BTC Bank has signed an agreement to purchase 1st Cameron State Bank with two locations in Cameron.
The acquisition agreement will be BTC Bank’s second this year and once finalized, bring its total assets to almost $1 billion and full-service branches to 18 throughout North-Central Missouri and Southern Iowa.
Early August, BTC Bank successfully agreed on a partnership with Home Exchange Bank headquartered in Jamesport, Missouri.
Both transactions are expected to close later this year and are subject to standard closing conditions as well as shareholder and regulatory agency approvals.
BTC Bank is a community bank founded in 1919 that’s based in Bethany, Missouri, with additional branch locations in Gallatin, Albany, Pattonsburg, Chillicothe, Carrollton, Boonville, Beaman, Trenton, Maysville, Osborn and Buffalo, Missouri as well as Lamoni, Iowa.