Peoples Bancorp completes acquisition of Citizens National Corporation
Peoples Bancorp Inc. completed its acquisition of Citizens National Corporation effective at the close of business on October 30, 2026, following a merger agreement first announced on April 21, 2026. Citizens had approximately $646 million in total assets at September 30, 2026, and its shareholders received 2.10 shares of Peoples common stock plus $8.00 in cash for each Citizens share.
Key points
- Citizens had about $646 million in total assets, $344 million in total loans and $551 million in total deposits at September 30, 2026.
- Each Citizens common share was exchanged for 2.10 Peoples common shares plus $8.00 in cash.
- Citizens' 12 branches will operate initially as a division of Peoples Bank and convert to Peoples Bank branches after the close of business on April 19, 2027.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.