SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


                                February 9, 2004
                        (Date of earliest event reported)


                           Farmers & Merchants Bancorp
             (Exact name of registrant as specified in its charter)


                                    Delaware
                 (State or other jurisdiction of incorporation)


         1.000 - 26099                                     94-3327828
         -------------                                     ----------
    (Commission File Number)                   IRS Employer Identification No.)


                111 West Pine Street, Lodi, California 95240-2184
                -------------------------------------------------
               (Address of principal executive offices) (Zip Code)


                                 (209) 367-2412
                         (Registrant's telephone number,
                              including area code)


                                 Not Applicable
          (Former name or former address, if changes since last report)




Item 12. Results of Operations and Financial Condition

On  February  9,  2004,  Farmers  &  Merchants  Bancorp  issued a press  release
concerning  financial results for the fourth quarter and year-end,  2003, a copy
of which is included as Exhibit 99 and incorporated herein by reference.










                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                    FARMERS & MERCHANTS BANCORP




                                    By   /s/ Stephen W. Haley

                                         Stephen W. Haley
                                         Executive Vice President
                                         & Chief Financial Officer


Date:  February 11, 2004