Every 8-K that Farmers & Merchants Bk Md (FMFG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FMFG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FMFG filings page.
Farmers and Merchants Bancshares reported higher profitability for the three and six months ended June 30, 2026. Six‑month net income was $3.7 million, or $1.14 per share, up from $2.4 million and $0.74 a year earlier, with annualized ROA of 0.87% and ROE of 11.23%. Second‑quarter net income was $1.9 million, or $0.58 per share, versus $1.2 million and $0.38, and quarterly ROA and ROE were 0.88% and 11.28%.
Performance was driven by a $2.1 million increase in net interest income as the net yield on interest‑earning assets widened to 3.27%, reflecting a 5.35% yield on earning assets and a 2.57% cost of interest‑bearing liabilities. No provision for credit losses was recorded in 2026, compared with $268 thousand in 2025. Noninterest income was slightly lower, while noninterest expenses rose $306 thousand, mainly from higher salaries, benefits, and occupancy, partly offset by lower FDIC premiums and other costs.
Total assets were $874.2 million, loans $636.5 million, and deposits $725.1 million at June 30, 2026, while total borrowings declined to $74.3 million after repayment of $5.0 million in Federal Home Loan Bank advances. Book value per share increased to $20.72 despite a $12.9 million after‑tax unrealized loss on available‑for‑sale securities recorded in equity. Nonperforming assets were 0.19% of total assets, the allowance for credit losses was 0.70% of loans, tangible equity was $60.6 million, and the Tier 1 capital leverage ratio was 9.98%.
Farmers and Merchants Bancshares, Inc. entered into a Second Amendment to its Rights Agreement with Equiniti Trust Company, LLC. This amendment changes only the timing of the plan by extending the final expiration date of the rights to July 29, 2027, unless further extended or accelerated under the existing terms.
Farmers and Merchants Bancshares, Inc. updated and fully restated its Code of Ethics for directors and executive officers, including its principal executive and financial officers. The new version is designed to be more compliance-focused and principles-based, strengthening guidance on ethical behavior across the organization.
Key changes include formalized reporting expectations and accountability, new anti-retaliation protections for good-faith reporting, and a clear, tiered disciplinary framework. The Code also now provides simplified, principle-based guidance, places a heightened focus on both actual and perceived conflicts of interest, and emphasizes immediate disclosure requirements. The updated Code of Ethics is filed as Exhibit 14.1 and is also available on the company’s website.
Farmers and Merchants Bancshares, Inc. announced that its board declared a cash dividend of $0.36 per share on its common stock. The dividend will be paid on June 18, 2026 to stockholders of record as of June 2, 2026.
The company notes this $0.36 dividend is a 5.9% increase over the dividend paid in December and represents an annualized payout ratio of 33%. This indicates the portion of earnings being returned to shareholders in cash while retaining the rest to support the banking business.
Farmers and Merchants Bancshares, Inc. held its annual stockholder meeting on April 28, 2026 and reported the voting results. Stockholders elected two Class IV directors, Robert G. Pollokoff and Teresa L. Smack, each receiving over 1.69 million votes in favor with broker non-votes reported.
Investors also approved, on a non-binding advisory basis, the 2025 compensation of the company’s named executive officers, with about 1.74 million votes in favor versus a relatively small number against or abstaining. In addition, stockholders ratified the appointment of Yount, Hyde & Barbour, P.C. as the independent registered public accounting firm for 2026 with more than 2.02 million votes cast for ratification.
Farmers and Merchants Bancshares, Inc. amended and restated its 2023 Equity Compensation Plan to add 200,000 additional shares of common stock for equity awards. This brings the total number of shares authorized for issuance under the plan to 230,000.
The company plans to file a Form S-8 registration statement to register the offer and sale of these additional shares under the plan. The amended and restated plan is filed as an exhibit to this report.
Farmers and Merchants Bancshares, Inc. reported first-quarter 2026 net income of $1.8 million, or $0.56 per share, up from $1.2 million, or $0.37 per share, a 57% increase from the prior-year quarter.
Net interest income rose to $6.8 million from $5.5 million as the yield on earning assets improved to 5.37% and average loans grew to $637.9 million. The net yield on interest-earning assets widened to 3.28% from 2.81%, while the efficiency ratio improved to 65.83% from 75.23%.
Return on average equity reached 11.03% and return on average assets was 0.84%. Asset quality remained strong, with zero non-accrual loans and nonperforming assets at 0.19% of total assets. Total assets were $863.4 million and deposits were $711.3 million, reflecting repayment of $8.5 million in brokered CDs. Book value per share increased to $20.43, and the company reported access to approximately $360 million of liquidity as of March 31, 2026.
Farmers and Merchants Bancshares, Inc. filed a current report to note that it has issued a press release describing its financial results for the three- and twelve-month periods ended December 31, 2025. The press release is provided as Exhibit 99.1 and is furnished, rather than filed, under securities law rules.
The report clarifies that this earnings information is not automatically incorporated into other securities filings unless specifically referenced. Additional exhibits include an interactive data file associated with the cover page of the Inline XBRL document.
Farmers and Merchants Bancshares, Inc. (FMFG) announced that its Board of Directors declared a cash dividend of $0.34 per share on its common stock. The dividend will be paid on December 15, 2025 to stockholders who are on record as of December 5, 2025. This cash dividend provides direct cash returns to shareholders and reflects the company’s ongoing practice of distributing part of its earnings to its owners.
Farmers and Merchants Bancshares, Inc. (FMFG) furnished an update on its financial results. The company filed an 8‑K under Item 2.02 stating it issued a press release covering results for the three and nine month periods ended September 30, 2025, which is provided as Exhibit 99.1. The information in Item 2.02 and Exhibit 99.1 is furnished and not deemed “filed” for purposes of Section 18 of the Exchange Act, and is not incorporated by reference unless expressly stated.
Farmers and Merchants Bancshares, Inc. issued $12,500,000 aggregate principal amount of 7.875% Fixed to Floating Rate Subordinated Notes due September 25, 2035. The Notes were sold in a private placement at par and are intended to fund repayment of approximately $10,019,442 outstanding under a 2020 Term Note with First Horizon Bank and for general corporate purposes. Interest is fixed at 7.875% through September 25, 2030, then resets quarterly at Three-Month Term SOFR plus 458 basis points (floors at 0% SOFR). The Notes are unsecured, subordinated obligations of the company, rank junior to senior indebtedness, are not guaranteed by subsidiaries, and are intended to qualify as Tier 2 regulatory capital. Redemptions by the company are limited prior to September 26, 2030 and require regulatory approvals where applicable.