The companies also combined their banking subsidiaries,
"We believe we have brought together two companies with similar cultures and philosophies and, in so doing, have created an outstanding community banking franchise that will be an asset to the communities we serve and one which will benefit our employees, customers and shareholders," said
The merger was agreed to by the companies' boards of directors in September, and shareholders for the two banks approved the deal in May.
The combined company has total assets, deposits and loans of about
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