Farmers & Merchants Bancshares, Inc. operates as a holding company for Farmers & Merchants Bank & Trust that provides various financial services in Lowa. The company provides checking, savings, and youth accounts; personal, mortgage, auto, boat, RV, business, operating, real estate, agriculture, farm machinery, livestock, and short-term loans; home equity and lines of credit; and debit and credit cards. It also provides wealth management services, such as trust, investment management, brokerage, financial planning, and rollover services. In addition, the company offers merchant, mobile deposit, payroll, notary, and automated clearing house services; and mobile and online banking, telephone banking, electronic statements, and bill pay services, as well as remote deposit capture services. The company was founded in 1916 and is based in Burlington, Iowa.