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The North Carolina company will pay more than $637 million for First Citizens Bancorp., a South Carolina bank. Both companies are majority owned by the Holding family.
June 11 -
Peoples Bank of Indianola in Iowa has agreed to buy Pleasantville State Bank in Iowa.
June 10
First Financial Bancorp (FFBC) in Cincinnati has pushed back the expected closing date for its acquisitions of
The $6.5 billion-asset company said in a
First Financial announced plans to buy the banks in December, expanding its access to the Columbus market. First Bexley, which has assets of $310 million, is located in the southeastern Columbus suburbs, while the $234 million-asset Insight is located in Worthington.
The transactions are part of a recent push by First Financial to strengthen its presence in its home state. The company in April announced its
First Financial has more than 100 branches in Ohio, Indiana and Kentucky.