First Community Corporation Acquires Signature Bank of Georgia

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.

Cadence Bank Completes Merger with FCB Financial Corp.

May 1, 2025

Financial Services

Cadence Bank announced the completion of its previously announced merger with FCB Financial Corp., the bank holding company for Savannah, Georgia-based First Chatham Bank. The deal expands Cadence's presence in Savannah and Coastal Georgia and brings longtime First Chatham leader Ken Farrell into an important Cadence leadership role in Savannah.

BankFirst Capital Corporation Acquires The Magnolia State Corporation and Magnolia State Bank

July 1, 2025

Financial Services

BankFirst Capital Corporation completed its acquisition of The Magnolia State Corporation and its wholly owned subsidiary Magnolia State Bank effective July 1, 2025. The deal expands BankFirst’s branch network to 52 offices across Mississippi and Alabama and increases pro forma assets to approximately $3.2 billion, with gross loans of about $2.2 billion and deposits of roughly $2.8 billion; several Magnolia executives have joined BankFirst in regional leadership roles.

FB Financial Acquires Southern States Bancshares

June 30, 2025

Financial Services

FB Financial Corporation (parent of FirstBank) completed its merger with Southern States Bancshares, Inc., with Southern States shareholders receiving 0.800 shares of FB Financial common stock per share. The transaction implies an approximate equity value of $368.4 million and expands FB Financial's footprint into Alabama and Georgia; Southern States reported $2.9 billion in total assets as of March 31, 2025.

First Financial Bancorp Acquires BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp completed its all-stock acquisition of Chicago-based BankFinancial Corporation, adding 18 retail financial centers and expanding First Financial’s presence in the Chicago market. The acquisition brings BankFinancial’s commercial lending, equipment finance and deposit franchise onto First Financial’s platform and increases the combined company’s assets to approximately $22 billion.

Bank First Corporation Acquires Denmark Bancshares, Inc.

January 19, 2022

Financial Services

Bank First Corporation (Nasdaq: BFC) signed a definitive Agreement and Plan of Merger to acquire 100% of the common stock of Denmark Bancshares, Inc., parent of Denmark State Bank, in a combined stock-and-cash transaction valued at approximately $119 million. The deal (targeted to close early Q3 2022) expands Bank First's franchise in Northeast Wisconsin, increases deposit market share and adds Denmark's agricultural banking expertise to the combined organization.