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Equity Bancshares agreed to buy Lincoln Bancorp for about $123.8M

Equity Bancshares agreed to buy Lincoln Bancorp in a deal valued at about $123.8 million, paid in cash and stock. The transaction would expand its presence in Iowa.

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Equity Bancshares said it has agreed to buy Lincoln Bancorp for about 123.8 million in cash and stock, a transaction that would expand its presence in Iowa. Lincoln, based in Reinbeck, Iowa, has 16 locations and total assets of 1.7 billion.

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