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. Effective November 1, 2016, the Company consummated a bank holding company reorganization involving Farmers and Merchants Bank, a Maryland commercial bank chartered on October 24, 1919 (the “Bank”), pursuant to which the Bank became a wholly-owned subsidiary of the Company and all of the Bank’s stockholders became stockholders of the Company (the “Reorganization”).
Company profile
Ticker
FMFG
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Farmers and Merchants Bank, a Maryland commercial bank • Series Protected Cell FCB-4, a series of First Community Bankers Insurance, Co., LLC • Reliable Community Financial Services, Inc. ...
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
24 Apr 24
8-K
Results of Operations and Financial Condition
23 Apr 24
DEF 14A
Definitive proxy
14 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
FARMERS AND MERCHANTS BANCSHARES, INC. REPORTS EARNINGS OF $6,418,337 or $2.08 PER SHARE FOR THE YEAR ENDED
31 Jan 24
8-K
Farmers and Merchants Bancshares, Inc. Declares
21 Nov 23
8-K/A
Departure of Directors or Certain Officers
15 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Departure of Directors or Certain Officers
24 Oct 23
8-K
Results of Operations and Financial Condition
24 Oct 23
Latest ownership filings
Financial summary
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Institutional ownership, Q3 2023
1.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 1.04 bn |
Total shares | 50.12 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Siena Capital Partners GP | 50.12 k | $1.04 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Dec 23 | Roger D. Cassell | Common Stock | Gift | Dispose G | No | No | 0 | 3,443 | 0.00 | 2,066 |
15 Nov 23 | Roger D. Cassell | Common Stock | Sell | Dispose S | No | No | 17.7 | 0.613 | 10.85 | 5,509 |
25 Oct 23 | Eline Steven W. | Common Stock | Buy | Acquire P | No | No | 18.15 | 1,000 | 18.15 k | 23,699.071 |
24 Oct 23 | Gary A Harris | Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 5,100 |
4 Oct 23 | Teresa L. Smack | Common Stock | Buy | Acquire P | No | No | 18.3 | 5,000 | 91.50 k | 5,980.236 |
22 Sep 23 | Gary A Harris | Common Stock | Grant | Acquire A | No | No | 0 | 2,000 | 0.00 | 2,100 |