InBank and Legacy Bank Announce Agreement to Merge

Denver, Colorado-based InBankshares, Corp (OTCQX: INBC) (the “Company” or “INBC”) and Wiley, Colorado-based Legacy Bank (“Legacy”) announced today that they entered into a definitive merger agreement pursuant to which Legacy will merge with and into InBank, the wholly-owned subsidiary of INBC, in a stock and cash transaction. Founded in 1907 and headquartered in Wiley, Colorado, Legacy is a full-service community bank with approximately $497 million in total assets, $316 million in gross loans and $426 million in deposits as of September 30, 2021. Legacy has nine...

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