HENDERSON, Ky. (WEVV) — Stock Yards Bancorp, Inc. announced a definitive agreement Tuesday to acquire Henderson-headquartered Field & Main Bancorp, Inc. in an all-stock transaction valued at approximately $105.7 million.
The merger will significantly expand Stock Yards’ footprint into the Western Kentucky market, adding Field & Main’s established presence in Henderson, Lexington, and Cynthiana, as well as Evansville, Indiana. Field & Main, which was established in 1887, currently operates six retail branches and manages roughly $861 million in assets.
“This combination joins two community banks whose values and cultures are closely aligned,” said James A. (Ja) Hillebrand, Chairman and CEO of Stock Yards…