Triumph Bancorp, Inc. Announces Completion of Valley Bancorp, Inc. Acquisition
Triumph Bancorp, Inc. (TBK)
Last triumph bancorp, inc. earnings: 4/20 04:07 pm
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Source: GlobeNewswire
DALLAS, Dec. 08, 2017 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq:TBK) (the “Company”) today announced the completion of its acquisition of Valley Bancorp, Inc. Simultaneously with the closing of the acquisition, Valley Bancorp’s wholly-owned bank subsidiary, Valley Bank & Trust, merged with and into the Company’s wholly-owned bank subsidiary, TBK Bank, SSB. At November 30, 2017, Valley Bancorp had approximately $334 million of total assets, $176 million in loans and $299 million of deposits. “We are pleased to complete the acquisition of Valley Bank & Trust,” Aaron P. Graft, vice chairman and chief executive officer of Triumph Bancorp, Inc., stated. “The acquisition of Valley further expands TBK Bank’s presence in Colorado, bringing us to 32 branches. Valley is a remarkable institution that has served its communities admirably over the years. TBK Bank will continue providing the exceptional service Valley’s customers have come to expect through the bankers they already know
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