Indiana’s First Financial to buy Illinois bank for $111.3M
Acquiring Hickory Point Bank and Trust will give the Hoosier State lender eight added branches in central Illinois and boost its asset total to $6.9 billion.
Acquiring Hickory Point Bank and Trust will give the Hoosier State lender eight added branches in central Illinois and boost its asset total to $6.9 billion.
BELLINGS Intelligence Score: 18
Why it matters
This is a routine regional bank acquisition that modestly expands Indiana’s First Financial’s footprint and assets but does not materially alter market structure or credit conditions.