Get a letter from Farmers Bank and watch what happens to the PPS ; we have already lost value and the vote hasn't even happened?
By increasing your available share pile all you do is dilute your value and possible limit the amount of payout on dividend which has already been cut drastically with all these add on companies (Ins. and Broker) from a few years ago ; but the exe. get bigger salaries and bonuses down the road.
Should you keep this a Ma / Pa Local bank or enter the big market place and deal with the overhead, and problems associated with that and the greed that naturally follows big business - it is up to your vote?
Think before you vote and get informed answers of the potential outcomes - IMHO!