<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
<!--Generated by ThunderDome XBRL - 03:21PM UTC 2026-08-11--><xsd:schema xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:country="http://xbrl.sec.gov/country/2026" xmlns:currency="http://xbrl.sec.gov/currency/2026" xmlns:dei="http://xbrl.sec.gov/dei/2026" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2020-01-21" xmlns:ecd="http://xbrl.sec.gov/ecd/2026" xmlns:enum2="http://xbrl.org/2020/extensible-enumerations-2.0" xmlns:exch="http://xbrl.sec.gov/exch/2026" xmlns:fmfg="http://www.fmb.com/20260630" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:naics="http://xbrl.sec.gov/naics/2026" xmlns:sic="http://xbrl.sec.gov/sic/2026" xmlns:srt="http://fasb.org/srt/2026" xmlns:srt-types="http://fasb.org/srt-types/2026" xmlns:stpr="http://xbrl.sec.gov/stpr/2026" xmlns:us-gaap="http://fasb.org/us-gaap/2026" xmlns:us-types="http://fasb.org/us-types/2026" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.fmb.com/20260630">
  <xsd:import namespace="http://fasb.org/srt/2026" schemaLocation="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/ecd/2026" schemaLocation="https://xbrl.sec.gov/ecd/2026/ecd-2026.xsd"/>
  <xsd:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/dei/2026" schemaLocation="https://xbrl.sec.gov/dei/2026/dei-2026.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/exch/2026" schemaLocation="https://xbrl.sec.gov/exch/2026/exch-2026.xsd"/>
  <xsd:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/currency/2026" schemaLocation="https://xbrl.sec.gov/currency/2026/currency-2026.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/country/2026" schemaLocation="https://xbrl.sec.gov/country/2026/country-2026.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/naics/2026" schemaLocation="https://xbrl.sec.gov/naics/2026/naics-2026.xsd"/>
  <xsd:import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd"/>
  <xsd:import namespace="http://xbrl.org/2020/extensible-enumerations-2.0" schemaLocation="https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/stpr/2026" schemaLocation="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd"/>
  <xsd:import namespace="http://xbrl.sec.gov/sic/2026" schemaLocation="https://xbrl.sec.gov/sic/2026/sic-2026.xsd"/>
  <xsd:import namespace="http://fasb.org/us-types/2026" schemaLocation="https://xbrl.fasb.org/us-gaap/2026/elts/us-types-2026.xsd"/>
  <xsd:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd"/>
  <xsd:import namespace="http://fasb.org/srt-types/2026" schemaLocation="https://xbrl.fasb.org/srt/2026/elts/srt-types-2026.xsd"/>
  <xsd:import namespace="http://fasb.org/us-gaap/2026" schemaLocation="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd"/>
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fmfg-20260630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fmfg-20260630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fmfg-20260630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fmfg-20260630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="statement-document-and-entity-information" roleURI="http://www.fmb.com/20260630/role/statement-document-and-entity-information">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">000 - Document - Document And Entity Information</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-consolidated-balance-sheets-current-period-unaudited" roleURI="http://www.fmb.com/20260630/role/statement-consolidated-balance-sheets-current-period-unaudited">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">001 - Statement - Consolidated Balance Sheets (Current Period Unaudited)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-consolidated-balance-sheets-current-period-unaudited-parentheticals" roleURI="http://www.fmb.com/20260630/role/statement-consolidated-balance-sheets-current-period-unaudited-parentheticals">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">002 - Statement - Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-consolidated-statements-of-income-unaudited" roleURI="http://www.fmb.com/20260630/role/statement-consolidated-statements-of-income-unaudited">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">003 - Statement - Consolidated Statements of Income (Unaudited)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-consolidated-statements-of-comprehensive-income-unaudited" roleURI="http://www.fmb.com/20260630/role/statement-consolidated-statements-of-comprehensive-income-unaudited">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">004 - Statement - Consolidated Statements of Comprehensive Income (Unaudited)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-consolidated-statements-of-changes-in-stockholders-equity-unaudited" roleURI="http://www.fmb.com/20260630/role/statement-consolidated-statements-of-changes-in-stockholders-equity-unaudited">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">005 - Statement - Consolidated Statements of Changes in Stockholders' Equity (Unaudited)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-consolidated-statements-of-changes-in-stockholders-equity-unaudited-parentheticals" roleURI="http://www.fmb.com/20260630/role/statement-consolidated-statements-of-changes-in-stockholders-equity-unaudited-parentheticals">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">006 - Statement - Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-consolidated-statements-of-cash-flows-unaudited" roleURI="http://www.fmb.com/20260630/role/statement-consolidated-statements-of-cash-flows-unaudited">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">007 - Statement - Consolidated Statements of Cash Flows (Unaudited)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-1-principles-of-consolidation" roleURI="http://www.fmb.com/20260630/role/statement-note-1-principles-of-consolidation">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">008 - Disclosure - Note 1 - Principles of Consolidation</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-2-basis-of-presentation" roleURI="http://www.fmb.com/20260630/role/statement-note-2-basis-of-presentation">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">009 - Disclosure - Note 2 - Basis of Presentation</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">010 - Disclosure - Note 3 - Investment Securities</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">011 - Disclosure - Note 4 - Loans and Allowance for Credit Losses</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-5-goodwill-and-other-intangibles" roleURI="http://www.fmb.com/20260630/role/statement-note-5-goodwill-and-other-intangibles">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">012 - Disclosure - Note 5 - Goodwill and Other Intangibles</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-6-capital-standards" roleURI="http://www.fmb.com/20260630/role/statement-note-6-capital-standards">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">013 - Disclosure - Note 6 - Capital Standards</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-7-derivative-financial-instruments" roleURI="http://www.fmb.com/20260630/role/statement-note-7-derivative-financial-instruments">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">014 - Disclosure - Note 7 - Derivative Financial Instruments</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-8-fair-value" roleURI="http://www.fmb.com/20260630/role/statement-note-8-fair-value">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">015 - Disclosure - Note 8 - Fair Value</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-9-earnings-per-share" roleURI="http://www.fmb.com/20260630/role/statement-note-9-earnings-per-share">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">016 - Disclosure - Note 9 - Earnings per Share</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-10-retirement-plans" roleURI="http://www.fmb.com/20260630/role/statement-note-10-retirement-plans">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">017 - Disclosure - Note 10 - Retirement Plans</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-11-borrowed-funds" roleURI="http://www.fmb.com/20260630/role/statement-note-11-borrowed-funds">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">018 - Disclosure - Note 11 - Borrowed Funds</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-12-stockbased-compensation" roleURI="http://www.fmb.com/20260630/role/statement-note-12-stockbased-compensation">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">019 - Disclosure - Note 12 - Stock-based Compensation</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995445 - Disclosure - Note 3 - Investment Securities (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995446 - Disclosure - Note 4 - Loans and Allowance for Credit Losses (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-5-goodwill-and-other-intangibles-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-5-goodwill-and-other-intangibles-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995447 - Disclosure - Note 5 - Goodwill and Other Intangibles (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-6-capital-standards-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-6-capital-standards-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995448 - Disclosure - Note 6 - Capital Standards (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-7-derivative-financial-instruments-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-7-derivative-financial-instruments-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995449 - Disclosure - Note 7 - Derivative Financial Instruments (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-8-fair-value-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-8-fair-value-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995450 - Disclosure - Note 8 - Fair Value (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-9-earnings-per-share-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-9-earnings-per-share-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995451 - Disclosure - Note 9 - Earnings per Share (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-11-borrowed-funds-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-11-borrowed-funds-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995452 - Disclosure - Note 11 - Borrowed Funds (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-12-stockbased-compensation-tables" roleURI="http://www.fmb.com/20260630/role/statement-note-12-stockbased-compensation-tables">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995453 - Disclosure - Note 12 - Stock-based Compensation (Tables)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-1-principles-of-consolidation-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-1-principles-of-consolidation-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995454 - Disclosure - Note 1 - Principles of Consolidation (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995455 - Disclosure - Note 3 - Investment Securities (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities-investments-in-debt-securities-details" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities-investments-in-debt-securities-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995456 - Disclosure - Note 3 - Investment Securities - Investments in Debt Securities (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities-rating-for-held-to-maturity-securities-details" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities-rating-for-held-to-maturity-securities-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995457 - Disclosure - Note 3 - Investment Securities - Rating for Held to Maturity Securities (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities-allowance-for-credit-loss-on-held-to-maturity-securities-details" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities-allowance-for-credit-loss-on-held-to-maturity-securities-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995458 - Disclosure - Note 3 - Investment Securities - Allowance for Credit Loss on Held to Maturity Securities (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities-contractual-maturities-details" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities-contractual-maturities-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995459 - Disclosure - Note 3 - Investment Securities - Contractual Maturities (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-3-investment-securities-gross-unrealized-losses-on-continuous-basis-for-investment-securities-details" roleURI="http://www.fmb.com/20260630/role/statement-note-3-investment-securities-gross-unrealized-losses-on-continuous-basis-for-investment-securities-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995460 - Disclosure - Note 3 - Investment Securities - Gross Unrealized Losses on Continuous Basis for Investment Securities (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995461 - Disclosure - Note 4 - Loans and Allowance for Credit Losses (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-major-categories-of-loans-details" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-major-categories-of-loans-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995462 - Disclosure - Note 4 - Loans and Allowance for Credit Losses - Major Categories of Loans (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-past-due-loans-details" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-past-due-loans-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995463 - Disclosure - Note 4 - Loans and Allowance for Credit Losses - Past Due Loans (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-loan-modifications-details" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-loan-modifications-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995464 - Disclosure - Note 4 - Loans and Allowance for Credit Losses - Loan Modifications (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-loans-by-credit-grade-details" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-loans-by-credit-grade-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995465 - Disclosure - Note 4 - Loans and Allowance for Credit Losses - Loans by Credit Grade (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995466 - Disclosure - Note 4 - Loans and Allowance for Credit Losses - Allowance for Loan Losses (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-amortizable-yield-premium-on-purchased-loans-details" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-amortizable-yield-premium-on-purchased-loans-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995467 - Disclosure - Note 4 - Loans and Allowance for Credit Losses - Amortizable Yield Premium on Purchased Loans (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-details" roleURI="http://www.fmb.com/20260630/role/statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995468 - Disclosure - Note 4 - Loans and Allowance for Credit Losses - Components of Allowance for Credit Losses (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-5-goodwill-and-other-intangibles-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-5-goodwill-and-other-intangibles-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995469 - Disclosure - Note 5 - Goodwill and Other Intangibles (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-5-goodwill-and-other-intangibles-changes-in-goodwill-and-other-intangibles-details" roleURI="http://www.fmb.com/20260630/role/statement-note-5-goodwill-and-other-intangibles-changes-in-goodwill-and-other-intangibles-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995470 - Disclosure - Note 5 - Goodwill and Other Intangibles - Changes in Goodwill and Other Intangibles (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-6-capital-standards-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-6-capital-standards-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995471 - Disclosure - Note 6 - Capital Standards (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-6-capital-standards-capital-requirements-details" roleURI="http://www.fmb.com/20260630/role/statement-note-6-capital-standards-capital-requirements-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995472 - Disclosure - Note 6 - Capital Standards - Capital Requirements (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-7-derivative-financial-instruments-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-7-derivative-financial-instruments-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995473 - Disclosure - Note 7 - Derivative Financial Instruments (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-7-derivative-financial-instruments-schedule-of-derivative-instruments-details" roleURI="http://www.fmb.com/20260630/role/statement-note-7-derivative-financial-instruments-schedule-of-derivative-instruments-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995474 - Disclosure - Note 7 - Derivative Financial Instruments - Schedule of Derivative Instruments (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-7-derivative-financial-instruments-derivative-instruments-gain-loss-details" roleURI="http://www.fmb.com/20260630/role/statement-note-7-derivative-financial-instruments-derivative-instruments-gain-loss-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995475 - Disclosure - Note 7 - Derivative Financial Instruments - Derivative Instruments, Gain (Loss) (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-8-fair-value-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-8-fair-value-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995476 - Disclosure - Note 8 - Fair Value (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-8-fair-value-summarizes-financial-assets-measured-at-fair-value-details" roleURI="http://www.fmb.com/20260630/role/statement-note-8-fair-value-summarizes-financial-assets-measured-at-fair-value-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995477 - Disclosure - Note 8 - Fair Value - Summarizes Financial Assets Measured at Fair Value (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-8-fair-value-assets-measured-on-a-nonrecurring-basis-details" roleURI="http://www.fmb.com/20260630/role/statement-note-8-fair-value-assets-measured-on-a-nonrecurring-basis-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995478 - Disclosure - Note 8 - Fair Value - Assets Measured on a Nonrecurring Basis (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-8-fair-value-estimated-fair-value-of-financial-instruments-details" roleURI="http://www.fmb.com/20260630/role/statement-note-8-fair-value-estimated-fair-value-of-financial-instruments-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995479 - Disclosure - Note 8 - Fair Value - Estimated Fair Value of Financial Instruments (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-9-earnings-per-share-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-9-earnings-per-share-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995480 - Disclosure - Note 9 - Earnings per Share (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-9-earnings-per-share-schedule-of-earnings-per-share-details" roleURI="http://www.fmb.com/20260630/role/statement-note-9-earnings-per-share-schedule-of-earnings-per-share-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995481 - Disclosure - Note 9 - Earnings per Share - Schedule of Earnings per Share (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-10-retirement-plans-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-10-retirement-plans-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995482 - Disclosure - Note 10 - Retirement Plans (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-11-borrowed-funds-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-11-borrowed-funds-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995483 - Disclosure - Note 11 - Borrowed Funds (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-11-borrowed-funds-borrowed-funds-details" roleURI="http://www.fmb.com/20260630/role/statement-note-11-borrowed-funds-borrowed-funds-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995484 - Disclosure - Note 11 - Borrowed Funds - Borrowed Funds (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-12-stockbased-compensation-details-textual" roleURI="http://www.fmb.com/20260630/role/statement-note-12-stockbased-compensation-details-textual">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995485 - Disclosure - Note 12 - Stock-based Compensation (Details Textual)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
      <link:roleType id="statement-note-12-stockbased-compensation-summary-of-restricted-stock-unit-activity-details" roleURI="http://www.fmb.com/20260630/role/statement-note-12-stockbased-compensation-summary-of-restricted-stock-unit-activity-details">
        <link:definition xmlns="http://www.xbrl.org/2003/linkbase">995486 - Disclosure - Note 12 - Stock-based Compensation - Summary of Restricted Stock Unit Activity (Details)</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
  <xsd:element id="fmfg_AccruedInterestPayableFairValueDisclosure" name="AccruedInterestPayableFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_AccruedInterestReceivableFairValueDisclosure" name="AccruedInterestReceivableFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment" name="AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_AmortizableYieldPremiumOnPurchasedLoansTableTextBlock" name="AmortizableYieldPremiumOnPurchasedLoansTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_AmortizationOfDebtIssuanceCostsNet" name="AmortizationOfDebtIssuanceCostsNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_AutomatedTellerMachineAndDebitCardExpense" name="AutomatedTellerMachineAndDebitCardExpense" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_BankingRegulationCommonEquityTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer" name="BankingRegulationCommonEquityTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_BankingRegulationCommonEquityTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" name="BankingRegulationCommonEquityTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_BankingRegulationTierOneLeverageCapitalCapitalAdequacyMinimumIncludingConversionBuffer" name="BankingRegulationTierOneLeverageCapitalCapitalAdequacyMinimumIncludingConversionBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_BankingRegulationTierOneLeverageCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" name="BankingRegulationTierOneLeverageCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_BankingRegulationTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer" name="BankingRegulationTierOneRiskbasedCapitalCapitalAdequacyMinimumIncludingConversionBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_BankingRegulationTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" name="BankingRegulationTierOneRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_BankingRegulationTotalRiskbasedCapitalCapitalAdequacyMinimumIncludingCapitalConservationBuffer" name="BankingRegulationTotalRiskbasedCapitalCapitalAdequacyMinimumIncludingCapitalConservationBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_BankingRegulationTotalRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" name="BankingRegulationTotalRiskbasedCapitalRatioCapitalAdequacyMinimumIncludingConversionBuffer" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_CertificatesOfDepositInOtherBanksFairValueDisclosure" name="CertificatesOfDepositInOtherBanksFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="fmfg_CommercialBanksMember" name="CommercialBanksMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_ComponentsOfAllowanceForCreditLossesTableTextBlock" name="ComponentsOfAllowanceForCreditLossesTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_ConstructionAndLandDevelopmentMember" name="ConstructionAndLandDevelopmentMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_DebtInstrumentsBorrowingCapacityPercentage" name="DebtInstrumentsBorrowingCapacityPercentage" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_DebtSecuritiesAvailableforSaleExcludingAccruedInterestNet" name="DebtSecuritiesAvailableforSaleExcludingAccruedInterestNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="fmfg_DocumentAndEntityInformation" name="DocumentAndEntityInformation" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_EquitySecurityDividendsReinvested" name="EquitySecurityDividendsReinvested" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_ExpectedSalesCostsToAppraisedValuePercentage" name="ExpectedSalesCostsToAppraisedValuePercentage" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_FederalReserveBankAdvancesFacilityOneMember" name="FederalReserveBankAdvancesFacilityOneMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_FinancingReceivableAllowanceForCreditLossIncludingUnfundedCommitments" name="FinancingReceivableAllowanceForCreditLossIncludingUnfundedCommitments" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_FiniteLivedIntangibleAssetExpectedAmortizationYearNine" name="FiniteLivedIntangibleAssetExpectedAmortizationYearNine" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_FiniteLivedIntangibleAssetExpectedAmortizationYearSeven" name="FiniteLivedIntangibleAssetExpectedAmortizationYearSeven" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_FiniteLivedIntangibleAssetExpectedAmortizationYearSix" name="FiniteLivedIntangibleAssetExpectedAmortizationYearSix" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_FinitelivedIntangibleAssetExpectedAmortizationYearEight" name="FinitelivedIntangibleAssetExpectedAmortizationYearEight" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_FinitelivedIntangibleAssetExpectedAmortizationYearTen" name="FinitelivedIntangibleAssetExpectedAmortizationYearTen" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="fmfg_FirstCommunityBankersInsuranceCoLLCMember" name="FirstCommunityBankersInsuranceCoLLCMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_ForeclosureOfLoanReceivable" name="ForeclosureOfLoanReceivable" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_GovernmentDepositsAndSecuritiesSoldUnderRepurchaseAgreementMember" name="GovernmentDepositsAndSecuritiesSoldUnderRepurchaseAgreementMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_ImpairedLoansMember" name="ImpairedLoansMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue" name="IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale" name="IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_IntangibleAssetsNetIncludingGoodwillAmortizationAndImpairment" name="IntangibleAssetsNetIncludingGoodwillAmortizationAndImpairment" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_InterestBearingDepositsFairValueDisclosure" name="InterestBearingDepositsFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets" name="InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_LongTermDebtMaturitiesRepaymentsOfPrincipalInTenYears" name="LongTermDebtMaturitiesRepaymentsOfPrincipalInTenYears" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_LongtermDebtPrincipalPaymentNet" name="LongtermDebtPrincipalPaymentNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_NoninterestBearingDepositsFairValueDisclosure" name="NoninterestBearingDepositsFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="fmfg_NotRatedMember" name="NotRatedMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_NoteToFinancialStatementDetailsTextual" name="NoteToFinancialStatementDetailsTextual" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_NotesToFinancialStatements" name="NotesToFinancialStatements" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_NotesToFinancialStatementsAbstract" name="NotesToFinancialStatementsAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_OtherRealEstateOwnedFairValueDisclosure" name="OtherRealEstateOwnedFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="fmfg_OtherRealEstateOwnedMember" name="OtherRealEstateOwnedMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_OtherRealEstateOwnedNet" name="OtherRealEstateOwnedNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected" name="PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_PercentageOfOwnership" name="PercentageOfOwnership" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_PledgedCommercialLoanMember" name="PledgedCommercialLoanMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_PledgedSinglefamilyResidentialLoansMember" name="PledgedSinglefamilyResidentialLoansMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_PostageDeliveryAndArmoredCarrierExpense" name="PostageDeliveryAndArmoredCarrierExpense" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_ProceedsFromPaymentsForFederalHomeLoanBankAdvances" name="ProceedsFromPaymentsForFederalHomeLoanBankAdvances" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_ProfitSharingPlanMember" name="ProfitSharingPlanMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_ProvisionForLoanLeaseAndOtherLossesIncludingUnfundedCommitments" name="ProvisionForLoanLeaseAndOtherLossesIncludingUnfundedCommitments" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_PurchasedLoansAccretableYieldAccretion" name="PurchasedLoansAccretableYieldAccretion" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_PurchasedLoansAmortizableYield" name="PurchasedLoansAmortizableYield" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="fmfg_RightofuseAssetAmortization" name="RightofuseAssetAmortization" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_SBAPoolsMember" name="SBAPoolsMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_The2023EquityCompensationPlanMember" name="The2023EquityCompensationPlanMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_UnfundedLoanCommitmentsMember" name="UnfundedLoanCommitmentsMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="fmfg_WriteDownOfOtherRealEstateOwned" name="WriteDownOfOtherRealEstateOwned" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-11-borrowed-funds-borrowed-funds-details" name="statement-statement-note-11-borrowed-funds-borrowed-funds-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-11-borrowed-funds-tables" name="statement-statement-note-11-borrowed-funds-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-12-stockbased-compensation-summary-of-restricted-stock-unit-activity-details" name="statement-statement-note-12-stockbased-compensation-summary-of-restricted-stock-unit-activity-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-12-stockbased-compensation-tables" name="statement-statement-note-12-stockbased-compensation-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-allowance-for-credit-loss-on-held-to-maturity-securities-details" name="statement-statement-note-3-investment-securities-allowance-for-credit-loss-on-held-to-maturity-securities-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-contractual-maturities-details" name="statement-statement-note-3-investment-securities-contractual-maturities-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-gross-unrealized-losses-on-continuous-basis-for-investment-securities-details" name="statement-statement-note-3-investment-securities-gross-unrealized-losses-on-continuous-basis-for-investment-securities-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-gross-unrealized-losses-on-continuous-basis-for-investment-securities-details380F0EA7-77A8-4990-89FC-02563C1B9A5E" name="statement-statement-note-3-investment-securities-gross-unrealized-losses-on-continuous-basis-for-investment-securities-details380F0EA7-77A8-4990-89FC-02563C1B9A5E" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-investments-in-debt-securities-details" name="statement-statement-note-3-investment-securities-investments-in-debt-securities-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-investments-in-debt-securities-detailsC64A62B6-DCF4-47C3-9FC3-D76524A946BD" name="statement-statement-note-3-investment-securities-investments-in-debt-securities-detailsC64A62B6-DCF4-47C3-9FC3-D76524A946BD" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-rating-for-held-to-maturity-securities-details" name="statement-statement-note-3-investment-securities-rating-for-held-to-maturity-securities-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-3-investment-securities-tables" name="statement-statement-note-3-investment-securities-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details0BCDA387-5EB8-45CB-831B-08DB41376019" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details0BCDA387-5EB8-45CB-831B-08DB41376019" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details21FAE75B-0508-47C9-9D5E-1A463569AA2A" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-allowance-for-loan-losses-details21FAE75B-0508-47C9-9D5E-1A463569AA2A" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-amortizable-yield-premium-on-purchased-loans-details" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-amortizable-yield-premium-on-purchased-loans-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-amortizable-yield-premium-on-purchased-loans-detailsA8803220-B8A5-4297-8F10-E8EA5047760F" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-amortizable-yield-premium-on-purchased-loans-detailsA8803220-B8A5-4297-8F10-E8EA5047760F" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-details" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-details9829C39E-D05E-45C2-8B1B-6B0A7C03566F" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-details9829C39E-D05E-45C2-8B1B-6B0A7C03566F" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-detailsDD4C14B9-E94C-4405-B74B-A3F4B100B020" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-detailsDD4C14B9-E94C-4405-B74B-A3F4B100B020" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-detailsDF862023-BB75-4D11-A42B-21208609C707" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-components-of-allowance-for-credit-losses-detailsDF862023-BB75-4D11-A42B-21208609C707" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-loan-modifications-details" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-loan-modifications-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-loans-by-credit-grade-details" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-loans-by-credit-grade-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-loans-by-credit-grade-details80668D19-5440-453C-82E7-1F03A268CA48" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-loans-by-credit-grade-details80668D19-5440-453C-82E7-1F03A268CA48" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-major-categories-of-loans-details" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-major-categories-of-loans-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-past-due-loans-details" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-past-due-loans-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-4-loans-and-allowance-for-credit-losses-tables" name="statement-statement-note-4-loans-and-allowance-for-credit-losses-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-5-goodwill-and-other-intangibles-changes-in-goodwill-and-other-intangibles-details" name="statement-statement-note-5-goodwill-and-other-intangibles-changes-in-goodwill-and-other-intangibles-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-5-goodwill-and-other-intangibles-tables" name="statement-statement-note-5-goodwill-and-other-intangibles-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-6-capital-standards-capital-requirements-details" name="statement-statement-note-6-capital-standards-capital-requirements-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-6-capital-standards-capital-requirements-details6DF939A7-D9F7-405E-8C25-7777DCFBB557" name="statement-statement-note-6-capital-standards-capital-requirements-details6DF939A7-D9F7-405E-8C25-7777DCFBB557" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-6-capital-standards-tables" name="statement-statement-note-6-capital-standards-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-7-derivative-financial-instruments-derivative-instruments-gain-loss-details" name="statement-statement-note-7-derivative-financial-instruments-derivative-instruments-gain-loss-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-7-derivative-financial-instruments-schedule-of-derivative-instruments-details" name="statement-statement-note-7-derivative-financial-instruments-schedule-of-derivative-instruments-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-7-derivative-financial-instruments-schedule-of-derivative-instruments-details2615A60C-89E0-4BE9-82A4-449B117CBAEA" name="statement-statement-note-7-derivative-financial-instruments-schedule-of-derivative-instruments-details2615A60C-89E0-4BE9-82A4-449B117CBAEA" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-7-derivative-financial-instruments-tables" name="statement-statement-note-7-derivative-financial-instruments-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-8-fair-value-assets-measured-on-a-nonrecurring-basis-details" name="statement-statement-note-8-fair-value-assets-measured-on-a-nonrecurring-basis-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-8-fair-value-assets-measured-on-a-nonrecurring-basis-detailsC29EE6E3-9BEC-46DF-B082-28D7930FAF97" name="statement-statement-note-8-fair-value-assets-measured-on-a-nonrecurring-basis-detailsC29EE6E3-9BEC-46DF-B082-28D7930FAF97" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-8-fair-value-estimated-fair-value-of-financial-instruments-details" name="statement-statement-note-8-fair-value-estimated-fair-value-of-financial-instruments-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-8-fair-value-summarizes-financial-assets-measured-at-fair-value-details" name="statement-statement-note-8-fair-value-summarizes-financial-assets-measured-at-fair-value-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-8-fair-value-summarizes-financial-assets-measured-at-fair-value-detailsEA001690-54A1-40CC-82B9-42AA386F0741" name="statement-statement-note-8-fair-value-summarizes-financial-assets-measured-at-fair-value-detailsEA001690-54A1-40CC-82B9-42AA386F0741" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-8-fair-value-tables" name="statement-statement-note-8-fair-value-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-9-earnings-per-share-schedule-of-earnings-per-share-details" name="statement-statement-note-9-earnings-per-share-schedule-of-earnings-per-share-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="fmfg_statement-statement-note-9-earnings-per-share-tables" name="statement-statement-note-9-earnings-per-share-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
</xsd:schema>
