Southern Bank

Hawthorn Bank Names New Chief Legal Officer

Retrieved on: 
Monday, September 18, 2023

JEFFERSON CITY, Mo., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Hawthorn Bank has named Martin Weishaar as its new Chief Legal Officer.

Key Points: 
  • JEFFERSON CITY, Mo., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Hawthorn Bank has named Martin Weishaar as its new Chief Legal Officer.
  • “I am very pleased to announce the appointment of Martin as Chief Legal Officer and a member of our executive leadership team,” said Brent Giles, Chief Executive Officer.
  • I am very excited for the future of Hawthorn Bank and pleased to be a part of it.”
    Martin most recently served as Chief Legal Officer for Southern Bank from 2019-2023 where he had direct responsibility for their legal affairs as well as oversight of the information technology and human resources departments.
  • Martin served as General Counsel and Chief Operating Officer for Liberty Bancorp, Inc., Liberty, Missouri, from 1999-2019.

Southern Missouri Bancorp, Inc. Announces Completion of Merger With Citizens Bancshares Co.

Retrieved on: 
Friday, January 20, 2023

Southern Missouri Bancorp, Inc. (“Southern Missouri” or the “Company,” NASDAQ: SMBC), parent company of Southern Bank, Poplar Bluff, Missouri, announced that its merger with Citizens Bancshares Co. (“Citizens”), Kansas City, Missouri, was completed today.

Key Points: 
  • Southern Missouri Bancorp, Inc. (“Southern Missouri” or the “Company,” NASDAQ: SMBC), parent company of Southern Bank, Poplar Bluff, Missouri, announced that its merger with Citizens Bancshares Co. (“Citizens”), Kansas City, Missouri, was completed today.
  • Citizens was the parent company of Citizens Bank & Trust Company, which has become a subsidiary of Southern Missouri effective with the closing of the merger.
  • Following the completion of the merger, Southern Missouri now operates 65 banking facilities in Missouri, Kansas, Illinois, and Arkansas.
  • I am excited about joining the Board of Directors of Southern Missouri Bancorp and Southern Bank,” said Mr. Young.

SOUTHERN MISSOURI BANCORP AND CITIZENS BANCSHARES CO. ANNOUNCE DEADLINE FOR ELECTION OF FORM OF MERGER CONSIDERATION

Retrieved on: 
Friday, January 6, 2023

Poplar Bluff, Missouri, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, "Southern Missouri"), the parent company of Southern Bank, and Citizens Bancshares Co. ("Citizens"), the parent company of Citizens Bank and Trust Company, today jointly announced that, in connection with Southern Missouri’s pending acquisition of Citizens, the election deadline for record holders of shares of Citizens’ common stock to elect the form of merger consideration they wish to receive in connection with the transaction is January 17, 2023, at 5:00 p.m. EST.

Key Points: 
  • Poplar Bluff, Missouri, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, "Southern Missouri"), the parent company of Southern Bank, and Citizens Bancshares Co. ("Citizens"), the parent company of Citizens Bank and Trust Company, today jointly announced that, in connection with Southern Missouri’s pending acquisition of Citizens, the election deadline for record holders of shares of Citizens’ common stock to elect the form of merger consideration they wish to receive in connection with the transaction is January 17, 2023, at 5:00 p.m. EST.
  • Shareholders who fail to make an election will receive whichever form of consideration is undersubscribed.
  • The transaction has been approved by Citizens’ and Southern Missouri’s shareholders and is also subject to customary closing conditions.
  • Neither Southern Missouri nor Citizens undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Southern Missouri Bancorp and Citizens Bancshares Co. Announce Agreement to Merge

Retrieved on: 
Tuesday, September 20, 2022

Poplar Bluff, Missouri, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, "Southern Missouri"), the parent corporation of Southern Bank, and Citizens Bancshares Co. ("Citizens"), the parent company of Citizens Bank and Trust Company, today announced the signing of a definitive merger agreement whereby Southern Missouri will acquire Citizens in a stock and cash transaction.

Key Points: 
  • Poplar Bluff, Missouri, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, "Southern Missouri"), the parent corporation of Southern Bank, and Citizens Bancshares Co. ("Citizens"), the parent company of Citizens Bank and Trust Company, today announced the signing of a definitive merger agreement whereby Southern Missouri will acquire Citizens in a stock and cash transaction.
  • Greg Steffens, Chairman and Chief Executive Officer of Southern Missouri, commented, Southern Missouri Bancorp is very pleased to announce this partnership with Citizens.
  • The registration statement will include a joint proxy statement of Citizens and Southern Missouri that also constitutes a prospectus of Southern Missouri, which will be sent to the shareholders of Citizens and Southern Missouri.
  • Alternatively, these documents, when available, can be obtained free of charge from Southern Missouri upon written request to Southern Missouri Bancorp, Inc., Attn: Investor Relations, 2991 Oak Grove Road, Poplar Bluff, Missouri, 63901, or by calling (573) 778-1800, or from Citizens upon written request to Citizens Bancshares Co., Attn: Bob Wright, 100 NE State Hwy 92, Smithville, Missouri, 64089.

Southern Missouri Bancorp Announces Executive Leadership Transition Plan

Retrieved on: 
Friday, March 11, 2022

Southern Missouri Bancorp, Inc. (NASDAQ: SMBC), the parent corporation of Southern Bank, today announced an executive leadership transition plan.

Key Points: 
  • Southern Missouri Bancorp, Inc. (NASDAQ: SMBC), the parent corporation of Southern Bank, today announced an executive leadership transition plan.
  • The Board also unanimously appointed Lora L. Daves as Executive Vice President and Chief Financial Officer, effective July 1, 2022.
  • Mr. Steffens holds a Bachelor of Science Degree in Business Administration-Accounting and Finance from the University of Central Missouri, Warrensburg, Missouri.
  • Southern Missouri Bancorp, Inc., is a Missouri corporation organized in 1994 to become the parent company of Southern Bank.

Southern Missouri Bancorp, Inc. Announces Completion of Merger with Fortune Financial Corporation

Retrieved on: 
Friday, February 25, 2022

Southern Missouri Bancorp, Inc. (Southern Missouri or the Company, NASDAQ: SMBC), parent company of Southern Bank, Poplar Bluff, Missouri, announced that its merger with Fortune Financial Corporation (Fortune), Arnold, Missouri, was completed today.

Key Points: 
  • Southern Missouri Bancorp, Inc. (Southern Missouri or the Company, NASDAQ: SMBC), parent company of Southern Bank, Poplar Bluff, Missouri, announced that its merger with Fortune Financial Corporation (Fortune), Arnold, Missouri, was completed today.
  • Following the completion of the merger, Southern Missouri now operates 52 banking facilities in Missouri, Illinois, and Arkansas.Greg Steffens, President and Chief Executive Officer of Southern Missouri, commented, We want to welcome the FortuneBank team members and customers to the Southern Bank family.
  • In conjunction with the merger, Daniel Jones, Founder, Chairman & CEO of Fortune, has joined the boards of directors of Southern Missouri and Southern Bank.
  • Southern Missouri paid approximately $31.7 million in merger consideration, comprised of stock and cash at a 60:40 ratio.

Southern Missouri Bancorp and Fortune Financial Corporation Announce Deadline for Election of Form of Merger Consideration

Retrieved on: 
Friday, February 11, 2022

Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, "Southern Missouri"), the parent corporation of Southern Bank, and Fortune Financial Corporation ("Fortune"), the parent company of FortuneBank, today jointly announced that, in connection with Southern Missouris pending acquisition of Fortune, the election deadline for record holders of shares of Fortunes common stock to elect the form of merger consideration they wish to receive in connection with the transaction is February 22, 2022 at 5:00 p.m. CST.

Key Points: 
  • Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, "Southern Missouri"), the parent corporation of Southern Bank, and Fortune Financial Corporation ("Fortune"), the parent company of FortuneBank, today jointly announced that, in connection with Southern Missouris pending acquisition of Fortune, the election deadline for record holders of shares of Fortunes common stock to elect the form of merger consideration they wish to receive in connection with the transaction is February 22, 2022 at 5:00 p.m. CST.
  • Shareholders with questions should contact PST toll-free at (800) 785-7782.
  • Shareholders who fail to make an election will receive whichever form of consideration is undersubscribed.
  • Any forward-looking statements are based upon management's beliefs and assumptions at the time they are made.

The Southern Bank Announces New Executive Leadership Team

Retrieved on: 
Wednesday, February 2, 2022

SARDIS, Ga., Feb. 1, 2022 /PRNewswire/ --The Southern Bank announces the appointment of its new executive leadership team, following the retirement of bank CEO and President Preston Conner.

Key Points: 
  • SARDIS, Ga., Feb. 1, 2022 /PRNewswire/ --The Southern Bank announces the appointment of its new executive leadership team, following the retirement of bank CEO and President Preston Conner.
  • With over 85 years of collective community banking experience, the team will position The Southern Bank for long-term growth while continuing to deliver for its existing customers, communities and shareholders.
  • "We thank Preston for his years of excellent service and commitment to our team and shareholders," says Frank Cole, Chairman of the Board for The Southern Bank.
  • In 2007, he organized and served as CEO of Southern Bank & Trust, a de-novo bank in Aiken, S.C.

Carolina State Bank Announces Addition of North Carolina Market President

Retrieved on: 
Friday, October 23, 2020

GREENSBORO, N.C., Oct. 23, 2020 /PRNewswire/ -- Carolina State Bank is pleased to announce Alex Jung as the North Carolina Market President of Carolina State Bank, a division of Blue Ridge Bank, N.A.

Key Points: 
  • GREENSBORO, N.C., Oct. 23, 2020 /PRNewswire/ -- Carolina State Bank is pleased to announce Alex Jung as the North Carolina Market President of Carolina State Bank, a division of Blue Ridge Bank, N.A.
  • Blue Ridge Bank, the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), has a local and independent team in the Piedmont Triad with Carolina State Bank.
  • Jung says, "I am extremely excited and proud to be joining the very progressive and dynamic Carolina State Bank team to help expand our North Carolina franchise.
  • Carolina State Bank is a division of Blue Ridge Bank, N.A., a subsidiary of Blue Ridge Bankshares, Inc. Chartered in 1893 as the Page Valley Bank of Virginia, today Blue Ridge Bank has additional branches throughout Virginia and North Carolina.

Pinnacle Bankshares Corporation and Virginia Bank Bankshares, Inc. Announce Extension of Virginia Bank Consideration Election Deadline

Retrieved on: 
Monday, October 19, 2020

Virginia Bank shareholders may contact Regan & Associates, Inc. at (800) 737-3426 with any questions about the election process.

Key Points: 
  • Virginia Bank shareholders may contact Regan & Associates, Inc. at (800) 737-3426 with any questions about the election process.
  • Pinnacle Bankshares Corporation is a locally managed community banking organization based in Central Virginia.
  • Virginia Bank Bankshares, Inc. is the bank holding company for Virginia Bank and Trust Company.
  • Pinnacle, Virginia Bank and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Pinnacle and Virginia Bank in connection with the merger.