TriCo Bancshares completed the merger with Valley Republic Bancorp for $165m.

TriCo Bancshares, the bank holding company and the parent company for Tri Counties Bank, completed the merger with Valley Republic Bancorp, the a bank holding company and the parent company for Valley Republic Bank, for $165m. “We are excited to combine two community-focused financial institutions which are both significantly involved in the markets they serve. We look forward to providing our new clients with additional lending capabilities and expanded product offerings while delivering our unique brand of Service With Solutions,” Richard P. Smith, TriCo President and CEO.