FS Bancorp completes acquisition of Pacific West Bancorp
FSBW•Deal consideration
Consideration totaled 430,176 FS Bancorp common shares plus $16.83 million in cash.
Pacific West shareholders could elect stock or cash, subject to proration under the merger agreement.
Acquisition completed
FS Bancorp completed its acquisition of Pacific West Bancorp, effective Aug. 19, 2026.
Pacific West Bank merged into 1st Security Bank of Washington, expanding the buyer’s presence in Oregon.
