First Financial Bancorp and MainSource Financial Group announced their agreement to form a new, preeminent community bank in Ohio, Indiana and Kentucky.
The merger combines two high-performing Midwest community banks to create a $13 billion institution with scale and strength in commercial and retail banking, wealth management and specialty finance. The companies’ mutual understanding of markets, shared credit culture and common banking approach create an excellent fit for both organizations.
Claude E Davis will transition into the role of Executive Chairman and Archie M. Brown, Jr. will serve as President and Chief Executive Officer of the merged entity at the close of the merger.
The new combined company will operate as First Financial Bank and will be headquartered in Cincinnati, OH.