First Mid Bancshares Receives Regulatory Approvals for Two Rivers Acquisition

Reuters
Jan 03
First Mid Bancshares Receives Regulatory Approvals for Two Rivers Acquisition

First Mid Bancshares, Inc. has received regulatory approval from the Federal Reserve Bank of Chicago for its acquisition of Two Rivers Financial Group, Inc., following earlier approval from the Iowa Division of Banking. Under the agreement, Two Rivers will merge with a wholly-owned subsidiary of First Mid, with the transaction expected to close in the first quarter of 2026, pending customary closing conditions.

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