Fidelity completes acquisition of Landmark

Robert Tomkavage, The Times-Tribune, Scranton, Pa.

Jul. 1—Fidelity D&D Bancorp Inc., the parent company of Dunmore-based Fidelity Bank, announced the completion of the acquisition of Landmark Bancorp Inc. and its subsidiary, the Pittston-based Landmark Community Bank, effective today.

After the consolidation, Fidelity has approximately $2.3 billion in assets, $2.1 billion in deposits and $1.4 billion in loans.

Through the agreement, Landmark shareholders received 0.272 shares of Fidelity common stock and $3.26 in cash for each share of Landmark common stock they owned as of July 1.

— ROBERT TOMKAVAGE