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Acquired | Acquired

About National Bancshares

National Bancshares is the parent of THE National Bank, headquartered in Bettendorf, Iowa. National Bancshares has an established history of serving its communities for over 12 years. As of September 2013, National Bancshares had approximately $900 million in assets. Its community banking subsidiary, THE National Bank, member FDIC and Equal Housing Lender, offers personal checking accounts, savings accounts, CDs, money market, HSA, IRA, NOW and business accounts, as well as consumer, commercial and mortgage loans from 19 branches and 3 loan production offices located throughout Iowa, Illinois and Wisconsin.

National Bancshares Headquarter Location

852 Middle Road

Bettendorf, Iowa, 52722,

United States

563-344-3935

Latest National Bancshares News

VeraBank, Inc.’s Acquisition Of Panola National Bancshares

Jan 12, 2021

Stinson LLP advised Panola National Bancshares, Inc. on the deal. Panola National Bancshares, Inc., and its wholly-owned subsidiary, Panola National Bank, Carthage, Texas, entered into a definitive agreement concerning Panola’s acquisition by VeraBank, Inc., and its wholly-owned subsidiary, VeraBank, National Association, Henderson, Texas. Panola National Bank reported assets of $125.3 million to S&P Global Market Intelligence as of September 30, 2020, while VeraBank reported $2.89 billion in assets as of the same date. The transaction is subject to the approval of Panola’s shareholders and regulatory approval, and is expected to close in the first quarter of 2021. The Stinson team was led by Robert Flowers (Picture).

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