Heartland Financial USA Inc., the parent company of Merriam-based Morrill & Janes Bank & Trust Co., has been one of the nation's most-active bank acquirers over the past few years and just signed an agreement for its biggest deal yet.
Dubuque, Iowa-based Heartland (Nasdaq: HTLF) agreed to acquire Citywide Banks of Colorado Inc. for $203 million, the Denver Business Journal reported on Monday. The bank has $1.4 billion in assets and 12 branches in the greater Denver market.
After the transaction…
Heartland Financial USA Inc., the parent company of Merriam-based Morrill & Janes Bank & Trust Co., has been one of the nation's most-active bank acquirers over the past few years and just signed an agreement for its biggest deal yet.
Dubuque, Iowa-based Heartland (Nasdaq: HTLF) agreed to acquire Citywide Banks of Colorado Inc. for $203 million, the Denver Business Journal reported on Monday. The bank has $1.4 billion in assets and 12 branches in the greater Denver market.
After the transaction…