F&M Bancorp. inked a definitive agreement last week to buy a $75 million-asset bank in southern Wisconsin.

F&M would pick up Citizens National Bank of Darlington through a stock swap. The deal, expected to close in the third quarter, would put F&M over the $1.3 billion-asset mark.

Over the past several years, F&M has used acquisitions to build a franchise in small to medium-size markets throughout the state.

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