{
  "name": "Farmers & Merchants Bancshares, Inc.",
  "legal_name": "Farmers & Merchants Bancshares, Inc.",
  "ticker": "FMFG",
  "tickers": [
    "FMFG"
  ],
  "cik": "0001698022",
  "page_url": "https://steadybase.io/company/farmers-and-merchants-bancshares-inc/",
  "markdown_url": "https://steadybase.io/company/farmers-and-merchants-bancshares-inc.md",
  "json_url": "https://steadybase.io/company/farmers-and-merchants-bancshares-inc.json",
  "as_of": "2026-11-10",
  "last_filed": "2026-08-11",
  "industry": {
    "sic": "6036",
    "description": "Savings Institutions, Not Federally Chartered"
  },
  "headquarters": {
    "city": "Hampstead",
    "state": "MD",
    "country": "US"
  },
  "exchanges": [
    "OTC"
  ],
  "fiscal_year_end": "December 31",
  "filer_category": "Non-accelerated filer<br>Smaller reporting company",
  "state_of_incorporation": "MD",
  "website": "fmb1919.bank",
  "investor_relations_url": "https://ir.fm.bank/",
  "linkedin_company_url": "https://www.linkedin.com/company/farmers-&-merchants-bank",
  "summary": {
    "text": "Farmers and Merchants Bancshares, Inc. is a Maryland corporation chartered on August 8, 2016 that is registered with the Board of Governors of the Federal Reserve System (the “Federal Reserve”) as a bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHC Act”). At the time it registered as a bank holding company, the Company also elected to become a financial holding company, which allows it to engage in certain activities, and own shares or control of certain entities, that are in addition to those permissible for an entity that is a bank holding company only.",
    "section": "Item 1. Business",
    "period_end": "2025-12-31",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
  },
  "key_facts": [
    {
      "key": "revenue",
      "label": "Revenue",
      "value": 42355000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "filing_fact",
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/0001437749-26-009952-index.html",
      "text": "Revenue: $42.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 26, 2026)."
    },
    {
      "key": "net_income",
      "label": "Net income",
      "value": 5766000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "filing_fact",
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/0001437749-26-009952-index.html",
      "text": "Net income: $5.8M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 26, 2026)."
    },
    {
      "key": "employees",
      "label": "Employees",
      "value": 95,
      "unit": "people",
      "period_end": "2025-12-31",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm",
      "text": "Employees: 95 as of Dec 31, 2025, as reported in an SEC filing."
    },
    {
      "key": "shares_outstanding",
      "label": "Shares outstanding",
      "value": 3262958,
      "unit": "shares",
      "period_end": "2026-08-11",
      "form": "10-Q",
      "filed": "2026-08-11",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926027027/0001437749-26-027027-index.html",
      "text": "Shares outstanding: 3,262,958 as of Aug 11, 2026 (10-Q filed Aug 11, 2026)."
    },
    {
      "key": "auditor",
      "label": "Auditor",
      "value": "Yount, Hyde & Barbour, P.C.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm",
      "text": "Auditor: Yount, Hyde & Barbour, P.C., Richmond, Virginia, named in the latest 10-K."
    }
  ],
  "metrics": {
    "revenue": [
      {
        "period_start": "2025-01-01",
        "period_end": "2025-12-31",
        "value": 42355000,
        "unit": "USD",
        "basis": "filing_fact",
        "form": "10-K",
        "filed": "2026-03-26",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/0001437749-26-009952-index.html"
      },
      {
        "period_start": "2024-01-01",
        "period_end": "2024-12-31",
        "value": 38363000,
        "unit": "USD",
        "basis": "filing_fact",
        "form": "10-K",
        "filed": "2026-03-26",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/0001437749-26-009952-index.html"
      },
      {
        "period_start": "2023-01-01",
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        "value": 31323000,
        "unit": "USD",
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        "filed": "2025-03-13",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774925007333/0001437749-25-007333-index.html"
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        "period_start": "2022-01-01",
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        "value": 26269653,
        "unit": "USD",
        "basis": "filing_fact",
        "form": "10-K",
        "filed": "2024-03-11",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774924007276/0001437749-24-007276-index.html"
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        "filed": "2023-03-10",
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      }
    ],
    "net_income": [
      {
        "period_start": "2025-01-01",
        "period_end": "2025-12-31",
        "value": 5766000,
        "unit": "USD",
        "basis": "filing_fact",
        "form": "10-K",
        "filed": "2026-03-26",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/0001437749-26-009952-index.html"
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      {
        "period_start": "2024-01-01",
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        "value": 4278000,
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        "basis": "filing_fact",
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        "filed": "2026-03-26",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/0001437749-26-009952-index.html"
      },
      {
        "period_start": "2023-01-01",
        "period_end": "2023-12-31",
        "value": 6418000,
        "unit": "USD",
        "basis": "filing_fact",
        "form": "10-K",
        "filed": "2025-03-13",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774925007333/0001437749-25-007333-index.html"
      },
      {
        "period_start": "2022-01-01",
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        "value": 8090127,
        "unit": "USD",
        "basis": "filing_fact",
        "form": "10-K",
        "filed": "2024-03-11",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774924007276/0001437749-24-007276-index.html"
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      {
        "period_start": "2021-01-01",
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        "value": 8149606,
        "unit": "USD",
        "basis": "filing_fact",
        "form": "10-K",
        "filed": "2023-03-10",
        "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774923006153/0001437749-23-006153-index.html"
      }
    ]
  },
  "next_earnings": {
    "date": "2027-01-20",
    "confidence": "estimate",
    "webcast_url": null
  },
  "people": [
    {
      "name": "Gary A. Harris",
      "title": "President and CEO",
      "role": "officer",
      "linkedin_url": null,
      "form": "8-K",
      "filed": "2026-10-22",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926033188/ex_1029137.htm"
    },
    {
      "name": "Paul B. Susie",
      "title": "Treasurer and Chief Financial Officer",
      "role": "officer",
      "linkedin_url": "https://linkedin.com/in/paul-susie-cpa-2154588",
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "Barry Luciani",
      "title": "EVP",
      "role": "officer",
      "linkedin_url": "https://linkedin.com/in/barryluciani",
      "form": "4",
      "filed": "2026-01-29",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000206808226000001/0002068082-26-000001-index.htm"
    },
    {
      "name": "Bruce L. Schindler",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "Edward A. Halle, Jr.",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "Emily B. Miller",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "James R. Bosley, Jr.",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "Roger D. Cassell",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "Ronald W. Hux",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "Steven W. Eline",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "name": "Teresa L. Smack",
      "title": "Director",
      "role": "director",
      "linkedin_url": null,
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    }
  ],
  "events_8k": [
    {
      "filed": "2026-10-22",
      "items": [
        {
          "item": "2.02",
          "label": "Results of operations and financial condition (earnings release)",
          "signal": "earnings"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926033188/fmfg20261021_8k.htm"
    },
    {
      "filed": "2026-09-23",
      "items": [
        {
          "item": "5.02",
          "label": "Departure or appointment of directors or officers; compensation",
          "signal": "leadership_change"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926031063/fmfg20260923_8k.htm"
    },
    {
      "filed": "2026-07-23",
      "items": [
        {
          "item": "2.02",
          "label": "Results of operations and financial condition (earnings release)",
          "signal": "earnings"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926024236/fmfg20260722_8k.htm"
    },
    {
      "filed": "2026-06-16",
      "items": [
        {
          "item": "1.01",
          "label": "Entry into a material definitive agreement",
          "signal": "deal"
        },
        {
          "item": "3.03",
          "label": "Material modification to rights of security holders",
          "signal": "governance"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926020810/fmfg20260616_8k.htm"
    },
    {
      "filed": "2026-05-21",
      "items": [
        {
          "item": "5.05",
          "label": "Item 5.05",
          "signal": null
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926018092/fmfg20260521_8k.htm"
    },
    {
      "filed": "2026-05-19",
      "items": [
        {
          "item": "8.01",
          "label": "Other events",
          "signal": "other"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926017800/fmfg20260519_8k.htm"
    },
    {
      "filed": "2026-04-30",
      "items": [
        {
          "item": "5.07",
          "label": "Submission of matters to a vote of security holders",
          "signal": "governance"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
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      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926014235/fmfg20260430_8k.htm"
    },
    {
      "filed": "2026-04-29",
      "items": [
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          "signal": "leadership_change"
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      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926013896/fmfg20260429_8k.htm"
    },
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      "items": [
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          "signal": "earnings"
        },
        {
          "item": "9.01",
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          "signal": "exhibits"
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      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926013241/fmfg20260423_8k.htm"
    },
    {
      "filed": "2026-01-29",
      "items": [
        {
          "item": "2.02",
          "label": "Results of operations and financial condition (earnings release)",
          "signal": "earnings"
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        {
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          "signal": "exhibits"
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      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926002410/fmfg20260129_8k.htm"
    }
  ],
  "insider_trades": [
    {
      "owner": "Emily Bollinger Miller",
      "role": "Director",
      "action": "bought",
      "code": "P",
      "shares": 750,
      "value_usd": 12000,
      "date": "2025-11-25",
      "filed": "2025-11-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000199113525000003/0001991135-25-000003-index.htm"
    }
  ],
  "quotes": [
    {
      "text": "Our results through the first nine months of 2026 reflect the progress we're making across the Bank, with net income increasing 41.2% over the same period last year and loan growth of approximately $33 million year over year. For us, growth is about more than getting bigger. It's about becoming a better bank for the people and businesses who count on us. That means investing in our team, strengthening our capabilities, and making it easier for customers to do business with us",
      "speaker": "Gary A. Harris",
      "title": "President and CEO",
      "form": "8-K",
      "filed": "2026-10-22",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926033188/ex_1029137.htm"
    }
  ],
  "latest_filings": [
    {
      "form": "8-K",
      "filed": "2026-10-22",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926033188/fmfg20261021_8k.htm"
    },
    {
      "form": "10-K",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009952/fmfg20251231_10k.htm"
    },
    {
      "form": "10-Q",
      "filed": "2026-08-11",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926027027/fmfg20260630_10q.htm"
    },
    {
      "form": "DEF 14A",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1698022/000143774926009965/fmfg20260309_def14a.htm"
    }
  ],
  "source": "SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from."
}