The Bank of Missouri parent company completes merger

PERRYVILLE — Reliable Community Bancshares, Inc., the parent company of The Bank of Missouri, has announced its next phase of growth.

As of Feb. 21, Bolivar Bancshares, Inc. has merged with Reliable Community Bancshares, Inc., according to a press release from Reliable.

Bolivar Bancshares, Inc., headquartered in Bolivar, is the holding company for Bank of Bolivar. Bank of Bolivar’s six locations include two in Bolivar, two in Springfield and one in Marshfield and Fair Grove, will continue to operate as Bank of Bolivar until the third quarter of this year when they are expected to join The Bank of Missouri.

Bank of Bolivar is a $300 million in asset independent bank with its principal office in Bolivar.

The Bank of Missouri is headquartered in Perryville and is a locally-owned independent community bank with $1.8 billion in assets. The Bank of Missouri currently operates 32 locations in 25 communities – 11 in central Missouri, seven in southwest Missouri (including Springfield and Branson) and 14 in Southeast Missouri.