Farmers-Merchants National Bank announced this week it will be acquired by Merchants Bancorp (Nasdaq: MBIN), subject to shareholder and regulatory approval.
As a shareholder and director of FMNB since 2012, I’ve learned a lot about banking, bonds, credit, and compliance. I enjoyed relationships with bank president Tom McCabe and the rest of the board. I’m pleased that we as a management and board were proactive and successful in pursuing a strategic plan that brought an outstanding return for shareholders, no loss of jobs for employees of the bank, and continuity of banking services for the communities we serve.
Congratulations team on many years of faithful service leading up to this milestone achievement.