M&A - CIVISTA BANCSHARES, INC.
Form Type: 424B5
Filing Date: 2025-07-10
Corporate Action: Merger
Type: New
Accession Number: 000119312525157617
Filing Summary: Civista Bancshares, Inc. is offering common shares under a preliminary prospectus supplement dated July 10, 2025. On this date, Civista Bank entered into an Agreement and Plan of Merger with The Farmers Savings Bank (FSB), wherein FSB will merge into Civista Bank, with Civista as the surviving entity. Consideration for the merger includes $34.9 million in cash and approximately 1,434,491 common shares of Civista. This transaction is not conditioned upon the offering of the common shares and is anticipated to close in the fourth quarter of 2025. Civista Bancshares is a financial holding company primarily focused on banking services provided through Civista Bank. As of March 31, 2025, Civista reported total consolidated assets of about $4.1 billion. The merer is aimed to enhance competitive positioning and growth by expanding Civista's market reach and operational capabilities.
Additional details:
Common Shares Offered: value not specified
Fsb Merger Cash Consideration: 34.9 million
Fsb Merger Shares Consideration: 1,434,491
Fsb Total Assets: 285 million
Fsb Total Deposits: 233 million
Fsb Shareholders Equity: 51 million
Form Type: 8-K
Filing Date: 2025-07-10
Corporate Action: Acquisition
Type: New
Accession Number: 000095017025095020
Filing Summary: On July 10, 2025, Civista Bancshares, Inc. announced that senior management would meet with investors to discuss an opportunistic follow-on offering and the acquisition of The Farmers Savings Bank. This presentation aims to provide insights into the company's recent strategic moves and financial positioning. Civista Bancshares is a $4.1 billion financial holding company headquartered in Sandusky, Ohio, and operates 42 locations across Ohio and neighboring states, providing a range of banking and financial services. The company emphasized the significance of this acquisition in enhancing its market presence and service offerings to clients.
Additional details:
Investor Meeting Time: 4:45PM
Acquisition Target: The Farmers Savings Bank
Investor Presentation Exhibit: Exhibit 99.1
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