Farmers & Merchants Bank of Long Beach Declares Second-Quarter Cash Dividend of $27 Per Share

LONG BEACH, Calif.–(BUSINESS WIRE)–Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced
that its board of directors has declared a regular quarterly cash
dividend of $27 per share. The quarterly dividend is payable on June 28,
2019 to shareholders of record as of June 14, 2019.

The declaration represents F&M’s 502nd 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 25 branches across Orange County, Long Beach, the South Bay and now
in Santa Barbara. 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.

Contacts

John Hinrichs
Executive Vice President
562-437-0011, ext. 5035

Evan Pondel
PondelWilkinson Inc.
Corporate & Investor Relations
310-279-5980
investor@pondel.com