Company: FMFG
Filing Date: 2025-05-23
Form Type: 10-K/A
Source: 0001437749-25-018259
Chunk: 4

Company: Farmers & Merchants Bancshares, Inc.
Filing Date: 2025-05-23
Form: 10-K/A
Chunk 4
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 Interpretation 106.01, the information regarding the Company’s equity compensation plans required by this Item pursuant to Item 201(d) of Regulation S-K is located in Item 12 of Part III of this annual report and is incorporated herein by reference.

Sales of Unregistered Securities

Until the Company’s payment on December 17, 2024 of a cash dividend on outstanding shares of its common stock, the Company maintained a dividend reinvestment plan (the “DRIP”). The shares available under the DRIP were registered under the Securities Act of 1933, as amended (the “Securities Act”), on a Registration Statement on Form S-1 (File No. 333-217918) that was initially declared effective by the SEC on June 1, 2017 (the “Registration Statement”). The Company subsequently discovered that it inadvertently sold and issued 2,407 shares of common stock to 279 participants in the DRIP at a sales price of $14.2215 per share in connection with the reinvestment of their cash dividends paid on December 17, 2024, which shares were not registered under the Securities Act pursuant to the Prior Registration Statement.

Other than as set forth above, the Company did not sell any securities that were not registered under the Securities Act during the three years immediately preceding the date of this Registration Statement.

Issuer Purchases of Equity Securities

Neither the Company nor any “affiliated purchaser” of the Company purchased any shares of the Company’s common stock during the quarter ended December 31, 2024.

<div align='center'>PART IV</div>

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

(a)(1), (2) and (c) Financial Statements.

Report of Independent Registered Public Accounting Firm

Consolidated Balance Sheets at December 31, 2024 and 2023

Consolidated Statements of Income for the years ended December 31, 2024 and 2023

Consolidated Statement of Comprehensive Income for the years ended December 31, 2024 and 2023

Consolidated Statement of Changes in Stockholders’ Equity for the years ended December 31, 2024 and 2023

Consolidated Statement of Cash Flows for the years ended December 31, 2024 and 2023

Notes to Consolidated Financial Statements as of and for the years ended December 31, 2024 and 2023

(a)(3) and (b) Exhib