Farmers & Merchants Bancorp appoints Jehna Silva to Board

2 min read     Updated on 12 Jun 2026, 02:13 AM
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Farmers & Merchants Bancorp appointed Jehna Silva to its Board of Directors effective June 8, 2026, leveraging her 15 years of commercial banking experience. Silva, formerly Vice President, Shareholder Relations, joins the CRA, Budget and Finance, and ALCO Committees. The company, with $5.8 billion in assets, is a "Dividend King" with 91 consecutive years of dividends and 61 years of increases.

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Farmers & Merchants Bancorp appointed Jehna Silva to its Board of Directors effective June 8, 2026, strengthening its governance with over 15 years of commercial banking experience. Silva previously served as Vice President, Shareholder Relations, where she managed shareholder communications, supported governance, and handled shareholder reporting. Her background in relationship banking, lending, and risk mitigation is expected to contribute to the Board's strategic oversight and continued growth.

Silva has been appointed to serve on the CRA, Budget and Finance, and ALCO Committees of F&M Bank. Throughout her career, she has actively supported local communities, serving on boards for St. Joseph's Foundation of San Joaquin, Lodi Adopt-A-Child as Chair, and the Leadership Stockton Alumni Association. She holds a Bachelor of Science in Business Administration from the University of the Pacific and attended Southern Methodist University's Graduate Banking program at the Cox School of Business.

"On behalf of the Board of Directors, I want to welcome Jehna to the Board. She brings a history of professional experience, leadership, and commitment to exceptional corporate governance practices to our Board," said Kent A. Steinwert, Chairman, President, and Chief Executive Officer of FMCB. "I look forward to working with her as we continue to serve the needs of the Company's five key constituents, which are the shareholders, customers, employees, the communities we serve, and government, in a balanced manner."

Farmers & Merchants Bancorp is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, the bank operates 33 locations across California and holds $5.8 billion in assets. F&M Bank has maintained a 5-Star rating from BauerFinancial for 35 consecutive years, the longest streak of any commercial bank in California.

The company has paid dividends for 91 consecutive years and increased dividends for 61 consecutive years, making it a "Dividend King" and ranking it 17th among publicly traded companies with 50 or more years of dividend increases. In February 2026, F&M Bank was ranked 5th on Forbes Magazine's list of "America's Best Banks" for 2025 and 1st in California. In July 2025, Farmers & Merchants Bancorp was named the #3 best-performing bank in the nation across all asset categories by Bank Director's Magazine.

Key Financial and Operational Metrics

Metric Details
Assets $5.8 billion
Locations 33
Dividend History 91 consecutive years
Dividend Increases 61 consecutive years
BauerFinancial Rating 5-Star for 35 consecutive years
Forbes Ranking (2025) 5th in the US, 1st in California

How will Silva's specific expertise in risk mitigation influence the Board's strategic decisions regarding loan portfolio diversification?

Could this appointment signal a shift in F&M Bank's shareholder relations strategy or capital allocation policies?

With Silva's background in community involvement, will the bank look to expand its CRA-related lending initiatives in new markets?

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