Enterprise Bank expands with a $213 million acquisition

//Enterprise Bank expands with a $213 million acquisition

Enterprise Bank expands with a $213 million acquisition

Enterprise Financial Services Corp. (Nasdaq: EFSC), which operates Enterprise Bank & Trust with locations in St. Louis, Kansas City and Phoenix, is expanding into New Mexico by acquiring the holding company of Los Alamos National Bank in a $213 million deal. Los Alamos National Bank, operated by Trinity Capital Corp., had $1.3 billion in assets, $714 million in loans and $1.1 billion in deposits as of June 30. It operates six full-service branches in Los Alamos, Santa Fe and Albuquerque, New Mexico.…

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By | 2018-11-05T13:38:03+00:00 November 5th, 2018|Economics|

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