{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-002410","form_type":"8-K","ticker":"FMFG","cik":"0001698022","company_name":"Farmers & Merchants Bancshares, Inc.","filed_at":"2026-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.925636+00:00","generated_at":"2026-05-16T06:29:10.457875+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"confidence":"high","headline":"Farmers & Merchants Bancshares FY2025 net income $5.8M, EPS $1.81, up 35% YoY","bullets":["Net income $5.8M ($1.81/share) for 2025 vs $4.3M ($1.37/share) in 2024, a 35% increase.","Q4 2025 net income $1.7M ($0.53/share) vs $0.9M ($0.27/share) in Q4 2024.","Net interest margin widened to 3.01% from 2.68%; loan portfolio grew 9% to $633.1M.","Zero non-accrual loans; asset quality remains strong.","Issued $12.5M subordinated debt in Sept 2025 to repay term loan and boost capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-002410","json":"https://secwatch.observer/filing/0001437749-26-002410.json","markdown":"https://secwatch.observer/filing/0001437749-26-002410.md","text":"https://secwatch.observer/filing/0001437749-26-002410.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698022/000143774926002410/0001437749-26-002410-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698022/000143774926002410/fmfg20260129_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T06:29:10.457875+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"}