Cecilia

By wmadministrator

The Cecilian Bank has purchased two banking offices of Integra Bank, located in Hardinsburg and Leitchfield, Ky. As part of the acquisition, Cecilian has assumed approximately $45 million in deposit liabilities related to the two branches and $15 million in branch loans. Cecilian has also agreed to acquire a pool of commercial real estate loans from Integra, valued at $27 million. With the acquisition, The Cecilian Bank will have 11 banking centers with eight locations in Hardin County, two locations in Grayson County and one location in Breckinridge County. The transaction will place The Cecilian Bank with total assets of approximately $450 million and deposits of approximately $370 million.

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