First Community Corporation Acquires Signature Bank of Georgia

First Bancorp to Acquire First Carolina Bancshares Corporation

July 14, 2026

Financial Services

First Bancorp announced it signed a definitive merger agreement to acquire First Carolina Bancshares Corporation in a stock-and-cash transaction valued at $166 million. The deal is expected to close in the fourth quarter of 2026 or early in the first quarter of 2027, subject to customary approvals and conditions.

United Community Banks Acquires Peach State Bancshares

April 21, 2026

Financial Services

United Community Banks, Inc. (NYSE: UCB) announced it has received required regulatory approvals to acquire Peach State Bancshares, Inc. in a stock-and-cash merger. The transaction is expected to close on August 3, 2026, subject to remaining closing conditions, including Peach State shareholder approval.

Esquire Financial Holdings Acquires Signature Bancorporation

March 18, 2026

Financial Services

Esquire Financial Holdings, Inc. agreed to acquire Signature Bancorporation, Inc. in an all-stock transaction valued at about $348.4 million, expanding Esquire’s presence in the Chicago and Midwest commercial banking markets. After receiving regulatory approvals and stockholder approvals, the acquisition closed effective August 1, 2026, with Signature operating as a division of Esquire Bank.

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

July 1, 2025

Financial Services

BankFirst Capital Corporation signed and later completed its acquisition of The Magnolia State Corporation and its wholly owned subsidiary, Magnolia State Bank. The deal expands BankFirst’s presence across Mississippi and Alabama, bringing the combined company to 52 offices and approximately $3.2 billion in total assets.

Cadence Bank Acquires FCB Financial Corp (First Chatham Bank)

May 1, 2025

Financial Services

Cadence Bank signed a definitive merger agreement to acquire FCB Financial Corp., the bank holding company for First Chatham Bank, a community bank based in Savannah, Georgia. The merger was later completed on May 1, 2025, expanding Cadence’s presence in the Savannah and coastal Georgia markets.

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.