Susquehanna Bancshares Inc. has completed its acquisition of Abington Bancorp Inc., the Lititz-based parent of Susquehanna Bank said this morning.
The $273 million stock deal adds $1.1 billion in assets and 20 Philadelphia-area bank branches to Susquehanna's portfolio. Susquehanna converted the branches to its brand, the company said.
Still pending is Susquehanna's $343 million acquisition of Tower Bancorp Inc., announced in June. That deal, expected to close early next year, will give Susquehanna $17.8 billion in assets and make it the second-largest bank headquartered in Pennsylvania, behind PNC Financial Services Group Inc.