Ergo Bank in Markesan, Wis., has agreed to buy Farmers & Merchants Bank of Kendall in Wisconsin.
The $138 million-asset Ergo submitted its application to buy the $79 million-asset Farmers & Merchants on Wednesday.
Farmers & Merchants, formed in 1913, has three branches, $60 million of loans and $64.8 million of deposits.
The application wasn’t immediately available.