NMB&T NEWS
New Mexico Bank & Trust, a wholly-owned subsidiary of Heartland Financial USA, Inc. (NASDAQ: HTLF), announced today that it completed its acquisition of FNB New Mexico at the close of business on Friday, February 19. FNB New Mexico is a wholly-owned subsidiary of FirstBank & Trust, headquartered in Lubbock, TX.
In connection with the closing, New Mexico Bank & Trust acquired six FNB New Mexico locations in New Mexico and assumed all deposits and liabilities of FNB New Mexico. They also acquired one branch from FirstBank & Trust located in Dalhart, Texas, assuming certain deposits and liabilities of FirstBank & Trust. The combination creates Heartland’s 3