First State Community Bank, a community bank based in Farmington, has agreed to purchase three Premier Bank locations in Columbia, Mo.
The acquisition of the Premier Bank locations, which will be finalized upon regulatory approval, will increase FSCB’s branch network to 32 locations in 24 communities.
“The Premier Bank locations will be a great addition to the First State Community Bank Family,” Bill Cooper, Chairman of First State Community Bank said. “We are grateful for this opportunity and look forward to serving the thriving Columbia community.”
First State Community Bank, founded in 1954, has a history of being active in each community it serves. With a local Board of Directors in each market, the bank remains dedicated to local decision-making as part of its community focus.
FSCB is a full-service financial institution, with a variety of loan and deposit products and services. The bank also owns First State Insurance Agency (FSIA), a full-service independent insurance agency. Investment and brokerage services are available through First State Financial Management, Inc. (FSFM), a wholly owned subsidiary of First State Bancshares, Inc.
Since 1954, FSCB has been known for its friendly service, community involvement and sound lending decisions. FSCB is owned and operated by First State Bancshares, Inc., a financial services holding company with over $1 billion in total assets based in Farmington, Mo. FSCB locations are in Farmington, Bonne Terre, Cape Girardeau, DeSoto, Fredericktown, Hayti, Hillsboro, Imperial, Ironton, Malden, Owensville, Park Hills, Perryville, Portageville, Potosi, Sikeston, Shady Valley, Sullivan, St. Mary, Terre du Lac, Washington, Warrenton and Wright City.