Civista Bancshares Completes Merger with The Farmers Savings Bank

Civista Bancshares Acquires Vision Financial Group

September 30, 2022

Financial Services

Civista Bancshares, Inc. (NASDAQ: CIVB) signed a definitive agreement to acquire all outstanding shares of Pittsburgh-based Vision Financial Group, Inc., a privately held equipment leasing and finance company founded in 1991. Vision Financial Group will become a subsidiary of Civista Bank and continue operating under its name, with management and employees remaining in place; the deal consideration includes cash, Civista common stock and potential earn-out stock payments.

Citizens Financial Group Acquires Investors Bancorp

April 7, 2022

Financial Services

Citizens Financial Group, Inc. has completed its acquisition of Investors Bancorp, Inc., merging Investors and Investors Bank into Citizens and Citizens Bank, National Association respectively. The deal adds more than 200 branches and over 1,600 employees, strengthening Citizens' retail and commercial banking presence across the New York City and Philadelphia metropolitan areas and throughout New Jersey.

Fentura Financial Acquires Farmers State Bank of Munith

December 1, 2021

Financial Services

Fentura Financial, Inc., the holding company for The State Bank, completed its acquisition of Farmers State Bank of Munith, expanding The State Bank's branch network and market footprint. The transaction grows the combined company to roughly $1.4 billion in assets and increases branch offices to 20; Farmers' president Jeanne E. Richter will join The State Bank as a senior officer and systems integration is planned for Q1 2022.

Farmers & Merchants Bancorp Acquires Peoples-Sidney Financial Corporation

June 14, 2022

Financial Services

Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) has signed an agreement to acquire Peoples-Sidney Financial Corporation (Peoples) and its subsidiary Peoples Federal Savings and Loan Association in a stock-and-cash transaction valued at an implied aggregate of approximately $27.0 million. The deal expands F&M's community banking footprint into Sidney and Shelby County, Ohio; Peoples operates a main office in Sidney plus two branch offices and reported $132.7 million in total assets as of March 31, 2022.

Southern Missouri Bancorp Acquires Citizens Bancshares for $140M

September 20, 2022

Financial Services

Southern Missouri Bancorp Inc., the parent of Southern Bank, agreed to acquire Kansas City–based Citizens Bancshares Co. in a stock-and-cash transaction valued at approximately $140 million. The deal, unanimously approved by both boards, gives Citizens shareholders a choice of shares or $53.50 cash per share, will add 14 branches in Missouri and is expected to be accretive to Southern Missouri Bancorp's EPS over the following fiscal years, subject to customary approvals.

Farmers National Banc Corp. Acquires Crest Retirement Advisors LLC

December 16, 2024

Financial Services

Farmers National Banc Corp., through its subsidiary National Associates, Inc., completed the acquisition of Crest Retirement Advisors LLC on December 16, 2024. Crest will continue to operate from its Dublin, Ohio location and will merge with National Associates as part of Farmers' strategy to expand its wealth management and retirement plan administration capabilities in Central Ohio.