DLP Bancshares Acquires Community State Bank

September 15, 2022

DLP Bancshares, a holding company backed by private investors including Don Wenner of DLP Capital, has acquired Community State Bank, a Starke, Florida-based commercial bank with approximately $225 million in assets. DLP Bancshares injected significant capital to increase lending capacity, support loan growth, expand technology and services, and retain the bank's local management and board representation.

Buyers
DLP Bancshares
Targets
Community State Bank
Location
Florida, United States
Transaction Type
Buyout

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