BURLINGTON, Vt. -- Banknorth Group Inc. completed its purchase last week of $162 million-asset North American Bank Corp. of Farmington, N.H., for about $19.1 million.

North American is the parent company of Farmington National Bank, which has offices in four New Hampshire communities. This is Banknorth's first push into its neighboring state.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.