Bank First Corp. in Manitowoc, Wisconsin, agreed to acquire Hometown Bancorp in Fond du Lac, Wisconsin, for $124 million cash and stock.
The $3 billion-asset Bank First said acquiring Hometown would
“Together, we will provide exceptional value to our employees, customers, and shareholders,” Mike Molepske, Bank First's president and CEO, said in a press release Tuesday.
The deal is expected to close in the fourth quarter.
In January, Bank First announcement it had agreedn to acquire Denmark Bancshares in Denmark, Wisconsin. That deal is
After both deals close, Bank First expects to have total assets of $4.3 billion, loans of $3.3 billion and deposits of $3.7 billion.