Press "Enter" to skip to content

Parent co. of a top 10 NM bank to be acquired

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

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *