Talmer Bancorp in Troy, Mich., has agreed to buy First of Huron Corp. in Bad Axe, Mich.

The $5.6 billion-asset Talmer said in a press release Wednesday that it will pay $13.4 million in cash for First of Huron, the parent of Signature Bank. The bank has $228 million in assets, including $172.3 million of loans.

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