{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-024469","form_type":"8-K","ticker":"FMFG","cik":"0001698022","company_name":"Farmers & Merchants Bancshares, Inc.","filed_at":"2022-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.744576+00:00","generated_at":"2026-06-23T02:20:24.433278+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Farmers & Merchants Bancshares reports 9M net income $6.08M ($2.00/sh); book value down to $15.01 due to AFS losses","bullets":["Q3 2022 net income $1.97M ($0.65/sh) vs $2.12M ($0.70/sh) in Q3 2021.","Nine-month net income $6.08M ($2.00/sh) vs $6.18M ($2.05/sh) year ago.","Loans grew to $505M from $482M despite $9M PPP decline; deposits rose to $639M from $626M.","Book value fell to $15.01/sh from $18.64/sh due to $24M unrealized loss on AFS securities.","CEO notes strong YTD earnings but expects deposit rate increases to pressure Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-024469","json":"https://secwatch.observer/filing/0001437749-22-024469.json","markdown":"https://secwatch.observer/filing/0001437749-22-024469.md","text":"https://secwatch.observer/filing/0001437749-22-024469.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922024469/0001437749-22-024469-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922024469/fmfg20221019_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T02:20:24.433278+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}