Enterprise Bank & Trust, which operates in St. Louis, Kansas City and Phoenix, is expanding into New Mexico by acquiring the holding company of Los Alamos National Bank in a $213 million deal.
Los Alamos National Bank, operated by Trinity Capital Corp., had $1.3 billion in assets, $714 million in loans and $1.1 billion in deposits as of June 30. It operates six full-service branches in Los Alamos, Santa Fe and Albuquerque, New Mexico. As of June 30, it ranked first in deposit market share in the…
Source: The Business Journal
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