Guaranty Bancshares, Inc. Merger with Glacier Bancorp, Inc.

Glacier Bancorp Acquires Altabancorp (Altabank)

October 1, 2021

Financial Services

Glacier Bancorp, Inc. completed its acquisition of Altabancorp (Altabank), the largest community bank in Utah. Altabank will operate as "Altabank, Division of Glacier Bank," adding 25 branches and roughly $3.5 billion in assets and expanding Glacier's Western U.S. footprint.

QCR Holdings Acquires Guaranty Federal Bancshares (Guaranty Bank)

November 9, 2021

Financial Services

QCR Holdings, Inc. agreed to acquire Guaranty Federal Bancshares, Inc. and merge Guaranty Bank into QCR’s Springfield First Community Bank charter, with the combined franchise operating under the Guaranty Bank name in Springfield and southwest Missouri. Consideration options include cash, QCR stock or a mix, and the transaction was valued at about $152 million based on QCR's Nov. 5, 2021 share price; closing was expected in early-mid 2022 subject to regulatory and shareholder approvals.

DMG Bancshares Inc. to Acquire Liberty Bancorp in All-Cash Merger

February 28, 2022

Financial Services

DMG Bancshares Inc. signed a definitive merger agreement to acquire Liberty Bancorp (Liberty Bank) in an all-cash transaction valued at approximately $31.2 million in base consideration. The deal includes potential additional cash consideration of up to approximately $2.9 million based on certain events and is expected to close in the summer of 2022, subject to approvals.

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.

Colony Bankcorp to Acquire TC Bancshares in $86.1 Million Merger

July 23, 2025

Financial Services

Colony Bankcorp, Inc. (NYSE: CBAN) announced it has signed a definitive merger agreement to acquire 100% of TC Bancshares, Inc. (OTCQX: TCBC) in a combined stock-and-cash transaction valued at approximately $86.1 million. The deal is expected to create a stronger community banking franchise with expanded capabilities and long-term growth in key Georgia and Florida markets, and is expected to close in Q4 2025 subject to regulatory and shareholder approvals.

Hope Bancorp Completes Merger With Territorial Bancorp

April 2, 2025

Financial Services

Hope Bancorp completed its merger with Territorial Bancorp, the holding company for Territorial Savings Bank. Effective April 2, 2025, Territorial Savings Bank operates under the Territorial Savings trade name as a division of Bank of Hope.