NexTier to acquire Ohio-based bank
Butler-based NexTier Bank and Ohio-based Riverside Bank of Dublin have entered into a definitive merger agreement, creating a financial organization with about $3.1 billion in assets.
Once the transaction is complete, Riverside will be merged with NexTier Bank. The combined company and branch locations will operate under the NexTier Bank brand across Pennsylvania, Ohio and New York.
“NexTier has been proud to be associated with this outstanding organization throughout the years and we are enthusiastic about what the future holds as we bring these two great community banks together,” Clem Rosenberger, president & CEO of NexTier Bank said. “We are committed to continuing Riverside’s legacy of connecting with customers and delivering strong customer-focused service.”
NexTier Bank will continue to support Riverside’s client base, according to the agreement.
NexTier has 32 branches and about $2.9 billion in assets as of March 31, 2026. Riverside is based out of Dublin, Ohio, and holds about $270 million in assets as of March 31, 2026.
The transaction was unanimously approved by the boards of both companies and is expected to close in the third quarter of 2026, pending regulatory approvals, Riverside shareholder approval and customary closing conditions.
Travis Sanders, president and chief lending officer of Riverside, will join the NexTier Bank leadership team to serve as regional president – Columbus, Ohio, once the merger is complete.
