Little Bank Inc. and Union Banc Corp. have entered into a definitive agreement pursuant to which Union shareholders will receive a fixed exchange ratio of 0.8843 share of LTLB common stock for each share of Union common stock. Rob Jones will serve as President and Chief Executive Officer and John Burns will serve as EVP and Chief Banking Officer of the combined bank. Crawford Knott, Chairman of Union’s Board of Directors, will become Vice Chairman of the combined bank’s Board of Directors.