BROOKFIELD BANCSHARES, INC. AND FIRST NATIONAL BANK OF BROOKFIELD ANNOUNCE EXECUTION OF MERGER AGREEMENT TO ACQUIRE NSTS BANCORP, INC. AND NORTH SHORE TRUST AND SAVINGS

Brookfield Bancshares, Inc. and First National Bank of Brookfield announced the execution of a definitive merger agreement to acquire NSTS Bancorp, Inc. and North Shore Trust and Savings in an all-cash transaction valued at approximately $73.7 million. NSTS stockholders will receive $14.28 per share in cash. The transaction is expected to close in Q4 2026, subject to regulatory approvals and stockholder approval. Post-closing, the combined entity will operate four branches in the Chicago-Naperville-Elgin MSA with over $600 million in assets.