January 3, 2018
Baton Rouge, LA – Business First Bancshares, Inc. (Business First), Baton Rouge, Louisiana, has completed its acquisition of Minden Bancorp, Inc. (MBI) and its wholly owned subsidiary MBL Bank, Minden, Louisiana. The acquisition became effective January 1, 2018, upon the mergers of MBI and MBL Bank with and into Business First and b1BANK, respectively, with Business First and b1BANK surviving the mergers in accordance with the terms of the previously announced agreement.
“This merger is another important momentum builder for us on our journey to be the region’s most influential business-focused community bank,” said Jude Melville, President and CEO of Business First. “We welcome MBL Bank customers and employees to b1BANK and are looking forward to working and growing together in the coming years,” added Mr. Melville.