Firstbank of Ill. makes Missouri acquisition.

SPRINGFIELD, Ill. -- Firstbank of Illinois Co. said it completed the acquisition of Colonial Bancshares of Des Peres, Mo., and its Colonial Bank subsidiary.

Colonial Bank, with three locations near St. Louis, had assets of about $165 million as of March 31, the company said. The transaction is Firstbank's first acquisition outside Illinois.

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