Pinnacle Bancorp in Omaha, Nebraska, has agreed to buy Southern Bancshares in Moulton, Texas. The $20.9 billion-asset Pinnacle did not disclose how much it will pay for the parent of the $1.4 billion-asset SouthStar Bank. The deal is expected to close early next year.
Sullivan Bank in Sullivan, Missouri, has agreed to buy Bank of Crocker in Waynesville, Missouri. The $1.4 billion-asset Sullivan Bank did not disclose how much it will pay for the $144 million-asset Bank of Crocker.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.









