HNB Financial Services Inc.

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Mercantile Bancorp to Acquire Missouri-based HNB Financial

Feb 09, 2007By

Mercantile Bancorp, Inc. said Thursday that it had reached a definitive agreement to acquire privately-held HNB Financial Services, Inc., based in Hannibal, Missouri, in an all cash transaction valued at $30.2 million. HNB Financial is the parent of HNB Bank, which had $161.4 million in assets as of December 31, 2006 and has five full-service banking locations in eastern Missouri.