Schiff Hardin Represents First Mid-Illinois Bancshares in Its Pending Acquisition of SCB Bancorp, Inc.
Schiff Hardin is representing First Mid-Illinois Bancshares, Inc. in the pending acquisition of all of the outstanding stock of SCB Bancorp, Inc.
Schiff Hardin is representing First Mid-Illinois Bancshares, Inc. in the pending acquisition of all of the outstanding stock of SCB Bancorp, Inc. The deal is valued at approximately $70.4 million. SCB is the holding company for Soy Capital Bank & Trust and its wholly owned subsidiary, J.L. Hubbard Insurance and Bonds. The transaction is expected to close in late 2018.
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