Since falling under a Consent Order issued by the Federal Deposit Insurance Corporation in February 2012, Statesboro-based Farmers & Merchants Bank has made significant strides in addressing regulator concerns and returning to profitability. In a recent letter to shareholders, bank president and CEO Brett Morgan cited many of the areas in which the bank has seen improvement. "We are pleased with overall improvement in virtually all categories that we monitor, but our greatest improvement has been in the following areas," Morgan said.