Lewis & Clark completed merger with Clatsop Community Bank.

Lewis & Clark Bank and Clatsop Community Bank completed merging Clatsop into Lewis & Clark in a stock and cash transaction. Clatsop Community Bank shareholders receive 0.3040 Lewis & Clark Bank shares and $2.89 in cash in exchange for each share of Clatsop stock. The combined bank, named Lewis & Clark Bank and headquartered in Oregon City, has assets of approximately $300m and branch locations in Oregon City, Oregon; Seaside, Oregon; and Astoria, Oregon. “The completion of our merger with Clatsop Community Bank expands our geographic footprint while strengthening our ability to serve our clients.” Jeffrey Sumpter, President & Chief Executive Officer of Lewis & Clark Bank.