Final Date for Merger of Two Area Banks Announced

December will see the final stage of the merger of two Lakes Region Banks.

The complete release below is from Alton Bancshares:

Alton Bancshares, Inc., the parent company of Table Rock Community Bank and First Community Bank of the Ozarks, Member FDIC, is pleased to announce that the highly anticipated merger is scheduled to commence at close of business on Friday, December 6th, and will be finalized by open of business on Monday, December 9th. As previously announced, following completion of the merger all branches will operate under the name of Table Rock Community Bank.

First Community Bank of the Ozarks currently operates three branches serving Taney County located in Hollister, Forsyth, and Branson. Table Rock Community Bank operates branches in Kimberling City, Branson West, Crane, and Springfield. Both banks, owned locally by parent company Alton Bancshares, are known for their community involvement, customer relationships and commitment to local decision-making, ensuring banking decisions benefit the communities they serve.

"This merger marks a significant milestone for our organization and the communities we serve” Remarked Chairman of the Board, Kendall Combs. “By uniting First Community Bank of the Ozarks and Table Rock Community Bank under one brand, Table Rock Community Bank, we are better positioned to serve our customers with expanded resources and a steadfast commitment to local values." 

The merger will ultimately provide customers with an expanded selection of banking solutions and enhanced convenience, boasting a combined total of seven locations across three counties. With assets exceeding $345 million, the merged entity is poised to further strengthen its financial offerings and uphold its dedication to community-focused banking.

"We are very excited for this opportunity!  Both banks have incredible team members and demonstrate a commitment of community involvement” says Charles Hachtel, CEO. “Together, our team will continue to deliver personalized service and local decision-making that support the individuals, businesses and the communities we serve."