First Mid completed the acquisition of Delta Bancshares for $106m.

First Mid completed the acquisition of Delta Bancshares, a parent company of Jefferson Bank and Trust, for $106m. “The geographic synergies and financial metrics of these transactions are compelling and consistent with our strategy of deepening our presence in the attractive St. Louis market. This combination will move us to 11th in market share with $1.8bn of deposits within the St. Louis MSA. Mike Ross and his family have built a strong franchise in Delta Bancshares Company and we are excited they selected us to continue that legacy as part of First Mid. Since 1892, Jefferson has been dedicated to the St. Louis area communities providing a significant commitment to its customers and we are excited about building upon that success with additional products and services to offer. We look forward to welcoming Delta’s shareholders, employees and customers to the First Mid team," Joe Dively, First Mid Chairman and CEO.