FOR IMMEDIATE RELEASE Parkside Financial, Inc. to Acquire First American Bancorp

St. Louis, MO and Greenwood Village, CO — September 2, 2026 — Parkside Financial, Inc. (“Parkside”), the parent company of Parkside Financial Bank & Trust, a Missouri-based community bank, and First American Bancorp (“First American”), the parent company of First American State Bank, a Greenwood Village, Colorado-based community bank, jointly announced they have entered into a definitive agreement whereby Parkside Financial, Inc. will acquire First American Bancorp and First American State Bank in a stock and cash transaction. Upon completion of the merger, First American State Bank will merge with and become a part of Parkside Financial Bank & Trust.

This acquisition marks a significant step in Parkside’s continued growth in the Colorado market and reinforces its commitment to serving clients as an uncommon partner through a fully integrated banking and wealth management platform. Following the completion of the transaction, the combined entity will have approximately $1.4 billion in assets, $1.1 billion in loans, and $1.1 billion in deposits.

“First American has built a strong legacy of relationship-based banking in Colorado,” said James Wagner, Chief Executive Officer and Co-Founder of Parkside Financial Bank & Trust. “We are excited to welcome the First American team, its clients, and shareholders to Parkside. By bringing our organizations together, we can deliver a more comprehensive and seamless experience backed by expanded resources and capabilities.”

“This is an opportunity to build on the strengths of two respected banking organizations,” said Andrew Hereford, Bank President and Co-Founder of Parkside Financial Bank & Trust. “First American brings a talented team, a strong core deposit base, and deep commercial and consumer banking expertise that complement Parkside’s existing capabilities. Together, we will be well positioned to support businesses and their owners with local decision-making, sophisticated credit solutions, and the financial strength needed to meet their evolving banking needs.”

Following the completion of the transaction, First American State Bank clients will transition to Parkside Financial Bank & Trust, gaining access to a broader suite of commercial banking services, investment advisory, and comprehensive wealth planning. The combined organization will continue to prioritize personalized service, while offering enhanced tools and expertise to support clients’ evolving financial needs.

“Parkside shares our commitment to putting clients first and building meaningful, long-term relationships,” said Jay Davidson, Chief Executive Officer and Founder of First American State Bank. “We are confident this transition will provide significant benefits to our clients, employees, and shareholders, and we look forward to becoming part of the Parkside team.”

Parkside initially entered the Denver market in 2019 through the opening of a loan production office in Cherry Creek that was subsequently converted into a limited-services branch office in late 2025. The acquisition of First American will augment Parkside’s Denver presence, adding a full-service bank that will serve as a platform for future growth. To ensure a smooth transition for First American’s clients, employees, and shareholders in the coming months, Jay Davidson will provide consulting services to the combined organization. Parkside will retain its office in Cherry Creek with a focus on growing its loan and wealth management business, which will ensure continuity in client service while enhancing local expertise, resources, and capabilities.

The transaction, which is subject to customary closing conditions including regulatory and First American shareholder approvals, is expected to close in the fourth quarter of 2026. Financial terms of the transaction were not disclosed. Stephens Inc. served as financial advisor and Armstrong Teasdale LLP served as legal advisor to Parkside. Hillworth Bank Partners served as financial advisor and Otteson Shapiro LLP served as legal advisor to First American.

About Parkside Financial Bank & Trust

Founded in 2008, Parkside Financial Bank & Trust is a client-focused financial services firm dedicated to delivering an uncommon partnership through integrated commercial banking, investment, and wealth management solutions. With offices in St. Louis and Denver, Parkside serves individuals, families, and businesses with a personalized, relationship-driven approach. The bank had $1.1 billion in assets and $907 million in loans as of June 30, 2026. Learn more at www.pfbt.com.

About First American State Bank

Founded in 1995, First American State Bank is a Colorado-based community bank committed to providing high-quality financial services and personalized support to individuals and businesses. With a strong focus on local relationships, First American has built a reputation for responsiveness, integrity, and client-centered service. The bank had $277 million in assets and $195 million in loans as of June 30, 2026. Learn more at www.firstamericanstatebank.com

No Offer or Solicitation

This press release is being provided for informational purposes only and does not constitute (i) an offer to purchase, nor a solicitation of an offer to sell, subscribe for, or buy any securities, (ii) an offer to exchange any securities, or (iii) the solicitation of any vote for approval of any transaction. There shall not be any offer, solicitation, sale, or exchange of any securities in any state or other jurisdiction in which such offer, solicitation, sale, or exchange is not permitted. First American Bancorp shareholders are advised to read the proxy statement/prospectus and any other relevant documents that will be distributed to shareholders prior to the Special Meeting of Shareholders that will be scheduled to vote on the proposed transaction.

For inquiries or additional information, please contact: Parkside Financial Bank & Trust Investor Relations (314) 290-8600 InvestorRelations@pfbt.com

FLU SHOTS FOR CUSTOMERS AND FAMILY MEMBERS

Friday, October 2, 2026, 10am-1pm and Friday, October 16, 2026, 10am-1pm

FIRST AMERICAN STATE BANK
8390 E. Crescent Parkway, Suite 100, Greenwood Village, CO

* If you are 65 or older, we will be offering a high dose flu shot for free. Please request this higher dose flu shot when you make your reservation. 

Please call Liesl or Crystal at 303.694.6464, 
by September 25 to reserve a time**.

** Total Wellness provides shots. Age and health restrictions for receiving a flu shot at a business location may apply. 

Volunteers of America Colorado’s summer festival blends food, music, art, and philanthropy into one of Denver’s signature seasonal events

by Faustine Curry, Colorado Expression

Denver’s summer event season will welcome the return of Spirit Colorado on Saturday, June 20, 2026, as Volunteers of America Colorado (VOA Colorado) transforms Denver’s RiNo district into a celebration of food, craft beverages, live entertainment, and community connection.

Running from 2 to 6 p.m., the open-air festival brings together many of Colorado’s most recognized chefs, wineries, distilleries, breweries, musicians, and artists for an afternoon showcasing the creativity and culture that define the state. Beyond the culinary and entertainment experience, the event also supports VOA Colorado’s mission to serve individuals and families facing homelessness, hunger, and hardship across Colorado.

Guests attending Spirit Colorado can expect tastings from award-winning chefs alongside wine, beer, and spirit samplings from Colorado producers. Local bands will provide live music throughout the afternoon while artists create live graffiti murals in real time, adding an immersive visual element to the festival atmosphere.

Spirit Colorado was created to celebrate the people, flavors, and artistic energy that make Colorado unique while also generating meaningful support for the community. All proceeds from the event directly support VOA Colorado programs focused on housing, nutrition services, and essential support resources for individuals and families across the state.

Last year alone, VOA Colorado served more than 100,000 individuals through its broad network of programs and services. Signature fundraising events like Spirit Colorado help expand access to those resources while introducing new audiences to the organization’s mission-driven work.

The festival continues to grow as one of Denver’s anticipated summer gatherings, drawing attendees interested in Colorado’s culinary scene, local culture, and charitable engagement. Organizers say the combination of outdoor entertainment, elevated food and beverage experiences, and social impact creates an experience that feels distinctly Colorado.

General admission tickets are currently available for $45, with VIP tickets available for $75. Tickets and additional event details are available at www.spiritcolorado.org.

Faustine Curry is Chief Advancement Officer of Volunteers of America Colorado, a nonprofit organization serving more than 100,000 individuals annually through programs focused on housing, hunger relief, and essential support services. Learn more at www.voacolorado.org.

Please view the complete article in  Colorado Expression

First American State Bank Welcomes Kathryn Medlin as Universal Banker

Greenwood Village, Colo. — First American State Bank (FASB) is pleased to announce the addition of Kathryn Medlin as Universal Banker. Kathryn brings a strong background in customer service, financial operations, and relationship building, further strengthening FASB’s commitment to personalized community banking.

In her role as Universal Banker, Kathryn will support clients with a full range of retail banking services while delivering the relationship-focused experience that defines First American State Bank. Her professionalism, attention to detail, and passion for helping others make her a valuable addition to the FASB team.

“Kathryn’s positive energy, dedication to client service, and ability to build meaningful relationships align perfectly with our culture at First American State Bank,” said Michelle Gruber, Vice President at First American State Bank. “We are excited to welcome her to the team and look forward to the impact she will make for our clients and community.”

Kathryn joins FASB with experience in customer engagement, operational support, and financial service environments, where she developed a reputation for delivering dependable service and creating positive client experiences. Her commitment to teamwork and community-focused service reflects the values at the heart of FASB.

As a locally owned community bank, First American State Bank continues to invest in talented professionals who prioritize relationship banking and exceptional client care. Kathryn’s addition supports the bank’s ongoing mission to provide personalized banking solutions while building lasting relationships throughout the communities it serves. 

About First American State Bank

First American State Bank is a locally owned, community-focused financial institution dedicated to providing personalized banking solutions for businesses and individuals. With direct access to decision-makers and a strong commitment to financial literacy and community involvement, FASB partners with clients to help them achieve long-term financial success.

For more information, please visit www.FirstAmericanStateBank.com

Summer Sounds.
Too Many Connections.

Concerts at the Crescent

Free concerts, local food trucks, summer fun, and friendly faces from first American State Bank.

Thursday Evenings in the Summer

6:00 PM – 8:00 PM at crescent and computer

Click Here for the Full 2026 Summer Schedule

Greenwood Village, Colo. — First American State Bank (FASB) is pleased to announce the addition of LaTasha Robertson as Vice President, Relationship Manager. With more than a decade of experience in commercial banking, business development, treasury management, and relationship banking, LaTasha brings a strong background in helping businesses grow through strategic financial solutions and personalized service.

LaTasha joins FASB with extensive experience in commercial lending, portfolio management, and business acquisition across regional and national financial institutions. Most recently, she served as Vice President, Business Development Officer at 5Star Bank, where she managed a $35 million commercial portfolio while sourcing and structuring new lending opportunities for business clients.

Throughout her career, LaTasha has built a reputation for relationship-driven banking, helping business owners navigate financing solutions including SBA and conventional lending, treasury management services, and deposit growth strategies. Her experience includes leadership roles with NBH Bank, ANB Bank, Wells Fargo Bank, and Bank of the West, where she consistently demonstrated success in business development, credit analysis, and portfolio growth.

“LaTasha’s energy, experience, and passion for relationship banking make her an exceptional addition to our team,” said Michelle Gruber, Vice President at First American State Bank. “She understands the importance of personalized service and trusted partnerships, which aligns perfectly with our commitment to supporting local businesses and strengthening our communities.”

In addition to her banking expertise, LaTasha is committed to community involvement and business networking, regularly hosting educational events and building partnerships that support local economic growth. Her dedication to helping businesses succeed reflects FASB’s mission as a locally owned, community-focused financial institution.

First American State Bank continues to invest in experienced professionals who prioritize relationship banking, financial expertise, and community impact. LaTasha’s addition further strengthens the bank’s ability to deliver personalized banking solutions for businesses throughout Colorado.

About First American State Bank

First American State Bank is a locally owned, community-focused financial institution dedicated to providing personalized banking solutions for businesses and individuals. With direct access to decision-makers and a commitment to community involvement, FASB partners with clients to help them achieve long-term financial success.

For more information, please visit First American State Bank