Denver-based Guaranty Bancorp and Loveland's Home State Bancorp will merge, forming one of the largest Colorado-based bank holding companies, they announced Wednesday.
The $133.7 million deal has been unanimously approved by the boards of directors of both companies and is expected to close in the summer of 2016, subject to regulatory and shareholder approval and certain other customary closing conditions.
Guaranty (Nasdaq: GBNK), the holding company for Guaranty Bank and Trust Co., is a $2.4 billion financial services company.
Guaranty and Home State Bancorp, the holding company for Home State Bank, signed a definitive merger agreement. Following the closing of the transaction, Home State Bank will be merged into Guaranty Bank and Trust Co.
Read more at the Denver Business Journal: http://bit.ly/1nPlIX1
