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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Sep. 18, 6:27 PM

Slide #89. Farmers and Merchants Bancshares, Inc. Carroll Bancorp

Acquirer: Farmers and Merchants Bancshares, Inc. (FMFG)
Acquiree: Carroll Bancorp
Details: Farmers and Merchants Bancshares, Inc. (the "Company" ), the parent company of Farmers and Merchants Bank ("F&M Bank" ), and Carroll Bancorp, Inc. ("Carroll"), the parent company of Carroll Community Bank ("Carroll Bank"), entered into an Agreement and Plan of Merger on March 6, 2020 (the "Merger Agreement"). Upon the completion of the transactions contemplated by the Merger Agreement, Carroll will be merged with and into the Company, with the Company as the surviving bank holding company, and Carroll Bank will be merged with and into F&M Bank, with F&M Bank as the surviving Maryland commercial bank.

  Farmers and Merchants Bancshares, Inc.: FMFG
  Carroll Bancorp: PRIVATE

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September 18, 2020    6:27 PM Eastern
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