M&A
confidence high
sentiment positive
materiality 0.80
Hawthorn Bancshares completes merger with FSC Bancshares; total assets ~$2.2B
HAWTHORN BANCSHARES, INC.
- Merger effective Sept. 3, 2026; each FSC share exchanged for $73.7099 cash + 2.1823 HWBK shares.
- Total consideration: 413,101 HWBK shares and $13,953,000 cash delivered to FSC shareholders.
- Combined company has ~$2.2B total assets; Hawthorn Bank now operates 27 MO locations plus 1 in Kansas.
- Customer conversion of Farmers State Bank onto Hawthorn platform expected in Q1 2027.
- Farmers State Bank customers continue using existing channels until conversion.