FARMERS & MERCHANTS BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK
401k plan membership statisitcs for SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK
| Measure | Date | Value |
|---|
| 2023 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| 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 | $3,502,091 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,395,595 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,319,548 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,645,367 |
| Value of total assets at end of year | 2023-12-31 | $12,563,871 |
| Value of total assets at beginning of year | 2023-12-31 | $10,457,375 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $76,047 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $95,606 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $95,606 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,123,733 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $43,608 |
| Other income not declared elsewhere | 2023-12-31 | $27 |
| Administrative expenses (other) incurred | 2023-12-31 | $450 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,106,496 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $12,563,871 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $10,457,375 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $28,298 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $3,510,336 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $3,000,458 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $9,053,535 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $7,456,917 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $464,905 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $1,296,186 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $478,026 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,319,548 |
| Contract administrator fees | 2023-12-31 | $47,299 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | YOUNT, HYDE & BARBOUR, P. C. |
| Accountancy firm EIN | 2023-12-31 | 541149263 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $3,502,091 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,395,595 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,319,548 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,645,367 |
| Value of total assets at end of year | 2023-01-01 | $12,563,871 |
| Value of total assets at beginning of year | 2023-01-01 | $10,457,375 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $76,047 |
| Total interest from all sources | 2023-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $95,606 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $95,606 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,123,733 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $43,608 |
| Other income not declared elsewhere | 2023-01-01 | $27 |
| Administrative expenses (other) incurred | 2023-01-01 | $450 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,106,496 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $12,563,871 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $10,457,375 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $28,298 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $3,510,336 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $3,000,458 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $9,053,535 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $7,456,917 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $464,905 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $1,296,186 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $478,026 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,319,548 |
| Contract administrator fees | 2023-01-01 | $47,299 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | YOUNT, HYDE & BARBOUR, P. C. |
| Accountancy firm EIN | 2023-01-01 | 541149263 |
| 2022 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-485,278 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,722,120 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,649,280 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,542,710 |
| Value of total assets at end of year | 2022-12-31 | $10,457,375 |
| Value of total assets at beginning of year | 2022-12-31 | $12,664,773 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $72,840 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $197,449 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $197,449 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,064,562 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $5,612 |
| Other income not declared elsewhere | 2022-12-31 | $161 |
| Administrative expenses (other) incurred | 2022-12-31 | $72,840 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-2,207,398 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,457,375 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $12,664,773 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,000,458 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $12,388,337 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $7,456,917 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $276,436 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,049,831 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-175,767 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $472,536 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,649,280 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | YOUNT, HYDE & BARBOUR, P. C. |
| Accountancy firm EIN | 2022-12-31 | 541149263 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-485,278 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,722,120 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,649,280 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,542,710 |
| Value of total assets at end of year | 2022-01-01 | $10,457,375 |
| Value of total assets at beginning of year | 2022-01-01 | $12,664,773 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $72,840 |
| Total interest from all sources | 2022-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $197,449 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $197,449 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,064,562 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $5,612 |
| Other income not declared elsewhere | 2022-01-01 | $161 |
| Administrative expenses (other) incurred | 2022-01-01 | $72,840 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-2,207,398 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $10,457,375 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $12,664,773 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $3,000,458 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $12,388,337 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $7,456,917 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $276,436 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,049,831 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $-175,767 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $472,536 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,649,280 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | YOUNT, HYDE & BARBOUR, P. C. |
| Accountancy firm EIN | 2022-01-01 | 541149263 |
| 2021 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $3,461,370 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,728,751 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,651,323 |
| Value of total corrective distributions | 2021-12-31 | $711 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,037,331 |
| Value of total assets at end of year | 2021-12-31 | $12,664,773 |
| Value of total assets at beginning of year | 2021-12-31 | $10,932,154 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $76,717 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $387,556 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $387,556 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $956,624 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $638,413 |
| Other income not declared elsewhere | 2021-12-31 | $302 |
| Administrative expenses (other) incurred | 2021-12-31 | $76,717 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,732,619 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $12,664,773 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,932,154 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $12,388,337 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $10,660,143 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $276,436 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $272,011 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,003,879 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $32,302 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $442,294 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,651,323 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | YOUNT, HYDE & BARBOUR, P. C. |
| Accountancy firm EIN | 2021-12-31 | 541149263 |
| 2020 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,664,055 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $795,859 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $762,387 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,346,256 |
| Value of total assets at end of year | 2020-12-31 | $10,932,154 |
| Value of total assets at beginning of year | 2020-12-31 | $9,063,958 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $33,472 |
| Total interest from all sources | 2020-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $221,063 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $221,063 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $578,848 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $477,890 |
| Other income not declared elsewhere | 2020-12-31 | $-1,756 |
| Administrative expenses (other) incurred | 2020-12-31 | $33,472 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,868,196 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $10,932,154 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $9,063,958 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $10,660,143 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $7,991,611 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $272,011 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $1,072,347 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,086,468 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $12,024 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $289,518 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $762,387 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | YOUNT, HYDE & BARBOUR, P. C. |
| Accountancy firm EIN | 2020-12-31 | 541149263 |
| 2019 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,612,273 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,612,273 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $2,198,972 |
| Total of all expenses incurred | 2019-12-31 | $2,198,972 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,179,324 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,179,324 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $953,502 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $953,502 |
| Value of total assets at end of year | 2019-12-31 | $9,063,958 |
| Value of total assets at end of year | 2019-12-31 | $9,063,958 |
| Value of total assets at beginning of year | 2019-12-31 | $8,650,657 |
| Value of total assets at beginning of year | 2019-12-31 | $8,650,657 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $19,648 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $19,648 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $305,735 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $305,735 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $305,735 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $305,735 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $614,426 |
| Contributions received from participants | 2019-12-31 | $614,426 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $50,884 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $50,884 |
| Administrative expenses (other) incurred | 2019-12-31 | $19,648 |
| Administrative expenses (other) incurred | 2019-12-31 | $19,648 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $413,301 |
| Value of net income/loss | 2019-12-31 | $413,301 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $9,063,958 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $9,063,958 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $8,650,657 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $8,650,657 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $7,991,611 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $7,991,611 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $7,613,815 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $7,613,815 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,072,347 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,072,347 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,036,842 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,036,842 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,170,399 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,170,399 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $182,637 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $182,637 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $288,192 |
| Contributions received in cash from employer | 2019-12-31 | $288,192 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,179,324 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,179,324 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | YOUNT, HYDE& BARBOUR, P.C. |
| Accountancy firm name | 2019-12-31 | YOUNT, HYDE& BARBOUR, P.C. |
| Accountancy firm EIN | 2019-12-31 | 541149263 |
| Accountancy firm EIN | 2019-12-31 | 541149263 |
| 2018 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $398,775 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,540,864 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,517,939 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $916,392 |
| Value of total assets at end of year | 2018-12-31 | $8,650,657 |
| Value of total assets at beginning of year | 2018-12-31 | $9,792,746 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $22,925 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $416,009 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $416,009 |
| Administrative expenses professional fees incurred | 2018-12-31 | $22,925 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $611,654 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $21,526 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,142,089 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $8,650,657 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $9,792,746 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $7,613,815 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $8,409,368 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $1,036,842 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $1,383,378 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-892,113 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-41,513 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $283,212 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,517,939 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | YOUNT, HYDE & BARBOUR,P.C. |
| Accountancy firm EIN | 2018-12-31 | 541149263 |
| 2017 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $2,160,953 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $212,164 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $194,627 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $885,280 |
| Value of total assets at end of year | 2017-12-31 | $9,792,746 |
| Value of total assets at beginning of year | 2017-12-31 | $7,843,957 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $17,537 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $381,021 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $381,021 |
| Administrative expenses professional fees incurred | 2017-12-31 | $4,264 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $584,064 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $38,921 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,948,789 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $9,792,746 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $7,843,957 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $13,273 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $8,409,368 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $6,580,004 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $1,383,378 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $1,263,706 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $247 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $247 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $867,544 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $27,108 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $262,295 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $194,627 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | YOUNT, HYDE & BARBOUR, P.C. |
| Accountancy firm EIN | 2017-12-31 | 541149263 |
| 2016 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,302,599 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $559,774 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $545,035 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $850,434 |
| Value of total assets at end of year | 2016-12-31 | $7,843,957 |
| Value of total assets at beginning of year | 2016-12-31 | $7,101,132 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $14,739 |
| Total interest from all sources | 2016-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $202,755 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $202,755 |
| Administrative expenses professional fees incurred | 2016-12-31 | $3,628 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $549,029 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $59,988 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $742,825 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $7,843,957 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $7,101,132 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $11,111 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $6,580,004 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $5,956,124 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $1,263,706 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $1,144,996 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $247 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $12 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $12 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $225,875 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $23,535 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $241,417 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $545,035 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | Yes |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | YOUNT, HYDE & BARBOUR, P.C. |
| Accountancy firm EIN | 2016-12-31 | 541149263 |
| 2015 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $689,615 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $329,236 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $310,676 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $700,353 |
| Value of total assets at end of year | 2015-12-31 | $7,101,132 |
| Value of total assets at beginning of year | 2015-12-31 | $6,740,753 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $18,560 |
| Total interest from all sources | 2015-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $56,546 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $56,546 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $473,205 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $16,059 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $360,379 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $7,101,132 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $6,740,753 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $14,982 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $5,956,124 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $6,386,435 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $1,144,996 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $354,308 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $12 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $10 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $10 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-75,534 |
| Net investment gain or loss from common/collective trusts | 2015-12-31 | $8,250 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $211,089 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $310,676 |
| Contract administrator fees | 2015-12-31 | $3,578 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | ELLIOTT DAVIS DECOSIMO, LLC |
| Accountancy firm EIN | 2015-12-31 | 570381582 |
| 2014 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $938,371 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $218,155 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $196,761 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $623,256 |
| Value of total assets at end of year | 2014-12-31 | $6,740,753 |
| Value of total assets at beginning of year | 2014-12-31 | $6,020,537 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $21,394 |
| Total interest from all sources | 2014-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $99,358 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $99,358 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $425,431 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $2,161 |
| Other income not declared elsewhere | 2014-12-31 | $288 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $720,216 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $6,740,753 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $6,020,537 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Investment advisory and management fees | 2014-12-31 | $11,329 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $6,386,435 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $5,684,638 |
| Value of interest in common/collective trusts at end of year | 2014-12-31 | $354,308 |
| Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $335,889 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $10 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $10 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $10 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $205,283 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $10,186 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $195,664 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $196,761 |
| Contract administrator fees | 2014-12-31 | $10,065 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | ELLIOTT DAVIS DECOSIMO, LLC |
| Accountancy firm EIN | 2014-12-31 | 540208040 |
| 2013 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,421,505 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $270,400 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $236,034 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $585,613 |
| Value of total assets at end of year | 2013-12-31 | $6,020,537 |
| Value of total assets at beginning of year | 2013-12-31 | $4,869,432 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $34,366 |
| Total interest from all sources | 2013-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $151,700 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $151,700 |
| Administrative expenses professional fees incurred | 2013-12-31 | $24,902 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $397,968 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $5,844 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $1,151,105 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $6,020,537 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $4,869,432 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Investment advisory and management fees | 2013-12-31 | $9,464 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $5,684,638 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $4,526,915 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $335,889 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $341,878 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $10 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $639 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $639 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $675,005 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $9,187 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $181,801 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $236,034 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | ELLIOTT DAVIS LLC |
| Accountancy firm EIN | 2013-12-31 | 540208040 |
| 2012 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $1,112,810 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $127,362 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $115,999 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $588,205 |
| Value of total assets at end of year | 2012-12-31 | $4,869,432 |
| Value of total assets at beginning of year | 2012-12-31 | $3,883,984 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $11,363 |
| Total interest from all sources | 2012-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $113,857 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $113,857 |
| Administrative expenses professional fees incurred | 2012-12-31 | $3,526 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $374,206 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $48,117 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $985,448 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $4,869,432 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $3,883,984 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $7,837 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $4,526,915 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $3,451,407 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $341,878 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $432,500 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $639 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $77 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $77 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $400,578 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $10,170 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $165,882 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $115,999 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | ELLIOTT DAVIS LLC |
| Accountancy firm EIN | 2012-12-31 | 540208040 |
| 2011 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $476,168 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $104,806 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $92,816 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $496,499 |
| Value of total assets at end of year | 2011-12-31 | $3,883,984 |
| Value of total assets at beginning of year | 2011-12-31 | $3,512,622 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $11,990 |
| Total interest from all sources | 2011-12-31 | $1 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $64,487 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $64,487 |
| Administrative expenses professional fees incurred | 2011-12-31 | $5,400 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $339,400 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $371,362 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $3,883,984 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $3,512,622 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $6,590 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $3,451,407 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $3,200,494 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $432,500 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $312,106 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $77 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $22 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $22 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $1 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-94,028 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $9,209 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $157,099 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $92,816 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | Yes |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | ELLIOTT DAVIS LLC |
| Accountancy firm EIN | 2011-12-31 | 540208040 |
| 2010 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $814,004 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $67,835 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $48,906 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $468,140 |
| Value of total assets at end of year | 2010-12-31 | $3,512,622 |
| Value of total assets at beginning of year | 2010-12-31 | $2,766,453 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $18,929 |
| Total interest from all sources | 2010-12-31 | $11 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $63,796 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $63,796 |
| Administrative expenses professional fees incurred | 2010-12-31 | $13,857 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $324,479 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $746,169 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $3,512,622 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,766,453 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $5,072 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $3,200,494 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $2,361,748 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $312,106 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $402,126 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $22 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $2,579 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $2,579 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $11 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $269,347 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $12,710 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $143,661 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $48,906 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | ELLIOTT DAVIS LLC |
| Accountancy firm EIN | 2010-12-31 | 540208040 |
| 2009 : SBA DEFINED CONTRIBUTION PLAN FOR FARMERS & MERCHANTS BANK 2009 401k financial data |
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| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |