Ohio bank to acquire in-state peer in $70.4M deal

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Civista Bancshares agreed to acquire The Farmers Savings Bank in a $70.4 million deal. The combined bank will hold about $4.4 billion in assets after the transaction closes, which is expected in the fourth quarter of 2025. Civista also launched a public share offering to raise roughly $70 million and support the acquisition and future growth. The company said the deal will expand its branch network in Ohio and strengthen its commercial lending footprint.

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