Eastern Bankshares, Inc. Acquires HarborOne Bancorp, Inc. in $490 Million Merger

Berkshire Hills Bancorp and Brookline Bancorp Merge to Create Beacon Financial Corporation

September 2, 2025

Financial Services

Berkshire Hills Bancorp and Brookline Bancorp combined in a merger of equals to form Beacon Financial Corporation, with the new banking brand Beacon Bank. The merged holding company is headquartered in Boston and will operate a regional banking footprint across New England and New York.

The First Bancshares Acquires Beach Bancorp, Inc.

April 26, 2022

Financial Services

The First Bancshares, Inc. (The First) entered into and completed a definitive agreement to acquire Beach Bancorp, Inc., the parent of Beach Bank, in an all‑stock transaction valued at approximately $116.7 million based on First Bancshares’ April 25, 2022 closing price. Beach Bank — which operates seven branches across the Florida panhandle and Tampa markets — was merged into The First Bank, expanding The First’s footprint in Northwest Florida and providing an entry into the Tampa market.

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).

Atlantic Union Bankshares Acquires American National Bankshares

April 1, 2024

Financial Services

Atlantic Union Bankshares Corporation completed its merger with American National Bankshares Inc., effective April 1, 2024, in a stock-for-stock transaction valued at approximately $507 million. The deal expands Atlantic Union's footprint across Central, Western and Southern Virginia and provides entry into North Carolina's Piedmont Triad and Raleigh markets.

North Shore Bank and Hometown Financial Group Complete Merger with Abington Bank

September 23, 2024

Financial Services

Hometown Financial Group and North Shore Bank completed the merger of Abington Bank into North Shore Bank, creating a combined community-bank franchise with more than $3 billion in assets and 25 branches across eastern Massachusetts and southern New Hampshire. The transaction consolidates Abington Bank as a division of North Shore Bank, expands Hometown Financial Group's scale and branch network, and enables enhanced digital banking, mortgage capability, and lending capacity.

United Bankshares Acquires Community Bankers Trust Corporation (Essex Bank)

December 3, 2021

Financial Services

United Bankshares, Inc. completed its acquisition of Community Bankers Trust Corporation, the parent company of Essex Bank, adding an organization with approximately $1.7 billion in assets and headquarters in the greater Richmond, Virginia region. The deal expands United’s Mid‑Atlantic footprint into additional Virginia and Maryland markets; former Community Bankers Trust President and CEO Rex L. Smith III was retained as a Regional President for the former Essex Bank locations.