Senath Bancshares Inc. and its subsidiary, Senath State Bank, have been acquired by First State Bancorp, Inc., the parent company of First State Bank and Trust Company, Inc.
Olsen Palmer LLC served as financial advisor to Senath Bancshares Inc.
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.