Business First Bancshares announces acquisition of Waterstone LSP

Business First Bancshares, the holding company for b1BANK announced the signing of a definitive agreement to acquire Waterstone LSP. “We have worked closely, for a number of years, with Waterstone and have been impressed with their deep understanding of both small businesses and the community banks that serve them,” said b1BANK President and CEO, Jude Melville. “With the integration of Waterstone, we look forward to more seamlessly providing SBA-focused alternatives to our core bank clients while also equipping our community bank partners around the country to more comprehensively serve their clients.” Waterstone will operate as a subsidiary of b1BANK and will report through Chief Administrative Officer, Jerry Vascocu.