Olsen Palmer Advises First State Bank in Its Agreement to Be Acquired by Citizens Bank

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.

Transaction Announcement (PDF)