Civista Bancshares, Inc. and The Farmers Savings Bank Announce Receipt of Regulatory Approvals for Proposed Merger
Civista Bancshares (NASDAQ: CIVB) and The Farmers Savings Bank announced they have received all required bank regulatory approvals for the proposed merger of Farmers into Civista Bank, subject to customary conditions and the federal waiting period.
Farmers shareholders will vote on the merger on November 4, 2025; the parties intend to close in November 2025 pending shareholder approval and closing conditions. The system conversion is expected in Q1 2026. Civista is described as a $4.2 billion holding company operating 42 locations; Farmers is described as a $285 million bank with two locations. A Registration Statement on Form S-4 and a definitive proxy/prospectus have been filed and mailed to Farmers shareholders.
Civista Bancshares (NASDAQ: CIVB) e The Farmers Savings Bank hanno annunciato di aver ottenuto tutte le necessarie autorizzazioni regolatorie bancarie per la fusione proposta dei Farmers in Civista Bank, soggetta a condizioni consuete e al periodo di attesa federale.
Gli azionisti di Farmers voteranno sulla fusione il 4 novembre 2025; le parti hanno intenzione di chiudere entro novembre 2025 previa approvazione degli azionisti e condizioni di chiusura. Si prevede la conversione del sistema nel Q1 2026. Civista è descritto come una holding company da 4,2 miliardi di dollari con 42 sedi; Farmers è descritto come una banca da 285 milioni di dollari con due sedi. Una dichiarazione di registrazione sul Modulo S-4 e un proxy/prospectus definitivo sono stati presentati e spediti agli azionisti di Farmers.
Civista Bancshares (NASDAQ: CIVB) y The Farmers Savings Bank anunciaron que han recibido todas las aprobaciones regulatorias bancarias requeridas para la fusión propuesta de Farmers en Civista Bank, sujeta a condiciones habituales y al periodo de espera federal.
Los accionistas de Farmers votarán sobre la fusión el 4 de noviembre de 2025; las partes tienen la intención de cerrar en noviembre de 2025 sujeto a la aprobación de los accionistas y a las condiciones de cierre. Se espera la conversión del sistema en el PRIMER TRIMESTRE de 2026. Civista se describe como una sociedad tenedora de 4.2 mil millones de dólares que opera 42 sucursales; Farmers se describe como un banco de 285 millones de dólares con dos sucursales. Se ha presentado una Declaración de Registro en Formulario S-4 y un proxy/prospecto definitivo ha sido enviado a los accionistas de Farmers.
Civista Bancshares (NASDAQ: CIVB) 와 The Farmers Savings Bank는 Farmers를 Civista Bank로의 제안된 합병에 대해 필요한 모든 은행 규제 승인을 받았으며, 일반적인 조건 및 연방 대기 기간의 예외 조건에 따라 진행될 것이라고 발표했습니다.
Farmers 주주들은 2025년 11월 4일에 합병에 대해 표결할 것이며; 양 당사자는 2025년 11월 내에 주주 승인 및 마감 조건에 따라 마감을 목표로 하고 있습니다. 시스템 변환은 2026년 1분기에 예상됩니다. Civista는 42개 지점을 운영하는 42억 달러 규모의 지주회사로 설명되며, Farmers는 두 곳의 지점을 가진 2억 8500만 달러 규모의 은행으로 설명됩니다. S-4 등록서와 최종 프록시/프로스펙터스가 Farmers 주주들에게 제출되어 우편으로 발송되었습니다.
Civista Bancshares (NASDAQ: CIVB) et The Farmers Savings Bank ont annoncé avoir obtenu toutes les autorisations réglementaires bancaires requises pour la fusion proposée de Farmers dans Civista Bank, sous réserve des conditions habituelles et de la période d’attente fédérale.
Les actionnaires de Farmers voteront sur la fusion le 4 novembre 2025; les parties ont l’intention de clôturer en novembre 2025 sous réserve de l’approbation des actionnaires et des conditions de clôture. La conversion du système est attendue au 1er trimestre 2026. Civista est décrit comme une société de portefeuille de 4,2 milliards de dollars opérant 42 agences; Farmers est décrit comme une banque de 285 millions de dollars avec deux agences. Une Déclaration d’Enregistrement au Formulaire S-4 et un proxy/prospectus définitif ont été déposés et envoyés aux actionnaires de Farmers.
Civista Bancshares (NASDAQ: CIVB) und The Farmers Savings Bank gaben bekannt, dass sie alle erforderlichen bankaufsichtsrechtlichen Genehmigungen für die vorgeschlagene Fusion von Farmers in Civista Bank erhalten haben, vorbehaltlich üblicher Bedingungen und der bundesweiten Wartezeit.
Die Farmers-Aktionäre werden über die Fusion am 4. November 2025 abstimmen; die Parteien beabsichtigen, im November 2025 abzuschließen, vorbehaltlich der Zustimmung der Aktionäre und der Abschlussbedingungen. Die Systemumstellung wird voraussichtlich im Q1 2026 erfolgen. Civista wird als eine Holdinggesellschaft mit 4,2 Milliarden USD beschrieben, die 42 Standorte betreibt; Farmers wird als eine Bank mit 285 Millionen USD und zwei Standorten beschrieben. Eine Registrierungserklärung auf Formular S-4 und ein endgültiges Proxy/Prospekt wurden eingereicht und den Farmers-Aktionären zugestellt.
Civista Bancshares (NASDAQ: CIVB) وThe Farmers Savings Bank أعلنا أنهما قد حصلا على جميع الموافقات التنظيمية المصرفية اللازمة للاندماج المقترح لفارمرز في Civista Bank، مع مراعاة الشروط المعتادة وفترة الانتظار الفدرالية.
سيصوت المساهمون في Farmers على الاندماج في 4 نوفمبر 2025; تنوي الأطراف الإغلاق في نوفمبر 2025 رهناً بموافقة المساهمين وبشروط الإغلاق. من المتوقع أن يتم تحويل النظام في الربع الأول من 2026. توصف Civista بأنها شركة قابضة تبلغ 4.2 مليار دولار وتدير 42 موقعاً؛ وتوصف Farmers بأنها بنك تبلغ قيمته 285 مليون دولار وله موقعان. تم تقديم بيان التسجيل على النموذج S-4 ونشرة الوكالة/المرشح النهائي إلى مساهمي Farmers.
Civista Bancshares (NASDAQ: CIVB) 与 The Farmers Savings Bank 宣布，已获得将 Farmers 合并入 Civista Bank 所需的所有银行监管批准，条件遵循常规条件及联邦等待期。
Farmers 的股东将于 2025 年 11 月 4 日 就合并进行投票；双方计划在 2025 年 11 月 内完成收购，前提是获得股东批准并满足成交条件。系统转换预计在 2026 年第一季度 进行。Civista 被描述为一家运营 42 个地点、资产规模约 42 亿美元 的控股公司；Farmers 被描述为一家资产约 2.85 亿美元、设有两个地点的银行。已经提交并寄送给 Farmers 股东的，是一份以 Form S-4 的注册声明及一份最终代理/招股说明书。
- Received all required bank regulatory approvals
- Planned closing in November 2025 pending vote
- System conversion scheduled for Q1 2026
- Combines Civista ($4.2B) with Farmers ($285M)
- Merger subject to Farmers shareholder vote on Nov 4, 2025
- Integration may divert management and reduce momentum
- Possible unforeseen liabilities of Farmers noted as a risk
Insights
Regulatory approval clears the path for a November closing; Farmers shareholders must still approve on
The merger joins Civista Bancshares, Inc. and The Farmers Savings Bank by folding Farmers into Civista Bank upon closing. The deal increases Civista's Ohio footprint while keeping operations under the Civista Bank brand. The filing discloses Civista as a
Completion depends on the Farmers shareholder vote and satisfaction of customary closing conditions. The companies received all required regulatory approvals, but the proxy warns of integration risks, possible undisclosed liabilities, and management distraction. The system conversion is planned for
Key items to watch: the shareholder vote on
Pending the adoption and approval of the merger agreement by the Farmers shareholders at the meeting of shareholders to be held on November 4, 2025, and the satisfaction of certain other customary closing conditions under the merger agreement, the parties intend to close the transaction in November 2025, as soon as reasonably practicable following the Farmers shareholder meeting. The system conversion is expected to occur in the first quarter of 2026.
"We are pleased to have received regulatory clearance for this strategic partnership," said Dennis G. Shaffer, CEO of Civista. "This merger represents a meaningful opportunity to expand our presence in
Upon completion of the merger, Farmers will be integrated into Civista Bank. The combined organization will operate under the Civista Bank brand and continue to provide community-focused banking services across its expanded footprint.
About Civista Bancshares, Inc. :
Civista Bancshares, Inc., is a
About The Farmers Savings Bank:
The Farmers Savings Bank is a
Important Additional Information and Where to Find It
The proposed merger will be submitted to the shareholders of Farmers for their consideration and approval. In connection with the proposed transaction, Civista has filed with the
Civista and Farmers and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Farmers shareholders with respect to the proposed merger. Information regarding the directors and officers of Civista is available in the proxy statement for Civista's 2025 annual meeting of shareholders, as filed with the SEC on March 10, 2025. Information about the directors and executive officers of Farmers regarding their interests and the interests of other persons who may be deemed participants in the transaction is set forth in the Proxy/Prospectus.
Investors and shareholders of Farmers may obtain copies at no charge of the Registration Statement on Form S-4 and the Proxy/Prospectus, and other documents filed with the SEC by Civista, through the website maintained by the SEC (www.sec.gov) and on the Investor Relations section of Civista's website (www.civb.com). Investors and shareholders may also obtain copies of these documents at no charge by directing a request to Civista Bancshares, Inc., 100 East Water Street P.O. Box 5016,
This communication is not intended to, and shall not, constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Forward-Looking Statements
Certain matters set forth in this Current Report on Form 8-K may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements express management's current expectations, estimates or projections of future events, results or long-term goals. All statements other than statements of historical fact, including statements regarding the proposed merger, are forward-looking statements. Forward-looking statements are generally identifiable by the use of words such as "believe," "expect," "anticipate," "plan," "intend," "estimate," "may," "will," "would," "could," "should" or other similar expressions. All statements in this Current Report on Form 8-K speak only as of the date they were made, and Civista undertakes no obligation to update any statement except to the extent required by law. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks, uncertainties and assumptions that are difficult to predict and could cause actual results or performance to differ from those expressed or implied by the forward-looking statements. Factors that could cause actual results or performance to differ from those discussed in the forward-looking statements include:
- risks related to the proposed merger with Farmers, including the risk that the partes may fail to complete the merger on the terms and timing currently contemplated or at all, and/or to realize the expected benefits of the merger;
- the risk that integration of Farmers may divert the attention of the management teams of Civista and Farmers and cause a loss of momentum in their ongoing businesses;
- the risk of unforeseen and underestimated liabilities of Farmers that may exist;
- business disruptions or loss of key employees in connection with the merger; and
- the other risks identified from time to time in Civista's public filings with the SEC, including those risks identified in "Item 1A. Risk Factors" of Part I of Civista's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and in "Item 1A. Risk Factors" of Part II of Civista's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.
These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.
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SOURCE Civista Bancshares, Inc.
FAQ
When will Farmers shareholders vote on the Civista (CIVB) merger?
What is the expected closing timeline for the Civista (CIVB) and Farmers merger?
When will Civista (CIVB) convert Farmers systems after the merger?
How large are Civista and Farmers by assets in the Civista (CIVB) merger announcement?
Will the combined banks continue under the Civista Bank brand after the CIVB merger?
Where can Farmers shareholders find the proxy/prospectus for the CIVB merger vote?
