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Suncrest Bank is hoping that its team of experienced executives, combined with organic growth and acquisitions, will help more than double its assets in the next few years.
August 31 -
First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.
August 17 -
First Dakota National Bank in Yankton, S.D., has agreed to buy a branch from HF Financial in Sioux Falls, S.D.
April 16
First Dakota National Bank in Yankton, S.D., has agreed to buy Dakota State Bank in Blunt, S.D.
The $1.2 billion-asset First Dakota did not disclose financial terms of the deal, which is expected to close by early next year.
Larry Ness, First Dakota’s chairman and chief executive, will remain chief executive. Karl Adam, chief executive of the $36 million-asset Dakota State Bank, will become president of the Pierre, S.D., market.
First Dakota has 16 branches in South Dakota. Dakota State has two branches, in Blunt and Pierre.
