First Northern Community Bancorp Completes Acquisition Of Three Columbia Bank Branches In Northern California
Acquiring Company
First Northern Bank
Acquired Company
Columbia Banking Systems
Description
First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today announced that its acquisition of three Columbia State Bank (“Columbia Bank”) branches in Orland, Willows, and Colusa, California, has been successfully completed.
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Frequently asked
Who acquired Columbia Banking Systems?
Columbia Banking Systems was acquired by First Northern Bank, based in Dixon. The deal was reported on January 23, 2023. First Northern Bank is an independent community bank that specializes in relationship banking. First Northern Bank is privately held and operates in Financial Services.
When did First Northern Bank acquire Columbia Banking Systems?
First Northern Bank's acquisition of Columbia Banking Systems was reported on January 23, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Columbia Banking Systems do?
Columbia Banking Systems is a significant player in the regional banking sector. The company has a robust asset base, totaling $70 billion. It aims to enhance its market position through strategic acquisitions. It is privately held, and is based in Columbia.
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