New Hampshire Thrift Bancshares has agreed to buy Lebanon, N.H.-based Landmark Bank for $5.7 million and merge it into its Lake Sunapee Bank subsidiary.

The combined institution will have $316 million in assets and $254 million in deposits, with 12 branches in four New Hampshire counties. New Hampshire Thrift has $260 million in assets, while Landmark has $55 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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