporation common stock expected to be outstanding when the transaction is consummated, and the exchange of each such share for 0.6597 shares of Farmers & Merchants Bancorp, Inc. common stock and assumes no shareholder of Peoples-Sidney Financial Corporation elects to receive the cash consideration offered pursuant to the terms of the Agreement and Plan of Merger, dated as of June 14, 2022 (the “Merger Agreement”), by and between Farmers & Merchants Bancorp, In. and Peoples-Sidney Financial Corporation which is attached to the proxy statement and prospectus as Annex A. |
(2) | Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933, as amended, and computed pursuant to Rules 457(f)(1) and (f)(3) thereunder, on the basis of the market value of the common stock of Peoples-Sidney Financial Corporation, to be exchanged in the transaction, computed, in accordance with Rule 457(f), as: (i) the product of (a) $21.01 (the average of the bid and asked price on the OTC Pink®Open Market of Peoples-Sidney Financial Corporation common stock as of July 20, 2022 a date within five business days of the filing of this registration statement,); and (b) 1,167,025 (the aggregate number of shares of Peoples-Sidney Financial Corporation common stock expected to be outstanding when the transaction is consummated). |
(3) | The registration fee of $2,272.93 for the securities registered hereby has been calculated, pursuant to Section 6(b) of the Securities Act of 1933, as amended, as $24,519,195 (the proposed maximum aggregate offering price) multiplied by 0.0000927. |