The First Bancshares Acquires Beach Bancorp, Inc.

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.

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.

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.

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 Heritage Southeast Bancorporation

July 27, 2022

Financial Services

The First Bancshares, Inc. executed a definitive merger agreement to acquire Heritage Southeast Bancorporation, Inc. (HSBI). Upon closing, Heritage Southeast Bank will merge into The First Bank, expanding the acquirer’s presence in Georgia and Florida.

Bank First Corporation Acquires Denmark Bancshares, Inc.

January 19, 2022

Financial Services

Bank First Corporation (Nasdaq: BFC) signed a definitive Agreement and Plan of Merger to acquire 100% of the common stock of Denmark Bancshares, Inc., parent of Denmark State Bank, in a combined stock-and-cash transaction valued at approximately $119 million. The deal (targeted to close early Q3 2022) expands Bank First's franchise in Northeast Wisconsin, increases deposit market share and adds Denmark's agricultural banking expertise to the combined organization.