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TriCo Bancshares (“TriCo”) (TCBK) announced that it has completed its previously-announced merger with FNB Bancorp (“FNB”) (FNBG) as of July 6, 2018. The newly combined company, operating as TriCo Bancshares with its banking subsidiary, Tri Counties Bank, has total assets of approximately $6.1 billion. “We are excited to combine two community-focused financial institutions who are both significantly involved in the markets they serve,” said Richard P. Smith, President and CEO of the newly combined Tri Counties Bank.
TriCo Bancshares (“TriCo”) (TCBK) and FNB Bancorp (“FNB”) (FNBG) today announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System to move forward with the merger of FNB with and into TriCo. The California Department of Business Oversight and Federal Deposit Insurance Corporation had previously approved the merger of FNB’s subsidiary, First National Bank of Northern California, with and into TriCo’s subsidiary, Tri Counties Bank.
TriCo Bancshares (“TriCo”) (TCBK) and FNB Bancorp (“FNB”) (FNBG) today announced that each company has received the requisite shareholder approval for the merger of FNB with and into TriCo (“Merger”) that was announced on December 11, 2017. In addition, TriCo and FNB announced the receipt of regulatory approval from the Federal Deposit Insurance Corporation regarding the merger of First National Bank of Northern California with and into Tri Counties Bank, the wholly owned subsidiaries of FNB and TriCo, respectively.
SAN FRANCISCO, CA / ACCESSWIRE / May 29, 2018 / FNB Bancorp (NASDAQ: FNBG), the parent company of First National Bank of Northern California, on May 29, 2018 declared a quarterly cash dividend of $0.13 ...