National Bank of Canada to Acquire Canadian Western Bank

CBC Bancorp Acquires Bay Community Bancorp

May 20, 2024

Financial Services

CBC Bancorp, the holding company for Commercial Bank of California, has completed its acquisition of Bay Community Bancorp, the parent of Community Bank of the Bay, creating a combined franchise with approximately $3.5 billion in assets. The transaction, an all-cash deal at $14.00 per share that transitions CBB to a privately held division of CBC, expands CBC's footprint in Northern California and increases scale for enhanced product offerings and community-focused lending.

Central Valley Community Bancorp Completes Merger with Community West Bancshares; Combined Company Adopts Community West Name

April 1, 2024

Financial Services

Central Valley Community Bancorp (parent of Central Valley Community Bank) completed an all-stock merger with Community West Bancshares (parent of Community West Bank), effective April 1, 2024. The combined company assumes the Community West Bancshares name and NASDAQ ticker CWBC, creating a regional bank with approximately $3.5 billion in assets and an expanded branch footprint across Central California.

CNB Financial Corporation Acquires Bank of Akron

July 20, 2020

Financial Services

CNB Financial Corporation (CNB Bank) completed its acquisition of Bank of Akron, merging Bank of Akron into CNB Bank with CNB Bank as the surviving institution. Bank of Akron's offices will operate under the BankOnBuffalo trade name as a division of CNB Bank; the combined company has approximately $4.9 billion in assets and 45 full‑service offices pro forma as of June 30, 2020.

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.

CrossFirst Bankshares Acquires Canyon Bancorporation and Canyon Community Bank

April 21, 2023

Financial Services

CrossFirst Bankshares, Inc. will acquire Canyon Bancorporation, Inc. and its subsidiary Canyon Community Bank, N.A. in a stock-and-cash transaction valued at an estimated $15.1 million. The deal adds a Tucson branch and core deposit base (Canyon Bank: $122M loans, $169M deposits as of March 31, 2023) to CrossFirst's regional banking footprint and is expected to close in H2 2023 subject to regulatory approval.

United Bancorporation of Alabama, Inc. Acquires Town-Country National Bank

March 16, 2021

Financial Services

United Bancorporation of Alabama, Inc. (United Bank) signed a definitive agreement to acquire Town-Country National Bank, a Camden, Alabama community bank with approximately $126.2 million in assets, for aggregate cash consideration of $28.5 million. Town-Country will rebrand as Town-Country United Bank and operate as a separate banking subsidiary; TCNB shareholders will receive cash consideration (with a portion paid as a special dividend) and the deal is expected to close in early Q3 2021 subject to shareholder and regulatory approvals.