Brookfield Bancshares, Inc. Acquires NSTS Bancorp, Inc. and North Shore Trust and Savings

Brookfield Bancshares, Inc. (holding company for First National Bank of Brookfield) and First National Bank of Brookfield announced the signing of a definitive merger agreement to acquire NSTS Bancorp, Inc. (NASDAQ: NSTS) and its subsidiary North Shore Trust and Savings. The deal is an all-cash transaction valued at approximately $73.7 million, with NSTS stockholders receiving about $14.28 per share. The transaction is anticipated to close in the fourth quarter of 2026, subject to regulatory and stockholder approvals.