We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of PSB Holding Corp. (“PSB Holding” or the “Company”) (OTC: PSBP) in connection with the proposed merger of the Company with Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF).  Under the merger agreement, the Company’s shareholders will receive 1.2347 shares of Summit’s common stock for each PSB Holding share, representing implied per-share consideration of $33.51 based upon Summit’s ’s December 9, 2022 closing price of $27.14.

Weiss Law is investigating whether (i) PSB Holding’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates PSB Holding’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.