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THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameTHE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 003

THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Stock bonus
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

THE FARMERS AND MERCHANTS BANKSHARES, INCORPORATED has sponsored the creation of one or more 401k plans.

Company Name:THE FARMERS AND MERCHANTS BANKSHARES, INCORPORATED
Employer identification number (EIN):710600180
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about THE FARMERS AND MERCHANTS BANKSHARES, INCORPORATED

Jurisdiction of Incorporation: Arkansas Secretary of State
Incorporation Date:
Company Identification Number: 200000166

More information about THE FARMERS AND MERCHANTS BANKSHARES, INCORPORATED

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032022-01-01BRADLEY CHAMBLISS2023-08-31 BRADLEY CHAMBLISS2023-08-31
0032021-01-01BRADLEY CHAMBLESS2022-09-30 BRADLEY CHAMBLESS2022-09-30
0032020-01-01GARY HUDSON2021-10-08 GARY HUDSON2021-10-08
0032019-01-01GARY HUDSON2020-09-23 GARY HUDSON2020-09-23
0032018-01-01GARY HUDSON2019-10-10 GARY HUDSON2019-10-10
0032017-01-01
0032016-01-01
0032015-01-01
0032014-01-01
0032013-01-01
0032012-01-01GARY HUDSON GARY HUDSON2013-10-14
0032011-01-01GARY HUDSON GARY HUDSON2012-11-29
0032010-01-01GARY HUDSON
0032009-01-01GARY HUDSON

Plan Statistics for THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01325
Total number of active participants reported on line 7a of the Form 55002023-01-01242
Number of retired or separated participants receiving benefits2023-01-016
Number of other retired or separated participants entitled to future benefits2023-01-0150
Total of all active and inactive participants2023-01-01298
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01298
Number of participants with account balances2023-01-01296
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-0114
2022: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01329
Total number of active participants reported on line 7a of the Form 55002022-01-01245
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0157
Total of all active and inactive participants2022-01-01302
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01302
Number of participants with account balances2022-01-01299
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0115
2021: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01366
Total number of active participants reported on line 7a of the Form 55002021-01-01260
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0157
Total of all active and inactive participants2021-01-01317
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01317
Number of participants with account balances2021-01-01315
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0128
2020: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01367
Total number of active participants reported on line 7a of the Form 55002020-01-01291
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0151
Total of all active and inactive participants2020-01-01342
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01342
Number of participants with account balances2020-01-01339
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0115
2019: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01237
Total number of active participants reported on line 7a of the Form 55002019-01-01303
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0141
Total of all active and inactive participants2019-01-01344
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01344
Number of participants with account balances2019-01-01342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-017
2018: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01233
Total number of active participants reported on line 7a of the Form 55002018-01-01197
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0127
Total of all active and inactive participants2018-01-01224
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01224
Number of participants with account balances2018-01-01223
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-018
2017: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01233
Total number of active participants reported on line 7a of the Form 55002017-01-01188
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0125
Total of all active and inactive participants2017-01-01213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01213
Number of participants with account balances2017-01-01212
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-017
2016: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01255
Total number of active participants reported on line 7a of the Form 55002016-01-01192
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0130
Total of all active and inactive participants2016-01-01222
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01222
Number of participants with account balances2016-01-01221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-017
2015: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01167
Total number of active participants reported on line 7a of the Form 55002015-01-01134
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0127
Total of all active and inactive participants2015-01-01161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01161
Number of participants with account balances2015-01-01160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-014
2014: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01168
Total number of active participants reported on line 7a of the Form 55002014-01-01137
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0125
Total of all active and inactive participants2014-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01162
Number of participants with account balances2014-01-01161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-016
2013: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01162
Total number of active participants reported on line 7a of the Form 55002013-01-01134
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0125
Total of all active and inactive participants2013-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01159
Number of participants with account balances2013-01-01157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-018
2012: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01154
Total number of active participants reported on line 7a of the Form 55002012-01-01137
Number of retired or separated participants receiving benefits2012-01-013
Number of other retired or separated participants entitled to future benefits2012-01-0115
Total of all active and inactive participants2012-01-01155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01155
Number of participants with account balances2012-01-01155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-014
2011: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01210
Total number of active participants reported on line 7a of the Form 55002011-01-01138
Number of retired or separated participants receiving benefits2011-01-0110
Number of other retired or separated participants entitled to future benefits2011-01-0115
Total of all active and inactive participants2011-01-01163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01164
Number of participants with account balances2011-01-01164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014
2010: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01162
Total number of active participants reported on line 7a of the Form 55002010-01-01138
Number of retired or separated participants receiving benefits2010-01-013
Number of other retired or separated participants entitled to future benefits2010-01-0154
Total of all active and inactive participants2010-01-01195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-01196
Number of participants with account balances2010-01-01141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0113
2009: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01143
Total number of active participants reported on line 7a of the Form 55002009-01-01137
Number of retired or separated participants receiving benefits2009-01-0111
Number of other retired or separated participants entitled to future benefits2009-01-0113
Total of all active and inactive participants2009-01-01161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01162
Number of participants with account balances2009-01-01161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014

Financial Data on THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$346,653
Total unrealized appreciation/depreciation of assets2023-12-31$346,653
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$739,477
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$3,110,630
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$3,110,630
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$385,535
Value of total assets at end of year2023-12-31$11,108,962
Value of total assets at beginning of year2023-12-31$13,480,115
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$0
Total interest from all sources2023-12-31$6,965
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$324
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$8,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$24,999
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$6
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$-2,371,153
Value of net assets at end of year (total assets less liabilities)2023-12-31$11,108,962
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$13,480,115
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$1,347
Income. Interest from US Government securities2023-12-31$426
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$936
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$936
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$6,539
Asset value of US Government securities at end of year2023-12-31$8,065
Asset value of US Government securities at beginning of year2023-12-31$9,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$10,689,016
Assets. Invements in employer securities at beginning of year2023-12-31$12,913,975
Contributions received in cash from employer2023-12-31$385,535
Employer contributions (assets) at end of year2023-12-31$385,535
Employer contributions (assets) at beginning of year2023-12-31$556,198
Income. Dividends from common stock2023-12-31$324
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$3,110,630
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2023-12-31710603587
2022 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$650,195
Total unrealized appreciation/depreciation of assets2022-12-31$650,195
Total income from all sources (including contributions)2022-12-31$1,207,281
Total of all expenses incurred2022-12-31$2,128,081
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,128,081
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$556,198
Value of total assets at end of year2022-12-31$13,480,115
Value of total assets at beginning of year2022-12-31$14,400,915
Total interest from all sources2022-12-31$516
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$372
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$7,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$6
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$8
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-920,800
Value of net assets at end of year (total assets less liabilities)2022-12-31$13,480,115
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$14,400,915
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Income. Interest from US Government securities2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$936
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$201,107
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$201,107
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$516
Asset value of US Government securities at end of year2022-12-31$9,000
Asset value of US Government securities at beginning of year2022-12-31$13,079
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$12,913,975
Assets. Invements in employer securities at beginning of year2022-12-31$13,640,344
Contributions received in cash from employer2022-12-31$556,198
Employer contributions (assets) at end of year2022-12-31$556,198
Employer contributions (assets) at beginning of year2022-12-31$546,377
Income. Dividends from common stock2022-12-31$372
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,128,081
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2022-12-31710603587
2021 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$1,353,762
Total unrealized appreciation/depreciation of assets2021-12-31$1,353,762
Total income from all sources (including contributions)2021-12-31$1,902,353
Total of all expenses incurred2021-12-31$1,274,243
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,274,243
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$546,377
Value of total assets at end of year2021-12-31$14,400,915
Value of total assets at beginning of year2021-12-31$13,772,805
Total interest from all sources2021-12-31$1,428
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$786
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$7,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$8
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$12
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$628,110
Value of net assets at end of year (total assets less liabilities)2021-12-31$14,400,915
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$13,772,805
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Income. Interest from US Government securities2021-12-31$648
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$201,107
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$8,439
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$8,439
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$780
Asset value of US Government securities at end of year2021-12-31$13,079
Asset value of US Government securities at beginning of year2021-12-31$19,477
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$13,640,344
Assets. Invements in employer securities at beginning of year2021-12-31$13,343,817
Contributions received in cash from employer2021-12-31$546,377
Employer contributions (assets) at end of year2021-12-31$546,377
Employer contributions (assets) at beginning of year2021-12-31$401,060
Income. Dividends from common stock2021-12-31$786
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,274,243
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2021-12-31710603587
2020 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$620,427
Total unrealized appreciation/depreciation of assets2020-12-31$620,427
Total income from all sources (including contributions)2020-12-31$1,073,656
Total of all expenses incurred2020-12-31$1,245,545
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,245,545
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$451,061
Value of total assets at end of year2020-12-31$13,772,805
Value of total assets at beginning of year2020-12-31$13,944,694
Total interest from all sources2020-12-31$1,903
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$265
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$7,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$12
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$17
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-171,889
Value of net assets at end of year (total assets less liabilities)2020-12-31$13,772,805
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$13,944,694
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Income. Interest from US Government securities2020-12-31$928
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$8,439
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$78,697
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$78,697
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$975
Asset value of US Government securities at end of year2020-12-31$19,477
Asset value of US Government securities at beginning of year2020-12-31$22,773
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$13,343,817
Assets. Invements in employer securities at beginning of year2020-12-31$13,406,316
Contributions received in cash from employer2020-12-31$451,061
Employer contributions (assets) at end of year2020-12-31$401,060
Employer contributions (assets) at beginning of year2020-12-31$436,891
Income. Dividends from common stock2020-12-31$265
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,245,545
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2020-12-31710603587
2019 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$663,157
Total unrealized appreciation/depreciation of assets2019-12-31$663,157
Total income from all sources (including contributions)2019-12-31$1,204,192
Total of all expenses incurred2019-12-31$1,668,583
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,668,583
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$536,891
Value of total assets at end of year2019-12-31$13,944,694
Value of total assets at beginning of year2019-12-31$14,409,085
Total interest from all sources2019-12-31$3,505
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$639
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$7,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$17
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$20
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$-464,391
Value of net assets at end of year (total assets less liabilities)2019-12-31$13,944,694
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$14,409,085
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Income. Interest from US Government securities2019-12-31$1,237
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$78,697
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$224,609
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$224,609
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$2,268
Asset value of US Government securities at end of year2019-12-31$22,773
Asset value of US Government securities at beginning of year2019-12-31$26,015
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$13,406,316
Assets. Invements in employer securities at beginning of year2019-12-31$14,105,988
Contributions received in cash from employer2019-12-31$536,891
Employer contributions (assets) at end of year2019-12-31$436,891
Employer contributions (assets) at beginning of year2019-12-31$52,453
Income. Dividends from common stock2019-12-31$639
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,668,583
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2019-12-31710603587
2018 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$436,564
Total unrealized appreciation/depreciation of assets2018-12-31$436,564
Total income from all sources (including contributions)2018-12-31$892,947
Total of all expenses incurred2018-12-31$618,110
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$617,985
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$452,453
Value of total assets at end of year2018-12-31$14,409,085
Value of total assets at beginning of year2018-12-31$14,134,248
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$125
Total interest from all sources2018-12-31$2,860
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$656
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$125
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$7,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$20
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$26
Other income not declared elsewhere2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$274,837
Value of net assets at end of year (total assets less liabilities)2018-12-31$14,409,085
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$14,134,248
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$55,581
Income. Interest from US Government securities2018-12-31$1,341
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$224,609
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$16,849
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$16,849
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$1,519
Asset value of US Government securities at end of year2018-12-31$26,015
Asset value of US Government securities at beginning of year2018-12-31$33,824
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$414
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$14,105,988
Assets. Invements in employer securities at beginning of year2018-12-31$13,427,586
Contributions received in cash from employer2018-12-31$452,453
Employer contributions (assets) at end of year2018-12-31$52,453
Employer contributions (assets) at beginning of year2018-12-31$600,382
Income. Dividends from common stock2018-12-31$656
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$617,985
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2018-12-31710603587
2017 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$1,233,099
Total unrealized appreciation/depreciation of assets2017-12-31$1,233,099
Total income from all sources (including contributions)2017-12-31$1,843,497
Total of all expenses incurred2017-12-31$604,983
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$604,868
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$603,937
Value of total assets at end of year2017-12-31$14,134,248
Value of total assets at beginning of year2017-12-31$12,895,734
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$115
Total interest from all sources2017-12-31$4,308
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$726
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$115
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$7,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$26
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$34
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,238,514
Value of net assets at end of year (total assets less liabilities)2017-12-31$14,134,248
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$12,895,734
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$55,581
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$188,947
Income. Interest from US Government securities2017-12-31$1,741
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$16,849
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$502,266
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$502,266
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$2,567
Asset value of US Government securities at end of year2017-12-31$33,824
Asset value of US Government securities at beginning of year2017-12-31$45,182
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,427
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$13,427,586
Assets. Invements in employer securities at beginning of year2017-12-31$11,647,608
Contributions received in cash from employer2017-12-31$603,937
Employer contributions (assets) at end of year2017-12-31$600,382
Employer contributions (assets) at beginning of year2017-12-31$511,697
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$726
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$604,868
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2017-12-31710603587
2016 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$911,857
Total unrealized appreciation/depreciation of assets2016-12-31$911,857
Total income from all sources (including contributions)2016-12-31$1,430,004
Total of all expenses incurred2016-12-31$349,131
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$349,131
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$511,697
Value of total assets at end of year2016-12-31$12,895,734
Value of total assets at beginning of year2016-12-31$11,814,861
Total interest from all sources2016-12-31$5,748
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$200
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$34
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$42
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$17
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,080,873
Value of net assets at end of year (total assets less liabilities)2016-12-31$12,895,734
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$11,814,861
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$188,947
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$188,140
Income. Interest from US Government securities2016-12-31$2,337
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$502,266
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$291,365
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$291,365
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$3,411
Asset value of US Government securities at end of year2016-12-31$45,182
Asset value of US Government securities at beginning of year2016-12-31$56,359
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$502
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$11,647,608
Assets. Invements in employer securities at beginning of year2016-12-31$10,679,680
Contributions received in cash from employer2016-12-31$511,697
Employer contributions (assets) at end of year2016-12-31$511,697
Employer contributions (assets) at beginning of year2016-12-31$599,258
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$200
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$349,131
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2016-12-31710603587
2015 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$905,613
Total unrealized appreciation/depreciation of assets2015-12-31$905,613
Total income from all sources (including contributions)2015-12-31$1,511,976
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$184,057
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$184,057
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$599,258
Value of total assets at end of year2015-12-31$11,814,861
Value of total assets at beginning of year2015-12-31$10,486,942
Total interest from all sources2015-12-31$5,321
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$509
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$0
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$42
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$55
Other income not declared elsewhere2015-12-31$0
Total non interest bearing cash at end of year2015-12-31$17
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$1,327,919
Value of net assets at end of year (total assets less liabilities)2015-12-31$11,814,861
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$10,486,942
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$188,140
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$190,273
Income. Interest from US Government securities2015-12-31$2,931
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$291,365
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$389,619
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$389,619
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$2,390
Asset value of US Government securities at end of year2015-12-31$56,359
Asset value of US Government securities at beginning of year2015-12-31$73,548
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$1,275
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$10,679,680
Assets. Invements in employer securities at beginning of year2015-12-31$9,298,062
Contributions received in cash from employer2015-12-31$599,258
Employer contributions (assets) at end of year2015-12-31$599,258
Employer contributions (assets) at beginning of year2015-12-31$535,385
Income. Dividends from common stock2015-12-31$509
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$184,057
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$0
Aggregate carrying amount (costs) on sale of assets2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2015-12-31710603587
2014 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$634,113
Total unrealized appreciation/depreciation of assets2014-12-31$634,113
Total income from all sources (including contributions)2014-12-31$1,175,240
Total of all expenses incurred2014-12-31$280,562
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$280,562
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$535,385
Value of total assets at end of year2014-12-31$10,486,942
Value of total assets at beginning of year2014-12-31$9,592,264
Total interest from all sources2014-12-31$4,498
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$634
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$3,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$55
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$110
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$894,678
Value of net assets at end of year (total assets less liabilities)2014-12-31$10,486,942
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$9,592,264
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$190,273
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$680,568
Income. Interest from US Government securities2014-12-31$3,834
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$389,619
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$664
Asset value of US Government securities at end of year2014-12-31$73,548
Asset value of US Government securities at beginning of year2014-12-31$97,975
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$610
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$9,298,062
Assets. Invements in employer securities at beginning of year2014-12-31$8,225,010
Contributions received in cash from employer2014-12-31$535,385
Employer contributions (assets) at end of year2014-12-31$535,385
Employer contributions (assets) at beginning of year2014-12-31$588,601
Income. Dividends from common stock2014-12-31$634
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$280,562
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2014-12-31710603587
2013 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$256,292
Total unrealized appreciation/depreciation of assets2013-12-31$256,292
Total income from all sources (including contributions)2013-12-31$930,768
Total loss/gain on sale of assets2013-12-31$77,250
Total of all expenses incurred2013-12-31$766,988
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$762,473
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$584,821
Value of total assets at end of year2013-12-31$9,592,264
Value of total assets at beginning of year2013-12-31$9,428,484
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$4,515
Total interest from all sources2013-12-31$5,545
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$7,392
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$7,392
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$3,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$110
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$111
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$163,780
Value of net assets at end of year (total assets less liabilities)2013-12-31$9,592,264
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$9,428,484
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$4,515
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$680,568
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$815,038
Income. Interest from US Government securities2013-12-31$5,545
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$0
Asset value of US Government securities at end of year2013-12-31$97,975
Asset value of US Government securities at beginning of year2013-12-31$144,407
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$-532
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$8,225,010
Assets. Invements in employer securities at beginning of year2013-12-31$7,947,752
Contributions received in cash from employer2013-12-31$584,821
Employer contributions (assets) at end of year2013-12-31$588,601
Employer contributions (assets) at beginning of year2013-12-31$521,176
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$762,473
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$157,032
Aggregate carrying amount (costs) on sale of assets2013-12-31$79,782
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2013-12-31710603587
2012 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$634,998
Total unrealized appreciation/depreciation of assets2012-12-31$634,998
Total transfer of assets from this plan2012-12-31$4,954,421
Total income from all sources (including contributions)2012-12-31$1,606,079
Total of all expenses incurred2012-12-31$969,497
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$937,225
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$521,176
Value of total assets at end of year2012-12-31$9,428,484
Value of total assets at beginning of year2012-12-31$13,746,323
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$32,272
Total interest from all sources2012-12-31$12,172
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$39,001
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$39,001
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$4,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$111
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$10,584
Other income not declared elsewhere2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$636,582
Value of net assets at end of year (total assets less liabilities)2012-12-31$9,428,484
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$13,746,323
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$32,272
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$815,038
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$4,725,584
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$592,429
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$592,429
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$12,172
Asset value of US Government securities at end of year2012-12-31$144,407
Asset value of US Government securities at beginning of year2012-12-31$221,646
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$398,732
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$7,947,752
Assets. Invements in employer securities at beginning of year2012-12-31$7,471,250
Contributions received in cash from employer2012-12-31$521,176
Employer contributions (assets) at end of year2012-12-31$521,176
Employer contributions (assets) at beginning of year2012-12-31$724,830
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$937,225
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$0
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2012-12-31710603587
2011 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$155,394
Total unrealized appreciation/depreciation of assets2011-12-31$155,394
Total income from all sources (including contributions)2011-12-31$1,496,866
Total loss/gain on sale of assets2011-12-31$315,890
Total of all expenses incurred2011-12-31$798,583
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$774,711
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,125,436
Value of total assets at end of year2011-12-31$13,746,323
Value of total assets at beginning of year2011-12-31$13,048,040
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$23,872
Total interest from all sources2011-12-31$47,726
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$151,734
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$141,074
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$4,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$371,554
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$29,052
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$10,584
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$11,359
Administrative expenses (other) incurred2011-12-31$120
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$1,431
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$698,283
Value of net assets at end of year (total assets less liabilities)2011-12-31$13,746,323
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$13,048,040
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$23,752
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$4,725,584
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$10,967
Income. Interest from US Government securities2011-12-31$36,441
Income. Interest from corporate debt instruments2011-12-31$2,319
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$592,429
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,125,040
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,125,040
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$8,966
Asset value of US Government securities at end of year2011-12-31$221,646
Asset value of US Government securities at beginning of year2011-12-31$1,661,254
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-299,314
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$7,471,250
Assets. Invements in employer securities at beginning of year2011-12-31$6,987,948
Contributions received in cash from employer2011-12-31$724,830
Employer contributions (assets) at end of year2011-12-31$724,830
Employer contributions (assets) at beginning of year2011-12-31$678,611
Income. Dividends from common stock2011-12-31$10,660
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$774,711
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$263,919
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$2,307,511
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$4,550,715
Aggregate carrying amount (costs) on sale of assets2011-12-31$4,234,825
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2011-12-31710603587
2010 : THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$569,823
Total unrealized appreciation/depreciation of assets2010-12-31$569,823
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$8,569
Total income from all sources (including contributions)2010-12-31$1,934,577
Total loss/gain on sale of assets2010-12-31$172,123
Total of all expenses incurred2010-12-31$2,296,749
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,258,637
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,059,588
Value of total assets at end of year2010-12-31$13,048,040
Value of total assets at beginning of year2010-12-31$13,418,781
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$38,112
Total interest from all sources2010-12-31$86,903
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$45,437
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$588
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,800,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$380,977
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$11,359
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$11,603
Other income not declared elsewhere2010-12-31$183
Administrative expenses (other) incurred2010-12-31$1,745
Total non interest bearing cash at end of year2010-12-31$1,431
Total non interest bearing cash at beginning of year2010-12-31$1,095
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-362,172
Value of net assets at end of year (total assets less liabilities)2010-12-31$13,048,040
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$13,410,212
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$36,367
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$10,967
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$9,860
Income. Interest from US Government securities2010-12-31$70,635
Income. Interest from corporate debt instruments2010-12-31$4,863
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,125,040
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$2,108,603
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$2,108,603
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$11,405
Asset value of US Government securities at end of year2010-12-31$1,661,254
Asset value of US Government securities at beginning of year2010-12-31$1,638,817
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$520
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$6,987,948
Assets. Invements in employer securities at beginning of year2010-12-31$6,553,456
Contributions received in cash from employer2010-12-31$678,611
Employer contributions (assets) at end of year2010-12-31$678,611
Employer contributions (assets) at beginning of year2010-12-31$721,571
Income. Dividends from common stock2010-12-31$44,849
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,258,637
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$263,919
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$211,883
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$2,307,511
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$2,161,893
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$8,569
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$2,827,439
Aggregate carrying amount (costs) on sale of assets2010-12-31$2,655,316
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31ERWIN & COMPANY, P.A.
Accountancy firm EIN2010-12-31710603587

Form 5500 Responses for THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2023: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedYes
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE FARMERS AND MERCHANTS BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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