FIG Has Now Advised On 26 Whole Bank Transactions Nationwide
Totaling Over $1.7 Billion Since 2015
ATLANTA — July 1, 2016 — North Shore Bank has announced a definitive agreement to acquire Layton Park Financial Group, Inc. (Layton Park Financial) and its wholly owned subsidiary, Layton State Bank.
FIG Partners served as financial advisor to Layton Park Financial. The merger is expected to be completed in the fourth quarter of 2016. Based in Wisconsin, Layton State Bank had assets of $123 million and deposits of $108 million as of May 31, 2016. It has four branches located in West Allis, Greendale, New Berlin, and Milwaukee.
“We are pleased to announce the merger with North Shore Bank. It will leverage North Shore Bank’s infrastructure and resources, while providing our customers a broader network of branches, products, and ATMs,” said Carla Breunig, President and Chief Executive Officer of Layton State Bank. “North Shore Bank has always set very high standards for personalized customer service and will provide additional opportunities for our staff. It’s a very positive transaction for everyone involved.”
Please click here for the news release from North Shore Bank.
To learn more about FIG Partners, please visit www.figpartners.com.