DMMS Purchaser, Inc. to Acquire MC Bancshares, Inc.

Merchants & Marine Bancorp Acquires Mississippi River Bank

September 20, 2023

Financial Services

Merchants & Marine Bancorp, Inc. (MNMB) signed a definitive agreement to acquire Mississippi River Bank, a Belle Chasse, Louisiana-based community bank with approximately $127.7 million in assets. Mississippi River Bank will continue to operate under its existing brand as a division of Merchants & Marine Bank; the target's CEO Mike Bush and President/COO Lisa Works will remain in their roles. The acquisition is subject to shareholder and regulatory approvals and is expected to close in Q1 2024.

Merchants & Marine Bancorp, Inc. to Acquire Farmers-Merchants Bank & Trust Company

October 24, 2025

Financial Services

Merchants & Marine Bancorp, Inc. (MNMB) and Farmers-Merchants Bank & Trust Company (FM Bank) entered into a definitive agreement for an all-cash merger. Under the agreement, FM Bank will merge into Merchants & Marine Bank, with FM Bank continuing to operate under its established brand as a division.

DMG Bancshares Inc. to Acquire Liberty Bancorp in All-Cash Merger

February 28, 2022

Financial Services

DMG Bancshares Inc. signed a definitive merger agreement to acquire Liberty Bancorp (Liberty Bank) in an all-cash transaction valued at approximately $31.2 million in base consideration. The deal includes potential additional cash consideration of up to approximately $2.9 million based on certain events and is expected to close in the summer of 2022, subject to approvals.

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.

Mifflinburg Bancorp to Acquire Northumberland Bancorp in Strategic Merger of Equals

September 25, 2024

Financial Services

Mifflinburg Bancorp, Inc. and Northumberland Bancorp announced the signing of a definitive “merger of equals” agreement under which Northumberland will merge with and into Mifflinburg Bancorp, and Northumberland’s subsidiary bank will merge into Mifflinburg Bank. Northumberland shareholders will receive 1.1850 shares of Mifflinburg for each Northumberland share; the all-stock deal is expected to close in the first or second quarter of 2025.

Mercantile Bank Completes Merger With Eastern Michigan Financial

January 2, 2026

Financial Services

Mercantile Bank Corporation (NASDAQ: MBWM) completed its previously announced merger with Eastern Michigan Financial Corporation (OTCID: EFIN), combining the two Michigan-based institutions in a cash-and-stock transaction. Eastern shareholders received $32.32 per share plus 0.7116 shares of Mercantile common stock, and Eastern Michigan Bank will operate alongside Mercantile until Mercantile consolidates it into its own bank in the first quarter of 2027 (subject to regulatory approvals).