FirstBanc of Alabama Completes Acquisition of First Fidelity Bank (FBDC Financial Corporation)
December 10, 2025
FirstBanc of Alabama, Inc. (parent of First Bank of Alabama) completed its acquisition of FBDC Financial Corporation, the parent company of First Fidelity Bank, under a merger agreement previously announced in December 2025. The deal values FBDC at $20.5 million in aggregate consideration (60% stock / 40% cash), and adds First Fidelity Bank’s locations in Fort Payne, Ider, and Rainsville to expand First Bank of Alabama’s northeast Alabama footprint.
- Buyers
- FirstBanc of Alabama, Inc.
- Targets
- FBDC Financial Corporation, First Fidelity Bank
- Industry
- Financial Services
- Location
- Alabama, United States
- Transaction Type
- Buyout
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