10/15/2026
๐๐ฎ๐ฅ๐ฅ๐ข๐ฏ๐๐ง ๐๐๐ง๐ค ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐ฌ ๐๐ ๐ซ๐๐๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ช๐ฎ๐ข๐ซ๐ ๐๐๐ง๐ค ๐จ๐ ๐๐ซ๐จ๐๐ค๐๐ซ
๐๐๐๐๐๐๐๐, ๐๐. โ Sullivan Bank announced today that it has signed a definitive agreement to acquire Bank of Crocker, a community bank with approximately $144 million in assets and four locations in St. Robert, Waynesville, Richland, and Crocker, Missouri.
Sullivan Bank, with approximately $1.4 billion in assets and 11 locations, views the acquisition as a natural extension of its existing geographic footprint. Upon completion of the transaction, the combined organization will have approximately $1.54 billion in assets and 15 banking locations serving communities throughout the region.
โWe are very excited about the opportunity to welcome Bank of Crockerโs customers and employees to Sullivan Bank,โ said Michael Hoffman, CEO. โBank of Crocker has a strong tradition of serving its customers and communities, and its locations are an excellent geographic fit with our existing footprint. We believe our organizations share a similar commitment to relationship banking and supporting the communities we serve.โ
โWe believe Sullivan Bank is an excellent fit for Bank of Crocker, our customers, employees, and the communities we have proudly served for generations,โ said Susan Neuman, CEO of Bank of Crocker. โSullivan Bank shares our commitment to community banking, personal relationships, and local decision-making. By joining Sullivan Bank, our customers will continue to receive the personal service they know and trust while gaining access to expanded lending capacity and a broader range of financial products and services. We are excited about what this partnership means for the future of our customers, employees, and communities.
The combination will enhance Sullivan Bankโs lending capacity, strengthen its deposit base, and provide customers with access to a broader range of financial products and services. Just as importantly, Sullivan Bank intends to build upon Bank of Crockerโs longstanding community relationships and commitment to local decision-making and personalized service.
โThis transaction represents an important step in the continued growth of Sullivan Bank,โ said Hoffman. โAs we grow, our focus remains the same: building lasting relationships with our customers, investing in our communities, and providing the financial resources and services our customers need to succeed.โ
The transaction is subject to customary closing conditions, including regulatory approvals. Additional information regarding the transaction and transition will be shared with customers, employees, and communities as it becomes available.
๐๐๐จ๐ฎ๐ญ ๐๐ฎ๐ฅ๐ฅ๐ข๐ฏ๐๐ง ๐๐๐ง๐ค
Sullivan Bank is a Missouri-based community bank established in 1895 with approximately $1.4 billion in assets and 11 locations. Sullivan Bank provides a comprehensive range of banking and financial services while maintaining a strong commitment to personalized service, local decision-making, and the communities it serves. Sullivan Bank is a locally owned financial institution chartered by the State of Missouri. We are a member of the Federal Deposit Insurance Corporation (FDIC).
๐๐๐จ๐ฎ๐ญ ๐๐๐ง๐ค ๐จ๐ ๐๐ซ๐จ๐๐ค๐๐ซ
Bank of Crocker is a Missouri community bank with approximately $144 million in assets and locations in St. Robert, Waynesville, Richland, and Crocker. The bank has a longstanding tradition of serving individuals, families, businesses, and communities throughout its market area since 1911.
