$154MMergerFinancial Services
TowneBank to acquire North Carolina's blueharbor bank for $154M
TowneBank signed a definitive merger agreement to acquire Mooresville-based blueharbor bank for approximately $154 million, based on TowneBank's 10-day volume-weighted average price of $36.15 as of October 2. blueharbor had roughly $628 million in total assets, $537 million in loans, $551 million in deposits and five offices as of June 30, 2026.
Why it matters: The deal deepens TowneBank's push into the greater Charlotte market and the fast-growing I-77 corridor.
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