Miners and Merchants Bancorp, Inc. (“Miners and Merchants”), the parent company of TruPoint Bank (“TruPoint”), and First Community Corporation (“First Community”), the parent company of First Community Bank (“FCB”), jointly announced the signing of a definitive merger agreement whereby Miners and Merchants will acquire First Community and FCB.
Olsen Palmer LLC serves as financial advisor to Miners and Merchants Bancorp, Inc.
The transaction, which has been approved by the Board of Directors of each company and is subject to shareholder and regulatory approval, is expected to close late in the third quarter of 2025 or early in the fourth quarter of 2025.
Olsen Palmer remains the #2 sell-side bank M&A advisor nationwide – and a top 3 overall bank M&A advisor – based on the number of transactions advised upon since 2020 according to S&P Global.