Colony Bankcorp to Acquire TC Bancshares in $86.1 Million Merger

CBC Bancorp Acquires Bay Community Bancorp in $14.00-Per-Share All-Cash Merger

May 20, 2024

Financial Services

CBC Bancorp, the holding company for Commercial Bank of California, agreed to acquire Bay Community Bancorp, the holding company for Community Bank of the Bay, in an all-cash transaction valued at $14.00 per common share. The deal is designed to combine the institutions’ California footprints and product offerings, transitioning Community Bank of the Bay into a privately held division of CBC.

ACNB Corporation Acquires Traditions Bancorp, Inc.

July 24, 2024

Financial Services

ACNB Corporation (NASDAQ: ACNB) has agreed to acquire Traditions Bancorp, Inc., the holding company for Traditions Bank, in an all-stock transaction valued at approximately $73.5 million. The deal, expected to close in Q1 2025 pending approvals, expands ACNB's community banking footprint in York and Lancaster counties and creates a combined pro forma company with about $3.3 billion in assets.

United Bancorporation of Alabama, Inc. Acquires Town-Country National Bank

March 16, 2021

Financial Services

United Bancorporation of Alabama, Inc. (United Bank) signed a definitive agreement to acquire Town-Country National Bank, a Camden, Alabama community bank with approximately $126.2 million in assets, for aggregate cash consideration of $28.5 million. Town-Country will rebrand as Town-Country United Bank and operate as a separate banking subsidiary; TCNB shareholders will receive cash consideration (with a portion paid as a special dividend) and the deal is expected to close in early Q3 2021 subject to shareholder and regulatory approvals.

New York Community Bancorp to Acquire Flagstar Bancorp in $2.6 Billion All-Stock Merger

April 26, 2021

Financial Services

New York Community Bancorp (NYCB) and Flagstar Bancorp (FBC) entered into a definitive merger agreement for an all-stock transaction valued at approximately $2.6 billion. Flagstar shareholders will receive 4.0151 shares of NYCB common stock for each Flagstar share, and the combined company is expected to operate nearly 400 traditional branches across a multi-state footprint.

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.

Republic Bancorp Acquires CBank (and subsidiary Commercial Industrial Finance)

October 27, 2022

Financial Services

Republic Bancorp, Inc. agreed to acquire Cincinnati-based CBank and its wholly owned leasing subsidiary, Commercial Industrial Finance, Inc. (CIF), in an all-cash merger valued at approximately $51 million. The deal expands Republic Bank's Cincinnati footprint and significantly broadens its equipment leasing capabilities and national leasing footprint; the transaction closed after customary approvals and integration planning.