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Brookfield Bancshares to acquire NSTS Bancorp in $73.7M all-cash deal, expanding Chicago-area banking presence.

Company Fundamentals
12 May 2026
GlobeNewsWire
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Bullish
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Brookfield Bancshares, the parent company of First National Bank of Brookfield, has agreed to acquire NSTS Bancorp, the holding company for North Shore Trust and Savings, in an all-cash transaction valued at approximately $73.7 million. North Shore will continue operating under its current name as a subsidiary, with its CEO remaining on the board. The merger, expected to close in Q4 2026 pending regulatory and shareholder approvals, will expand Brookfield's banking footprint to four branches in the Chicago-Naperville-Elgin area with over $600 million in assets. NSTS shares will be delisted from Nasdaq after the deal closes.

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