Wyoming Bank & Trust has entered into a definitive agreement to be acquired by First National Bank, with the transaction expected to enhance service capabilities and expand market reach.

Target Information

Wyoming Bank & Trust, a subsidiary of Farmers State Bankshares, Inc., has officially entered into a definitive agreement for its acquisition by First National Bank, a subsidiary of Capitol Bancorporation, Inc. This strategic move marks a significant milestone for both entities involved, aiming to enhance their market presence and service offerings in the region.

Currently, Wyoming Bank & Trust operates with two full-service branches and manages total assets amounting to $324 million as of March 31, 2025. Following the acquisition, the bank will rebrand as the First Wyoming Bank & Trust Branch of First National Bank, creating a merged institution with an anticipated total asset base of approximately $2.0 billion and an expanded reach of 18 banking offices.

Industry Overview in Wyoming

The banking industry in Wyoming has been witnessing steady growth, driven by increased economic activity and population growth in recent years. With a predominantly rural landscape, the