Redemption Holding Company Acquires Holladay Bank and Trust

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.

The Marygold Companies Acquires 7.95% Stake in Midland Capital Holdings Corporation

October 24, 2024

Financial Services

The Marygold Companies, Inc. (NYSE American: MGLD) purchased a 7.95% ownership position in Delaware-based Midland Capital Holdings Corporation (MCHC) for $1.8 million, and also received warrants to buy additional shares. MCHC's principal operating entity is Midland Federal Savings and Loan Association, headquartered in Bridgeview, Illinois; Marygold says the investment supports its strategy of expanding in financial services/fintech and will help enhance the bank's offerings and technology.

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

July 1, 2025

Financial Services

Independent Bank Corp. (parent of Rockland Trust) and Enterprise Bancorp, Inc. have signed a definitive merger agreement for Rockland Trust to acquire Enterprise Bank. The deal received all required regulatory approvals and was expected to close on July 1, 2025, with Enterprise merging into Independent and Enterprise Bank merging into Rockland Trust (surviving entities).

Glacier Bancorp Acquires Altabancorp (Altabank)

October 1, 2021

Financial Services

Glacier Bancorp, Inc. completed its acquisition of Altabancorp (Altabank), the largest community bank in Utah. Altabank will operate as "Altabank, Division of Glacier Bank," adding 25 branches and roughly $3.5 billion in assets and expanding Glacier's Western U.S. footprint.

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.

Prosperity Bancshares To Acquire American Bank Holding Corporation (American Bank)

January 1, 2026

Financial Services

Prosperity Bancshares, Inc. agreed to acquire American Bank Holding Corporation and American Bank, N.A. in an all-stock transaction valued at approximately $321.5 million. The merger was initially expected to close in late 2025 or early 2026, and it was ultimately completed effective January 1, 2026.