Guaranty Bancorp merger with Home State Bank complete

DENVER BUSINESS JOURNAL - The merger between Guaranty Bancorp (NASDAQ: GBNK), the holding company for Guaranty Bank and Trust Company and Home State Bancorp, the holding company for Home State Bank, is complete.

The deal was announced in March: Denver-based Guaranty Bancorp and Loveland-based Home State Bank would merge to form one of the largest Colorado-based bank holding companies. The $133.7 million deal was approved by the board and awaited regulatory and shareholder approval.

The new company will have about $3.3 billion in total assets, $2.6 billion in total deposits and $2.3 billion in total gross loans. The combined company would rank third among Colorado-based bank holding firms behind FirstBank Holding Co. and National Bank Holdings Corp., according to Denver Business Journal research.

Read more at the Denver Business Journal: http://bit.ly/2c4ntx7

(© 2016 American City Business Journals. All rights reserved.)


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