Highest-materiality recent filing
Farmers and Merchants Bancshares reports Q1 2026 EPS $0.56, net income up 57% YoY
Net income $1.8M ($0.56/share) for Q1 2026, up 57% from $1.2M ($0.37) in Q1 2025.
Farmers & Merchants Bancshares FY2025 net income $5.8M, EPS $1.81, up 35% YoY
Net income $5.8M ($1.81/share) for 2025 vs $4.3M ($1.37/share) in 2024, a 35% increase.
Farmers & Merchants Bancshares Q3 net income $1.7M ($0.53 EPS); 9-month $4.1M ($1.28 EPS)
Net income for 9 months ended Sep 30, 2025: $4.1M vs $3.4M YoY; basic EPS $1.28 vs $1.09.
Farmers and Merchants Bancshares reports $4.28M net income for 2024, down 33% from prior year
Net income for 2024 was $4,277,703 ($1.37 per share), compared to $6,418,337 ($2.08 per share) in 2023.
Farmers & Merchants Bancshares Q3 EPS $0.36 vs $0.46 YoY; 9-month EPS $1.09 vs $1.63
Nine-month net income $3.42M ($1.09/sh) down 31.6% from $5.00M ($1.63/sh) YoY on higher interest expense.
Adopted rights plan triggered at 11% beneficial ownership; expires July 29, 2025.
Farmers & Merchants Bancshares H1 2024 net income down 35.6% to $2.3M ($0.74 EPS)
Net income for Q2 2024 was $1.08M ($0.35 EPS) vs $1.67M ($0.54 EPS) in Q2 2023, down 35.4%.
FMFG Q1 2024 net income falls 36% YoY to $1.22M, EPS $0.39 vs $0.62
Net income $1,219,987 ($0.39 per share) vs $1,900,851 ($0.62) in Q1 2023, down 36%.
Farmers and Merchants Bancshares FY2023 net income $6.42M ($2.08 EPS), down 21% YoY
Net income for FY2023 $6.42M ($2.08/diluted) vs $8.09M ($2.66) in FY2022.
Farmers & Merchants Bancshares Q3 net income falls 27% to $0.46 EPS; nine-month EPS $1.63 vs $2.00
Q3 2023 net income $1.43M ($0.46 per share) vs $1.97M ($0.65) a year ago.
Farmers & Merchants Bancshares Q2 net income falls 19% YoY to $1.67M; EPS $0.54
Six-month net income $3.57M ($1.16 EPS) vs $4.10M ($1.35 EPS) YoY, down 13%.
F&M Bancshares Q1 net income $1.9M ($0.62 EPS) vs $2.05M ($0.68) YoY
Net income $1,900,851 ($0.62/share) vs $2,050,802 ($0.68) in Q1 2022; ROAA 1.05% vs 1.15%.
FMFG reports FY2022 net income $8.09M ($2.66/sh), down 0.7% YoY; book value declines to $15.56
FY2022 net income $8.09M ($2.66 diluted EPS) vs $8.15M ($2.70) in 2021; Q4 net income $2.01M ($0.66) vs $1.97M ($0.65).
James R. Bosley, Jr. retired as CEO of Farmers and Merchants Bancshares and its bank subsidiary on Dec 31, 2022.
Q3 2022 net income $1.97M ($0.65/sh) vs $2.12M ($0.70/sh) in Q3 2021.
Farmers and Merchants Bancshares reports net income of $4.1M for H1 2022, or $1.35 per share
Net income for six months ended June 30, 2022 was $4,101,535, or $1.35 per share, compared to $4,061,794 in same period 2021
Gary A. Harris to succeed James R. Bosley as President and CEO at year-end 2022
Gary A. Harris becomes President of Company and Bank on July 1, 2022; CEO on January 1, 2023 after James R. Bosley retires Dec 31, 2022.
appointed Barry Luciani to serve as the Bank’s Executive Vice President and Chief Retail Banking Officer (“CRBO”).
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.
On August 19, 2024, Christopher T. Oswald, the Senior Vice President of Farmers and Merchants Bancshares, Inc. (the “Company”) and the Executive Vice President - Chief Operations Officer of Farmers and Merchants Bank, the Company’s bank subsidiary, retired.
Effective August 29, 2023, the boards of directors of Farmers and Merchants Bancshares, Inc. (the “Company”) and Farmers and Merchants Bank (the “Bank”) elected Robert G. Pollokoff to serve as a director of the Company and the Bank.
Effective August 15, 2023, the boards of directors of Farmers and Merchants Bancshares, Inc. (the “Company”) and Farmers and Merchants Bank (the “Bank”) elected Emily Bollinger Miller to serve as a director of the Company and the Bank.
was replaced by Gary A. Harris, who now holds the positions of President and Chief Executive Officer.
James R. Bosley, Jr. retired as the Chief Executive Officer of the Company and its bank subsidiary, Farmers and Merchants Bank, on December 31, 2022
On August 22, 2022, Farmers and Merchants Bank (the “Bank”), the wholly-owned subsidiary of Farmers and Merchants Bancshares, Inc. (the “Company”), received a letter from John J. Schuster, Jr. in which he notified the Bank that he was retiring as a director of the Bank and of the Company for personal reasons.
When Mr. Bosley retires, Mr. Harris will serve as both the President and the Chief Executive Officer.
they also elected Mr. Harris to serve as President
elected Mr. Bosley to serve in that office until his retirement
elected Mr. Harris to serve as a Class II director of the Company until the 2024 annual meeting
Max materiality 0.90 · Median 0.45 · Most common event earnings