Lewis & Clark Bank (OTC Pink: LWCL) announced today that its will merge with Clatsop Community Bank (OTC Pink: CLAT). The combination creates a $300 million asset commercial bank serving Portland Metro and the Oregon Coast.

Jeffrey Sumpter has been named the bank’s President and Chief Executive Officer. Trey Maust is now the bank’s Executive Vice Chairman. Most recently, Sumpter and Maust each served as Co-President and CEO.

Oregon Governor Kate Brown officially declared the week of October 16th as “Community Bank Week” in the state. Come help us celebrate.