Farmers and Merchants Bancshares is a small community bank holding company based in Carroll County and Baltimore County, Maryland. Its operating subsidiary, Farmers and Merchants Bank, was chartered in 1919 and serves individuals, small and medium-sized businesses, and agricultural customers across seven full-service branches in the suburban communities north of Baltimore, including Reisterstown, Hampstead, Westminster, and Eldersburg. The bank had roughly $872M in total assets, $720.5M in deposits, and $633.1M in net loans at year-end 2025. The bank offers standard consumer and commercial banking products, including checking and savings accounts, CDs, residential mortgages, home equity lines, commercial real estate loans, construction loans, and SBA and USDA-guaranteed loans. Like most community banks, Farmers and Merchants earns the bulk of its income through net interest income — the spread between what it earns on loans and investments and what it pays on deposits. Loans make up roughly 73% of total assets, with an investment portfolio of mortgage-backed securities and municipal bonds comprising another 16%. The bank's competitive positioning centers on local relationships and direct borrower knowledge, which it argues supports credit quality and differentiates it from larger regional and national banks operating in the same market.