Springfield, Missouri-based Springfield Bancshares, Inc. and its wholly owned subsidiary, SFC Bank, have announced the signing of a definitive agreement to merge with QCR Holding, Inc. (NASDAQ: QCRH). The transaction is expected to close during the third quarter of 2018.
D.A. Davidson & Co. acted as exclusive financial advisor to Springfield Bancshares in the $86.7 million transaction. This is the 102nd publicly announced M&A advisory transaction for D.A. Davidson’s Financial Institutions Group since 2011.
Full details of the transaction can be found here.