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EX-99 - HAWTHORN BANCSHARES, INC. | ex99-10182018_031033.htm |
(Exact name of registrant as specified in its charter.)
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification No.)
(Address of principal executive offices)
(Registrant's Telephone number)
(Former Name or Former Address, if Changed Since Last Report)
On October 17, 2018, Hawthorn Bank, a wholly-owned subsidiary of Hawthorn Bancshares Inc., entered into an agreement for the sale of its branch located in Branson, Missouri with total deposits of approximately $15 million to Branson Bank, Branson, Missouri, which sale would exclude the loans assigned to the branch. The agreement provides for certain representations, warranties and covenants customary for transactions of this type. The consummation of the transaction contemplated by the agreement is subject to regulatory approval and various other closing conditions. Hawthorn Bancshares, Inc. has issued a press release announcing Hawthorn Bank's entry into an agreement to sell its Branson, Missouri branch.
Exhibit No. 99.1 Hawthorn Bancshares, Inc. press release dated October 17, 2018.
Hawthorn Bancshares, Inc. |
By: | /s/ David T. Turner |
Name: David T. Turner | |
Title: Chairman, CEO & President |
Exhibit No.
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Description
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EX-99.1
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Hawthorn Bancshares Announces Intent to Sell Branson, MO Branch
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