$FMFG
Farmers & Merchants Bancshares, Inc. Stock $fmfg

$fmfg Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000143774924016592 Filed on May 14, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$9.180M	$9.066M	$7.053M
YoY Change	24.32%	28.55%	8.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense		$3.892M	$1.395M
YoY Change		178.89%	165.48%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$1.384M	$1.566M	$2.552M
YoY Change	-37.47%	-38.63%	-4.07%
Income Tax	$305.6K	$346.2K	$651.2K
% Of Pretax Income	22.08%	22.11%	25.52%
Net Earnings	$1.079M	$1.220M	$1.901M
YoY Change	-35.42%	-35.82%	-7.31%
Net Earnings / Revenue	11.75%	13.46%	26.95%
Basic Earnings Per Share	$0.35	$0.39	$0.62
Diluted Earnings Per Share	$0.35	$0.39	$0.62
COMMON SHARES
Basic Shares Outstanding	3.117M	3.117M	3.071M
Diluted Shares Outstanding	3.121M	3.117M	3.071M

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$24.51M	$25.63M	$9.566M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$7.456M	$7.282M	$6.097M
YoY Change	23.15%	19.45%	-2.74%
Goodwill	$6.978M	$6.978M	$6.978M
YoY Change	0.0%	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$798.6M	$794.6M	$722.7M
YoY Change	9.35%	9.95%	0.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities	$744.0M	$741.5M	$671.9M
YoY Change	9.34%	10.36%	0.93%
SHAREHOLDERS EQUITY
Retained Earnings	$40.70M	$40.65M	$36.85M
YoY Change	8.52%	10.32%	18.19%
Common Stock	$31.45K	$31.17K	$30.71K
YoY Change	1.77%	1.49%	1.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$54.54M	$53.08M	$50.76M
YoY Change
Total Liabilities & Shareholders Equity	$798.6M	$794.6M	$722.7M
YoY Change	9.35%	9.95%	0.66%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	$1.079M	$1.220M	$1.901M
YoY Change	-35.42%	-35.82%	-7.31%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities		$484.3K	$2.151M
YoY Change		-77.48%	36.84%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		-$13.93M	-$997.9K
YoY Change		1295.49%	-84.76%
FINANCING ACTIVITIES
Cash Dividend Paid		$0.00	$7.843K
YoY Change		-100.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$472.2K	$472.2K
YoY Change		0.0%	10.53%
Cash From Financing Activities		-$5.616M	$1.150M
YoY Change		-588.29%	-79.65%
NET CHANGE
Cash From Operating Activities		$484.3K	$2.151M
Cash From Investing Activities		-$13.93M	-$997.9K
Cash From Financing Activities		-$5.616M	$1.150M
Net Change In Cash		-$19.06M	$2.303M
YoY Change		-927.56%	240.11%
FREE CASH FLOW
Cash From Operating Activities		$484.3K	$2.151M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	Farmers & Merchants Bancshares, Inc.
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001698022
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss DebtSecuritiesHeldToMaturityAllowanceForCreditLoss	31670	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss DebtSecuritiesHeldToMaturityAllowanceForCreditLoss	35627	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4317837	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4285247	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	5000000
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	5000000
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3116966
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3116966
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3116966
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3116966
CY2023Q1	us-gaap	Financing Receivable Nonaccrual Interest Income FinancingReceivableNonaccrualInterestIncome	0	usd
CY2024Q1	us-gaap	Financing Receivable Nonaccrual Interest Income FinancingReceivableNonaccrualInterestIncome	0	usd
CY2024Q1	us-gaap	Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum	0.065	pure
CY2024Q1	us-gaap	Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets	0.08	pure
CY2024Q1	us-gaap	Capital Required To Be Well Capitalized To Risk Weighted Assets CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets	0.10	pure
CY2024Q1	us-gaap	Tier One Leverage Capital Required To Be Well Capitalized To Average Assets TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets	0.05	pure
CY2024Q1	us-gaap	Derivative Asset Statement Of Financial Position Extensible Enumeration DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	000-55756
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	81-3605835
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	4510 Lower Beckleysville Road, Suite H
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Hampstead
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	MD
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	21074
CY2024Q1	dei	City Area Code CityAreaCode	410
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	374-1510
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3116966
CY2024Q1	us-gaap	Cash And Due From Banks CashAndDueFromBanks	25375049	usd
CY2023Q4	us-gaap	Cash And Due From Banks CashAndDueFromBanks	44404473	usd
CY2024Q1	fmfg	Federal Funds Sold And Other Interest Bearing Deposits FederalFundsSoldAndOtherInterestBearingDeposits	258181	usd
CY2023Q4	fmfg	Federal Funds Sold And Other Interest Bearing Deposits FederalFundsSoldAndOtherInterestBearingDeposits	285864	usd
CY2024Q1	us-gaap	Cash Cash Equivalents And Federal Funds Sold CashCashEquivalentsAndFederalFundsSold	25633230	usd
CY2023Q4	us-gaap	Cash Cash Equivalents And Federal Funds Sold CashCashEquivalentsAndFederalFundsSold	44690337	usd
CY2024Q1	us-gaap	Time Deposits At Carrying Value TimeDepositsAtCarryingValue	100000	usd
CY2023Q4	us-gaap	Time Deposits At Carrying Value TimeDepositsAtCarryingValue	100000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	162126265	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	164084673	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	20198804	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	20163622	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	507743	usd
CY2023Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	507130	usd
CY2024Q1	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	920900	usd
CY2023Q4	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	863500	usd
CY2024Q1	us-gaap	Notes Receivable Net NotesReceivableNet	537080607	usd
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	523308044	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7282487	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6583452	usd
CY2024Q1	us-gaap	Interest Receivable InterestReceivable	2235859	usd
CY2023Q4	us-gaap	Interest Receivable InterestReceivable	2180734	usd
CY2024Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	8436251	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	8312482	usd
CY2024Q1	us-gaap	Other Real Estate OtherRealEstate	1242365	usd
CY2023Q4	us-gaap	Other Real Estate OtherRealEstate	1242365	usd
CY2024Q1	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	15021074	usd
CY2023Q4	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	14930754	usd
CY2024Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	7032342	usd
CY2023Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	7034424	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	6775313	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	5939309	usd
CY2024Q1	us-gaap	Assets Assets	794593240	usd
CY2023Q4	us-gaap	Assets Assets	799940826	usd
CY2024Q1	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	115416221	usd
CY2023Q4	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	115284706	usd
CY2024Q1	us-gaap	Interest Bearing Deposit Liabilities InterestBearingDepositLiabilities	540561366	usd
CY2023Q4	us-gaap	Interest Bearing Deposit Liabilities InterestBearingDepositLiabilities	565678145	usd
CY2024Q1	us-gaap	Deposits Deposits	655977587	usd
CY2023Q4	us-gaap	Deposits Deposits	680962851	usd
CY2024Q1	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	5600380	usd
CY2023Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	6760493	usd
CY2024Q1	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	5000000	usd
CY2023Q4	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	5000000	usd
CY2024Q1	us-gaap	Federal Funds Purchased FederalFundsPurchased	54000000	usd
CY2023Q4	us-gaap	Federal Funds Purchased FederalFundsPurchased	33000000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	12741562	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	13212378	usd
CY2024Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1404170	usd
CY2023Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1482773	usd
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	6792739	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	7344040	usd
CY2024Q1	us-gaap	Liabilities Liabilities	741516438	usd
CY2023Q4	us-gaap	Liabilities Liabilities	747762535	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	31170	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	31170	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	30402618	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	30398080	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	40653172	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	39433185	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-18010158	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-17684144	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	53076802	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	52178291	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	794593240	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	799940826	usd
CY2024Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	6881911	usd
CY2023Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	6045548	usd
CY2024Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	1579066	usd
CY2023Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	805707	usd
CY2024Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	136778	usd
CY2023Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	139844	usd
CY2024Q1	fmfg	Interest Income From Federal Fundss Old And Other Interest Earning Assets InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets	468307	usd
CY2023Q1	fmfg	Interest Income From Federal Fundss Old And Other Interest Earning Assets InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets	61430	usd
CY2024Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	9066062	usd
CY2023Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	7052529	usd
CY2024Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	3100926	usd
CY2023Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	1034851	usd
CY2024Q1	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	23009	usd
CY2023Q1	us-gaap	Interest Expense Securities Sold Under Agreements To Repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase	4338	usd
CY2024Q1	us-gaap	Interest Expense Loans From Other Federal Home Loan Banks InterestExpenseLoansFromOtherFederalHomeLoanBanks	12588	usd
CY2023Q1	us-gaap	Interest Expense Loans From Other Federal Home Loan Banks InterestExpenseLoansFromOtherFederalHomeLoanBanks	204447	usd
CY2024Q1	us-gaap	Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm	621683	usd
CY2023Q1	us-gaap	Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm	263	usd
CY2024Q1	us-gaap	Interest Expense Other Long Term Debt InterestExpenseOtherLongTermDebt	133600	usd
CY2023Q1	us-gaap	Interest Expense Other Long Term Debt InterestExpenseOtherLongTermDebt	151562	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	3891806	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	1395461	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	5174256	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	5657068	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-270000	usd
CY2024Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	5174256	usd
CY2023Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	5927068	usd
CY2024Q1	us-gaap	Fees And Commissions Mortgage Banking And Servicing FeesAndCommissionsMortgageBankingAndServicing	4951	usd
CY2023Q1	us-gaap	Fees And Commissions Mortgage Banking And Servicing FeesAndCommissionsMortgageBankingAndServicing	25293	usd
CY2024Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	90321	usd
CY2023Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	83105	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-3541	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	5767	usd
CY2024Q1	us-gaap	Gain On Business Interruption Insurance Recovery GainOnBusinessInterruptionInsuranceRecovery	142794	usd
CY2023Q1	us-gaap	Gain On Business Interruption Insurance Recovery GainOnBusinessInterruptionInsuranceRecovery	0	usd
CY2024Q1	us-gaap	Noninterest Income NoninterestIncome	504415	usd
CY2023Q1	us-gaap	Noninterest Income NoninterestIncome	382414	usd
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	1976187	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	1876444	usd
CY2024Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	606313	usd
CY2023Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	594057	usd
CY2024Q1	us-gaap	Occupancy Net OccupancyNet	246327	usd
CY2023Q1	us-gaap	Occupancy Net OccupancyNet	214116	usd
CY2024Q1	us-gaap	Equipment Expense EquipmentExpense	242421	usd
CY2023Q1	us-gaap	Equipment Expense EquipmentExpense	239727	usd
CY2024Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	1041219	usd
CY2023Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	833091	usd
CY2024Q1	us-gaap	Noninterest Expense NoninterestExpense	4112467	usd
CY2023Q1	us-gaap	Noninterest Expense NoninterestExpense	3757435	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1566204	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2552047	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	346217	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	651196	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1219987	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1900851	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.39
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.62
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.39
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.62
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1219987	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1900851	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax	-1574213	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax	2187186	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	-433185	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	601859	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-1141028	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1585327	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent	1124429	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent	-213521	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent	309415	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent	-58756	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	815014	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-154765	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-326014	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1430562	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	893973	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3331413	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	47774963	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1900851	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1430562	usd
CY2023Q1	fmfg	Adjustments Related To Capital Dividends Reinvested Adjustment AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment	-7843	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	50757141	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	52178291	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1219987	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4538	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-326014	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	53076802	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1219987	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1900851	usd
CY2024Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	130019	usd
CY2023Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	127908	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-270000	usd
CY2024Q1	fmfg	Rightofuse Asset Amortization RightofuseAssetAmortization	659	usd
CY2023Q1	fmfg	Rightofuse Asset Amortization RightofuseAssetAmortization	-927	usd
CY2024Q1	fmfg	Equity Security Dividends Reinvested EquitySecurityDividendsReinvested	4153	usd
CY2023Q1	fmfg	Equity Security Dividends Reinvested EquitySecurityDividendsReinvested	2900	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-3541	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	5767	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-0	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	9000	usd
CY2024Q1	us-gaap	Gain On Business Interruption Insurance Recovery GainOnBusinessInterruptionInsuranceRecovery	142794	usd
CY2023Q1	us-gaap	Gain On Business Interruption Insurance Recovery GainOnBusinessInterruptionInsuranceRecovery	-0	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-11529	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	34113	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4538	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1406	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1406	usd
CY2024Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	236259	usd
CY2023Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	808	usd
CY2024Q1	fmfg	Increase Decrease In Bank Owned Life Insurance Cash Surrender Value IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue	90320	usd
CY2023Q1	fmfg	Increase Decrease In Bank Owned Life Insurance Cash Surrender Value IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue	83105	usd
CY2024Q1	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	-16793	usd
CY2023Q1	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	-12202	usd
CY2024Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-78603	usd
CY2023Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	371097	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-276084	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-249840	usd
CY2024Q1	fmfg	Increase Decrease In Mortgage Loans Heldforsale Excluding Collection Of Mortgage Loans Heldforsale IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale	-0	usd
CY2023Q1	fmfg	Increase Decrease In Mortgage Loans Heldforsale Excluding Collection Of Mortgage Loans Heldforsale IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale	-428355	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	55125	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-76470	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-12733	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	86736	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	484281	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2150689	usd
CY2024Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	3854141	usd
CY2023Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	2615824	usd
CY2024Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	3269141	usd
CY2023Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	-0	usd
CY2024Q1	fmfg	Payments For Proceeds From Loans Made To Customers Net Of Principal Collected PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected	13779297	usd
CY2023Q1	fmfg	Payments For Proceeds From Loans Made To Customers Net Of Principal Collected PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected	4020500	usd
CY2024Q1	us-gaap	Payments For Proceeds From Federal Home Loan Bank Stock PaymentsForProceedsFromFederalHomeLoanBankStock	57400	usd
CY2023Q1	us-gaap	Payments For Proceeds From Federal Home Loan Bank Stock PaymentsForProceedsFromFederalHomeLoanBankStock	-425000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	9000	usd
CY2024Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	142794	usd
CY2023Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	usd
CY2024Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	816971	usd
CY2023Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	27243	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-13925874	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-997919	usd
CY2024Q1	us-gaap	Net Change Noninterest Bearing Deposits Domestic NetChangeNoninterestBearingDepositsDomestic	131515	usd
CY2023Q1	us-gaap	Net Change Noninterest Bearing Deposits Domestic NetChangeNoninterestBearingDepositsDomestic	647093	usd
CY2024Q1	us-gaap	Net Change Interest Bearing Deposits Domestic NetChangeInterestBearingDepositsDomestic	-25114694	usd
CY2023Q1	us-gaap	Net Change Interest Bearing Deposits Domestic NetChangeInterestBearingDepositsDomestic	13081095	usd
CY2024Q1	us-gaap	Proceeds From Payments For In Securities Sold Under Agreements To Repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase	-1160113	usd
CY2023Q1	us-gaap	Proceeds From Payments For In Securities Sold Under Agreements To Repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase	-2098076	usd
CY2024Q1	fmfg	Proceeds From Payments For Federal Home Loan Bank Advances ProceedsFromPaymentsForFederalHomeLoanBankAdvances	0	usd
CY2023Q1	fmfg	Proceeds From Payments For Federal Home Loan Bank Advances ProceedsFromPaymentsForFederalHomeLoanBankAdvances	-10000000	usd
CY2024Q1	fmfg	Proceeds From Federal Reserve Bank Advances ProceedsFromFederalReserveBankAdvances	21000000	usd
CY2023Q1	fmfg	Proceeds From Federal Reserve Bank Advances ProceedsFromFederalReserveBankAdvances	0	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	472222	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	472222	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	-0	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	7843	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5615514	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1150047	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-19057107	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	2302817	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	44690337	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	7263537	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	25633230	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	9566354	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	3969006	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	1051398	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Gain Loss DebtSecuritiesAvailableForSaleUnrealizedGainLoss	-1574213	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Unrealized Gain Loss DebtSecuritiesAvailableForSaleUnrealizedGainLoss	2187186	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	704577	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	186489041	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	575223	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	24937999	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	162126265	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	0	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss	162126265	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	186873236	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	1026783	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	23815346	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	164084673	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	0	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss	164084673	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss DebtSecuritiesHeldToMaturityAllowanceForCreditLoss	35627	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss DebtSecuritiesHeldToMaturityAllowanceForCreditLoss	0	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Credit Loss Expense Reversal DebtSecuritiesHeldToMaturityCreditLossExpenseReversal	-3957	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Credit Loss Expense Reversal DebtSecuritiesHeldToMaturityCreditLossExpenseReversal	8602	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss DebtSecuritiesHeldToMaturityAllowanceForCreditLoss	31670	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss DebtSecuritiesHeldToMaturityAllowanceForCreditLoss	60592	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	407633	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	418549	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	101327	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	121670	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	1759510	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	1716188	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	230000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Fair Value HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	229273	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	772467	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	731005	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	668760	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	653885	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	7311988	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	6185290	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	5889453	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	5637026	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	0	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	0	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	13442261	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After Ten Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	12455238	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	9843965	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate	8632483	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	20230474	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue	18975422	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost	176645076	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	153493782	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	0	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	0	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	186489041	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	162126265	usd
CY2024Q1	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	20230474	usd
CY2024Q1	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	18975422	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	24860342	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	545806	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	110058580	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	24392193	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	134918922	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4285247	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	450000	usd
CY2023Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	2943174	usd
CY2023Q4	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	525223326	usd
CY2024Q1	fmfg	Purchased Loans Accretable Yield Accretion PurchasedLoansAccretableYieldAccretion	75378	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	24937999	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	24428114	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	440507	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	113785103	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	23374839	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	138213217	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	23815346	usd
CY2024Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	541954860	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	528166500	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4317837	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4285247	usd
CY2024Q1	us-gaap	Financing Receivable Deferred Income FinancingReceivableDeferredIncome	556416	usd
CY2023Q4	us-gaap	Financing Receivable Deferred Income FinancingReceivableDeferredIncome	573209	usd
CY2024Q1	us-gaap	Notes Receivable Net NotesReceivableNet	537080607	usd
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	523308044	usd
CY2024Q1	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	0	usd
CY2024Q1	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	655410	usd
CY2023Q4	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	0	usd
CY2023Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	655410	usd
CY2024Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	541954860	usd
CY2024Q1	us-gaap	Financing Receivable Recorded Investment90 Days Past Due And Still Accruing FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing	0	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	528166500	usd
CY2023Q4	us-gaap	Financing Receivable Recorded Investment90 Days Past Due And Still Accruing FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing	0	usd
CY2023Q4	fmfg	Purchased Loans Accretable Yield PurchasedLoansAccretableYield	539338	usd
CY2024Q1	us-gaap	Financing Receivable Accrued Interest After Allowance For Credit Loss FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss	1621151	usd
CY2023Q4	us-gaap	Financing Receivable Accrued Interest After Allowance For Credit Loss FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss	1539332	usd
CY2024Q1	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	13519146	usd
CY2024Q1	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	48333657	usd
CY2024Q1	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	106450226	usd
CY2024Q1	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	72079664	usd
CY2024Q1	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	29812303	usd
CY2024Q1	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	243579839	usd
CY2024Q1	us-gaap	Financing Receivable Revolving FinancingReceivableRevolving	28180025	usd
CY2024Q1	us-gaap	Financing Receivable Revolving Converted To Term Loan FinancingReceivableRevolvingConvertedToTermLoan	0	usd
CY2024Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	541954860	usd
CY2023Q4	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	48084876	usd
CY2023Q4	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	107173742	usd
CY2023Q4	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	72737773	usd
CY2023Q4	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	29206581	usd
CY2023Q4	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	42674240	usd
CY2023Q4	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	204781877	usd
CY2023Q4	us-gaap	Financing Receivable Revolving FinancingReceivableRevolving	23507411	usd
CY2023Q4	us-gaap	Financing Receivable Revolving Converted To Term Loan FinancingReceivableRevolvingConvertedToTermLoan	0	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	528166500	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4285247	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	1163	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	6000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4317837	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	475000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	3842837	usd
CY2024Q1	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	539013928	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4150198	usd
CY2023Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-270000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	-0	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	375098	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4589232	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	281910	usd
CY2023Q1	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	655410	usd
CY2023Q1	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	524851322	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4150198	usd
CY2023	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-699557	usd
CY2023	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	-0	usd
CY2023	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	398973	usd
CY2024Q1	fmfg	Purchased Loans Accretable Yield PurchasedLoansAccretableYield	463960	usd
CY2023Q1	fmfg	Purchased Loans Accretable Yield Accretion PurchasedLoansAccretableYieldAccretion	112233	usd
CY2024Q1	fmfg	Loans Acquired Accretable Yield LoansAcquiredAccretableYield	437936	usd
CY2024Q1	fmfg	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Amortization CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAmortization	71151	usd
CY2023Q1	fmfg	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Amortization CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAmortization	105939	usd
CY2024Q1	fmfg	Loans Acquired Outstanding Balance LoansAcquiredOutstandingBalance	72259692	usd
CY2024Q1	fmfg	Loans Acquired Carrying Amount Net LoansAcquiredCarryingAmountNet	72233668	usd
CY2023Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	227643	usd
CY2022Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	0	usd
CY2024Q1	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	-23796	usd
CY2023Q1	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	-8602	usd
CY2024Q1	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	203847	usd
CY2023Q1	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	76471	usd
CY2023Q4	fmfg	Financing Receivable Allowance For Credit Loss Including Unfunded Commitments FinancingReceivableAllowanceForCreditLossIncludingUnfundedCommitments	4548517	usd
CY2024Q1	fmfg	Provision For Loan Lease And Other Losses Including Unfunded Commitments ProvisionForLoanLeaseAndOtherLossesIncludingUnfundedCommitments	0	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	1163	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	6000	usd
CY2024Q1	fmfg	Financing Receivable Allowance For Credit Loss Including Unfunded Commitments FinancingReceivableAllowanceForCreditLossIncludingUnfundedCommitments	4553354	usd
CY2022Q4	fmfg	Financing Receivable Allowance For Credit Loss Including Unfunded Commitments FinancingReceivableAllowanceForCreditLossIncludingUnfundedCommitments	4150198	usd
CY2023Q1	fmfg	Provision For Loan Lease And Other Losses Including Unfunded Commitments ProvisionForLoanLeaseAndOtherLossesIncludingUnfundedCommitments	-282559	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	-0	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	375098	usd
CY2023Q1	fmfg	Financing Receivable Allowance For Credit Loss Including Unfunded Commitments FinancingReceivableAllowanceForCreditLossIncludingUnfundedCommitments	4713736	usd
CY2022Q4	us-gaap	Goodwill Goodwill	6978208	usd
CY2022Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	7042752	usd
CY2023Q1	fmfg	Intangible Assets Net Including Goodwill Amortization And Impairment IntangibleAssetsNetIncludingGoodwillAmortizationAndImpairment	2082	usd
CY2023Q1	us-gaap	Goodwill Goodwill	6978208	usd
CY2023Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	7040670	usd
CY2023Q4	us-gaap	Goodwill Goodwill	6978208	usd
CY2023Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	7034424	usd
CY2024Q1	fmfg	Intangible Assets Net Including Goodwill Amortization And Impairment IntangibleAssetsNetIncludingGoodwillAmortizationAndImpairment	2082	usd
CY2024Q1	us-gaap	Goodwill Goodwill	6978208	usd
CY2024Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	7032342	usd
CY2024Q1	us-gaap	Capital Capital	80699000	usd
CY2024Q1	us-gaap	Capital To Risk Weighted Assets CapitalToRiskWeightedAssets	0.1322	pure
CY2024Q1	fmfg	Banking Regulation Total Riskbased Capital Capital Adequacy Minimum Including Capital Conservation Buffer BankingRegulationTotalRiskbasedCapitalCapitalAdequacyMinimumIncludingCapitalConservationBuffer	64108000	usd
CY2024Q1	fmfg	Banking Regulation Total Riskbased Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTotalRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.105	pure
CY2024Q1	us-gaap	Capital Required To Be Well Capitalized CapitalRequiredToBeWellCapitalized	61055000	usd
CY2024Q1	us-gaap	Capital Required To Be Well Capitalized To Risk Weighted Assets CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets	0.10	pure
CY2024Q1	us-gaap	Tier One Risk Based Capital TierOneRiskBasedCapital	76146000	usd
CY2024Q1	us-gaap	Tier One Risk Based Capital To Risk Weighted Assets TierOneRiskBasedCapitalToRiskWeightedAssets	0.1247	pure
CY2024Q1	fmfg	Banking Regulation Tier One Riskbased Capital Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer	51897000	usd
CY2024Q1	fmfg	Banking Regulation Tier One Riskbased Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.085	pure
CY2024Q1	us-gaap	Tier One Risk Based Capital Required To Be Well Capitalized TierOneRiskBasedCapitalRequiredToBeWellCapitalized	48844000	usd
CY2024Q1	us-gaap	Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets	0.08	pure
CY2024Q1	us-gaap	Common Equity Tier One Capital CommonEquityTierOneCapital	76146000	usd
CY2024Q1	us-gaap	Common Equity Tier One Capital Ratio CommonEquityTierOneCapitalRatio	0.1247	pure
CY2024Q1	fmfg	Banking Regulation Common Equity Tier One Riskbased Capital Capital Adequacy Minimum Including Conversion Buffer BankingRegulationCommonEquityTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer	42739000	usd
CY2024Q1	fmfg	Banking Regulation Common Equity Tier One Riskbased Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationCommonEquityTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.07	pure
CY2024Q1	us-gaap	Common Equity Tier One Capital Required To Be Well Capitalized CommonEquityTierOneCapitalRequiredToBeWellCapitalized	39686000	usd
CY2024Q1	us-gaap	Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum	0.065	pure
CY2024Q1	us-gaap	Tier One Leverage Capital TierOneLeverageCapital	76146000	usd
CY2024Q1	us-gaap	Tier One Leverage Capital To Average Assets TierOneLeverageCapitalToAverageAssets	0.0931	pure
CY2024Q1	fmfg	Banking Regulation Tier One Leverage Capital Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneLeverageCapitalCapitalAdequacyMinimumIncludingConversionBuffer	32730000	usd
CY2024Q1	fmfg	Banking Regulation Tier One Leverage Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneLeverageCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.04	pure
CY2024Q1	us-gaap	Tier One Leverage Capital Required To Be Well Capitalized TierOneLeverageCapitalRequiredToBeWellCapitalized	40913000	usd
CY2024Q1	us-gaap	Tier One Leverage Capital Required To Be Well Capitalized To Average Assets TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets	0.05	pure
CY2023Q4	us-gaap	Capital Capital	79988000	usd
CY2023Q4	us-gaap	Capital To Risk Weighted Assets CapitalToRiskWeightedAssets	0.1345	pure
CY2023Q4	fmfg	Banking Regulation Total Riskbased Capital Capital Adequacy Minimum Including Capital Conservation Buffer BankingRegulationTotalRiskbasedCapitalCapitalAdequacyMinimumIncludingCapitalConservationBuffer	62437000	usd
CY2023Q4	fmfg	Banking Regulation Total Riskbased Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTotalRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.105	pure
CY2023Q4	us-gaap	Capital Required To Be Well Capitalized CapitalRequiredToBeWellCapitalized	59464000	usd
CY2023Q4	us-gaap	Capital Required To Be Well Capitalized To Risk Weighted Assets CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets	0.10	pure
CY2023Q4	us-gaap	Tier One Risk Based Capital TierOneRiskBasedCapital	75440000	usd
CY2023Q4	us-gaap	Tier One Risk Based Capital To Risk Weighted Assets TierOneRiskBasedCapitalToRiskWeightedAssets	0.1269	pure
CY2023Q4	fmfg	Banking Regulation Tier One Riskbased Capital Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer	50544000	usd
CY2023Q4	fmfg	Banking Regulation Tier One Riskbased Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.085	pure
CY2023Q4	us-gaap	Tier One Risk Based Capital Required To Be Well Capitalized TierOneRiskBasedCapitalRequiredToBeWellCapitalized	47571000	usd
CY2023Q4	us-gaap	Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets	0.08	pure
CY2023Q4	us-gaap	Common Equity Tier One Capital CommonEquityTierOneCapital	75440000	usd
CY2023Q4	us-gaap	Common Equity Tier One Capital Ratio CommonEquityTierOneCapitalRatio	0.1269	pure
CY2023Q4	fmfg	Banking Regulation Common Equity Tier One Riskbased Capital Capital Adequacy Minimum Including Conversion Buffer BankingRegulationCommonEquityTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer	41625000	usd
CY2023Q4	fmfg	Banking Regulation Common Equity Tier One Riskbased Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationCommonEquityTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.07	pure
CY2023Q4	us-gaap	Common Equity Tier One Capital Required To Be Well Capitalized CommonEquityTierOneCapitalRequiredToBeWellCapitalized	38651000	usd
CY2023Q4	us-gaap	Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum	0.065	pure
CY2023Q4	us-gaap	Tier One Leverage Capital TierOneLeverageCapital	75440000	usd
CY2023Q4	us-gaap	Tier One Leverage Capital To Average Assets TierOneLeverageCapitalToAverageAssets	0.0942	pure
CY2023Q4	fmfg	Banking Regulation Tier One Leverage Capital Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneLeverageCapitalCapitalAdequacyMinimumIncludingConversionBuffer	32051000	usd
CY2023Q4	fmfg	Banking Regulation Tier One Leverage Capital Ratio Capital Adequacy Minimum Including Conversion Buffer BankingRegulationTierOneLeverageCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer	0.04	pure
CY2023Q4	us-gaap	Tier One Leverage Capital Required To Be Well Capitalized TierOneLeverageCapitalRequiredToBeWellCapitalized	40063000	usd
CY2023Q4	us-gaap	Tier One Leverage Capital Required To Be Well Capitalized To Average Assets TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets	0.05	pure
CY2024Q1	us-gaap	Derivative Assets DerivativeAssets	69127662	usd
CY2024Q1	us-gaap	Hedged Asset Fair Value Hedge Cumulative Increase Decrease HedgedAssetFairValueHedgeCumulativeIncreaseDecrease	-439097	usd
CY2023Q4	us-gaap	Derivative Assets DerivativeAssets	69920575	usd
CY2023Q4	us-gaap	Hedged Asset Fair Value Hedge Cumulative Increase Decrease HedgedAssetFairValueHedgeCumulativeIncreaseDecrease	-1609248	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1219987	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1900851	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3116966
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3071214
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	206
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3117172
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3071214
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.39
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.62
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.39
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.62
CY2024Q1	us-gaap	Other Postretirement Benefit Expense OtherPostretirementBenefitExpense	1976	usd
CY2023Q1	us-gaap	Other Postretirement Benefit Expense OtherPostretirementBenefitExpense	1834	usd
CY2024Q1	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	5600380	usd
CY2023Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	6760493	usd

Files In Submission

Name	View Source	Status
0001437749-24-016592-index-headers.html	Edgar Link	pending
0001437749-24-016592-index.html	Edgar Link	pending
0001437749-24-016592.txt	Edgar Link	pending
0001437749-24-016592-xbrl.zip	Edgar Link	pending
ex_669614.htm	Edgar Link	pending
ex_669615.htm	Edgar Link	pending
ex_669616.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
fmfg-20240331.xsd	Edgar Link	pending
fmfg20240331_10q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
fmfg-20240331_lab.xml	Edgar Link	unprocessable
fmfg20240331_10q_htm.xml	Edgar Link	completed
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
fmfg-20240331_pre.xml	Edgar Link	unprocessable
fmfg-20240331_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
fmfg-20240331_def.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$FMFG
Farmers & Merchants Bancshares, Inc. Stock $fmfg

2024 Q2 Form 10-Q Financial Statement

#000143774924016592 Filed on May 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FMFG Farmers & Merchants Bancshares, Inc. Stock $fmfg

2024 Q2 Form 10-Q Financial Statement

#000143774924016592 Filed on May 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FMFG
Farmers & Merchants Bancshares, Inc. Stock $fmfg