Independent Bank Corp. to Acquire Enterprise Bancorp, Inc. (Rockland Trust to Acquire Enterprise Bank)

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.

Princeton Bancorp Acquires Cornerstone Financial Corporation

January 18, 2024

Financial Services

Princeton Bancorp, Inc., the parent of The Bank of Princeton, agreed to acquire Cornerstone Financial Corporation, the holding company of Cornerstone Bank, in a stock-and-cash merger valued at approximately $17.9 million. The deal, approved by both boards, will add Cornerstone’s ~ $321 million in assets and six branch locations to Princeton’s footprint in southern New Jersey and is expected to close in mid-2024 pending regulatory and shareholder approvals.

SouthState Corporation Acquires Independent Bank Group, Inc.

May 20, 2024

Financial Services

SouthState Corporation agreed to acquire McKinney, Texas–based Independent Bank Group, Inc. in an all-stock transaction valued at approximately $2.0 billion (0.60 shares of SouthState per share of Independent Bank Group). The deal, announced May 20, 2024, creates a roughly $65 billion regional bank with expanded presence in the Southeast, Texas and a new footprint in Colorado; the merger closed on January 1, 2025.

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.

FNB Corporation to Acquire UB Bancorp (Union Bank) in All-Stock Merger

July 21, 2022

Financial Services

UB Bancorp, parent of Union Bank, announced that it has signed a definitive merger agreement under which FNB Corporation will acquire UB Bancorp in an all-stock transaction. The deal is contemplated to close during the fourth quarter of 2022, subject to regulatory approval and UB Bancorp and FNB shareholder approvals.

Independent Bank to Acquire HCB Financial Corp (Highpoint Community Bank) in ~$70.2M Merger

March 20, 2026

Financial Services

Independent Bank has entered into a definitive merger agreement to acquire HCB Financial Corp., the parent company of Highpoint Community Bank, in a cash-and-stock transaction valued at approximately $70.2 million. The deal is intended to expand Independent Bank’s Michigan footprint between Grand Rapids and Lansing and enhance funding, product offerings, and lending capabilities for local customers.