American Fork--PEOPLE'S UTAH BANCORP, a bank holding company and parent of People's INTERMOUNTAIN BANK, completed the merger of TOWN & COUNTRY BANK, INC., into PIB.

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American Fork -- PEOPLE'S UTAH BANCORP, a bank holding company and parent of People's INTERMOUNTAIN BANK, completed the merger of TOWN & COUNTRY BANK, INC., into PIB. As of September 30, 2017, T&C had total assets of $127.2 million, gross loans of $118.3 million and total deposits of $126.4 million. Under the terms of the merger, each outstanding T&C common share converted into the right to receive 0.2917 PUB common shares and $4.23 in cash, Including $2.0...

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