Civista Bancshares Merges with The Farmers Savings Bank, Enhancing Community Banking in Ohio
On November 6, 2025, Civista Bancshares, Inc. (NASDAQ: CIVB), the parent organization of Civista Bank, announced the successful culmination of its merger with The Farmers Savings Bank, a community-oriented financial institution based in Spencer, Ohio. This merger represents a critical strategic growth for Civista as it enhances its operations in Medina and Lorain Counties, showcasing its ongoing commitment to addressing the banking needs of local communities with tailored solutions.
The merger significantly boosts Civista's portfolio, adding two new branches and approximately $236 million in low-cost deposits. According to financial metrics from September 30, 2025, the combined entity will possess an impressive $4.4 billion in total assets, $3.2 billion in net loans, and $3.5 billion in total deposits. These metrics not only reflect the scale of the merger but also the potential for future growth and community support through an expanded financial base.
Dennis G. Shaffer, President and CEO of Civista Bancshares, expressed his enthusiasm about the merger, stating, "This merger represents a substantial advance in our goal to provide outstanding community banking services." He further emphasized, "We are excited to incorporate Farmers Savings Bank into the Civista family. Together, we will leverage our collective strengths to enhance commercial lending capabilities, utilize excess liquidity effectively, and deepen our connections throughout Northeast Ohio and beyond."
Similarly, Tom Lee, who serves as President and CEO of The Farmers Savings Bank, highlighted the benefits of the merger for their clientele, saying, "Joining Civista enables us to uphold our tradition of community-centric banking while gaining access to more resources and expertise. Our customers will experience enhanced services and a wider network while keeping the personal touch they have come to expect from us."
The transition process includes a system conversion set for the first quarter of 2026. Until that time, Farmers Savings Bank customers can continue to access their banking services without disruption, with regular communications and support provided throughout the merger journey.
Civista Bancshares has been a significant player in Ohio's banking landscape since 1884, with its headquarters located in Sandusky. The bank's offerings encompass full-service banking, commercial lending, mortgage, and wealth management services. With 44 branches operating across Ohio, Southeastern Indiana, and Northern Kentucky, Civista Bank also provides commercial equipment leasing services nationwide through its Civista Leasing and Finance Division. The NASDAQ-listed Civista Bancshares continues to evolve, meeting market demands while ensuring a strong community focus. The merger with Farmers Savings Bank marks another step in this journey, paving the way for enhanced capabilities and community support in Northeast Ohio. For more details about Civista Bancshares, visit their official website at www.civb.com.
The merger significantly boosts Civista's portfolio, adding two new branches and approximately $236 million in low-cost deposits. According to financial metrics from September 30, 2025, the combined entity will possess an impressive $4.4 billion in total assets, $3.2 billion in net loans, and $3.5 billion in total deposits. These metrics not only reflect the scale of the merger but also the potential for future growth and community support through an expanded financial base.
Dennis G. Shaffer, President and CEO of Civista Bancshares, expressed his enthusiasm about the merger, stating, "This merger represents a substantial advance in our goal to provide outstanding community banking services." He further emphasized, "We are excited to incorporate Farmers Savings Bank into the Civista family. Together, we will leverage our collective strengths to enhance commercial lending capabilities, utilize excess liquidity effectively, and deepen our connections throughout Northeast Ohio and beyond."
Similarly, Tom Lee, who serves as President and CEO of The Farmers Savings Bank, highlighted the benefits of the merger for their clientele, saying, "Joining Civista enables us to uphold our tradition of community-centric banking while gaining access to more resources and expertise. Our customers will experience enhanced services and a wider network while keeping the personal touch they have come to expect from us."
The transition process includes a system conversion set for the first quarter of 2026. Until that time, Farmers Savings Bank customers can continue to access their banking services without disruption, with regular communications and support provided throughout the merger journey.
Civista Bancshares has been a significant player in Ohio's banking landscape since 1884, with its headquarters located in Sandusky. The bank's offerings encompass full-service banking, commercial lending, mortgage, and wealth management services. With 44 branches operating across Ohio, Southeastern Indiana, and Northern Kentucky, Civista Bank also provides commercial equipment leasing services nationwide through its Civista Leasing and Finance Division. The NASDAQ-listed Civista Bancshares continues to evolve, meeting market demands while ensuring a strong community focus. The merger with Farmers Savings Bank marks another step in this journey, paving the way for enhanced capabilities and community support in Northeast Ohio. For more details about Civista Bancshares, visit their official website at www.civb.com.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.