Farmers & Merchants Bancshares files 10-Q/A, adds SOX certifications; controls deemed effective

Farmers and Merchants Bancshares, Inc. (OTCMKTS: FMFG) - quick internal update and income-statement observations.

What's happening inside the company
- Filed Amendment No. 1 to its Form 10‑Q for the quarter ended March 31, 2025 to include Item 3 and Item 4 that were inadvertently omitted from the original filing.
- Filed new Sarbanes‑Oxley certifications (Exhibits 31.1, 31.2 and 32.1) with the amendment.
- Management's evaluation (PEO and PFO) concluded disclosure controls and procedures are effective at the reasonable‑assurance level as of March 31, 2025.
- Company reports no change during the quarter that has materially affected internal control over financial reporting.
- The amendment "speaks as of" the original report date (May 15, 2025); the company has not updated the disclosures to a later date in this filing.

Key facts & statistics (from the amendment)
- Amendment: Form 10‑Q/A (Amendment No. 1) for quarter ended March 31, 2025.
- SEC Commission file number: 000‑55756.
- Shares outstanding: 3,175,347 as of May 14, 2025.
- Company status: Smaller reporting company / Smaller reporting company checkbox marked.
- Exchange registration: No securities registered under Section 12(b) (i.e., not listed on a national exchange for Section 12(b) purposes).

Income statement - positive and negative aspects
- Positive: Management attests that disclosure controls and procedures were evaluated and found effective, which supports the reliability of future reported financial results (provided numbers are filed and accurate).
- Negative: The document supplied contains no income statement line items (revenues, net income, margins, provisions, etc.), so there are no facts here to confirm profitability, trends, or quarter‑to‑quarter performance.
- Negative: The need to file an amendment to add omitted items points to a prior process lapse in SEC reporting - a governance weakness until fully explained or resolved.
- Neutral/Watch: No reported material change to internal control during the period, but investors should confirm the actual financial figures in the original 10‑Q and related exhibits to assess earnings, loan performance, and provisions.

Straightforward takeaway
- The amendment fixes a disclosure omission and adds required officer certifications. That's procedurally positive, but the omission itself is a red flag on controls until the company provides clearer context and the underlying financial statements are reviewed.
- Investors should read the full amended 10‑Q (and its exhibits) to see the actual income statement, balance sheet and footnotes before making decisions; verify loan losses, net interest margin and non‑interest expense trends when the numerical data are present.

Suggested next steps: Review the full Form 10‑Q/A and Exhibits 31/32 on the SEC site, and check recent filings for any updates or corrections. For the company page, see FMFG: https://stockinvest.us/stock/FMFG.