BBS Corp., the parent company of First State Bank, and Amador Bancshares, Inc., the parent company of Citizens Bank of Las Cruces, jointly announced the signing of a definitive merger agreement pursuant to which Amador Bancshares, Inc. will acquire BBS Corp.
Olsen Palmer served as financial advisor to BBS Corp and First State Bank.
Olsen Palmer is the #1 sell-side bank M&A advisor nationwide based on transaction count since 2025, according to S&P Global.
Merchants & Farmers Bank of Greene County (“Merchants & Farmers”) and First Community Bank of Central Alabama (“FCB”) have entered into an agreement whereby FCB will acquire the Prattville, AL, branch of Merchants & Farmers.
Olsen Palmer LLC served as financial advisor to Merchants & Farmers Bancshares, Inc.
Under the terms of the agreement, FCB will acquire the physical location and the deposit and loan accounts associated with the branch.
Olsen Palmer is the #1 sell-side bank M&A advisor nationwide based on transaction count since 2025, according to S&P Global.
Foundation First Corporation, the holding company of Foundation One Bank, has agreed to be acquired by First Gothenburg Bancshares Inc., the parent company of Dayspring Bank.
Olsen Palmer LLC served as financial advisor to Foundation First Corporation.
The transaction is expected to close in 2026 and is subject to regulatory and shareholder approval.
The deal expands Dayspring's services throughout the Omaha, Nebraska, metro market.
Olsen Palmer is the #2 sell-side bank M&A advisor nationwide based on transaction count since 2025, according to S&P Global.
Bancorp of Rantoul, Inc. (“Rantoul”), the parent company of Bank of Rantoul, and Peoples Bancorp, Inc. (“Peoples”), the parent company of The Peoples State Bank of Newton, Illinois, jointly announced the signing of a definitive agreement under which Rantoul will merge with and into Peoples in a cash transaction.
Olsen Palmer LLC served as financial advisor to Bancorp of Rantoul, Inc.
With an expected closing date in the fourth quarter of 2026, the pro forma institution is estimated to have approximately $950 million of assets, $800 million of deposits, and total loans of $630 million.
Olsen Palmer is the #1 sell-side bank M&A advisor nationwide and one of the top 3 overall (sell-side + buy-side) based on transaction count since 2025, according to S&P Global.
ASB Management Corp., the bank holding company for Anna State Bank, has entered into a definitive agreement with Alliance Bancshares, Inc., the bank holding company for Alliance Bank, under which ASB Management Corp. has agreed to be acquired by Alliance Bancshares, Inc.
Olsen Palmer LLC served as financial advisor to ASB Management Corp.
The transaction is expected to close in the fourth quarter of 2026, subject to certain closing conditions, including receipt of regulatory approvals and ASB Management Corp. shareholder approval.
Olsen Palmer is the #1 sell-side bank M&A advisor nationwide and one of the top 3 overall (sell-side + buy-side) based on transaction count since 2025, according to S&P Global.
