Dauphin completes acquisition of FB&T.

HARRISBURG, Pa. - Dauphin Deposit Corp. said it completed the previously announced acquisition of FB&T Corp. of Hanover, Pa.

FB&T had 17 banking offices and $677 million in assets, bringing Dauphin, central Pennsylvania's largest independent bank, to $4.3 billion.

Each of the 2.1 million shares of FB&T common stock were to be exchanged for 0.9437 share of Dauphin stock, making the deal worth about $88 million.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER