Community bank makes its first-ever acqusition

In keeping lesser qualified suitors at bay, Hillsboro Bank finds the just-right merger partner next door.

  • By Mark Gordon
  • | 9:00 a.m. April 15, 2021
  • | 0 Free Articles Remaining!
Mark Wemple. The Bank of Tampa's Bill West, left, and Corey Neil, far right, are looking forward to the merger with Hillsboro Bank, overseen by Mike Ward, middle.
Mark Wemple. The Bank of Tampa's Bill West, left, and Corey Neil, far right, are looking forward to the merger with Hillsboro Bank, overseen by Mike Ward, middle.
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Mike Ward calls Hillsboro Bank a plain vanilla lender, doing loans, deposits, CDs — the basics. He’s OK with that, serving businesses and residents in rural Plant City in east Hillsborough County. The bank was founded in the summer of 1998, and has grown into $190.3 million in assets.

 

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