PEWAUKEE — Triumph Bancorp, Inc., parent of Dallas-based Triumph
Savings Bank, SSB, on Wednesday completed the acquisition of
National Bancshares, Inc., parent company of THE National Bank.
National Bancshares’ community banking subsidiary, THE National
Bank, has 22 offices throughout Iowa, Illinois and Wisconsin,
including a branch in Pewaukee.
“We are excited to welcome the customers, employees, and
shareholders of National Bancshares to the Triumph group of
companies,” said Aaron P. Graft, president and CEO of Triumph
Bancorp. “This transaction is one of those rare opportunities to
create value for everyone involved.
“We are pleased about the opportunity to combine resources with
Triumph Bancorp, Inc,” John DeDoncker, president and CEO of THE
National Bank said. “Through this acquisition, we believe we
have enhanced the banking experience for our customers with the
addition of various financial opportunities. We will continue to
serve our customers and community well as we go forward as a
member of the Triumph Bancorp group of companies.”
The acquisition gives Triumph Bancorp about $1.2 billion in
total assets and $150 million in total equity capital.