Mercantile Bancorp to sell Brown County, Carthage banks, exchange HNB in Hannibal for $28 million in debt

Mercantile Bancorp to sell Brown County, Carthage banks, exchange HNB in Hannibal for $28 million in debt...

Posted: 11.23.09 @7:43PM

Last Updated: 11.23.09 @7:43PM

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(Herald Whig) Mercantile Bancorp Inc. has announced it has agreed to sell two banks for $25.6 million and exchange a third for $28 million of debt to improve its bottom line.

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