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California State, Landmark to Merge in April

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California State Bank said its proposal to buy Landmark Bancorp and its Landmark Bank unit for $36.8 million has been approved by shareholders of both companies. The merger is expected to be completed in April.

Tom Bishop will remain chairman and chief executive of California State Bank, and Eugene Bishop will continue as president.

California State Bank has 14 banking offices with total assets of $490 million. Landmark Bank operates six offices, all within Orange County, with total assets of $236 million.

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