On June 30, 2016, North Shore Bank, FSB, Brookfield, Wisconsin, entered into a definitive agreement to acquire Layton Park Financial Group, Inc., West Allis, Wisconsin, and its wholly owned subsidiary, Layton State Bank.
Luse Gorman served as legal counsel to North Shore Bank in the transaction. The Luse Gorman team consisted of Eric Luse, Ned Quint and Scott Brown (Corporate/M&A) and Beverly White (Executive Benefits).
North Shore Bank has approximately $1.80 billion in total assets and operates 45 banking offices throughout eastern Wisconsin and northern Illinois.
Layton State Bank has approximately $123.0 million in total assets and operates four banking offices located in the greater Milwaukee, Wisconsin area.