Community Financial Corp. to acquire Egyptian Bancshares Inc., the Egyptian State Bank and Saline County State Bank.OLNEY Olney is the name of a place in the United Kingdom:
CFIC Central Florida Innovation Corporation CFIC Canadian Food Industry Council CFIC Central Flight Instructor Course CFIC Christian Friends of Israeli Communities CFIC Canadian Forest Industries Council ), the holding company for Community Bank & Trust, N.A., and Egyptian Bancshares Inc., the holding company for The Egyptian State Bank and Saline County Saline County is the name of several counties in the United States:
The Egyptian State Bank has one office, located in Carrier Mills, Ill., with total assets of $24.9 million, and Saline County State Bank has two offices, located in Stonefort and Creal Springs, Ill., with total assets of $16.4 million. It is anticipated that both banks will remain as separate bank subsidiaries of Community Financial Corp. following the acquisition. Most of the existing directors of the banks have agreed to continue to serve as directors of the banks. All staff members will be retained to ensure the high level of service the customers have come to expect. "Community Financial Corp. is very enthusiastic about its agreement to purchase Egyptian Bancshares Inc.," stated Shirley Shir·ley , William 1694-1771. British colonial administrator who was governor of Massachusetts (1741-1749 and 1753-1756) and commanded British forces in the French and Indian War. B. Kessler Kessler may refer to:
Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs E. Overstreet, president of both The Egyptian State Bank and Saline County State Bank, said, "We believe that affiliation with Community Bank & Trust will enable us to enhance our product offerings and better serve our communities. Community Bank & Trust provides the same kind of personal service that has been the foundation of our growth. We are confident that our customers will benefit from this affiliation." The acquisition would result in consolidated assets for Community Financial Corp. of approximately $224.0 million, consolidated loans of approximately $137.6 million, and consolidated deposits of approximately $174.1 million based on March 31, 1997 financial information. The acquisition is expected to be completed in the fourth quarter of 1997 and is subject to various conditions, including regulatory approval and the approval of the shareholders of Egyptian Bancshares Inc. Community Financial Corp. is the bank holding company for Community Bank & Trust, N.A. Community Bank & Trust, N.A. operates five offices serving Richland, Coles, Jasper, Lawrence, and Wayne counties Wayne County is the name of sixteen counties in the United States of America, some named for the American Revolutionary War general Anthony Wayne:
Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. . CONTACT: Community Financial Corp. Shirley B. Kessler, 618/395-8676 |
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