M&A
confidence high
sentiment positive
materiality 0.40
Wilson Bank & Trust to acquire Cookeville branch from F&M Bank; ~$35M deposits, ~$17M assets
WILSON BANK HOLDING CO
- Acquiring branch office in Cookeville, TN, with ~$35M in deposits and ~$17M in loans and fixed assets from F&M Bank.
- Transaction expected to close in H1 2025, conditional on FDIC and Tennessee Department of Financial Institutions approval.
- Post-closing, Wilson Bank & Trust will operate 31 offices in 10 counties with over $4.5B in deposits.
- CEO John McDearman says deal deepens commitment to growing Putnam County market.