Financial Advisor
Vista Bancshares, Inc.
M&A Advisory
Has Acquired
Transaction Details
- On January 30, 2023, Vista Bancshares, Inc. (“Vista”), the holding company for Vista Bank, announced that it has entered into a definitive agreement to acquire Charis Holdings, Inc. (“Charis”) and its subsidiary, Charis Bank
- Working with Charis’ historically strong core deposit base and partnering with their well-respected, community-leading investors, the transaction will expand Vista Bank’s footprint and lending ability
- Certain directors and executive officers of Charis Bank have entered into agreements with Vista Bank
- The transaction has been unanimously approved by the boards of directors of both Vista and Charis
Sources: Company Press Release and S&P Global Market Intelligence.
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1) Reflects financials as of December 31, 2022.
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