Hawthorn Bancshares, the Missouri-based holding company of Hawthorn Bank, completed the merger of FSC Bancshares with and into Hawthorn, with Hawthorn continuing as the surviving corporation, and the merger of FSC’s wholly-owned banking subsidiary, Farmers State Bank, Cameron, Missouri, with and into Hawthorn Bank, with Hawthorn Bank continuing as the surviving bank. The mergers became effective on Sept. 3, 2026.
“We welcome the Farmers State Bank team, customers and communities to Hawthorn,” Brent Giles, CEO of Hawthorn, said. “This partnership allows us to bring greater resources, expanded financial solutions and enhanced capabilities to customers while preserving the relationship-based service and community focus that define both organizations.”
The combined company now has total assets of approximately $2.2 billion. With the acquisition complete, Hawthorn Bank will initiate the integration of Farmers State Bank into its platform, with customer conversion anticipated to take place during Q1/27. In the meantime, Farmers State Bank customers will continue to receive service through their existing banking centers, website and mobile app. Hawthorn Bank will provide detailed information to Farmers State Bank customers prior to the conversion.
Hawthorn Bank, headquartered in Jefferson City, Missouri, now operates twenty-seven banking locations across northern, central, western and mid-Missouri, with one location in Kansas.
Raymond James & Associates served as financial advisor to Hawthorn Bancshares, and Hunton Andrews Kurth served as its legal counsel. Northland Capital Markets served as financial advisor to FSC Bancshares, and Stinson served as its legal counsel. Olsen Palmer rendered a fairness opinion to FSC.
