Civista Bancshares Completes Merger with The Farmers Savings Bank, Expanding Community Banking Footprint in Northeast Ohio

Core Points - Civista Bancshares, Inc. has successfully completed its merger with The Farmers Savings Bank, marking a strategic expansion into Medina and Lorain Counties in Ohio [1][2][3] - The merger adds approximately $236 million in low-cost deposits and two new branches to Civista's portfolio, resulting in a combined total of approximately $4.4 billion in assets, $3.2 billion in net loans, and $3.5 billion in total deposits [2][3] Company Overview - Civista Bancshares, Inc. is a $4.4 billion financial holding company headquartered in Sandusky, Ohio, with its primary subsidiary, Civista Bank, providing full-service banking, commercial lending, mortgage, and wealth management services [4] - Civista Bank operates 44 locations across Ohio, Southeastern Indiana, and Northern Kentucky, and offers commercial equipment leasing services nationwide [4] Leadership Statements - Dennis G. Shaffer, President and CEO of Civista Bancshares, emphasized the merger as a significant step in delivering exceptional community banking services and enhancing commercial lending capabilities [3] - Tom Lee, President and CEO of The Farmers Savings Bank, noted that joining Civista allows for continued community-focused banking while gaining access to expanded resources and expertise [3]