FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
CURRENT REPORT
Pursuant to Section 13 of 15(d)
of the Securities and Exchange Act of 1934
_______________________
Date of Report: January 10, 1997
F & M BANCORPORATION, INC.
(Exact name of registrant as specified in its charter)
Wisconsin 0-14553 39-1365327
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification No.)
incorporation)
ONE BANK AVENUE, KAUKAUNA, WISCONSIN 54130
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(414) 766-1717
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Item 2. Acquisition or Disposition of Assets
On January 10, 1997, F&M Bancorporation, Inc. ("F&M")
consummated its previously announced acquisition of East Troy
Bancshares, Inc. ("ETB"). F&M acquired ETB pursuant to a Plan
and Agreement of Merger and Reorganization dated as of August 20,
1996 (the "Agreement"). Under the Agreement, ETB was merged into
a wholly-owned subsidiary of F&M (the "Merger"). In the Merger,
F&M issued an aggregate of 439,993 shares of F&M Common Stock,
$1.00 par value ("F&M Common"), in a per share conversion ratio
determined pursuant to a formula set forth in the Agreement.
The acquisition transaction was negotiated at arm's length
between F&M and the directors of ETB (none of whom were or are
affiliated with F&M, its affiliates, its directors and officers
and their associates). F&M is accounting for the Merger using
the pooling of interests method of accounting.
ETB was a holding company owning all of the outstanding
shares of State Bank of East Troy, a Wisconsin state bank with
one full service office in East Troy, Wisconsin. Because of the
relative sizes of F&M and ETB, F&M is not required to provide
historical financial statements of ETB, or pro forma financial
information of F&M reflecting the Merger.
Item 7. Financial Statements and Exhibits
(a) and (b) Financial statement filing requirements are not
applicable because ETB does not meet the significance tests, as
compared to F&M, which would require historical financial
information of ETB or pro forma financial information of F&M in
this Report.
(c) Exhibits See the Exhibit Index, immediately following
the signature page to this Report, which Exhibit Index is
incorporated herein by reference.
SIGNATURES
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 hereunto duly authorized.
Date: January 21, 1997 /s/ Daniel E. Voet
Daniel E. Voet
Chief Financial Officer
and Treasurer
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F&M BANCORPORATION, INC.
EXHIBIT INDEX
to
FORM 8-K CURRENT REPORT
Dated as of January 10, 1997
Exhibit Incorporated by Filed
Number Description Reference To Herewith
2.1 Plan and Agreement of Exhibit 10.14
Merger and Reorgan- to F&M's
ization dated as of Registration
August 20, 1996 by and Statement on
among F&M, F&M Merger Form S-4 (No.
Corporation and ETB 333-13312)
