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TriCo, FNB Bancorp deal gets shareholder, FDIC approval

TriCo Bancshares's pending acquisition of FNB Bancorp. has received shareholder approval.

In addition, the Federal Deposit Insurance Corp. has given its nod to the merger of First National Bank Northern California with Tri Counties Bank.

The California Department of Business Oversight had previously approved the transaction. The deal remains subject to regulatory approval from the Board of Governors of the Federal Reserve System and is expected to close in the third quarter of 2018.