Illinois bank is expanding its footprint in Missouri

M&A deal stock image BankNews.com
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First Mid Bancshares, Inc., of Mattoon, Ill., and Evergreen Bancshares, Inc., of St. Louis, Mo., announced a stock and cash transaction by which Evergreen will merge into First Mid. Evergreen owns Wellsville, Mo.-based American Bank of Freedom, the merger of which will net First Mid 10 additional banking locations throughout the St. Louis metro and the I-70 corridor, along with additional branches in Illinois and Indiana (where First Mid already operates) and a loan production office in Colorado.

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