# HomeTrust Bancshares, Inc. (HTB) — merger/definitive [completed]
Source: sec.gov · situation sit_60df9cc7f0075076df23 · public 8077105087862942279 · retrieved 2026-08-20T13:24:03.807Z

## Overview
HomeTrust Bancshares, Inc. is a Maryland-incorporated bank holding company and savings institution with a wholly-owned bank subsidiary, HomeTrust Bank.

HomeTrust Bancshares, Inc. agreed to acquire Blue Ridge Bankshares, Inc. in a two-step merger transaction announced August 16, 2026. Under the Merger Agreement, Kinloch Merger Sub (a HomeTrust subsidiary) will merge with Blue Ridge, with Blue Ridge surviving as a HomeTrust subsidiary, followed immediately by a second-step merger of Blue Ridge into HomeTrust. Each share of Blue Ridge common stock will be converted into 0.086 shares of HomeTrust common stock, plus cash in lieu of fractional shares. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions including shareholder and regulatory approvals. A termination fee of $18.0 million is payable by either party upon termination under certain circumstances.

## Terms
- Counterparty: Blue Ridge Bankshares, Inc. · Consideration: stock · Price/share: $0.086

## Key dates
- Expiry 2027-08-16 · Expected close 2027-03-31 · Completed 2026-08-17

## Timeline
- 2026-08-17 · 8-K (0001538263-26-000107): 8-K - HomeTrust Bancshares, Inc. — *HomeTrust Bancshares, Inc. is a Maryland-incorporated bank holding company and savings institution with a wholly-owned bank subsidiary, HomeTrust Bank.* HomeTrust Bancshares, Inc. agreed to acquire Blue Ridge Bankshares, Inc. in a two-step merger transaction announced August 16, 2026. Under the Merger Agreement, Kinloch Merger Sub (a HomeTrust subsidiary) will merge with Blue Ridge, with Blue Ridge surviving as a HomeTrust subsidiary, followed immediately by a second-step merger of Blue Ridge into HomeTrust. Each share of Blue Ridge common stock will be converted into 0.086 shares of HomeTrust common stock, plus cash in lieu of fractional shares. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions including shareholder and regulatory approvals. A termination fee of $18.0 million is payable by either party upon termination under certain circumstances.
  https://www.sec.gov/Archives/edgar/data/1538263/0001538263-26-000107.txt
- 2026-08-17 · 425 (0001538263-26-000108): 425 - HomeTrust Bancshares, Inc. — *HomeTrust Bancshares, Inc. is a Maryland-incorporated savings institution and bank holding company with a wholly owned bank subsidiary, HomeTrust Bank, a North Carolina-chartered bank.* On August 16, 2026, HomeTrust Bancshares, Inc. (Maryland) and Blue Ridge Bankshares, Inc. (Virginia) entered into an Agreement and Plan of Merger, with HomeTrust's wholly owned subsidiary Kinloch Merger Sub merging into Blue Ridge, followed by a second-step merger of Blue Ridge into HomeTrust. Immediately thereafter, Blue Ridge Bank, National Association will merge into HomeTrust Bank. Each share of Blue Ridge common stock will be converted into 0.086 shares of HomeTrust common stock, plus cash in lieu of fractional shares. The merger has been unanimously approved by both boards and is expected to close in the first quarter of 2027, subject to customary closing conditions including shareholder approvals and regulatory approvals. A termination fee of $18.0 million is payable by either party upon termination under certain circumstances.
  https://www.sec.gov/Archives/edgar/data/1538263/0001538263-26-000108.txt

## Citations
- 0001538263-26-000107 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000153826326000107
- 0001538263-26-000108 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000153826326000108