Farmers and Merchants Bancshares, Inc. (FMFG)

16.00 0.00 (0.00%) At close: 09:38AM EDT

Farmers and Merchants Bancshares, Inc.

4510 Lower Beckleysville Road
Suite H
Hampstead, MD 21074
United States
410 374 1510
https://www.fmb1919.bank

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 90

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mark C. Krebs CPA	CFO, Executive VP & Treasurer	303.8k	N/A	1961
Mr. Christopher T. Oswald	Senior Vice President	330.03k	N/A	1962
Mr. Gary A. Harris	President, CEO & Director	421.48k	N/A	1971
Lynnette Kitzmiller	VP & Corporate Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Farmers and Merchants Bancshares, Inc. operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements. The company also provides credit for residential mortgages, including federal housing administration and veterans affairs loans; construction loans; home equity lines; personal installment loans; and other consumer financing, as well as finances commerce and industry by providing credit and deposit services for small to medium size businesses and the agricultural community. In addition, it offers commercial lending, which includes commercial mortgages, land acquisition and development loans, lines of credit, accounts receivable financing, and term loans for fixed asset purchases, as well as loans guaranteed by the Small Business Administration and the United States Department of Agriculture. Further, the company provides automated teller machine, internet, mobile banking, and automated telephone services, as well as debit and credit cards. It serves customers through its office located in Upperco, Maryland; branches located in Hampstead, Greenmount, Reisterstown, Owings Mills, Eldersburg, and Westminster, Maryland; and a satellite branch located in Westminster, Maryland. Farmers and Merchants Bancshares, Inc. was founded in 1919 and is headquartered in Hampstead, Maryland.

Corporate governance

Farmers and Merchants Bancshares, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.