Announced
Financials
Tags
Single Bidder
Domestic
Friendly
United States
Banks
Acquisition
Merger
Majority
bank holding company
Public
Pending
Synopsis
First Community Bankshares, a bank holding company, agreed to acquire Surrey Bancorp, a banking services provider, for $113m. “When considering a long-term partner, we wanted a bank that shared our values of providing the highest level of banking services to our community, valued its employees and performed at a level worthy of its shareholders. In First Community, we found all those qualities and are confident that our combined franchise will continue to generate value for all our stakeholders," Edward C. Ashby, Surrey CEO and Director.
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