Olsen Palmer Advises Williamsville State Bank & Trust in Its Acquisition by Land of Lincoln Credit Union

Williamsville State Bank & Trust, a wholly-owned subsidiary of WSB Financial Ltd., has been acquired by Land of Lincoln Credit Union. Pursuant to the definitive agreement, Land of Lincoln Credit Union purchased substantially all of the assets and liabilities of Williamsville State Bank & Trust in an all-cash transaction.

Olsen Palmer LLC served as financial advisor to WSB Financial Ltd. and Williamsville State Bank & Trust.

With the transaction finalized, the combined institution has a footprint of 18 branches.

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 over the last four quarters, according to S&P Global.

Transaction Announcement (PDF)

Olsen Palmer Advises First National Bank in Its Acquisition by Coastal Bend Bancshares

First National Bank in Port Lavaca has been acquired by Coastal Bend Bancshares, Inc., the bank holding company for First Community Bank. Following the acquisition, Coastal Bend Bancshares, Inc. is now a two-bank holding company with total assets over $1 billion.

Olsen Palmer LLC served as financial advisor to First National Bank in Port Lavaca.

First National Bank was established in Port Lavaca in 1957. The bank has four offices, serving customers in Port Lavaca, Seadrift, Port O’Connor, and Victoria and total assets of $373 million as of August 31, 2026.

Olsen Palmer is the #1 sell-side bank M&A advisor nationwide and ranks among the top 3 overall (sell-side + buy-side) based on transaction count over the last four quarters, according to S&P Global.

Transaction Announcement (PDF)

Olsen Palmer Advises Bank of Pontiac in Its Agreement to Acquire OSB Community Bank for $45.5M

Pontiac Bancorp, Inc. (“Pontiac”), the parent company of Bank of Pontiac, and Ottawa Bancorp, Inc. (“OSB”), the parent company of OSB Community Bank, jointly announced the signing of a definitive agreement under which OSB will merge with and into Pontiac. In accordance with the terms of the merger agreement, shareholders are expected to receive cash consideration equal to $45.5 million.

Olsen Palmer LLC served as financial advisor to Pontiac Bancorp, Inc., parent of Bank of Pontiac.

Olsen Palmer is the #1 sell-side bank M&A advisor nationwide and ranks among the top 3 overall (sell-side + buy-side) based on transaction count over the last 12 months, according to S&P Global.

Transaction Announcement (PDF)

Olsen Palmer Advises Senath State Bank in Its Acquisition by First State Bank and Trust Company, Inc.

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.

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)