MidFirst Bank Acquires Amerant Bank Houston Branches

Bank7 Acquires First American Mortgage, Inc.

February 28, 2025

Financial Services

Bank7, a community bank headquartered in Oklahoma City, has acquired First American Mortgage, Inc., a locally owned residential mortgage lender founded in 1993. The acquisition expands Bank7's mortgage division and deepens its residential lending capabilities to better serve customers across its Oklahoma, Texas (Dallas/Fort Worth) and Kansas markets.

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.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.

BankFirst Capital Corporation Acquires The Magnolia State Corporation and Magnolia State Bank

July 1, 2025

Financial Services

BankFirst Capital Corporation completed its acquisition of The Magnolia State Corporation and its wholly owned subsidiary Magnolia State Bank effective July 1, 2025. The deal expands BankFirst’s branch network to 52 offices across Mississippi and Alabama and increases pro forma assets to approximately $3.2 billion, with gross loans of about $2.2 billion and deposits of roughly $2.8 billion; several Magnolia executives have joined BankFirst in regional leadership roles.

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.

Union Home Mortgage Acquires Amerifirst Home Mortgage

December 21, 2022

Financial Services

Union Home Mortgage (UHM) has acquired Kalamazoo-based Amerifirst Home Mortgage, bringing Amerifirst’s network of more than 300 licensed loan consultants into UHM’s national mortgage platform. The deal expands UHM’s presence in key markets — including Florida, Michigan, Ohio, North Carolina and California — and strengthens combined capabilities in USDA rural lending programs.