Acquisition in Illinois

SPRINGFIELD, Ill. - First-bank of Illinois Co. said it has completed the acquisition of Central Bac System Inc. and its two subsidiaries, Central Bank of Fairview Heights and Farmers and Merchants Bank of Carlinville.

Firstbank, which has $1.2 billion in assets, did not disclose the purchase terms. The acquired company had $295 million in assets on June 30.

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