Pewaukee branch of THE National Bank acquired by Triumph

Special to The Freeman

Oct. 15, 2013

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.