F&M Bank has announced a board transition, welcoming Gregory R. Allen as a new director to its board.

F&M Bank reported GAAP EPS of $0.91 and revenue of $14.33 million, while Summit State Bank announced GAAP EPS of $0.25 and revenue of $10 million. Both banks released their latest financial results.

F&M Bank's 9th Annual Charity Golf Classic successfully raised $47,000, which will be distributed to local charities.

PC Connection declared a $0.20 dividend, and F&M Bank announced a $0.26 dividend for their shareholders.