Redemption Holding Company Acquires Holladay Bank and Trust

First Mid Bancshares Acquires Blackhawk Bancorp

March 21, 2023

Financial Services

First Mid Bancshares, Inc. will acquire 100% of Blackhawk Bancorp, Inc. in a stock-for-stock merger in which Blackhawk shareholders will receive 1.15 shares of First Mid common stock for each share of Blackhawk common stock (aggregate consideration of approximately $90.3 million based on First Mid's March 20, 2023 share price). The transaction expands First Mid's footprint with Blackhawk's 10 branches in Wisconsin and Illinois, is expected to close in the second half of 2023 subject to regulatory and shareholder approvals, and is projected to be accretive to EPS with significant cost savings and liquidity benefits.

The Marygold Companies Acquires 7.95% Stake in Midland Capital Holdings Corporation

October 24, 2024

Financial Services

The Marygold Companies, Inc. (NYSE American: MGLD) purchased a 7.95% ownership position in Delaware-based Midland Capital Holdings Corporation (MCHC) for $1.8 million, and also received warrants to buy additional shares. MCHC's principal operating entity is Midland Federal Savings and Loan Association, headquartered in Bridgeview, Illinois; Marygold says the investment supports its strategy of expanding in financial services/fintech and will help enhance the bank's offerings and technology.

Hope Bancorp Acquires Territorial Bancorp

April 2, 2025

Financial Services

Hope Bancorp, Inc. (the holding company of Bank of Hope) completed its merger with Territorial Bancorp, Inc., effective April 2, 2025. Territorial Savings will operate as a division of Bank of Hope and Territorial shareholders received 0.8048 shares of Hope Bancorp common stock for each Territorial share, creating the largest regional bank serving multi-cultural customers across the continental United States and Hawaii.

Glacier Bancorp Acquires Altabancorp (Altabank)

October 1, 2021

Financial Services

Glacier Bancorp, Inc. completed its acquisition of Altabancorp (Altabank), the largest community bank in Utah. Altabank will operate as "Altabank, Division of Glacier Bank," adding 25 branches and roughly $3.5 billion in assets and expanding Glacier's Western U.S. footprint.

Independent Bank Corp. Acquires Enterprise Bancorp, Inc.

July 1, 2025

Financial Services

Independent Bank Corp. (parent of Rockland Trust) completed its acquisition of Enterprise Bancorp, Inc., with legal closing effective July 1, 2025; Enterprise Bank has been merged into Rockland Trust and Enterprise Bancorp shareholders received a mix of Independent common stock and cash. The parties will convert core products and customer accounts over the weekend of October 11, 2025, and Enterprise founder George Duncan will serve in a consultative role for one year to support integration.

UMB Financial Corporation Acquires Heartland Financial USA, Inc.

April 29, 2024

Financial Services

UMB Financial Corporation completed its previously announced all-stock acquisition of Heartland Financial USA, Inc., creating a larger regional bank with approximately $68 billion in assets and expanded operations across 13 states. The deal (announced at an implied value of about $2.0 billion and using a 0.55 share exchange ratio) increases UMB's private wealth AUM by roughly 31–32%, adds more than 100 branches and ATMs, and brings HTLF operations onto UMB platforms before full brand conversion.