The transaction received all required regulatory and shareholder approvals and was completed in accordance with the definitive agreement previously announced.
“This marks an exciting milestone for both organizations and the communities we serve,” said Doug Fish, President and Chief Executive Officer of BTC Bank. “We are proud to officially welcome the customers and employees of The Tipton Latham Bank into the BTC Bank family. Our shared commitment to community banking, agriculture, and youth makes this a strong and natural fit.”
With the completion of this acquisition, BTC Bank now operates 27 locations across Missouri and southern Iowa, along with a mobile branch serving rural communities. This milestone reflects BTC Bank’s broader, strategic growth across the region, including the upcoming opening of a Loan Production Office in Pocahontas, Arkansas, the planned addition of a new location in Sedalia, Missouri, and a pending agreement to acquire Tri-County Trust Company in Glasgow, Missouri, subject to customary regulatory approvals.
Customers of The Tipton Latham Bank will continue to receive the same trusted local service they expect, while benefiting from expanded products, technology, and financial resources available through BTC Bank.
About BTC Bank
BTC Bank, established in 1919, is a community bank with deep roots in serving rural communities and farm families. Recognized by the Independent Community Bankers of America (ICBA) as the number one Ag Bank in Missouri, BTC Bank is committed to supporting agriculture and providing trusted financial services to farmers and members of the community. With branches across Missouri and Iowa, BTC Bank continues to grow while maintaining its community-first values. For more information, visit BTCBank.bank.