Blue Sky Bank’s holding company, N.B.C Bancshares in Pawhuska, Inc., “Blue Sky Bank,” and First National Bank & Trust Company of Weatherford, “First National Bank,” jointly announced the anticipated merger of First National Bank into Blue Sky Bank.
The merger is subject to final shareholder and regulatory approval.
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First National Bank will continue to operate as a wholly-owned subsidiary of Blue Sky Bank.
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The combined banks will have more than $850 million in assets.
Locally owned since 1964, First National Bank was established in Weatherford, and has continuously operated in Custer County since its inception. The bank’s primary mission has been to serve the banking needs of Weatherford as well as the surrounding areas.
While successfully staying true to its commitment to serve its communities, the bank’s footprint has expanded throughout the years to include the communities of Stillwater, Hinton, Cordell and Morrison.
First National Bank CEO Herschel Brewster has been an integral part of that expansion. He entered the banking industry in 1978 with the intention of simply understanding how to run the bank and since then has worked extensively in each of its departments. His expertise and knowledge in multiple areas led to his successful transition to the role of President and CEO in 1999.
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“The partnership with First National Bank is a major win in our strategic objective of helping Oklahoma communities thrive in the years ahead,” Gentner Drummond, majority owner of Blue Sky Bank said. “This great banking institution has been committed to serving Oklahomans with personal service and community involvement for nearly 60 years, and its professionals are the perfect addition to Blue Sky Bank and our culture.”
“We are grateful to have found the ideal partner in Blue Sky Bank,” Brewster said. “This partnership allows us to offer our customers new banking services, capabilities and technology without sacrificing the reputation for exceptional personal service and commitment to the communities we’ve worked hard to cultivate.”
Upon completion of the transaction, First National Bank will join Blue Sky Bank’s operations in Oklahoma and Texas.
“Blue Sky Bank was founded more than 115 years ago. Our mission is to strengthen communities one at a time by empowering strong bankers with local authority,” Blue Sky Bank CEO Brian Schneider said. “Your favorite First National Bank banker will continue to assist you in your daily banking needs. We pledge to continue this level of service to the current and future customers of First National Bank & Trust Company of Weatherford.”
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