St. Louis, Mo.-based Enterprise Bank & Trust acquired the operating assets of Gorman & Gorman Home Loans, a division of F&M Bank and Trust Company.

Following the acquisition, 30 mortgage producers, underwriters and operations staff members in St. Louis, Cape Girardeau and Springfield, Mo., will join Enterprise. 

Additionally, Mark Gorman, founder and president of Gorman & Gorman, will become president of Enterprise Home Loans, the bank’s mortgage lending division. 

Scott Goodman, president of Enterprise Bank & Trust, said, “We now have a greatly expanded capability to advise our clients on mortgage solutions and the resources to offer a complete suite of products.”