As of February 5, 2016, CIC Bancshares, Inc. was acquired by Heartland Financial USA, Inc. Simultaneous with closing of the transaction, Centennial Bank was merged into Heartland’s Colorado-based subsidiary, Summit Bank & Trust, with the resulting institution now operating under the name Centennial Bank and Trust. Click here for the full News Release.

For more information about Heartland Financial USA, Inc., visit htlf.com.

quote leftquote rightWe founded CIC Bancshares, Inc. at the height of the financial crisis to provide an investment opportunity for sophisticated investors and high-profile business owners to fund a new banking organization that would serve the Colorado business community for many years to come. To date, we have acquired three banks and are currently operating Centennial Bank with an asset size of over $725 million, through a 14 branch network. We have succeeded in serving our shareholders, our associates and the businesses and individuals in our communities and look forward to executing on our strategy of organic growth combined with opportunistic acquisition activity.

~ Kevin Ahern, Chairman & CEO - CIC Bancshares, Inc. ;
Chairman of the Board - Centennial Bank