Baton Rouge, La. – Business First Bancshares, Inc. (Business First) (NASDAQ: BFST), the holding company for b1BANK, and Pedestal Bancshares Inc. (Pedestal) have jointly announced that as of April 21, 2020, shareholders of both holding companies have approved the previously announced merger.
The pending transaction first announced on January 22, 2020, has received all customary regulatory approvals, and is expected to close May 1, 2020.