DMG Bancshares Acquires California First National Bank

California Bank & Trust Acquires FirstBank's Coachella Valley Branches

March 24, 2025

Financial Services

California Bank & Trust (a division of Zions Bancorporation) has completed the acquisition of FirstBank’s California banking operations, converting four FirstBank branches in the Coachella Valley (Palm Desert and Indio) to CB&T locations. The deal expands CB&T’s local footprint and brings FirstBank clients and employees into CB&T’s network as part of its broader commitment to the region.

First Financial Bancorp Acquires BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp completed its all-stock acquisition of Chicago-based BankFinancial Corporation, adding 18 retail financial centers and expanding First Financial’s presence in the Chicago market. The acquisition brings BankFinancial’s commercial lending, equipment finance and deposit franchise onto First Financial’s platform and increases the combined company’s assets to approximately $22 billion.

TriCo Bancshares Acquires FNB Bancorp for ~$315.3M

December 8, 2017

Financial Services

TriCo Bancshares (Tri Counties Bank) acquired FNB Bancorp (First National Bank of Northern California) in a stock transaction valued at approximately $315.3 million (about $40.81 per share). The deal expands TriCo’s presence into the San Francisco Peninsula and broader Bay Area markets.

First Mid Bancshares Acquires Delta Bancshares and St. Louis Loan & Deposit Portfolio

July 29, 2021

Financial Services

First Mid Bancshares, Inc. (NASDAQ: FMBH) agreed to acquire Delta Bancshares Company, the parent of Jefferson Bank and Trust, in a transaction valued at approximately $106.3 million in aggregate consideration (cash and stock). In a separate agreement, First Mid also agreed to acquire approximately $225 million in loans and $280 million in deposits plus the relationship team from a separate St. Louis-area financial institution, expanding First Mid's presence in the St. Louis market.

Bank First Corporation Acquires Centre 1 Bancorp (First National Bank and Trust)

January 2, 2026

Financial Services

Bank First Corporation (Nasdaq: BFC) has completed its acquisition of Centre 1 Bancorp, Inc., the parent company of The First National Bank and Trust Company. The deal brings First National’s trust and wealth management capabilities into Bank First, expands the combined footprint to 38 branches across Wisconsin and the Stateline area of Illinois, and creates a combined organization with approximately $6 billion in assets.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.