Merchants & Marine Bancorp Acquires Farmers-Merchants Bank & Trust

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.

Farmers National Banc Corp. Merges With Middlefield Banc Corp.

March 6, 2026

Financial Services

Farmers National Banc Corp. (NASDAQ: FMNB) signed a definitive agreement to acquire Middlefield Banc Corp. (NASDAQ: MBCN) in an all-stock merger. Middlefield will merge with and into Farmers, with each Middlefield share converted into the right to receive 2.6 shares of Farmers common stock, subject to shareholder and regulatory approvals.

Richmond Mutual Bancorporation Merges With Farmers Bancorp to Form a $2.6 Billion Community Bank

November 12, 2025

Financial Services

Richmond Mutual Bancorporation, Inc. entered into a definitive all-stock merger agreement under which The Farmers Bancorp will merge with and into Richmond Mutual. The deal is valued at approximately $82 million, or $44.71 per share of Farmers Bancorp common stock, and is expected to close in early Q2 2026 pending regulatory and shareholder approvals.

CrossFirst Bankshares to Acquire Farmers & Stockmens Bank (Central Bancorp) in Cash Deal

June 13, 2022

Financial Services

CrossFirst Bankshares, Inc. (via its bank subsidiary CrossFirst Bank) has signed a definitive merger agreement to acquire Farmers & Stockmens Bank (F&S Bank), the bank subsidiary of Central Bancorp, Inc. The all-cash transaction is expected to close in the second half of 2022 and is intended to expand CrossFirst’s footprint into Colorado and New Mexico.

SouthPoint Bancshares Acquires Merchants Financial Services

January 6, 2022

Financial Services

SouthPoint Bancshares, Inc. completed a strategic merger with Merchants Financial Services, Inc., with SouthPoint as the surviving entity. Merchants Bank of Alabama was merged into SouthPoint Bank as a division, creating a combined organization with over $1.0 billion in assets, approximately $0.9 billion in deposits and 10 branches, extending SouthPoint’s franchise along the I‑65 corridor into Cullman, Hanceville and Arab, Alabama.

Farmers & Merchants Bancorp Acquires Ossian Financial Services, Inc.

December 21, 2020

Financial Services

Farmers & Merchants Bancorp, Inc. (F&M) agreed to acquire Ossian Financial Services, Inc. (OFSI), the holding company of Ossian State Bank, in a cash deal valued at approximately $20.0 million (approximately $67.71 per share). OFSI operates two full-service offices in northeast Indiana with about $122 million in assets; the transaction, unanimously approved by both boards and subject to regulatory and shareholder approvals, was expected to close in Q2 2021.