In characteristic fashion, Farmers & Merchants Bancorp ( OTCQX:FMCB ) has been pretty quiet since my last update in March, with shares of this high-quality Californian bank virtually flat in that time.I like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names on 'The UK Income Investor'.An ...