First Mid Bancshares Secures Iowa Division of Banking Approval for Two Rivers Acquisition

Reuters
2025.12.30 20:20
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First Mid Bancshares, Inc. has received approval from the Iowa Division of Banking for its acquisition of Two Rivers Financial Group, Inc. The merger, announced in October 2025, will see Two Rivers become a wholly-owned subsidiary of First Mid. The transaction is expected to close in the first quarter of 2026, pending final regulatory approval from the Federal Reserve and customary closing conditions.