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

                                December 19, 2005
                                -----------------
                        (Date of earliest event reported)

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

                                    Delaware
                                    --------
                 (State or other jurisdiction of incorporation)


          000 - 26099                                    94-3327828
          -----------                                    ----------
   (Commission File Number)                  (IRS Employer Identification No.)


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


                                 (209) 367-2300
                                 --------------
              (Registrant's telephone number, including area code)


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

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written  communications  pursuant  to Rule 425 under the Securities Act (17
     CFR  230.425)
[ ]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)
[ ]  Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange  Act  (17  CFR  240.14d-2(b))
[ ]  Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange  Act  (17  CFR  240.13e-4(C))



Item 8.01 Other Events
          ------------

Attached  as  Exhibit 99.1 - Press release dated December 19, 2005, announcing a
cash  dividend of $4.50 per share, an increase from the $4.40 per share declared
last  year.  The  cash dividend will be paid on January 3, 2006, to stockholders
of  record  on  December  16,  2005.

Item 9.01 Financial Statements and Exhibits
          ---------------------------------

(c)     Exhibits:

        99.1     Press release announcing cash dividend.




                                    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:  December 20, 2005