TriCo Bancshares has completed its previously-announced merger with Valley Republic Bancorp as of March 25, 2022. The combined company, operating as TriCo Bancshares with its banking subsidiary, Tri Counties Bank, anticipates having total assets of approximately $10.1 billion as the result of the merger. With the completion of the merger, TriCo has appointed Anthony L. Leggio to its board of directors.

Mr. Leggio served as a director of Valley and Valley Republic Banksince incorporation in 2016 and 2008, respectively. Mr. Leggio has been President/Manager of Bolthouse Properties, LLC, Bakersfield, CA, a diversified real estate development company with commercial, residential and agricultural holdings since 2006. He is a director of Tejon Ranch Company.