United Bankshares, Inc. Acquires Piedmont Bancorp, Inc.

United Bankshares Acquires Community Bankers Trust Corporation (Essex Bank)

December 3, 2021

Financial Services

United Bankshares, Inc. completed its acquisition of Community Bankers Trust Corporation, the parent company of Essex Bank, adding an organization with approximately $1.7 billion in assets and headquarters in the greater Richmond, Virginia region. The deal expands United’s Mid‑Atlantic footprint into additional Virginia and Maryland markets; former Community Bankers Trust President and CEO Rex L. Smith III was retained as a Regional President for the former Essex Bank locations.

Atlantic Union Bankshares Acquires American National Bankshares

April 1, 2024

Financial Services

Atlantic Union Bankshares Corporation completed its merger with American National Bankshares Inc., effective April 1, 2024, in a stock-for-stock transaction valued at approximately $507 million. The deal expands Atlantic Union's footprint across Central, Western and Southern Virginia and provides entry into North Carolina's Piedmont Triad and Raleigh markets.

Brookline Bancorp Acquires PCSB Financial Corporation

January 1, 2023

Financial Services

Brookline Bancorp, Inc. completed its acquisition of PCSB Financial Corporation effective January 1, 2023, following receipt of required regulatory approvals. The deal adds PCSB Bank's 15 branches in the Lower Hudson Valley to Brookline's footprint and expands Brookline's retail and commercial banking presence in New York.

Business First Bancshares Acquires Oakwood Bancshares and Oakwood Bank

April 25, 2024

Financial Services

Business First Bancshares, Inc. (b1BANK) agreed to acquire Oakwood Bancshares, Inc. and its banking subsidiary Oakwood Bank in an all‑stock transaction valued at approximately $85.7 million. The deal — expected to close in Q4 2024 and subject to regulatory and shareholder approvals — expands b1BANK's Texas footprint (adding six branches, including four in Dallas) and increases its consolidated assets to about $7.4 billion.

Business First Bancshares Acquires Progressive Bancorp and Progressive Bank

January 5, 2026

Financial Services

Business First Bancshares, Inc. (the holding company for b1BANK) completed its acquisition of Progressive Bancorp, Inc. and its wholly owned subsidiary Progressive Bank. The deal expands b1BANK's presence across North Louisiana, adding nine locations and increasing Business First's total assets to approximately $8.7 billion.

King Insurance Acquires Piedmont Insurance Associates

December 23, 2021

Insurance

King Insurance, a Gainesville, Florida-based full-service insurance brokerage, acquired Piedmont Insurance Associates, an independent insurance agency with offices in Covington and Newnan, Georgia. The acquisition is King's first expansion outside Florida and continues its roll-up strategy following a partnership with investor BHMS Investments, LP.