{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-013416","form_type":"8-K","ticker":"FMFG","cik":"0001698022","company_name":"Farmers & Merchants Bancshares, Inc.","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.378894+00:00","generated_at":"2026-05-23T03:55:21.868071+00:00","sec_items":["2.02","7.01","8.01","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"confidence":"high","headline":"Farmers & Merchants Bancshares Q1 net income $1.2M ($0.37/share) flat YoY; CFO Krebs to retire, Susie appointed","bullets":["Net income $1.2M ($0.37 EPS) vs $1.2M ($0.39 EPS) Q1 2024; ROAA 0.57% vs 0.61%.","Net interest income $5.5M, up $321K YoY; avg loans $593.7M, up $59.1M.","Noninterest expense +$386K on occupancy, FDIC premiums, and legal fees for stockholder matters.","CFO Mark Krebs to retire June 30, 2025; Paul B. Susie (SVP-CAO) to be appointed CFO.","Total assets $817.6M (down from $844.6M Dec 2024); book value $18.44 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-013416","json":"https://secwatch.observer/filing/0001437749-25-013416.json","markdown":"https://secwatch.observer/filing/0001437749-25-013416.md","text":"https://secwatch.observer/filing/0001437749-25-013416.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698022/000143774925013416/0001437749-25-013416-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698022/000143774925013416/fmfg20250428_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:55:21.868071+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":[{"claim_id":"145579bcab","claim":"Paul B. Susie was appointed as Chief Financial Officer at Farmers & Merchants Bancshares, Inc..","evidence_excerpt":"The Company will disclose the information required by Item 5.02 of Form 8-K with respect to Mr. Susie in a Form 8-K that will be filed within four business days of his appointment as the CFO.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774925013416/0001437749-25-013416-index.htm","confidence":0.7}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}