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HomeTrust Completes Conversion of Highly Accretive Acquisition

HOMETRUST BANCSHARES (HTBI)  More Company Research Source: GlobeNewswire
Last hometrust bancshares earnings: 4/26 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.hometrustbanking.com
PDF ASHEVILLE, N.C., March 16, 2017 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NASDAQ:HTBI) (“HomeTrust”), the holding company for HomeTrust Bank, announced today the completion of the system conversion related to its recent acquisition of TriSummit Bancorp, Inc. (“TriSummit”) and its wholly-owned subsidiary, TriSummit Bank. On Monday, March 13, 2017, all TriSummit Bank branches opened for business as HomeTrust Bank branches. "I am extremely proud of the hard work of our combined teams uniting two separate banking operations and systems into one,” said Dana L. Stonestreet, Chairman, President, and CEO of HomeTrust. “We have truly enjoyed working with the TriSummit team while integrating our banks together to do more for our customers, employees, and stockholders and to capitalize on our combined strengths to grow our business in the Tri-Cities and eastern Tennessee. "This in-market merger has increased our assets to approximately $3.1 billion and enables us to increase loan produ [Read more]

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