Stinson Provides Counsel to Docking Bancshares, Inc. in Acquisition of Midland Financial Corporation
Docking Bancshares, Inc., parent company to Kansas-based Union State Bank, announced its acquisition of Midland Financial Corporation and its subsidiary, Midland National Bank. The transaction is set to close in the fourth quarter of this year.
At closing, the acquisition will bring Union State Bank’s total asset size to more than $475 million and add five additional Kansas branch locations. The transaction is subject to customary closing conditions, including approvals of the appropriate regulatory authorities and the shareholders of Midland Financial Corporation.