First Bancorp to Acquire First Carolina Bancshares Corporation

Colony Bankcorp to Acquire First Reliance Bancshares for Approximately $163 Million

June 24, 2026

Financial Services

Colony Bankcorp agreed to acquire 100% of First Reliance Bancshares in a stock-and-cash transaction valued at approximately $163 million. The combination is expected to expand Colony’s Southeast footprint and create a banking institution with approximately $5 billion in assets; it remains subject to customary closing conditions and is expected to close in the fourth quarter of 2026.

PNC Financial Services Group Acquires FirstBank Holding Company for $4.1 Billion

January 6, 2026

Financial Services

PNC Financial Services Group announced a definitive agreement to acquire FirstBank Holding Company (parent of FirstBank) in a $4.1 billion cash-and-stock transaction. The acquisition expands PNC’s footprint in Colorado and Arizona and is expected to be integrated into PNC Bank, N.A. pending regulatory approvals.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

Renasant to Merge With The First Bancshares

October 22, 2024

Financial Services

Renasant Corporation and The First Bancshares announced they have received all necessary regulatory approvals to complete the proposed merger. The companies expect to close the transaction on April 1, 2025, following shareholder approval previously obtained in October 2024.

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.

The First Bancshares Acquires Beach Bancorp, Inc.

April 26, 2022

Financial Services

The First Bancshares, Inc. (The First) entered into and completed a definitive agreement to acquire Beach Bancorp, Inc., the parent of Beach Bank, in an all‑stock transaction valued at approximately $116.7 million based on First Bancshares’ April 25, 2022 closing price. Beach Bank — which operates seven branches across the Florida panhandle and Tampa markets — was merged into The First Bank, expanding The First’s footprint in Northwest Florida and providing an entry into the Tampa market.