Farmers & Merchants Bank of Long Beach Appoints Heather Carrillo to Board of Directors

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LONG BEACH, Calif.--(BUSINESS WIRE)--Nov 20, 2025--

Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQB: FMBL) today announced that Heather Carrillo has been named to its board of directors. Ms. Carrillo’s appointment represents an expansion of F&M’s board to eight members.

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Heather Carrillo, a new board member of Farmers & Merchants Bank of Long Beach

Ms. Carrillo brings to the F&M board a distinguished 25-year career with Fidelity Investments, one of the nation’s leading financial services firms. She currently is Fidelity’s Senior Vice President of Bank Strategy Technology Services.

Her career at Fidelity has included several roles, including as a member of the Corporate Development team, as a portfolio manager, and as an analyst covering technology, banks, and transportation stocks. Prior to joining Fidelity, Ms. Carrillo was a sell-side research associate at Morgan Stanley, a private equity associate at Westbrook Partners, and an investment banking analyst at Alex. Brown & Sons.

Ms. Carrillo has been in the investment industry since 1994. She earned a bachelor of science degree from the Wharton School of the University of Pennsylvania and a master of business administration degree from Columbia Business School.

About Farmers & Merchants Bank of Long Beach

Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank provides white-glove service to clients at 27 branches from San Clemente to Santa Barbara, as well as through its Online and Mobile Banking platforms. The Bank offers 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.

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CONTACT: Kevin Tiber

President

562-499-4829Roger Pondel

PondelWilkinson Inc.

Investor Relations

310-279-5980

[email protected]

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PERSONAL FINANCE FINANCE BANKING PROFESSIONAL SERVICES SMALL BUSINESS

SOURCE: Farmers & Merchants Bank of Long Beach

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PUB: 11/20/2025 08:00 AM/DISC: 11/20/2025 08:01 AM

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