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


                                  June 21, 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 5.  Other Events

         Attached as Exhibit 99.1 - Press release dated June 21, 2004,
announcing the Board of Directors of Farmers & Merchants Bancorp's recent
approval of a resolution authorizing the repurchase, from time to time, of
outstanding shares of the common stock of the Company.













                                    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

                                              Stephen W. Haley
                                              Executive Vice President
                                              & Chief Financial Officer


Date:  June 21, 2004