Old National Bancorp and First Midwest Bancorp Announce $6.5 Billion Merger

ODNB Financial And National Capital Bancorp Agree to Merger of Equals Creating $2.4 Billion Bank

June 16, 2026

Financial Services

ODNB Financial Corporation and National Capital Bancorp entered into a definitive merger agreement for a “merger of equals” that will create a community banking organization with approximately $2.4 billion in total assets. National Capital Bancorp will merge into privately held ODNB Financial, with ODNB surviving as the holding company, and Old Dominion National Bank merging into The National Capital Bank of Washington.

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.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

First Mid Bancshares Acquires Blackhawk Bancorp

March 21, 2023

Financial Services

First Mid Bancshares, Inc. will acquire 100% of Blackhawk Bancorp, Inc. in a stock-for-stock merger in which Blackhawk shareholders will receive 1.15 shares of First Mid common stock for each share of Blackhawk common stock (aggregate consideration of approximately $90.3 million based on First Mid's March 20, 2023 share price). The transaction expands First Mid's footprint with Blackhawk's 10 branches in Wisconsin and Illinois, is expected to close in the second half of 2023 subject to regulatory and shareholder approvals, and is projected to be accretive to EPS with significant cost savings and liquidity benefits.

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.

Northwest Bancshares Completes Acquisition of MutualFirst Financial (MutualBank)

April 24, 2020

Financial Services

On April 24, 2020 Northwest Bancshares, Inc. completed its acquisition of MutualFirst Financial, Inc., the holding company for MutualBank. The stock-for-stock merger (each MutualFirst share converted into 2.4 shares of Northwest) valued the deal at approximately $213.4 million; MutualBank brought ~$2.1 billion in assets and 36 full‑service offices in Indiana, expanding Northwest's footprint to roughly $12.8 billion in assets and 214 branches.