Stillwater, Okla.-based Bank SNB now has an operating presence in Colorado. Bank SNB, a subsidiary of Southwest Bancorp, completed its previously announced acquisition of First Commercial Bank, the company said Monday. Bank SNB gained five more branches in the Oklahoma City area. Four First Commercial Bank locations in Colorado — in Englewood, Highlands Ranch, Lone Tree and Colorado Springs — will be rebranded as Bank SNB. The deal increased Bank SNB’s assets by $300 million to $2.3 billion, officials said. Bank SNB, which now has 33 branches in four states, said the deal provides a “strategic entry point” into Colorado with an opportunity to expand the market. Alicia Wallace: 303-954-1939, awallace@denverpost.com or @aliciawallace
Oklahoma's SNB bank has completed its acquisition of First Commercial Bank of Edmond, increasing the SNB's total assets by $300 million to $2.3 billion, as part of a merger; SNB has kept a "vast majority" of First Commercial's workforce.