STEVENS POINT, Wis. - First Financial Corp. said it has signed a letter of intent to acquire Northland Bank of Wisconsin, Ashland.
The deal would involve an exchange of stock, but the specific terms were not disclosed.
Northland would be merged into First Financial's principal subsidiary, First Financial Bank. The transaction is subject to regulatory approvals. The, earliest possible completion date would be around yearend, First Financial said.
Northland Bank has about $130 million of assets, First Financial $4.8 billion.