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Guaranty Bancorp and Home State Bancorp to Merge

Guaranty Bank & Home State Bank

  • March 16, 2016
  • Two premier community bank holding companies to join to form one of the largest bank holding companies based in the state of Colorado
  • Combined company to have approximately $3.3 billion in total assets and $2.5 billion in total deposits
  • Broader selection of products and services, expanded locations and ATM network are some of the benefits to Colorado businesses and consumers
  • EPS accretion of approximately 14.8% in 2017

Guaranty Bancorp (NASDAQ: GBNK), the holding company for Guaranty Bank and Trust Company, and Home State Bancorp, the holding company for Home State Bank, today announced the signing of a definitive merger agreement, creating one of the largest Colorado-based bank holding companies. Following the closing of the transaction, Home State Bank will be merged into Guaranty Bank and Trust Company.

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