Report: Layton State Bank to Be Acquired by North Shore Bank
Layton State Bank is set to be acquired by North Shore Bank according to a report on JSonline.
The bank has a prominent branch on Broad Street in Greendale. It was founded in 1920 and has assets of about just over $120 million and has three other branches in West Allis, New Berlin and Milwaukee.
Carla Breunig, president and chief executive officer of Layton State Bank, told JSonline that the merger would “leverage North Shore Bank’s infrastructure and resources, while providing our customers a broader network of branches, products and ATMs.”
North Shore Bank has assets of more than $1.8 billion and 45 branches in eastern Wisconsin and northern Illinois.