Alton Bancshares Announces Plans to Acquire Table Rock Community Bank

Alton Bancshares, Inc., a bank holding company for Alton Bank in Alton, Missouri and First Community Bank of the Ozarks in Branson, Missouri, today announced it has entered into a stock purchase agreement to acquire Table Rock Community Bank, headquartered in Kimberling City, Missouri.

"Table Rock Community Bank is well known for serving the financial needs of businesses and families in Stone County," stated Kendall Combs, Chairman of Alton Bancshares. "Customers of Table Rock Bank can look forward to the same level of service and commitment from the team of dedicated professionals, and they will benefit from expanded services in the future," Combs added.

"Joining Alton Bancshares allows us to remain Stone County's only locally owned bank," stated Dwayne Falk,

President and CEO of Table Rock Community Bank. "This is an excellent fit for Table Rock Community Bank and First Community Bank of the Ozarks. Our combined strength will provide an even stronger framework of dedicated banking services to our customers and communities we serve. We are excited about the opportunities this provides to our employees and their valued commitment to our communities," Falk added.

"Customers of both First Community Bank of the Ozarks and Table Rock Community Bank will benefit from the synergies of our highly skilled team members, added services, and the convenience of more banking locations in the future. Most importantly, our combined organization will allow us have a greater impact on the economic vitality of our communities," stated Charlie Schumacher, President and CEO of First Community Bank of the Ozarks.

First Community Bank of the Ozarks was established in Branson in 1993. In nearly three decades of operations it has expanded to include Branson offices and offices in Forsyth and Hollister. In 2012 Alton Bancshares acquired the bank, continuing to build on the legacy as Branson's premier hometown bank for businesses and families.

Table Rock Community Bank and First Community Bank of the Ozarks will continue to operate independently until the transaction is closed, which is expected to occur late in the second quarter or early in the third quarter of 2022, subject to regulatory approval. An anticipated future integration of operations is planned, when customers of both organizations will be able to transact business in any of the offices in Branson, Branson West, Forsyth, Hollister, Kimberling City, and the loan office in Crane.

DD&F Consulting Group served as financial advisor to Alton Bancshares, and Stinson LLP served as legal counsel. The Capital Corporation served as financial advisor to Table Rock Community Bank, and Armstrong Teasdale LLP served as legal counsel. Terms of the transaction are not being disclosed.

About Alton Bancshares, Inc.

Alton Bancshares is a bank holding company in Alton, Missouri, owned by Randall and Beckie Combs, Kendall and Pat Combs, and Mike and Sandy Combs. The Company owns First Communitv Bank of the Ozarks, a $144 million asset bank headquartered in Branson with offices in Branson, Forsyth and Hollister, and Alton Bank a $106 million asset bank with offices in Alton and Birch Tree.

About Table Rock Community Bank

Table Rock Communitv Bank is a $150 million asset bank headquartered in Kimberling City, Missouri with two branch offices in Kimberling City and Branson West, and a loan production office in Crane, Missouri. Table Rock Community Bank has served Stone County and the surrounding communities since 2006.