Wrightsville Bancshares, Inc. (“Wrightsville”), parent company to Bank of Wrightsville, has announced that it has entered into a definitive agreement to be acquired by Century Bancorp, Inc. (“Century”), parent company to Century Bank & Trust.
Olsen Palmer LLC served as financial advisor to Wrightsville Bancshares, Inc.
The transaction, which is subject to customary closing conditions, including approval from the shareholders of Wrightsville and bank regulatory authorities, is expected to close in Q1 2026. Upon completion of the transaction Century will have 4 branches.
Olsen Palmer remains a top 3 overall bank M&A advisor nationwide based on the number of transactions advised upon since 2020, according to S&P Global.