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Iowa bank deposits, loans decline slightly in first quarter

Summary by Business Record
Recent bank merger and acquisition activity contributed to modest declines in deposits and loans at Iowa banks in 2026’s first quarter, according to Iowa Bankers Association. In late February, Mattoon, Ill.-based First Mid Bancshares completed its acquisition of Two Rivers Financial Group in Burlington, a deal that transferred about $1 billion in deposits and $883…
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Business Record broke the news on Thursday, May 28, 2026.
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