secwatch.observer — SEC 8-K summary
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Issuer:     CIVISTA BANCSHARES, INC. (CIVB)
CIK:        0000944745
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001193125-25-270984
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Civista completes Farmers Savings Bank merger, adds $236M deposits and two branches
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- Each Farmers share converted into $71,086.48 cash + 2,868.98 Civista shares; total cash ~$35.5M and ~1.43M shares issued.
- Merger adds two branches and ~$236M in low-cost deposits, expanding into Medina and Lorain Counties, Ohio.
- Pro forma combined organization: ~$4.4B assets, $3.2B net loans, $3.5B deposits as of Sept 30, 2025.
- System conversion scheduled for Q1 2026; customers will continue normal service until then.
- President/CEO Dennis Shaffer cites enhanced commercial lending and deeper Northeast Ohio relationships.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944745/000119312525270984/0001193125-25-270984-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944745/000119312525270984/civb-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-270984

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer