Davis Polk is advising Strategic Growth Bancorp Incorporated on its merger with Sunflower Financial, Inc. The transaction will involve a merger of the holding companies and a merger of their respective banking entities. The transaction is expected to close in the first quarter of 2017, subject to regulatory approval and other customary closing conditions.
Headquartered in El Paso, Texas, Strategic Growth Bancorp is the parent company of First National Bank of Santa Fe, Capital Bank, SSB and Guardian Mortgage Company, Inc. Headquartered in Salina, Kansas, Sunflower Financial is the parent company of Sunflower Bank and Logia Portfolio Management.
The Davis Polk corporate team includes partner William L. Taylor, counsel Ajay B. Lele and associates Katharine Jan and Matthew M. Funk. Partner Luigi L. De Ghenghi and associate Jennifer E. Kerslake are providing financial institutions advice. Partner Jeffrey P. Crandall and associate Geoffrey E. Walter are providing executive compensation advice. Partner Kathleen L. Ferrell is providing tax advice. All members of the Davis Polk team are based in the New York office.