SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) November 20, 1998
F&M BANCORP
(Exact name of registrant as specified in its charter)
Maryland 0-12638 52-1316473
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
110 Thomas Johnson Drive
Frederick, Maryland 21702
(Address of principal executive offices) (Zip Code)
(301) 694-4000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On November 20, 1998, F&M Bancorp and Monocacy Bancshares, Inc.
issued a joint press release announcing an anticipated closing date for
their planned merger. This press release is attached hereto as Exhibit 99.1
and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENT AND EXHIBITS.
(c) Exhibits
99.1 Press Release issued by F&M Bancorp and Monocacy
Bancshares, Inc. on November 20, 1998.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunder duly authorized.
Dated: November 20, 1998
F&M BANCORP
By: ____________________________
Name: Gordon M. Cooley
Title: Secretary and General Counsel
EXHIBIT INDEX
Exhibit
Number Description
99.1 Press Release issued by F&M Bancorp and Monocacy
Bancshares, Inc. on November 20, 1998
Exhibit 99.1
[F&M BANCORP LOGO]
F&M BANCORP SETS CLOSING DATE FOR MERGER
Frederick, MD, November 20, 1998 -- F&M Bancorp (NASDAQ:FMBN),
headquartered in Frederick, MD and Monocacy Bancshares, Inc. (MNOC),
headquartered in Taneytown, MD, announced that they intend to complete
their planned merger on November 30, 1998, assuming approval of the merger
by the stockholders of both companies at their respective meetings on
Tuesday November 24, 1998. Assuming a November 30 closing date, the
pricing period for determination of the exchange ratio pursuant to the
merger agreement would end at the close of business today, November 20,
1998. As previously reported, F&M Bancorp and Monocacy have received all
required regulatory approvals for the transaction.
