Peoples Financial Services Corp. (Nasdaq: PFIS) and FNCB Bancorp, Inc. (“FNCB”) (Nasdaq: FNCB) have received all necessary regulatory approvals to finalize their merger, previously outlined in their Agreement and Plan of Merger dated September 27, 2023. The all-stock transaction, valued at approximately $129.0 million, is slated for completion on July 1, 2024, and marks a […]
In a significant development within the banking sector of the Pacific Northwest, Gesa Credit Union, headquartered in Richland, Washington, has entered into a definitive agreement to acquire substantially all assets and liabilities of Security State Bank, a subsidiary of Security State Corporation based in Centralia, Washington. The transaction, expected to complete in 2025, is subject […]
West Coast Community Bancorp (OTCQX: “SCZC”), headquartered in Santa Cruz, California, and 1st Capital Bancorp (OTCQX: “FISB”), headquartered in Salinas, California, have announced a merger agreement valued at approximately $63 million. The all-stock transaction will see 1st Capital Bancorp merge into West Coast Community Bancorp, exchanging each FISB share for 0.36 SCZC shares, based on […]
Wintrust Financial Corporation (Nasdaq: WTFC) is set to acquire Macatawa Bank Corporation (Nasdaq: MCBC) in an all-stock transaction valued at approximately $510.3 million, or $14.85 per share, marking a strategic expansion into West Michigan’s banking sector. This merger will unite Wintrust’s broad network of community banking services with Macatawa’s strong local presence in Holland, Michigan, […]