Buckeye State Bancshares in Powell, Ohio, has agreed to buy Rockhold Bancshares in Bainbridge, Ohio.
The parent of the $320 million-asset Buckeye State Bank expects to complete the purchase of Rockhold and its $46.6 million-asset bank in the third quarter, according to an announcement by Performance Trust Capital Partners, which advised Buckeye State.
The price wasn’t disclosed.
Rockhold Bank has two branches, $29 million of loans and $40.9 million of deposits.