Item 4.01. Changes in Registrant's Certifying Accountant.

On July 6, 2021, Farmers and Merchants Bancshares, Inc. (the "Company") was notified by Rowles & Company, LLP ("Rowles"), the Company's independent registered public accounting firm, that, effective July 1, 2021, substantially all partners and employees of Rowles joined Yount, Hyde and Barbour, LLP. As a result, effective July 6, 2021, Rowles resigned as the Company's independent registered public accounting firm.

The reports of Rowles on the Company's consolidated financial statements as of and for the years ended December 31, 2020 and 2019 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.

During the years ended December 31, 2020 and 2019 and the subsequent period from December 31, 2020 through July 6, 2021, the Company did not have any disagreements with Rowles on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Rowles, would have caused Rowles to make reference thereto in its reports on the Company's consolidated financial statements for such years.

During the years ended December 31, 2020 and 2019 and the subsequent period from December 31, 2020 through July 6, 2021, the Company did not have any "reportable events" as described in Item 304 (a)(1)(v) of Regulation S-K promulgated by the Securities and Exchange Commission (the "SEC").

The Company provided Rowles with a copy of the above disclosure and requested that Rowles furnish the Company with a letter addressed to the SEC stating whether Rowles agrees with such disclosure and, if not, the respects in which it does not agree. The letter of Rowles to the SEC, dated July 8, 2021, is filed as Exhibit 16.1 hereto.




Item 9.01.     Financial Statements and Exhibits.



(d)     Exhibits.

The exhibits filed or furnished with this report are listed in the following Exhibit Index:





Exhibit No.   Description

16.1            Letter from Rowles & Company, LLP dated July 8, 2021 (filed herewith)

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