The Bank Slate


Murphy-Wall State to buy Oakdale State Bank in Illinois

Murphy-Wall State Bank and Trust in Pinckneyville, Ill., has agreed to buy Oakdale State Bank in Oakdale, Ill.

Murphy-Wall Bancorp, the parent of the $179.3 million-asset Murphy-Wall State did not disclose the price it will pay for the $25 million-asset Oakdale State.

“Murphy-Wall looks forward to this opportunity to serve a new market and is committed to ensuring a seamless transition for Oakdale State … staff and customers,” Matthew Bigham, Murphy-Wall Bancorp’s chairman, said in a press release.

BKFN Financial Institutions Group and Barack Ferrazzano Kirschbaum & Nagelberg advised Murphy-Wall.

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