ST. LOUIS, March 19, 2013 (GLOBE NEWSWIRE) -- Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (Nasdaq:EFSC), announced today a definitive agreement to acquire certain assets of Gorman & Gorman Home Loans, a division of F&M Bank and Trust Company, subject to regulatory approval. Mark Gorman, founder and President of Gorman & Gorman, will join Enterprise as President of the Bank's combined mortgage organization. Also joining Enterprise will be approximately 30 mortgage producers, underwriters and operations staff in St. Louis, Cape Girardeau and Springfield MO.
Enterprise Bank & Trust To Acquire Gorman & Gorman Home Loan Operations
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