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Exhibit 23.1
![logo01.jpg](https://capedge.com/proxy/10-K/0001437749-22-005951/logo01.jpg)
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in Amendment No. 1 to Registration Statement (No. 333-217918) on Form S-1 of Farmers and Merchants Bancshares, Inc. of our report dated March 11, 2022, relating to the consolidated financial statements of Farmers and Merchants Bancshares, Inc., appearing in this Annual Report on Form 10-K of Farmers & Merchants Bancshares, Inc. for the year ended December 31, 2021.
/s/ YOUNT, HYDE & BARBOUR, P.C.
Richmond, Virginia
March 11, 2022