Bank merger announced

Oak Ridge Financial announced that Darlington-based First National Bank at Darlington has agreed to sell to The Bank of New Glarus. First National Bank at Darlington has two locations in Darlington and Gratiot, Wisconsin. The bank has total assets of approximately $191 million and $167 million in total deposits. The Bank of New Glarus has approximately $404 million in total assets. The merger will combine the existing six branches of The Bank of New Glarus with the two First National Bank at Darlington locations. Oak Ridge Financial has acted as the exclusive financial advisor to First National Bank at Darlington.