---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-157890"
form_type: "8-K"
ticker: "CIVB"
cik: "0000944745"
company_name: "CIVISTA BANCSHARES, INC."
filed_at: "2025-07-11T23:59:59+00:00"
generated_at: "2026-05-18T07:05:49.894099+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Civista Bancshares to acquire Farmers Savings Bank for ~$70.4M; launches $70M common stock offering

## Summary
- Acquires Farmers Savings Bank (Spencer, OH) for $34.9M cash + 1.43M CIVB shares; aggregate value ~$70.4M.
- Offers 3.29M shares at $21.25 for gross $70M; net proceeds ~$65.5M for general corporate purposes.
- Preliminary Q2 2025 guidance: net income $10.3M–$11.1M ($0.67–$0.72 EPS), NIM 3.63%–3.69%.
- Deal expected ~10% EPS accretive once cost savings phased; TBV dilution earn-back ~3 years.
- Adds ~$183M low-cost deposits, 2 branches in Medina/Lorain Counties; pro forma assets ~$4.4B.

## SEC filing metadata
- accession: 0001193125-25-157890
- form_type: 8-K
- ticker: CIVB
- cik: 0000944745
- company_name: CIVISTA BANCSHARES, INC.
- filed_at: 2025-07-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944745/000119312525157890/0001193125-25-157890-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944745/000119312525157890/d81885d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-157890
- JSON: https://secwatch.observer/filing/0001193125-25-157890.json
- Plain text: https://secwatch.observer/filing/0001193125-25-157890.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.