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Providence Bank in Columbia, Mo., has brought in Kit Stolen 3rd as its new chief executive to oversee the clean-up of its loan portfolio and guide it through its next phase of growth.
January 9 -
Landmark Bank in Columbia, Mo., has raised $30 million through a private placement of common stock.
August 25
Providence Bank in Columbia, Mo., has acquired Community First Bancorp in Fairview Heights, Ill.
The $684 million-asset Providence described the acquisition of the $211 million-asset Community First as a stock-purchase agreement, without disclosing additional financial terms. The deal closed on Wednesday.
The deal gives Providence its first office in Illinois. Community First Bancorp operated one branch of Community First Bank, located in Fairview Heights. Chuck Daily, Community First's founder, will join Providence as president of the Fairview Heights market.
Providence and its holding company, Linco Bancshares, is controlled by